Cabot (NYSE:CBT) Issues FY 2025 Earnings Guidance

Cabot (NYSE:CBT - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 7.150-7.500 for the period, compared to the consensus estimate of 7.520. The company issued revenue guidance of -.

Cabot Trading Down 0.5 %

NYSE CBT traded down $0.38 on Friday, reaching $73.93. The company had a trading volume of 381,847 shares, compared to its average volume of 402,680. Cabot has a 52 week low of $71.64 and a 52 week high of $117.46. The stock's 50 day moving average is $80.15 and its 200-day moving average is $91.15. The company has a quick ratio of 1.29, a current ratio of 2.00 and a debt-to-equity ratio of 0.72. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 0.74 and a beta of 0.91.

Cabot (NYSE:CBT - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The specialty chemicals company reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.04. Cabot had a return on equity of 26.79% and a net margin of 10.60%. The company had revenue of $936.00 million during the quarter, compared to analysts' expectations of $1.02 billion. During the same period in the prior year, the business posted $1.78 EPS. Cabot's revenue was down 8.1% on a year-over-year basis. Equities analysts predict that Cabot will post 7.57 earnings per share for the current year.

Cabot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.43%. This is a boost from Cabot's previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Friday, May 30th. Cabot's dividend payout ratio (DPR) is currently 23.29%.

Wall Street Analyst Weigh In

A number of analysts recently commented on CBT shares. UBS Group lowered their price objective on shares of Cabot from $93.00 to $83.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. JPMorgan Chase & Co. lowered their price target on Cabot from $105.00 to $85.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Finally, StockNews.com cut Cabot from a "buy" rating to a "hold" rating in a report on Wednesday.

Cabot Company Profile

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.