Cabot Corporation Company Profile (NYSE:CBT)

About Cabot Corporation (NYSE:CBT)

Cabot Corporation logoCabot Corporation is a global specialty chemicals and performance materials company. The Company operates through four business segments: reinforcement materials, performance chemicals, purification solutions and specialty fluids. Reinforcement materials' rubber grade carbon blacks are used to enhance the physical properties of the systems and applications in which they are incorporated. Its rubber blacks products are used in tires and industrial products. Performance Chemicals consists of two businesses: specialty carbons and formulations business, and metal oxides business. Purification Solutions' activated carbon products are used for the purification of water, air and pharmaceuticals, among others, as either a colorant or a decolorizing agent in the production of food and beverage applications. Its specialty fluids segment produces and markets cesium formate as a drilling and completion fluid for use in high pressure and high temperature oil and gas well construction.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Commodity Chemicals
  • Symbol: NYSE:CBT
  • CUSIP: 12705510
  • Web: www.cabot-corp.com
Capitalization:
  • Market Cap: $3.64476 billion
  • Outstanding Shares: 62,229,000
Average Prices:
  • 50 Day Moving Avg: $55.89
  • 200 Day Moving Avg: $54.44
  • 52 Week Range: $47.99 - $61.34
P/E:
  • Trailing P/E Ratio: 16.35
  • Foreward P/E Ratio: 15.48
  • P/E Growth: 1.82
Sales & Book Value:
  • Annual Revenue: $2.61 billion
  • Price / Sales: 1.39
  • Book Value: $22.06 per share
  • Price / Book: 2.65
Dividend:
  • Annual Dividend: $1.26
  • Dividend Yield: 2.2%
Profitability:
  • EBITDA: $488 million
  • Net Margins: 8.61%
  • Return on Equity: 16.03%
  • Return on Assets: 7.24%
Debt:
  • Debt-to-Equity Ratio: 0.45%
  • Current Ratio: 1.71%
  • Quick Ratio: 1.13%
Misc:
  • Average Volume: 306,900 shs.
  • Beta: 1.09
  • Short Ratio: 0.87
 

Frequently Asked Questions for Cabot Corporation (NYSE:CBT)

What is Cabot Corporation's stock symbol?

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

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

Cabot Corporation declared a quarterly dividend on Friday, July 14th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.315 per share on Friday, September 8th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Wednesday, August 23rd. View Cabot Corporation's Dividend History.

How were Cabot Corporation's earnings last quarter?

Cabot Corporation (NYSE:CBT) issued its quarterly earnings data on Tuesday, August, 1st. The company reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by $0.04. The business had revenue of $705 million for the quarter, compared to analyst estimates of $664.16 million. Cabot Corporation had a return on equity of 16.03% and a net margin of 8.61%. The company's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 earnings per share. View Cabot Corporation's Earnings History.

When will Cabot Corporation make its next earnings announcement?

Cabot Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Cabot Corporation.

Where is Cabot Corporation's stock going? Where will Cabot Corporation's stock price be in 2017?

6 brokerages have issued 1-year price targets for Cabot Corporation's shares. Their predictions range from $56.00 to $68.00. On average, they expect Cabot Corporation's stock price to reach $60.33 in the next twelve months. View Analyst Ratings for Cabot Corporation.

Who are some of Cabot Corporation's key competitors?

Who are Cabot Corporation's key executives?

Cabot Corporation's management team includes the folowing people:

  • Sean D. Keohane, President, Chief Executive Officer, Director
  • Eduardo E. Cordeiro, Chief Financial Officer, Executive Vice President, President - Americas and Europe
  • Brian A. Berube, Interim Chief Human Resource Officer, Senior Vice President, General Counsel
  • Nicholas S. Cross, Executive Vice President, President - Performance Materials and Advanced Technologies
  • Hobart C. Kalkstein, Senior Vice President and President - Reinforcement Materials Segment
  • Friedrich von Gottberg, Senior Vice President, President of Purification Solutions
  • John F. O'Brien, Non-Executive Independent Chairman of the Board
  • Michael M. Morrow, Director
  • Juan Enriquez-Cabot, Independent Director
  • William C. Kirby, Independent Director

Who owns Cabot Corporation stock?

