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S&P 500   4,274.04
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Agilent Technologies Proves Its Worth VS Illumina 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
NYSE:CBT

Cabot - CBT Stock Forecast, Price & News

$76.72
-1.45 (-1.85%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$75.71
$77.80
50-Day Range
$60.56
$78.17
52-Week Range
$47.59
$78.62
Volume
259,873 shs
Average Volume
431,523 shs
Market Capitalization
$4.32 billion
P/E Ratio
31.19
Dividend Yield
1.89%
Price Target
$78.40

Cabot MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
2.2% Upside
$78.40 Price Target
Short Interest
Healthy
2.84% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.25
Upright™ Environmental Score
News Sentiment
0.28mentions of Cabot in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.69 M Sold Last Quarter
Proj. Earnings Growth
20.49%
From $6.15 to $7.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Basic Materials Sector

109th out of 171 stocks

Miscellaneous Chemical Products Industry

4th out of 7 stocks

CBT stock logo

About Cabot (NYSE:CBT) Stock

Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons 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. It also provides specialty carbons used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, infrastructure, agriculture, consumer products, and electronics industries; inkjet colorants used in the inkjet printing applications; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; fumed alumina used in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries; and aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications. In addition, the company offers activated carbon products used for the purification of water, air, food and beverages, pharmaceuticals, and other liquids and gases; and activated carbon solutions for activated carbon injection in coal-fired utilities, mobile water filter units, and carbon reactivation services. 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.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Cabot from $65.00 to $74.00 in a research report on Tuesday, May 17th. TheStreet raised shares of Cabot from a "c+" rating to a "b" rating in a research report on Monday, May 2nd. Finally, StockNews.com raised shares of Cabot from a "hold" rating to a "buy" rating in a research report on Tuesday, August 9th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $78.40.

Cabot Price Performance

Cabot stock traded down $1.45 during trading hours on Wednesday, hitting $76.72. 259,873 shares of the stock were exchanged, compared to its average volume of 431,523. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.10 and a current ratio of 1.70. The stock has a market capitalization of $4.32 billion, a P/E ratio of 31.19 and a beta of 1.41. Cabot has a 12 month low of $47.59 and a 12 month high of $78.62. The business's 50-day moving average is $68.36 and its two-hundred day moving average is $69.16.

Cabot (NYSE:CBT - Get Rating) last issued its quarterly earnings data on Monday, August 8th. The specialty chemicals company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.20. The firm had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.05 billion. Cabot had a net margin of 3.50% and a return on equity of 32.30%. The company's quarterly revenue was up 25.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.35 earnings per share. Equities research analysts expect that Cabot will post 6.15 EPS for the current fiscal year.

Cabot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Friday, August 26th will be paid a dividend of $0.37 per share. The ex-dividend date is Thursday, August 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.93%. Cabot's dividend payout ratio (DPR) is currently 60.16%.

Insider Activity

In other news, CEO Sean D. Keohane sold 14,297 shares of the stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $69.15, for a total transaction of $988,637.55. Following the sale, the chief executive officer now directly owns 265,718 shares of the company's stock, valued at $18,374,399.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Cabot news, SVP Hobart Kalkstein sold 17,235 shares of the firm's stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $77.86, for a total value of $1,341,917.10. Following the transaction, the senior vice president now directly owns 52,785 shares of the company's stock, valued at $4,109,840.10. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sean D. Keohane sold 14,297 shares of the firm's stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $69.15, for a total transaction of $988,637.55. Following the completion of the transaction, the chief executive officer now directly owns 265,718 shares in the company, valued at $18,374,399.70. The disclosure for this sale can be found here. Insiders have sold 36,107 shares of company stock valued at $2,687,999 over the last three months. 2.20% of the stock is owned by insiders.

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CBT Stock News Headlines

Cabot (NYSE:CBT) Rating Increased to Buy at StockNews.com
Cabot (CBT) Q3 2022 Earnings Call Transcript
Recap: Cabot Q3 Earnings - Benzinga
Recap: Cabot Q3 Earnings
Cabot (CBT) Scheduled to Post Earnings on Monday
See More Headlines
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CBT Company Calendar

Ex-Dividend for 6/10 Dividend
5/26/2022
Dividend Payable
6/10/2022
Last Earnings
8/08/2022
Today
8/17/2022
Ex-Dividend for 9/9 Dividend
8/25/2022
Dividend Payable
9/09/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/14/2022

Industry, Sector and Symbol

Industry
Miscellaneous chemical products
Sub-Industry
Commodity Chemicals
CUSIP
12705510
Employees
4,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$78.40
High Stock Price Forecast
$86.00
Low Stock Price Forecast
$72.00
Forecasted Upside/Downside
+2.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$250 million
Pretax Margin
6.61%

Debt

Sales & Book Value

Annual Sales
$3.41 billion
Cash Flow
$7.89 per share
Book Value
$18.53 per share

Miscellaneous

Free Float
55,060,000
Market Cap
$4.32 billion
Optionable
Optionable
Beta
1.41














CBT Stock - Frequently Asked Questions

Should I buy or sell Cabot stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CBT shares.
View CBT analyst ratings
or view top-rated stocks.

