Cabot Corporation operates as a specialty chemicals and performance materials company. The company offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature oil and gas well construction. In addition, the company offers 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; and fumed silica, fumed alumina, and dispersions for automotive, construction, microelectronics, batteries, and consumer products industries, as well as aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications. Further, it provides activated carbon products used for the purification of water, air, food and beverages, pharmaceuticals, and other liquids and gases; as a chemical carrier; and as a colorant or a decolorizing agent. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Miscellaneous chemical products
Sub-IndustryCommodity Chemicals
SectorBasic Materials
SymbolNYSE:CBT
CUSIP12705510
Phone617-345-0100
Debt
Debt-to-Equity Ratio0.49
Current Ratio1.51
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio18.58
Forward P/E Ratio15.54
P/E Growth1.39
Sales & Book Value
Annual Sales$2.72 billion
Price / Sales1.45
Cash Flow$6.0788 per share
Price / Cash10.53
Book Value$25.73 per share
Price / Book2.49
Profitability
EPS (Most Recent Fiscal Year)$3.43
Net Income$241 million
Net Margins-4.46%
Return on Equity17.41%
Return on Assets7.83%
Miscellaneous
Employees4,500
Outstanding Shares61,560,000
Market Cap$3.88 billion
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 declared a quarterly dividend on Monday, July 16th. Stockholders of record on Friday, August 31st will be given a dividend of $0.33 per share on Friday, September 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Thursday, August 30th. View Cabot's Dividend History.
How will Cabot's stock buyback program work?
Cabot declared that its board has initiated a stock repurchase program on Monday, July 16th 2018, which authorizes the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 10.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.
How were Cabot's earnings last quarter?
Cabot Corp (NYSE:CBT) issued its quarterly earnings data on Monday, August, 6th. The specialty chemicals company reported $1.06 earnings per share for the quarter, hitting analysts' consensus estimates of $1.06. The specialty chemicals company had revenue of $854 million for the quarter, compared to analysts' expectations of $831.59 million. Cabot had a negative net margin of 4.46% and a positive return on equity of 17.41%. The company's revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 earnings per share. View Cabot's Earnings History.
When is Cabot's next earnings date?
What price target have analysts set for CBT?
6 analysts have issued 1 year price objectives for Cabot's stock. Their predictions range from $72.00 to $134.00. On average, they anticipate Cabot's share price to reach $86.40 in the next year. This suggests a possible upside of 35.0% from the stock's current price. View Analyst Price Targets for Cabot.
What is the consensus analysts' recommendation for Cabot?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cabot.
Who are some of Cabot's key competitors?
Who are Cabot's key executives?
Cabot's management team includes the folowing people:
- Mr. Sean D. Keohane, Pres, CEO & Director (Age 51)
- Mr. Brian A. Berube, Sr. VP & Gen. Counsel (Age 56)
- Mr. Nicholas S. Cross, Exec. VP, Pres of Performance Chemicals segment & Pres of EMEA region (Age 57)
- Mr. Hobart C. Kalkstein, Sr. VP, Pres of Reinforcement Materials Segment & Pres of Americas Region (Age 48)
- Mr. Patrick M. Prevost, Advisor & Director (Age 63)
Has Cabot been receiving favorable news coverage?
Media headlines about CBT stock have been trending somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cabot earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news coverage about the specialty chemicals company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Cabot.
Who are Cabot's major shareholders?
Cabot's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.61%), LSV Asset Management (4.80%), Bank of New York Mellon Corp (4.31%), Bank of New York Mellon Corp (4.33%), Fuller & Thaler Asset Management Inc. (3.33%) and Earnest Partners LLC (2.49%). Company insiders that own Cabot stock include Brian A Berube, Eduardo E Cordeiro, 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 institutional investors are selling Cabot stock?
CBT stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, First Trust Advisors LP, First Quadrant L P CA, Martingale Asset Management L P, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Wedge Capital Management L L P NC and BlackRock Inc.. Company insiders that have sold Cabot company stock in the last year include Brian A Berube, Gottberg Friedrich Von, Hobart Kalkstein, James Patrick Kelly, Nicholas S Cross, Patrick M Prevost and Sean D Keohane. View Insider Buying and Selling for Cabot.
Which institutional investors are buying Cabot stock?
CBT stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of New York Mellon Corp, Millennium Management LLC, Monarch Partners Asset Management LLC, Victory Capital Management Inc., Point72 Asset Management L.P., Los Angeles Capital Management & Equity Research Inc. and Natixis. 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, Scottrade, Fidelity and Charles Schwab.
What is Cabot's stock price today?
One share of CBT stock can currently be purchased for approximately $64.01.
How big of a company is Cabot?
Cabot has a market capitalization of $3.88 billion and generates $2.72 billion in revenue each year. The specialty chemicals company earns $241 million in net income (profit) each year or $3.43 on an earnings per share basis. Cabot 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 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)
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.