Cabot Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Foster & Motley Inc. (0.08%), Shell Asset Management Co. (0.06%), State Treasurer State of Michigan (0.04%), FormulaFolio Investments LLC (0.02%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Cabot Corporation stock include Brian A Berube, Eduardo E Cordeiro, Gottberg Friedrich Von, Hobart Kalkstein, James Patrick Kelly, Nicholas S Cross and Patrick M Prevost. View Institutional Ownership Trends for Cabot Corporation.

Who sold Cabot Corporation stock? Who is selling Cabot Corporation stock?

Cabot Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Cabot Corporation stock in the last year include Brian A Berube, Eduardo E Cordeiro, Gottberg Friedrich Von, Hobart Kalkstein, Nicholas S Cross and Patrick M Prevost. View Insider Buying and Selling for Cabot Corporation.

Who bought Cabot Corporation stock? Who is buying Cabot Corporation stock?

Cabot Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Foster & Motley Inc., FormulaFolio Investments LLC, Shell Asset Management Co. and Fox Run Management L.L.C.. View Insider Buying and Selling for Cabot Corporation.

How do I buy Cabot Corporation stock?

Shares of Cabot Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cabot Corporation's stock price today?

One share of Cabot Corporation stock can currently be purchased for approximately $58.36.


MarketBeat Community Rating for Cabot Corporation (NYSE CBT)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  385
MarketBeat's community ratings are surveys of what our community members think about Cabot Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cabot Corporation (NYSE:CBT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $60.33 (3.38% upside)
Consensus Price Target History for Cabot Corporation (NYSE:CBT)
Price Target History for Cabot Corporation (NYSE:CBT)
Analysts' Ratings History for Cabot Corporation (NYSE:CBT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/28/2017Loop CapitalInitiated CoverageHold -> Hold$59.00MediumView Rating Details
8/15/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$57.00MediumView Rating Details
6/8/2017Jefferies Group LLCSet Price TargetBuy$68.00LowView Rating Details
5/31/2017AegisReiterated RatingHoldLowView Rating Details
5/24/2017Northcoast ResearchUpgradeNeutral -> Buy$63.00HighView Rating Details
4/18/2017SunTrust Banks, Inc.Initiated CoverageBuy$56.00LowView Rating Details
8/12/2016Deutsche Bank AGBoost Price TargetHold$48.00 -> $52.00N/AView Rating Details
12/9/2015BB&T CorporationInitiated CoverageBuy$55.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Cabot Corporation (NYSE:CBT)
Earnings by Quarter for Cabot Corporation (NYSE:CBT)
Earnings History by Quarter for Cabot Corporation (NYSE CBT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.91N/AView Earnings Details
8/1/2017Q3 2017$0.85$0.81$664.16 million$705.00 millionViewListenView Earnings Details
5/1/2017Q2 2017$0.85$0.87$637.57 million$678.00 millionViewListenView Earnings Details
2/1/2017Q117$0.70$0.84$609.25 million$611.00 millionViewListenView Earnings Details
10/31/2016Q416$0.94$1.00$654.40 million$619.00 millionViewListenView Earnings Details
7/27/2016Q316$0.93$0.93$611.73 million$621.00 millionViewListenView Earnings Details
5/2/2016Q216$0.77$0.70$647.48 million$568.00 millionViewListenView Earnings Details
2/1/2016Q116$0.52$0.51$704.75 million$603.00 millionViewListenView Earnings Details
11/2/2015Q415$0.66$0.78$707.80 million$672.00 millionViewListenView Earnings Details
8/4/2015Q315$0.74$0.64$774.90 million$694.00 millionViewListenView Earnings Details
4/29/2015Q215$0.63$0.53$823.00 million$694.00 millionViewListenView Earnings Details
1/28/2015Q115$0.65$0.80$863.67 million$812.00 millionViewListenView Earnings Details
10/28/2014Q414$0.83$0.85$933.33 million$911.00 millionViewListenView Earnings Details
7/30/2014Q314$0.91$0.88$943.70 million$940.00 millionViewListenView Earnings Details
4/30/2014Q214$0.84$0.83$910.00 million$898.00 millionViewListenView Earnings Details
1/30/2014Q114$0.71$0.86$854.67 million$899.00 millionViewListenView Earnings Details
10/30/2013Q413$0.79$0.78$880.00 million$898.00 millionViewListenView Earnings Details
7/31/2013Q3 2013$0.91$0.84$931.00 million$903.00 millionViewListenView Earnings Details
4/30/2013Q2 2013$0.69$0.63$887.33 million$842.00 millionViewListenView Earnings Details
1/30/2013Q1 2013$0.77$0.66$864.00 million$820.00 millionViewListenView Earnings Details
10/30/2012$0.76$0.75ViewN/AView Earnings Details
7/31/2012$1.00$1.00ViewN/AView Earnings Details
5/1/2012$0.79$0.96ViewN/AView Earnings Details
2/1/2012$0.56$0.63ViewN/AView Earnings Details
10/25/2011$0.74$0.53ViewN/AView Earnings Details
4/26/2011$0.75$0.81ViewN/AView Earnings Details
1/25/2011$0.67$0.78ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cabot Corporation (NYSE:CBT)
2017 EPS Consensus Estimate: $3.43
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.70$0.97$0.80
Q2 20174$0.84$0.98$0.88
Q3 20174$0.81$0.85$0.83
Q4 20174$0.88$0.95$0.93
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cabot Corporation (NYSE:CBT)
Most Recent Dividend:9/8/2017
Annual Dividend:$1.26
Dividend Yield:2.16%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:35.29% (Trailing 12 Months of Earnings)
36.52% (Based on This Year's Estimates)
33.42% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Cabot Corporation (NYSE:CBT)

