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NYSE:CBT

Cabot (CBT) Stock Price, News & Analysis

$101.25
-0.43 (-0.42%)
(As of 05/22/2024 ET)
Today's Range
$100.34
$101.71
50-Day Range
$86.72
$102.78
52-Week Range
$63.73
$103.49
Volume
357,941 shs
Average Volume
302,079 shs
Market Capitalization
$5.60 billion
P/E Ratio
12.82
Dividend Yield
1.58%
Price Target
$93.67

Cabot MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
7.5% Downside
$93.67 Price Target
Short Interest
Bearish
3.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.25
Upright™ Environmental Score
News Sentiment
1.09mentions of Cabot in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.40 M Sold Last Quarter
Proj. Earnings Growth
11.06%
From $6.78 to $7.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Basic Materials Sector

51st out of 170 stocks

Miscellaneous Chemical Products Industry

2nd out of 6 stocks

CBT stock logo

About Cabot Stock (NYSE:CBT)

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.

CBT Stock Price History

CBT Stock News Headlines

J.P. Morgan Keeps Their Hold Rating on Cabot (CBT)
Cabot Corporation Board Increases Dividend
Cabot Q2 2024 Earnings Preview
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/22/2024
Dividend Payable
3/08/2024
Last Earnings
5/06/2024
Today
5/23/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
9/30/2024

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
$93.67
High Stock Price Target
$109.00
Low Stock Price Target
$70.00
Potential Upside/Downside
-7.5%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$445 million
Pretax Margin
12.61%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$8.04 per share
Book Value
$27.27 per share

Miscellaneous

Free Float
53,562,000
Market Cap
$5.60 billion
Optionable
Optionable
Beta
1.27

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Key Executives


CBT Stock Analysis - Frequently Asked Questions

Should I buy or sell Cabot stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CBT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBT, but not buy additional shares or sell existing shares.
View CBT analyst ratings
or view top-rated stocks.

What is Cabot's stock price target for 2024?

5 analysts have issued 12 month target prices for Cabot's stock. Their CBT share price targets range from $70.00 to $109.00. On average, they predict the company's stock price to reach $93.67 in the next twelve months. This suggests that the stock has a possible downside of 7.5%.
View analysts price targets for CBT
or view top-rated stocks among Wall Street analysts.

How have CBT shares performed in 2024?

Cabot's stock was trading at $83.50 at the beginning of the year. Since then, CBT stock has increased by 21.3% and is now trading at $101.25.
View the best growth stocks for 2024 here
.

Are investors shorting Cabot?

Cabot saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,700,000 shares, an increase of 6.9% from the March 31st total of 1,590,000 shares. Based on an average trading volume of 316,200 shares, the short-interest ratio is presently 5.4 days. Currently, 3.1% of the shares of the company are sold short.
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, August 5th 2024.
View our CBT earnings forecast
.

How were Cabot's earnings last quarter?

Cabot Co. (NYSE:CBT) announced its earnings results on Monday, May, 6th. The specialty chemicals company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.12. The specialty chemicals company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.04 billion. Cabot had a net margin of 11.51% and a trailing twelve-month return on equity of 26.21%. Cabot's quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 EPS.

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

Cabot declared a quarterly dividend on Monday, May 6th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.43 per share on Friday, June 14th. This represents a $1.72 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend is Friday, May 31st. This is a positive change from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for CBT
.

Is Cabot a good dividend stock?

Cabot (NYSE:CBT) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.56%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 20.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBT will have a dividend payout ratio of 21.25% 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 2024 earnings guidance on Monday, May, 6th. The company provided EPS guidance of 6.650-6.850 for the period, compared to the consensus earnings per share estimate of 6.650. 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).

Who are Cabot's major shareholders?

