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NYSE:CBT - Cabot Stock Price, Forecast & News

$47.46
-0.86 (-1.78 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$47.37
Now: $47.46
$48.75
50-Day Range
$43.38
MA: $47.39
$50.40
52-Week Range
$37.11
Now: $47.46
$50.58
Volume263,281 shs
Average Volume245,133 shs
Market Capitalization$2.70 billion
P/E Ratio12.14
Dividend Yield2.95%
Beta1.56
Cabot Corporation operates as a specialty chemicals and performance materials company. The company offers rubber grade carbon blacks 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 compounds of carbon black and rubber. It also provides specialty grades of carbon black used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, 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. Read More…

Industry, Sector and Symbol

Industry Miscellaneous chemical products
Sub-IndustryCommodity Chemicals
SectorBasic Materials
CUSIP12705510
Phone617-345-0100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.34 billion
Cash Flow$6.57 per share
Book Value$19.63 per share

Profitability

Net Income$157 million

Miscellaneous

Employees4,500
Market Cap$2.70 billion
Next Earnings Date2/3/2020 (Estimated)
OptionableOptionable

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Cabot (NYSE:CBT) Frequently Asked Questions

What is Cabot's stock symbol?

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

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

Cabot announced a quarterly dividend on Friday, November 8th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.35 per share on Friday, December 13th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Wednesday, November 27th. View Cabot's Dividend History.

How will Cabot's stock buyback program work?

Cabot declared that its Board of Directors has approved a stock buyback program on Monday, July 16th 2018, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 10.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.

How were Cabot's earnings last quarter?

Cabot Corp (NYSE:CBT) announced its quarterly earnings data on Monday, November, 4th. The specialty chemicals company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.11 by $0.06. The specialty chemicals company earned $827 million during the quarter, compared to the consensus estimate of $849.44 million. Cabot had a return on equity of 19.06% and a net margin of 4.70%. The firm's revenue was down 2.7% on a year-over-year basis. During the same period last year, the business posted $1.00 earnings per share. View Cabot's Earnings History.

When is Cabot's next earnings date?

Cabot is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Cabot.

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

Cabot issued an update on its FY20 earnings guidance on Monday, November, 4th. The company provided EPS guidance of $3.60-4.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.30.

What price target have analysts set for CBT?

5 brokers have issued twelve-month price objectives for Cabot's stock. Their forecasts range from $41.00 to $45.00. On average, they anticipate Cabot's share price to reach $44.20 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View Analyst Price Targets for Cabot.

What is the consensus analysts' recommendation for Cabot?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cabot.

Has Cabot been receiving favorable news coverage?

Headlines about CBT stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cabot earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Cabot.

Are investors shorting Cabot?

Cabot saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 911,100 shares, an increase of 5.2% from the November 14th total of 866,400 shares. Based on an average daily volume of 282,800 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.6% of the shares of the stock are sold short. View Cabot's Current Options Chain.

Who are some of Cabot's key competitors?

What other stocks do shareholders of Cabot own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cabot investors own include Broadcom (AVGO), Energy Transfer LP Unit (ET), JPMorgan Chase & Co. (JPM), AT&T (T), Wells Fargo & Co (WFC), Oracle (ORCL), Adobe (ADBE), Cisco Systems (CSCO), Gilead Sciences (GILD) and Altria Group (MO).

Who are Cabot's key executives?

Cabot's management team includes the folowing people:
  • Mr. Sean D. Keohane, Pres, CEO & Director (Age 52)
  • Ms. Erica McLaughlin, Sr. VP & CFO (Age 43)
  • Mr. Brian A. Berube, Sr. VP & Gen. Counsel (Age 57)
  • Mr. Hobart C. Kalkstein, Sr. VP, Pres of Reinforcement Materials Segment & Pres of Americas Region (Age 49)
  • Mr. Patrick M. Prevost, Advisor & Director (Age 64)

Who are Cabot's major shareholders?

Cabot's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (2.61%), Parametric Portfolio Associates LLC (0.68%), Strs Ohio (0.55%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.55%), Foundry Partners LLC (0.45%) and Russell Investments Group Ltd. (0.34%). Company insiders that own Cabot stock include Brian A Berube, Gottberg Friedrich Von, Hobart Kalkstein, James Patrick Kelly, Michael M Morrow, Nicholas S Cross, Patrick M Prevost and Sean D Keohane. View Institutional Ownership Trends for Cabot.

Which major investors are selling Cabot stock?

CBT stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Eastern Bank, Foster & Motley Inc., Keybank National Association OH, Hillcrest Asset Management LLC, Tower Research Capital LLC TRC, Rhumbline Advisers and Pacer Advisors Inc.. View Insider Buying and Selling for Cabot.

Which major investors are buying Cabot stock?

CBT stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Man Group plc, First Trust Advisors LP, Cambiar Investors LLC, Mackay Shields LLC, State of New Jersey Common Pension Fund D, Millennium Management LLC and Foundry Partners LLC. View Insider Buying and Selling for Cabot.

How do I buy shares of Cabot?

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

What is Cabot's stock price today?

One share of CBT stock can currently be purchased for approximately $47.46.

How big of a company is Cabot?

Cabot has a market capitalization of $2.70 billion and generates $3.34 billion in revenue each year. The specialty chemicals company earns $157 million in net income (profit) each year or $3.91 on an earnings per share basis. Cabot employs 4,500 workers across the globe.View Additional Information About Cabot.

What is Cabot's official website?

The official website for Cabot is http://www.cabot-corp.com/.

How can I contact Cabot?

Cabot's mailing address is TWO SEAPORT LANE SUITE 1300, BOSTON MA, 02210. The specialty chemicals company can be reached via phone at 617-345-0100 or via email at [email protected]


MarketBeat Community Rating for Cabot (NYSE CBT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  332 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  732
MarketBeat's community ratings are surveys of what our community members think about Cabot and other stocks. Vote "Outperform" if you believe CBT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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