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NYSE:CBTCabot Stock Price, Forecast & News

$40.60
-0.52 (-1.26 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$40.42
Now: $40.60
$40.99
50-Day Range
$35.26
MA: $37.66
$41.12
52-Week Range
$20.00
Now: $40.60
$50.58
Volume234,342 shs
Average Volume379,028 shs
Market Capitalization$2.29 billion
P/E Ratio36.25
Dividend Yield3.40%
Beta1.71
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. 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. Further, it provides cesium formate brines used as a drilling and completion fluid primarily in high pressure and high temperature oil and gas well construction; and fine cesium chemicals used in a range of industries and applications that include catalysts, doping agents, and brazing fluxes. The company sells its products primarily 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.75 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.34 billion
Cash Flow$6.77 per share
Book Value$18.48 per share

Profitability

Net Income$157 million

Miscellaneous

Employees4,500
Market Cap$2.29 billion
Next Earnings Date11/2/2020 (Estimated)
OptionableOptionable
$40.60
-0.52 (-1.26 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cabot (NYSE:CBT) Frequently Asked Questions

How has Cabot's stock been impacted by Coronavirus (COVID-19)?

Cabot's stock was trading at $29.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CBT stock has increased by 35.7% and is now trading at $40.60.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cabot?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Cabot
.

When is Cabot's next earnings date?

Cabot is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Cabot
.

How were Cabot's earnings last quarter?

Cabot Corp (NYSE:CBT) issued its quarterly earnings results on Thursday, August, 6th. The specialty chemicals company reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.08. The specialty chemicals company earned $518 million during the quarter, compared to analysts' expectations of $525.22 million. Cabot had a return on equity of 12.99% and a net margin of 2.41%. Cabot's quarterly revenue was down 38.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 EPS.
View Cabot's earnings history
.

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

Cabot declared a quarterly dividend on Friday, July 10th. Stockholders of record on Friday, August 28th will be given a dividend of $0.35 per share on Friday, September 11th. This represents a $1.40 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Thursday, August 27th.
View Cabot's dividend history
.

What price target have analysts set for CBT?

9 analysts have issued 1-year target prices for Cabot's stock. Their forecasts range from $31.00 to $52.00. On average, they expect Cabot's share price to reach $41.86 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
View analysts' price targets for Cabot
.

Has Cabot been receiving favorable news coverage?

News headlines about CBT stock have trended somewhat positive this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cabot earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned news headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about Cabot
.

Are investors shorting Cabot?

Cabot saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 898,400 shares, an increase of 12.4% from the December 31st total of 799,600 shares. Based on an average trading volume of 278,300 shares, the short-interest ratio is currently 3.2 days. Approximately 1.6% of the shares of the stock are sold short.
View Cabot's Short Interest
.

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 Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Broadcom (AVGO), Energy Transfer LP Unit (ET), Gilead Sciences (GILD), Pfizer (PFE), AT&T (T), Intel (INTC), Alibaba Group (BABA) and Cisco Systems (CSCO).

Who are Cabot's key executives?

Cabot's management team includes the following 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)

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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.89%), LSV Asset Management (4.69%), Victory Capital Management Inc. (3.59%), Bank of New York Mellon Corp (3.42%), Bank of America Corp DE (1.94%) and AJO LP (1.24%). Company insiders that own Cabot stock include Hobart Kalkstein, Nicholas S Cross and Patrick M Prevost.
View institutional ownership trends for Cabot
.

Which institutional investors are selling Cabot stock?

CBT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Prudential Financial Inc., Man Group plc, LSV Asset Management, Bank of America Corp DE, Mackay Shields LLC, Holocene Advisors LP, and AJO LP.
View insider buying and selling activity for Cabot
.

Which institutional investors are buying Cabot stock?

CBT stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., FMR LLC, Vanguard Group Inc., Ensign Peak Advisors Inc, Principal Financial Group Inc., Orser Capital Management LLC, Russell Investments Group Ltd., and First Trust Advisors LP.
View insider buying and selling activity 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 $40.60.

How big of a company is Cabot?

Cabot has a market capitalization of $2.29 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.

What is Cabot's official website?

The official website for Cabot is 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]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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