Dividend History by Quarter for Cabot Corporation (NYSE CBT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/14/2017quarterly$0.322.31%8/23/20178/25/20179/8/2017
5/10/2017quarterly$0.322.42%5/24/20175/26/20176/9/2017
1/13/2017quarterly$0.302.24%2/22/20172/24/20173/10/2017
11/11/2016quarterly$0.302.32%11/22/201611/25/201612/9/2016
7/8/2016quarterly$0.302.51%8/24/20168/26/20169/9/2016
5/24/2016quarterly$0.302.62%5/25/20165/27/20166/10/2016
1/8/2016quarterly$0.222.35%2/24/20162/26/20163/11/2016
11/13/2015quarterly$0.232.15%11/24/201511/27/201512/11/2015
7/10/2015quarterly$0.222.3%8/26/20158/28/20159/11/2015
5/8/2015quarterly$0.222.06%5/27/20155/29/20156/12/2015
1/9/2015quarterly$0.222.08%2/25/20152/27/20153/13/2015
11/14/2014quarterly$0.221.93%11/25/201411/28/201412/12/2014
7/9/2014quarterly$0.221.54%8/27/20148/29/20149/12/2014
5/8/2014quarterly$0.221.5%5/28/20145/30/20146/13/2014
1/10/2014quarterly$0.201.57%2/26/20142/28/20143/14/2014
11/8/2013quarterly$0.201.68%11/26/201311/29/201312/13/2013
7/12/2013quarterly$0.202.04%8/28/20138/30/20139/13/2013
5/9/2013quarterly$0.202.07%5/29/20135/31/20136/14/2013
1/15/2013quarterly$0.201.89%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cabot Corporation (NYSE:CBT)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 84.15%
Insider Trades by Quarter for Cabot Corporation (NYSE:CBT)
Institutional Ownership by Quarter for Cabot Corporation (NYSE:CBT)
Insider Trades by Quarter for Cabot Corporation (NYSE:CBT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2017Hobart KalksteinInsiderSell3,881$53.39$207,206.59View SEC Filing  
3/2/2017Patrick M PrevostDirectorSell61,363$59.14$3,629,007.82View SEC Filing  
2/21/2017Patrick M PrevostDirectorSell92,562$58.22$5,388,959.64View SEC Filing  
2/9/2017Patrick M PrevostDirectorSell62,400$57.48$3,586,752.00View SEC Filing  
2/7/2017Eduardo E CordeiroInsiderSell37,695$57.60$2,171,232.00View SEC Filing  
2/7/2017Patrick M PrevostDirectorSell48,902$57.23$2,798,661.46View SEC Filing  
2/6/2017Brian A BerubeSVPSell39,215$57.56$2,257,215.40View SEC Filing  
2/6/2017Eduardo E CordeiroCFOSell23,159$57.55$1,332,800.45View SEC Filing  
2/6/2017Gottberg Friedrich VonInsiderSell15,909$57.42$913,494.78View SEC Filing  
2/6/2017Nicholas S CrossEVPSell7,000$57.79$404,530.00View SEC Filing  
11/25/2016Hobart KalksteinInsiderSell4,890$51.80$253,302.00View SEC Filing  
11/14/2016Gottberg Friedrich VonInsiderSell19,553$51.05$998,180.65View SEC Filing  
9/28/2016James Patrick KellyVPSell2,500$52.95$132,375.00View SEC Filing  
8/30/2016Nicholas S CrossInsiderSell21,584$50.56$1,091,287.04View SEC Filing  
8/25/2016Patrick M PrevostDirectorSell47,800$49.59$2,370,402.00View SEC Filing  