Cabot's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.35%), Earnest Partners LLC (5.94%), Sei Investments Co. (1.56%), Capital Research Global Investors (0.94%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.52%) and Principal Financial Group Inc. (0.41%). Insiders that own company stock include Hobart Kalkstein, Jeff Ji Zhu, Karen A Kalita 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Cabot have any subsidiaries?
The following companies are subsidiares of Cabot: 8755329 Canada Inc., AHB Investments Limited, AP Materials, Aizu Holdings G.K., Altamira Carbon S.A. de C.V., Anglo Dutch Water Carbons Limited, Applied NanoStructured Solutions LLC, BCB Company, Beyond Lotus LLC, Black Rose Investments Limited, Botsel Limited, CDE Company, CMHC Inc., CS Cabot spol s.r.o., Cabot (Bermuda) Ltd., Cabot (China) Limited, Cabot (Malaysia) Sdn. Bhd., Cabot Activated Carbon B.V., Cabot Activated Carbon Holdings UK Limited, Cabot Activated Carbon LLC, Cabot Activated Carbon UK Limited, Cabot Aerogel GmbH, Cabot Argentina S.A.I.C., Cabot Asia Investments Corporation, Cabot Asia Kumiai, Cabot Asia Sdn. Bhd., Cabot B.V., Cabot Bluestar Chemical (Jiangxi) Co. Ltd., Cabot Brasil Industria e Comércio Ltda., Cabot CSC LLC, Cabot Canada Ltd., Cabot Carbon Limited, Cabot Carbone S.A.S., Cabot Ceramics Inc., Cabot Chemical (Tianjin) Co. Ltd., Cabot Colombiana S.A., Cabot Corporation Foundation Inc., Cabot Czech Holding Company s.r.o., Cabot Europe Limited, Cabot Finance B.V., Cabot France S.A.S., Cabot G.B. Limited, Cabot Germany, Cabot HengYeCheng Performance Materials (Inner-Mongolia) Company Limited, Cabot Holdings I GmbH, Cabot Holdings II GmbH, Cabot Holdings LLC, Cabot India Limited, Cabot Insurance Co. Ltd. (Vermont), Cabot International Capital Corporation, Cabot International GmbH, Cabot International Limited, Cabot International Services Corporation, Cabot Italiana S.p.A., Cabot Japan K.K., Cabot Korea Y.H., Cabot Luxembourg Holdings S.a.r.l., Cabot Luxembourg Investments S.a.r.l., Cabot Luxembourg TC S.a.r.l., Cabot Materials Research Sdn Bhd., Cabot NHUMO Holding S.A.P.I. de C.V., Cabot NHUMO Holdings I S.a.r.l., Cabot Norit (UK) Limited, Cabot Norit Americas Inc., Cabot Norit Canada Inc., Cabot Norit Italia S.p.A., Cabot Norit Japan Co. Ltd., Cabot Norit Nederland B.V., Cabot Norit Singapore Pte. Ltd., Cabot Norit Technology B.V., Cabot Performance Materials (Shenzhen) Co. Ltd., Cabot Performance Materials (Xuzhou) Co. Ltd. (fka NSCC Carbon (Jiangsu) Co. Ltd.), Cabot Performance Materials (Zhuhai) Co. Ltd., Cabot Performance Materials Belgium S.P.R.L., Cabot Performance Materials Italy S.r.l, Cabot Performance Materials Netherlands B.V., Cabot Performance Materials UK Limited, Cabot Performance Products (Tianjin) Co. Ltd., Cabot Performance Products FZE, Cabot Plastics Belgium S.A., Cabot Plastics Canada LP, Cabot Plastics Hong Kong Limited, Cabot Plastics Limited, Cabot Risun Chemical (Xingtai) Co. Ltd., Cabot S.A., Cabot Singapore Pte. Ltd., Cabot Specialty Chemicals Inc., Cabot Specialty Chemicals Mexico S.A.P.I. de C.V., Cabot Specialty Fluids North Sea Limited, Cabot Supermetals K.K., Cabot Switzerland GmbH, Cabot Trading (Shanghai) Company Ltd., Cabot Turkey Performans Malzemeleri Anonim Şirketi, Cabot U.K. Limited, Cabot UK Holdings II Limited, Cabot UK Holdings III Limited, Cabot UK Holdings Limited, Dragón Verde Investments Limited, Eco-Cabot Activated Carbon Ptd. Ltd., Energy Transport Limited LLC, HDF Investments Limited, Kawecki Chemicals Inc., Mexico Reinforcement Materials S.A.P.I. de C.V., N.V. Norit Belgium, Norit (UK) Holding Limited, Norit Americas Holding Inc., Norit China Limited, Norit EAPA Holding B.V., Norit Holding B.V., Norit International B.V., Norit N.V., Norit Real Estate B.V., Northeast Boulevard LLC, Oxonica, P.T. Cabot Indonesia, PT Cabot Asia Pacific South, Purton Carbons Limited, Ramaai Holdings Limited, Representaciones 1 2 y 3 C.A., SIA Cabot Latvia, Shanghai Cabot Chemical Company Ltd., Shenzhen Sanshun Nano New Materials Co. Ltd, Superior MicroPowders, Tech Blend, Tech Blend Corp., and Valores Ramaai C.A..
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This page (NYSE:CBT) was last updated on 5/23/2024 by MarketBeat.com Staff

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