CMC Materials Inc (CCMP) Forecast, Price Target & Analyst Ratings

NASDAQ:CCMP • US12571T1007

Current stock price

173.69
+1.01 (+0.58%)
At close:
173.69
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CMC Materials Inc (CCMP).

Forecast Snapshot

Consensus Price Target

Price Target
$192.63
+ 10.91% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 3, 2022
Period
Q3 / 2022
EPS Estimate
$1.85
Revenue Estimate
332.582M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
74.29%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$192.63
Upside
+ 10.91%
From current price of $173.69 to mean target of $192.63, Based on 14 analyst forecasts
Low
$171.70
Median
$193.80
High
$215.25

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for CCMP. The average price target is 192.63 null. This implies a price increase of 10.91% is expected in the next year compared to the current price of 173.69.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CCMP Current Analyst RatingCCMP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

CCMP Historical Analyst RatingsCCMP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
74.29%
CCMP was analyzed by 14 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about CCMP.
In the previous month the buy percentage consensus was at a similar level.
CCMP was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-04-07CL KingDowngrade Buy -> Neutral
2022-02-04MizuhoDowngrade Buy -> Neutral
2021-12-17CitigroupUpgrade Sell -> Neutral
2021-12-16Seaport GlobalDowngrade Buy -> Neutral
2021-11-15Goldman SachsUpgrade Neutral -> Buy
2021-11-12MizuhoMaintains Buy
2021-10-13MizuhoInitiate Buy
2021-06-09BerenbergUpgrade Hold -> Buy
2021-06-08Seaport GlobalUpgrade Neutral -> Buy
2021-05-07Goldman SachsMaintains Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 3, 2022
Period
Q3 / 2022
EPS Estimate
$1.85
Revenue Estimate
332.582M
Revenue Q2Q
7.45%
EPS Q2Q
-0.34%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

CCMP is expected to report earnings on 8/3/2022. The consensus EPS estimate for the next earnings is 1.85 null and the consensus revenue estimate is 332.58M null.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
CCMP revenue by date.CCMP revenue by date.
1.038B
75.85%		1.116B
7.57%		1.2B
7.48%		1.317B
9.80%		1.351B
2.53%		1.345B
-0.45%		1.332B
-0.94%		1.346B
1.04%
EBITDA
YoY % growth
CCMP ebitda by date.CCMP ebitda by date.
276.5M
48.66%		346.9M
25.46%		347.26M
0.10%		378.51M
9.00%		396.259M
4.69%		384.628M
-2.94%		380.393M
-1.10%		383.728M
0.88%
EBIT
YoY % growth
CCMP ebit by date.CCMP ebit by date.
177.9M
11.12%		219.2M
23.22%		215.09M
-1.88%		328.415M
52.69%		338.376M
3.03%		323.656M
-4.35%		315.221M
-2.61%		313.145M
-0.66%
Operating Margin
CCMP operating margin by date.CCMP operating margin by date.
17.14%19.64%17.93%24.93%25.05%24.07%23.67%23.27%
EPS
YoY % growth
CCMP eps by date.CCMP eps by date.
6.72
28.49%		7.43
10.57%		7.11
-4.31%		7.78
9.38%		7.98
2.61%		7.72
-3.24%		7.55
-2.27%		7.52
-0.32%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23
EPS
Q2Q % growth		1.85
-0.34%		1.99
22.62%		1.94
-5.60%		2.25
16.20%		2.32
24.91%
Revenue
Q2Q % growth		332.582M
7.45%		338.49M
8.52%		327.833M
3.40%		342.618M
5.70%		347.208M
4.40%
EBITDA
Q2Q % growth		91.392M
-41.94%		N/AN/A105.162M
-21.66%		107.202M
17.30%
EBIT
Q2Q % growth		80.386M
35.56%		83.743M
71.08%		79.62M
42.13%		N/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CCMP Yearly Revenue VS EstimatesCCMP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
CCMP Yearly EPS VS EstimatesCCMP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
2.79%
EPS Next 5 Year
1.13%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.21%
Revenue Next 5 Year
1.93%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CMC Materials Inc / CCMP Forecast FAQ

What is the average price target for CMC Materials Inc (CCMP) stock?

14 analysts have analysed CCMP and the average price target is 192.63 null. This implies a price increase of 10.91% is expected in the next year compared to the current price of 173.69.

Can you provide the upcoming earnings date for CMC Materials Inc?

CMC Materials Inc (CCMP) will report earnings on 2022-08-03, after the market close.

Can you provide the consensus estimates for CMC Materials Inc next earnings?

The consensus EPS estimate for the next earnings of CMC Materials Inc (CCMP) is 1.85 null and the consensus revenue estimate is 332.58M null.

Can you provide the analyst count for CMC Materials Inc stock?

The number of analysts covering CMC Materials Inc (CCMP) is 14.