8/23/2016Brian A BerubeSVPSell16,489$49.90$822,801.10View SEC Filing  
8/23/2016Eduardo E CordeiroInsiderSell27,073$49.98$1,353,108.54View SEC Filing  
8/23/2016Patrick M PrevostDirectorSell2,200$50.21$110,462.00View SEC Filing  
7/28/2016James Patrick KellyVPSell2,500$50.95$127,375.00View SEC Filing  
7/12/2016James Patrick KellyVPSell2,500$48.95$122,375.00View SEC Filing  
6/3/2016Patrick M PrevostDirectorSell60,000$46.30$2,778,000.00View SEC Filing  
3/3/2016James Patrick KellyVPSell12,225$47.05$575,186.25View SEC Filing  
3/1/2016Patrick M PrevostCEOSell60,000$44.98$2,698,800.00View SEC Filing  
2/24/2015Ronaldo H SchmitzDirectorSell5,000$46.85$234,250.00View SEC Filing  
2/13/2015Patrick M PrevostCEOSell30,000$47.08$1,412,400.00View SEC Filing  
2/6/2015Lydia W ThomasDirectorSell4,496$46.16$207,535.36View SEC Filing  
11/13/2014David A MillerEVPSell8,000$47.19$377,520.00View SEC Filing  
8/11/2014David A MillerEVPSell3,493$53.67$187,469.31View SEC Filing  
6/11/2014Roderick MacleodDirectorSell57,800$59.51$3,439,678.00View SEC Filing  
6/6/2014Patrick M PrevostCEOSell15,000$59.32$889,800.00View SEC Filing  
6/6/2014Sean D KeohaneSVPSell25,200$59.33$1,495,116.00View SEC Filing  
6/2/2014Patrick M PrevostCEOSell15,000$56.28$844,200.00View SEC Filing  
5/12/2014David MillerEVPSell3,494$58.61$204,783.34View SEC Filing  
5/1/2014Patrick PrevostCEOSell15,000$56.61$849,150.00View SEC Filing  
4/1/2014Patrick PrevostCEOSell15,000$59.22$888,300.00View SEC Filing  
3/6/2014Brian BerubeSVPSell12,500$55.17$689,625.00View SEC Filing  
3/6/2014Eduardo CordeiroCFOSell33,622$55.04$1,850,554.88View SEC Filing  
2/13/2014Patrick PrevostCEOSell15,000$50.16$752,400.00View SEC Filing  
12/9/2013Patrick PrevostCEOSell47,054$49.30$2,319,762.20View SEC Filing  
12/5/2013Sean KeohaneSVPSell25,000$48.74$1,218,500.00View SEC Filing  
12/4/2013Brian BerubeSVPSell10,445$48.49$506,478.05View SEC Filing  
12/3/2013Eduardo CordeiroCFOSell48,753$48.23$2,351,357.19View SEC Filing  
11/14/2013David MillerEVPSell3,494$47.86$167,222.84View SEC Filing  
11/11/2013James Patrick KellyVPSell2,500$47.75$119,375.00View SEC Filing  
11/1/2013James Patrick KellyVPSell7,500$46.58$349,350.00View SEC Filing  
9/23/2013Brian BerubeSVPSell23,000$42.07$967,610.00View SEC Filing  
9/20/2013Patrick PrevostCEOSell12,000$42.80$513,600.00View SEC Filing  
9/19/2013Sean KeohaneSVPSell25,000$42.56$1,064,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cabot Corporation (NYSE:CBT)
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Chart

Cabot Corporation (CBT) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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