Log in

NYSE:CBT - Cabot Stock Price, Forecast & News

$25.04
-1.69 (-6.32 %)
(As of 03/29/2020 02:44 AM ET)
Today's Range
$24.85
Now: $25.04
$26.24
50-Day Range
$21.08
MA: $35.59
$43.80
52-Week Range
$20.00
Now: $25.04
$50.58
Volume413,243 shs
Average Volume568,398 shs
Market Capitalization$1.42 billion
P/E Ratio11.43
Dividend Yield5.24%
Beta1.49
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.
Read More
Cabot logo

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$6.17 per share
Book Value$19.63 per share

Profitability

Net Income$157 million

Miscellaneous

Employees4,500
Market Cap$1.42 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

Receive CBT News and Ratings via Email

Sign-up to receive the latest news and ratings for CBT and its competitors with MarketBeat's FREE daily newsletter.


Cabot (NYSE:CBT) Frequently Asked Questions

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

Cabot's stock was trading at $29.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CBT stock has decreased by 16.3% and is now trading at $25.04. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cabot?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 4 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, May 4th 2020. View our earnings forecast for Cabot.

How were Cabot's earnings last quarter?

Cabot Corp (NYSE:CBT) released its earnings results on Monday, February, 3rd. The specialty chemicals company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.73 by $0.04. The specialty chemicals company earned $727 million during the quarter, compared to analysts' expectations of $772.38 million. Cabot had a net margin of 3.98% and a return on equity of 18.47%. The business's revenue was down 11.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 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, January 10th. Investors of record on Friday, February 28th will be given a dividend of $0.35 per share on Friday, March 13th. This represents a $1.40 annualized dividend and a dividend yield of 5.59%. The ex-dividend date is Thursday, February 27th. View Cabot's dividend history.

How will Cabot's stock buyback program work?

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

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

Cabot issued an update on its FY20 earnings guidance on Monday, February, 3rd. The company provided EPS guidance of $3.60-3.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.80.

What price target have analysts set for CBT?

7 equities research analysts have issued 1 year price targets for Cabot's shares. Their forecasts range from $31.00 to $52.00. On average, they expect Cabot's stock price to reach $43.00 in the next year. This suggests a possible upside of 71.7% from the stock's current price. View analysts' price targets for Cabot.

Has Cabot been receiving favorable news coverage?

Media headlines about CBT stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news 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 news impact score of -2.1 on InfoTrie's scale. They also gave news coverage 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 impact on the company's share price in the near term. View the latest news aboutCabot.

Are investors shorting Cabot?

Cabot saw a decrease in short interest in the month of February. As of February 14th, there was short interest totaling 804,200 shares, a decrease of 10.5% from the January 30th total of 898,400 shares. Based on an average daily trading volume, of 289,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.5% of the shares of the company 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 Energy Transfer LP Unit (ET), Broadcom (AVGO), AT&T (T), Pfizer (PFE), Intel (INTC), Ford Motor (F), The Coca-Cola (KO), Verizon Communications (VZ), Cisco Systems (CSCO) and Gilead Sciences (GILD).

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 institutional and retail investors. Top institutional shareholders include LSV Asset Management (4.94%), Earnest Partners LLC (4.63%), Bank of New York Mellon Corp (4.22%), Victory Capital Management Inc. (2.59%), State Street Corp (2.58%) and Victory Capital Management Inc. (2.57%). 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 FMR LLC, Bank of New York Mellon Corp, State Street Corp, Bank of America Corp DE, Los Angeles Capital Management & Equity Research Inc., Loomis Sayles & Co. L P, Credit Suisse AG, and Goldman Sachs Group Inc.. View insider buying and selling activity for Cabot.

Which major investors are buying Cabot stock?

CBT stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Victory Capital Management Inc., Victory Capital Management Inc., Earnest Partners LLC, AJO LP, Renaissance Technologies LLC, Man Group plc, and Nuveen Asset Management LLC. 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 $25.04.

How big of a company is Cabot?

Cabot has a market capitalization of $1.42 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:  340 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  754
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 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel