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NYSE:CBT

Cabot (CBT) Stock Price, News & Analysis

Cabot logo
$107.20 -0.59 (-0.55%)
(As of 11/20/2024 ET)

About Cabot Stock (NYSE:CBT)

Key Stats

Today's Range
$105.98
$107.84
50-Day Range
$102.61
$117.02
52-Week Range
$70.63
$117.46
Volume
684,336 shs
Average Volume
344,383 shs
Market Capitalization
$5.88 billion
P/E Ratio
15.90
Dividend Yield
1.60%
Price Target
$105.00
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
82nd Percentile Overall Score

CBT MarketRank™: 

Cabot scored higher than 82% of companies evaluated by MarketBeat, and ranked 55th out of 193 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 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.

  • 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 10.68% in the coming year, from $7.68 to $8.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cabot is 15.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cabot is 15.90, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 117.15.

  • 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 3.70. 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

    4.76% 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 7.1.
  • Change versus previous month

    Short interest in Cabot has recently increased by 9.36%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cabot pays a meaningful dividend of 1.58%, 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 25.52%. 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 20.24% 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

    4.76% 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 7.1.
  • Change versus previous month

    Short interest in Cabot has recently increased by 9.36%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Cabot has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Cabot this week, compared to 6 articles on an average week.
  • Search Interest

    1 people have searched for CBT on MarketBeat in the last 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 $10,188,968.00 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

Cabot Co. (NYSE:CBT) CAO Lisa M. Dumont Sells 865 Shares
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
JPMorgan Chase & Co. Downgrades Cabot (NYSE:CBT) to Underweight
Cabot: Less Than 5% Annualized Upside
Cabot downgraded to Underweight from Neutral at JPMorgan
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 stock has increased by 28.4% and is now trading at $107.1950.
View the best growth stocks for 2024 here
.

Cabot Co. (NYSE:CBT) posted its quarterly earnings data on Monday, November, 4th. The specialty chemicals company reported $1.80 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.81 by $0.01. The company's revenue for the quarter was up 3.7% on a year-over-year basis.

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

Cabot's top institutional investors include Wellington Management Group LLP (8.19%), FMR LLC (4.13%), State Street Corp (3.82%) and Geode Capital Management LLC (2.34%). Insiders that own company stock include Sean D Keohane, Jeff Ji Zhu, Erica Mclaughlin, Hobart Kalkstein, Karen A Kalita and Lisa M Dumont.
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

Ex-Dividend for 9/13 Dividend
8/30/2024
Dividend Payable
9/13/2024
Last Earnings
11/04/2024
Today
11/20/2024
Ex-Dividend for 12/13 Dividend
11/29/2024
Dividend Payable
12/13/2024
Next Earnings (Estimated)
2/03/2025
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
$105.00
High Stock Price Target
$122.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-2.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$380 million
Pretax Margin
13.24%

Debt

Sales & Book Value

Annual Sales
$3.99 billion
Cash Flow
$9.88 per share
Book Value
$29.00 per share

Miscellaneous

Free Float
53,141,000
Market Cap
$5.88 billion
Optionable
Optionable
Beta
1.20

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This page (NYSE:CBT) was last updated on 11/21/2024 by MarketBeat.com Staff
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