NYSE:CBT - Cabot Stock Price, News & Analysis

$45.94
-0.81 (-1.73 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$45.4156
Now: $45.94
$46.33
50-Day Range
$37.19
MA: $40.83
$47.40
52-Week Range
$37.11
Now: $45.94
$66.00
Volume284,135 shs
Average Volume375,929 shs
Market Capitalization$2.65 billion
P/E Ratio11.40
Dividend Yield2.99%
Beta1.5
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$7.7864 per share
Book Value$20.78 per share

Profitability

Net Income$-113,000,000.00

Miscellaneous

Employees4,600
Market Cap$2.65 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 Friday, July 12th. Investors of record on Friday, August 30th will be paid a dividend of $0.35 per share on Friday, September 13th. This represents a $1.40 annualized dividend and a yield of 3.05%. 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 announced that its board has initiated a share buyback program on Monday, July 16th 2018, which allows the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 10.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

How were Cabot's earnings last quarter?

Cabot Corp (NYSE:CBT) announced its quarterly earnings data on Monday, August, 5th. The specialty chemicals company reported $1.00 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.00. The specialty chemicals company had revenue of $845 million for the quarter, compared to analyst estimates of $858.86 million. Cabot had a net margin of 6.49% and a return on equity of 18.60%. The business's revenue was down 1.1% on a year-over-year basis. During the same period last year, the business earned $1.06 earnings per share. 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 brokers have issued 1 year price objectives for Cabot's stock. Their forecasts range from $40.00 to $76.00. On average, they expect Cabot's share price to reach $50.50 in the next twelve months. This suggests a possible upside of 9.9% 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 stories about CBT stock have trended negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cabot earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Cabot.

Are investors shorting Cabot?

Cabot saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 707,100 shares, a decrease of 10.3% from the July 31st total of 788,300 shares. Based on an average trading volume of 368,400 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.2% of the company's shares 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 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 institutional and retail investors. Top institutional investors 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, Robinhood, Fidelity and Charles Schwab.

What is Cabot's stock price today?

One share of CBT stock can currently be purchased for approximately $45.94.

How big of a company is Cabot?

Cabot has a market capitalization of $2.65 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 9/17/2019 by MarketBeat.com Staff

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