
Current Price | $179.62 | Mkt Cap | $5.1B |
---|---|---|---|
Open | $175.62 | P/E Ratio | 46.32 |
Prev. Close | $179.62 | Div. (Yield) | $1.84 (1.0%) |
Daily Range | $175.62 - $179.87 | Volume | 2,278,373 |
52-Wk Range | $119.19 - $197.00 | Avg. Daily Vol. | 376,066 |
The Company is a supplier of high-performance polishing slurries used in the manufacture of advanced integrated circuit devices within the semiconductor industry, in a process called chemical mechanical planarization.
Current Price | $179.62 | Mkt Cap | $5.1B |
---|---|---|---|
Open | $175.62 | P/E Ratio | 46.32 |
Prev. Close | $179.62 | Div. (Yield) | $1.84 (1.0%) |
Daily Range | $175.62 - $179.87 | Volume | 2,278,373 |
52-Wk Range | $119.19 - $197.00 | Avg. Daily Vol. | 376,066 |
The best Bull and Bear pitches based on recency and number of recommendations.
Cabot Microelectronics Corporation (CCPM) is a leading supplier of high performance polishing slurries used in the manufacture of integrated circuit (IC) devices within the semiconductor industry, in a process called chemical mechanical planarization… More
Read the most recent pitches from players about CCMP.
Recs
This company has underperformed the industry it serves consistently over the past few years. It's bread and butter business (polishing slurries) are becoming increasingly commodity products. It's effort in polishing pads is old, probably seven years, and still has made no impact on revenue. While that segment is higher margin than slurries the reason for that is the pad market is almost completely controlled by one company, Rohm and Haas. My expectation is that either CCMP will never be successful in pads or that margins will fall through the floor when they enter and it becomes a commodity business just like their slurry business.
Additionally, their attempts to put that cash they have on hand to use with acquisitions of new companies has been nothing short of laughable.
Finally, after listening to a few earning conference calls, I believe the CEO might not even be aware of the existence of the market his company is supposed to serve. Ok, that's extreme, I'm sure he knows it exists but he clearly doesn't know a thing about it. Overall week leadership is the final reason I would dump this one.
Recs
New product keeps this semi-conductor industry feeder company on the cutting edge.
Recs
Cabot Microelectronics Corporation (CCPM) is a leading supplier of high performance polishing slurries used in the manufacture of integrated circuit (IC) devices within the semiconductor industry, in a process called chemical mechanical planarization (CMP). In recent years, the company has expanded its offerings to include polishing pads for IC fabrication and slurries for disk drive applications.
The CMP slurry market is underway to become more fragmented due to the growing number of new applications and materials used within semiconductor devices as well as the increased desire for custom slurry solutions from the customers. It is believed that this trend is to company’s advantage due to its dominant position in the slurry market as well as its significant level of resources that can be put to task to develop new process solutions.
In addition to growing internally, CCMP is expanding through acquisitions including QED Technologies, Inc. (QED), contributing around $5 million to its top-line in recent concluded quarter. As the semiconductor industry recovers in 2006 following a downturn in 2005, revenue for fiscal 2006 increased by around 18%, and is expected to follow the suite with an average growth rate of 15-16% next year. With multi-year supply agreements in its tally, the company is aggressively working upon higher operating margins.
As pad development and customer acceptance are progressing, CCMP is strategically focusing on polishing pad segment, which offers higher margins. With the company looking for investments in demand driven Taiwan and other Asian markets, a positive operating environment is well anticipated for the company.
Find the members with the highest scoring picks in CCMP.
2st1 (93.18) Score: +702.48
The Score Leader is the player with the highest score across all their picks in CCMP.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
2st1 | 93.18 | 1/8/2009 |
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NS | $15.69 | +1,041.32% | +338.84% | +702.48 | 0 Comment | |
2st3 | 97.79 | 1/8/2009 |
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NS | $15.69 | +1,041.32% | +339.43% | +701.89 | 0 Comment | |
heavyhiting | 59.00 | 12/29/2008 |
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3Y | $16.11 | +1,011.55% | +353.29% | +658.26 | 0 Comment | |
HappygoLucky08 | < 20 | 12/15/2008 |
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3Y | $16.49 | +985.46% | +347.84% | +637.63 | 0 Comment | |
Rex362 | 60.73 | 3/31/2009 |
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3M | $15.96 | +1,021.62% | +393.50% | +628.12 | 0 Comment | |
foolcaps | < 20 | 10/16/2006 |
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1Y | $19.85 | +801.74% | +202.13% | +599.61 | 0 Comment | |
m8887s | 94.01 | 3/14/2008 |
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3W | $20.97 | +753.76% | +205.00% | +548.76 | 0 Comment | |
dontrememstrat | 89.83 | 4/20/2009 |
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5Y | $17.81 | +905.06% | +359.00% | +546.07 | 0 Comment | |
migliosa | < 20 | 12/5/2006 |
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NS | $21.53 | +731.64% | +193.95% | +537.69 | 0 Comment | |
NewOldGuy | 50.75 | 12/11/2006 |
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1Y | $21.72 | +724.35% | +191.63% | +532.72 | 1 Comment |
See what the Wall Street professionals think, according to their public statements and filings.