Latest news with #advancedmaterials
Globe and Mail
3 days ago
- Business
- Globe and Mail
Materion to Participate in the Seaport Research Partners Annual Summer Conference
Materion Corporation (NYSE: MTRN) will participate in the Seaport Research Partners Annual Summer Conference on August 20, 2025. Jugal Vijayvargiya, President and Chief Executive Officer and Shelly Chadwick, Vice President, Finance and Chief Financial Officer, will be available for one-on-one meetings with investors throughout the day. About Materion Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,000 people worldwide, serving customers in more than 60 countries.
Yahoo
6 days ago
- Business
- Yahoo
Albemarle Stock: Analyst Estimates & Ratings
With a market cap of $9.5 billion, Albemarle Corporation (ALB) is a global leader in specialty chemicals with strong positions in high-growth markets such as energy storage, mobility, and advanced materials. Operating through its Energy Storage, Specialties, and Ketjen segments, the company serves diverse industries including automotive, electronics, pharmaceuticals, and clean energy. Shares of the Charlotte, North Carolina-based company have underperformed the broader market over the past 52 weeks. ALB stock has risen 2.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 19.7%. Moreover, Albemarle stock has dipped 9.7% on a YTD basis, compared to SPX's 8.8% return. More News from Barchart This High-Yield (7%) Dividend Stock Is Down Significantly in 2025. Should You Buy the Dip? Dear CoreWeave Stock Fans, Mark Your Calendars for August 14 Tesla Is Axing Its Dojo Supercomputer Plans. What Does That Mean for TSLA Stock Here? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Looking closer, the specialty chemicals company stock has slightly outpaced the Materials Select Sector SPDR Fund's (XLB) marginal increase over the past 52 weeks. Despite Albemarle's better-than-expected Q2 2025 adjusted EPS of $0.11 and revenue of $1.3 billion on Jul. 30, shares fell 1.5% the next day due to lingering concerns over the lithium market. Lithium prices have plunged more than 90% in the past two years, pressuring margins and driving Albemarle to cut jobs, cancel projects, including a key U.S. refinery and lower its annual capital expenditure guidance to $650 million - $750 million. For the fiscal year ending in December 2025, analysts expect ALB's loss per share to improve 11.5% year-over-year to $2.07. The company's earnings surprise history is mixed. It beat the consensus estimates in two of the last four quarters while missing on two other occasions. Among the 24 analysts covering the stock, the consensus rating is a 'Hold.' That's based on six 'Strong Buy' ratings, two 'Moderate Buys,' 13 'Holds,' and three 'Strong Sells.' This configuration is slightly less bullish than three months ago, with seven 'Strong Buy' ratings on the stock. On Aug. 1, Scotiabank raised Albemarle's price target to $70 with a 'Sector Perform" rating. As of writing, the stock is trading below the mean price target of $79.39. The Street-high price target of $125 implies a potential upside of 58.8% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
11-08-2025
- Business
- Associated Press
Sugirtha Krishnamurthy to Present on Sustainable Electronics at 2025 Advanced Material World Congress
Sugirtha Krishnamurthy to Present on Sustainable Electronics at 2025 Advanced Material World Congress AUSTIN , TX, UNITED STATES, August 11, 2025 / / -- Sugirtha Krishnamurthy, a semiconductor manufacturing professional with experience at Apple, Micron, and Global Foundries, will present on sustainable technology practices at the 2025 Advanced Material World Congress. Krishnamurthy's career spans more than a decade in consumer electronics and semiconductor manufacturing. At Apple, she has managed the qualification of recyclable materials for multiple product lines and contributed to the design of components for iPhones and iPads. She has also worked on projects supporting carbon neutrality goals through the use of recycled content materials. Earlier in her career at Global Foundries, Krishnamurthy developed cobalt-based processes for 7nm FinFET semiconductor technology, replacing tungsten to improve chip performance. This work resulted in two U.S. patents and several industry publications. She has also researched supercritical fluid extrusion for manufacturing efficiency, with results published in the Journal of Food Process Engineering. At Micron, she played a role in transferring DRAM wet etch processes to the United States to strengthen domestic semiconductor supply chains. Her earlier work at Dr. Reddy's Laboratories involved developing a patented sonocrystallization process to enhance pharmaceutical bioavailability. Beyond her technical contributions, Krishnamurthy is a Senior Member of IEEE, a Fellow Member of NIPES and IAEME, and serves as a peer reviewer for academic journals. She has judged technical competitions at IEEE conferences and presented at international events focused on materials science and engineering. Her work covers areas such as PFAS-free materials, recycled-content innovations, and sustainable semiconductor processes. She holds patents in the United States, Germany, Taiwan, and China. At the upcoming Advanced Material World Congress, Krishnamurthy is expected to address the integration of sustainability into advanced electronics and semiconductor production. Steve Murphy Epicor Software +1 415-407-4115 email us here Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
06-08-2025
- Business
- Yahoo
Activist investor Starboard builds over 9% stake in Rogers
(Reuters) -Activist investor Starboard Value said on Wednesday it has built a 9.3% stake in Rogers Corp as it seeks to push for changes at the advanced materials maker. Shares of Rogers were up 10% in extended trade. However, the stock has fallen more than 30% so far this year. Rogers, which makes advanced materials used in electric and hybrid cars, automotive safety, radar systems and other industrial applications, has a market value of about $1.28 billion, according to data compiled by LSEG. Reuters reported in 2023 that the activist investor was building a sizable stake in Rogers and was seeking seats on the company's board in its push for changes. The investor said it believes shares of Rogers, at the time of purchase, were undervalued and represented an attractive investment opportunity. Starboard had previously entered into an agreement with Rogers regarding the composition of its board and other matters, it said in a regulatory filing. Following the agreement, Starboard has engaged in discussions with Rogers' management and board regarding opportunities for value creation. The Wall Street Journal reported that Starboard had built a stake of over 9% in Rogers earlier on Wednesday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
06-08-2025
- Business
- Reuters
Activist investor Starboard builds over 9% stake in Rogers
Aug 6 (Reuters) - Activist investor Starboard Value said on Wednesday it has built a 9.3% stake in Rogers Corp (ROG.N), opens new tab as it seeks to push for changes at the advanced materials maker. Shares of Rogers were up 10% in extended trade. However, the stock has fallen more than 30% so far this year. Rogers, which makes advanced materials used in electric and hybrid cars, automotive safety, radar systems and other industrial applications, has a market value of about $1.28 billion, according to data compiled by LSEG. Reuters reported in 2023 that the activist investor was building a sizable stake in Rogers and was seeking seats on the company's board in its push for changes. The investor said it believes shares of Rogers, at the time of purchase, were undervalued and represented an attractive investment opportunity. Starboard had previously entered into an agreement with Rogers regarding the composition of its board and other matters, it said in a regulatory filing. Following the agreement, Starboard has engaged in discussions with Rogers' management and board regarding opportunities for value creation. The Wall Street Journal reported that Starboard had built a stake of over 9% in Rogers earlier on Wednesday.
