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NYSE:CBT

Cabot (CBT) Stock Price, News & Analysis

Cabot logo
$110.11
+1.24 (+1.14%)
(As of 11:09 AM ET)

About Cabot Stock (NYSE:CBT)

Key Stats

Today's Range
$108.68
$111.01
50-Day Range
$99.38
$116.05
52-Week Range
$65.38
$117.14
Volume
50,633 shs
Average Volume
330,795 shs
Market Capitalization
$6.04 billion
P/E Ratio
13.09
Dividend Yield
1.56%
Price Target
$101.75
Consensus Rating
Hold

Company Overview

Cabot Corporation operates as a specialty chemicals and performance materials company. The company operates through two segments, Reinforcement Materials and Performance Chemicals. It offers reinforcing carbons that are used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and engineered elastomer composites solutions. The company also provides specialty carbons for use in inks, coatings, plastics, adhesives, toners, batteries, and displays; conductive additives and fumed alumina used in lead acid and lithium-ion batteries for electric vehicles; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; and fumed alumina for use in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries. In addition, it offers aerogel, a hydrophobic, silica-based particle to use in various thermal insulation and specialty chemical applications; masterbatch and conductive compound products that are used in automotive, industrial, packaging, infrastructure, agriculture, consumer products, and electronics industries; and inkjet colorants for inkjet printing applications. The company sells its products through distributors and sales representatives in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation was founded in 1882 and is headquartered in Boston, Massachusetts.

Cabot Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
88th Percentile Overall Score

CBT MarketRank™: 

Cabot scored higher than 88% of companies evaluated by MarketBeat, and ranked 37th out of 191 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cabot has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cabot has only been the subject of 2 research reports in the past 90 days.

  • Read more about Cabot's stock forecast and price target.
  • Earnings Growth

    Earnings for Cabot are expected to grow by 10.61% in the coming year, from $7.07 to $7.82 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cabot is 12.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.85.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cabot is 12.95, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 128.22.

  • Price to Earnings Growth Ratio

    Cabot has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Cabot has a P/B Ratio of 4.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Cabot's valuation and earnings.
  • Percentage of Shares Shorted

    4.35% of the float of Cabot has been sold short.
  • Short Interest Ratio / Days to Cover

    Cabot has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in Cabot has recently decreased by 1.26%, indicating that investor sentiment is improving.
  • Dividend Yield

    Cabot pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Cabot has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Cabot is 20.45%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Cabot will have a dividend payout ratio of 21.99% next year. This indicates that Cabot will be able to sustain or increase its dividend.

  • Read more about Cabot's dividend.
  • Percentage of Shares Shorted

    4.35% of the float of Cabot has been sold short.
  • Short Interest Ratio / Days to Cover

    Cabot has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in Cabot has recently decreased by 1.26%, indicating that investor sentiment is improving.
  • News Sentiment

    Cabot has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Cabot this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    4 people have added Cabot to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cabot insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,308,812.00 in company stock.

  • Percentage Held by Insiders

    Only 3.07% of the stock of Cabot is held by insiders.

  • Percentage Held by Institutions

    93.18% of the stock of Cabot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cabot's insider trading history.
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CBT Stock News Headlines

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Turn on any financial news outlet at any given moment and within minutes you're guaranteed to see headlines about artificial intelligence. Everyone's talking about AI right now. But see, I've been talking about it for years.
Cabot Corporation to Host 2024 Investor Day
See More Headlines

CBT Stock Analysis - Frequently Asked Questions

Cabot's stock was trading at $83.50 at the beginning of 2024. Since then, CBT shares have increased by 30.4% and is now trading at $108.87.
View the best growth stocks for 2024 here
.

Cabot Co. (NYSE:CBT) posted its quarterly earnings results on Monday, August, 5th. The specialty chemicals company reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.72 by $0.20. The firm's quarterly revenue was up 5.0% compared to the same quarter last year.

Cabot subsidiaries include these companies: Shenzhen Sanshun Nano New Materials Co. Ltd, Tech Blend, Norit N.V., Oxonica, AP Materials, Superior MicroPowders, 8755329 Canada Inc., and more.

Top institutional shareholders of Cabot include Copeland Capital Management LLC (1.13%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.52%), Eastern Bank (0.49%) and New York State Common Retirement Fund (0.47%). Insiders that own company stock include Sean D Keohane, Jeff Ji Zhu, Hobart Kalkstein, Erica Mclaughlin and Karen A Kalita.
View institutional ownership trends
.

Shares of CBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cabot investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/05/2024
Ex-Dividend for 9/13 Dividend
8/30/2024
Dividend Payable
9/13/2024
Today
10/30/2024
Next Earnings (Confirmed)
11/04/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Miscellaneous chemical products
Sub-Industry
Commodity Chemicals
CUSIP
12705510
Employees
4,300
Year Founded
1882

Price Target and Rating

Average Stock Price Target
$101.75
High Stock Price Target
$109.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$445 million
Pretax Margin
13.16%

Debt

Sales & Book Value

Annual Sales
$3.96 billion
Cash Flow
$8.01 per share
Book Value
$25.15 per share

Miscellaneous

Free Float
53,141,000
Market Cap
$5.97 billion
Optionable
Optionable
Beta
1.19

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This page (NYSE:CBT) was last updated on 10/30/2024 by MarketBeat.com Staff
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