What is Cabot's stock price forecast for 2022?

5 Wall Street analysts have issued 12-month price objectives for Cabot's stock. Their CBT share price forecasts range from $72.00 to $86.00. On average, they predict the company's share price to reach $78.40 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for CBT
or view top-rated stocks among Wall Street analysts.

How have CBT shares performed in 2022?

Cabot's stock was trading at $56.20 at the start of the year. Since then, CBT shares have increased by 36.5% and is now trading at $76.72.
View the best growth stocks for 2022 here
.

Are investors shorting Cabot?

Cabot saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,620,000 shares, a drop of 19.0% from the June 30th total of 2,000,000 shares. Based on an average daily volume of 420,100 shares, the days-to-cover ratio is currently 3.9 days.
View Cabot's Short Interest
.

When is Cabot's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our CBT earnings forecast
.

How were Cabot's earnings last quarter?

Cabot Co. (NYSE:CBT) released its quarterly earnings data on Monday, August, 8th. The specialty chemicals company reported $1.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.53 by $0.20. The specialty chemicals company earned $1.15 billion during the quarter, compared to the consensus estimate of $1.05 billion. Cabot had a trailing twelve-month return on equity of 32.30% and a net margin of 3.50%. The firm's revenue was up 25.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.35 EPS.

How often does Cabot pay dividends? What is the dividend yield for Cabot?

Cabot announced a quarterly dividend on Friday, July 8th. Investors of record on Friday, August 26th will be given a dividend of $0.37 per share on Friday, September 9th. This represents a $1.48 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Thursday, August 25th.
Read our dividend analysis for CBT
.

Is Cabot a good dividend stock?

Cabot (NYSE:CBT) pays an annual dividend of $1.48 per share and currently has a dividend yield of 1.89%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 60.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBT will have a dividend payout ratio of 19.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBT.

What guidance has Cabot issued on next quarter's earnings?

Cabot updated its FY 2022 earnings guidance on Monday, August, 15th. The company provided EPS guidance of $6.10-$6.20 for the period, compared to the consensus earnings per share estimate of $6.14. The company issued revenue guidance of -.

What is Sean Keohane's approval rating as Cabot's CEO?

40 employees have rated Cabot Chief Executive Officer Sean Keohane on Glassdoor.com. Sean Keohane has an approval rating of 96% among the company's employees. This puts Sean Keohane in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Cabot own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cabot investors own include Pfizer (PFE), Broadcom (AVGO), Energy Transfer (ET), AT&T (T), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Coca-Cola (KO).

What is Cabot's stock symbol?

Cabot trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBT."

Who are Cabot's major shareholders?

Cabot's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (4.94%), State Street Corp (3.19%), Victory Capital Management Inc. (1.33%), Northern Trust Corp (1.33%), Sei Investments Co. (0.79%) and Cambridge Trust Co. (0.77%). Insiders that own company stock include Hobart Kalkstein, Karen A Kalita, Karen A Kalita, Sean D Keohane and Sean D Keohane.
View institutional ownership trends
.

How do I buy shares of Cabot?

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

What is Cabot's stock price today?

One share of CBT stock can currently be purchased for approximately $76.72.

How much money does Cabot make?

Cabot (NYSE:CBT) has a market capitalization of $4.32 billion and generates $3.41 billion in revenue each year. The specialty chemicals company earns $250 million in net income (profit) each year or $2.46 on an earnings per share basis.

How many employees does Cabot have?

The company employs 4,500 workers across the globe.

How can I contact Cabot?

Cabot's mailing address is TWO SEAPORT LANE SUITE 1300, BOSTON MA, 02210. The official website for the company is www.cabot-corp.com. The specialty chemicals company can be reached via phone at (617) 345-0100, via email at steve.delahunt@cabotcorp.com, or via fax at 617-342-6103.

This page (NYSE:CBT) was last updated on 8/18/2022 by MarketBeat.com Staff

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