NYSE:CBT - Cabot Stock Price, News, & Analysis

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$46.48 +1.28 (+2.83 %)
(As of 02/15/2019 03:44 PM ET)
Previous Close$45.20
Today's Range$45.60 - $46.52
52-Week Range$39.57 - $67.80
Volume14,961 shs
Average Volume413,364 shs
Market Capitalization$2.77 billion
P/E Ratio11.52
Dividend Yield2.95%
Beta1.44
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.

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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$8.30 per share
Book Value$21.44 per share

Profitability

Net Income$-113,000,000.00

Miscellaneous

Employees4,600
Market Cap$2.77 billion
OptionableOptionable

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, January 11th. Shareholders of record on Friday, February 22nd will be given a dividend of $0.33 per share on Friday, March 8th. This represents a $1.32 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date is Thursday, February 21st. View Cabot's Dividend History.

How will Cabot's stock buyback program work?

Cabot announced that its board has authorized a stock buyback plan 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 buy up to 10.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued.

How were Cabot's earnings last quarter?

Cabot Corp (NYSE:CBT) released its quarterly earnings data on Monday, February, 4th. The specialty chemicals company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.90 by $0.03. The specialty chemicals company had revenue of $821 million for the quarter, compared to analysts' expectations of $778.50 million. Cabot had a net margin of 2.33% and a return on equity of 19.05%. The business's quarterly revenue was up 14.0% on a year-over-year basis. During the same period last year, the business earned $0.93 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, May 6th 2019. View Earnings Estimates for Cabot.

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

Cabot updated its FY19 earnings guidance on Monday, February, 4th. The company provided EPS guidance of $4.20-4.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.61.

What price target have analysts set for CBT?

4 brokers have issued 1 year price targets for Cabot's shares. Their predictions range from $72.00 to $82.00. On average, they anticipate Cabot's stock price to reach $76.25 in the next year. This suggests a possible upside of 63.9% 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 4 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 headlines about CBT stock have trended somewhat positive recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cabot earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the specialty chemicals company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the near term.

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 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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.81%), Bank of New York Mellon Corp (5.13%), LSV Asset Management (4.04%), Dimensional Fund Advisors LP (2.20%), Fiduciary Trust Co. (2.01%) and Victory Capital Management Inc. (2.01%). 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 Cabot Wellington LLC, Bank of New York Mellon Corp, Martingale Asset Management L P, Fiduciary Trust Co., First Quadrant L P CA, LSV Asset Management, Principal Financial Group Inc. and State of New Jersey Common Pension Fund D. 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 major investors are buying Cabot stock?

CBT stock was bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Victory Capital Management Inc., Two Sigma Investments LP, D. E. Shaw & Co. Inc., Deprince Race & Zollo Inc., Peregrine Capital Management LLC, Polaris Capital Management LLC and Rhumbline Advisers. 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 $46.52.

How big of a company is Cabot?

Cabot has a market capitalization of $2.77 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.

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:  315 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  678
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 2/15/2019 by MarketBeat.com Staff

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