NYSE:CBT - Cabot Stock Price, News & Analysis

$37.90
-0.99 (-2.55 %)
(As of 08/25/2019 12:46 PM ET)
Today's Range
$37.78
Now: $37.90
$39.27
50-Day Range
$37.19
MA: $42.72
$47.60
52-Week Range
$37.11
Now: $37.90
$67.02
Volume373,945 shs
Average Volume460,314 shs
Market Capitalization$2.19 billion
P/E Ratio9.40
Dividend Yield3.60%
Beta1.48
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$3.24 billion
Cash Flow$7.7984 per share
Book Value$21.22 per share

Profitability

Net Income$-113,000,000.00

Miscellaneous

Employees4,600
Market Cap$2.19 billion
Next Earnings Date11/4/2019 (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

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, July 12th. Shareholders of record on Friday, August 30th will be given a dividend of $0.35 per share on Friday, September 13th. This represents a $1.40 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Thursday, August 29th. 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 permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 10.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

How were Cabot's earnings last quarter?

Cabot Corp (NYSE:CBT) released its earnings results on Monday, August, 5th. The specialty chemicals company reported $1.00 EPS for the quarter, meeting the Zacks' consensus estimate of $1.00. The specialty chemicals company earned $845 million during the quarter, compared to the consensus estimate of $858.86 million. Cabot had a net margin of 6.49% and a return on equity of 18.60%. The company's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.06 EPS. View Cabot's Earnings History.

When is Cabot's next earnings date?

Cabot is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Cabot.

What price target have analysts set for CBT?

4 Wall Street analysts have issued 12-month price objectives for Cabot's shares. Their predictions range from $40.00 to $76.00. On average, they anticipate Cabot's share price to reach $50.50 in the next twelve months. This suggests a possible upside of 33.2% from the stock's current price. View Analyst Price Targets for Cabot.

What is the consensus analysts' recommendation for Cabot?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cabot.

Has Cabot been receiving favorable news coverage?

News coverage about CBT stock has trended positive on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press 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 five, with scores nearest to five being the most favorable. Cabot earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the specialty chemicals company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Cabot.

Are investors shorting Cabot?

Cabot saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 788,300 shares, a decrease of 7.6% from the June 30th total of 853,500 shares. Based on an average daily trading volume, of 365,400 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.4% of the shares of the company are short sold. 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), Oracle (ORCL), Adobe (ADBE), Gilead Sciences (GILD), AT&T (T), Wells Fargo & Co (WFC), Cisco Systems (CSCO) and Micron Technology (MU).

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.20%), BlackRock Inc. (9.31%), Vanguard Group Inc. (8.93%), LSV Asset Management (4.78%), Bank of New York Mellon Corp (4.63%) and Earnest Partners LLC (4.07%). 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 Quest Capital Management Inc. ADV, BlackRock Inc., BlackRock Inc., Russell Investments Group Ltd., Grantham Mayo Van Otterloo & Co. LLC, Vanguard Group Inc., AQR Capital Management LLC and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Cabot.

Which major investors are buying Cabot stock?

CBT stock was acquired by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Nuveen Asset Management LLC, Bank of America Corp DE, Royal Bank of Canada, Deprince Race & Zollo Inc., Wells Fargo & Company MN, WBI Investments Inc. and Icon Advisers Inc. Co.. 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 $37.90.

How big of a company is Cabot?

Cabot has a market capitalization of $2.19 billion and generates $3.24 billion in revenue each year. The specialty chemicals company earns $-113,000,000.00 in net income (profit) each year or $4.03 on an earnings per share basis. Cabot employs 4,600 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:  324 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  706
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 8/25/2019 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