Cabot Corporation (CBT)

NYSE: CBT · IEX Real-Time Price · USD
89.38
-0.30 (-0.33%)
At close: Jul 2, 2024, 4:00 PM
87.59
-1.79 (-2.00%)
After-hours: Jul 2, 2024, 7:04 PM EDT
-0.33%
Market Cap 4.94B
Revenue (ttm) 3.91B
Net Income (ttm) 450.00M
Shares Out 55.26M
EPS (ttm) 7.88
PE Ratio 11.34
Forward PE 12.10
Dividend $1.72 (1.92%)
Ex-Dividend Date May 31, 2024
Volume 450,997
Open 90.02
Previous Close 89.68
Day's Range 88.62 - 90.25
52-Week Range 64.15 - 103.49
Beta 1.26
Analysts Buy
Price Target 94.25 (+5.45%)
Earnings Date Aug 5, 2024

About CBT

Cabot Corporation operates as a specialty chemicals and performance materials company. The company operates through two segments, Reinforcement Materials and Performance Chemicals. It offers reinforcing carbons that are 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 engineered elastomer composites solutions. The company also provides specialty carbons for use in inks, coatings, plastics, adhesives, toners, batteries, and disp... [Read more]

Sector Materials
Founded 2019
Employees 4,300
Stock Exchange NYSE
Ticker Symbol CBT
Full Company Profile

Financial Performance

In 2023, Cabot's revenue was $3.93 billion, a decrease of -9.03% compared to the previous year's $4.32 billion. Earnings were $445.00 million, an increase of 112.92%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CBT stock is "Buy." The 12-month stock price forecast is $94.25, which is an increase of 5.45% from the latest price.

Price Target
$94.25
(5.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cabot Corporation Details Sustainability Performance in 2024 Sustainability Report

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today published its 2024 Sustainability Report, which details the progress it has achieved on advancing its sustainability objectives. The report...

7 days ago - Business Wire

Cabot Corporation Achieves Operation Clean Sweep® Europe Certification

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced it has attained Operation Clean Sweep® (OCS) Europe certification at its two masterbatch and compounding facilities in Pepinster ...

27 days ago - Business Wire

Cabot Corporation Earns Platinum Rating from EcoVadis for Fourth Consecutive Year

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) has achieved a platinum rating from EcoVadis, the highest recognition available, for the fourth consecutive year. The platinum rating recognizes ...

5 weeks ago - Business Wire

Cabot Corporation Launches New Universal Circular Black Masterbatches with Certified Sustainable Material

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced the launch of its new REPLASBLAK® universal circular black masterbatches with certified sustainable material. With this launch, C...

7 weeks ago - Business Wire

Cabot Corp Reports Second Quarter Fiscal 2024 Results

BOSTON--(BUSINESS WIRE)--Cabot Corp Reports Second Quarter Fiscal 2024 Results.

2 months ago - Business Wire

Cabot Corporation Board Increases Dividend

BOSTON--(BUSINESS WIRE)--Cabot Corporation Board Increases Dividend.

2 months ago - Business Wire

Cabot Corporation and Partners Selected for $5M in U.S. Department of Energy Grant to Support Continued Advancement of Global Hydrogen Economy

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research g...

2 months ago - Business Wire

Cabot Corporation to Announce Second Quarter 2024 Operating Results

BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Second Quarter 2024 Operating Results.

3 months ago - Business Wire

Cabot Corporation Wins Tire Technology International 2024 Awards for Innovation and Excellence for E2C® DX9660 Engineered Elastomer Composite

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) has won the Tire Technology International 2024 Awards for Innovation and Excellence in the “Chemicals and Compounding Innovation of the Year” cat...

3 months ago - Business Wire

Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low ...

3 months ago - Business Wire

Cabot Corp Reports First Quarter Fiscal 2024 Results

BOSTON--(BUSINESS WIRE)--Cabot Corp Reports First Quarter Fiscal 2024 Results.

5 months ago - Business Wire

Cabot Corporation Board Declares Dividend

BOSTON--(BUSINESS WIRE)--On Friday, January 12, 2024, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.40 per share on all outstanding shares of the Corporati...

6 months ago - Business Wire

Cabot Corporation to Announce First Quarter 2024 Operating Results

BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce First Quarter 2024 Operating Results.

6 months ago - Business Wire

Cabot Corporation Named to Newsweek's America's Most Responsible Companies 2024 List

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced it has been recognized by Newsweek as one of America's Most Responsible Companies 2024. This is the fifth consecutive year that C...

7 months ago - Business Wire

Cabot Corp Reports Fourth Quarter Diluted EPS of $4.10 and Adjusted EPS of $1.65

BOSTON--(BUSINESS WIRE)--Cabot Corp Reports Fourth Quarter Fiscal 2023 Results.

8 months ago - Business Wire

Cabot Corporation Launches New REPLASBLAK™ Circular Black Masterbatch Product Family with Sustainable Material

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced the launch of its new REPLASBLAK™ product family of circular black masterbatches with certified material. With this launch, Cabot...

8 months ago - Business Wire

Cabot Corporation to Announce Fourth Quarter 2023 Operating Results

BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Fourth Quarter 2023 Operating Results.

9 months ago - Business Wire

Cabot Corporation Enhances Circularity and Traceability Through ISCC PLUS Certification

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced it has achieved International Sustainability and Carbon Certification (ISCC) PLUS certification at six of its facilities. Cabot c...

10 months ago - Business Wire

Cabot Corporation Announces Changes to Board of Directors

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced today that Michelle Williams, Ph.D., has been elected to its Board of Directors, effective September 13, 2023. She was also appointed a...

10 months ago - Business Wire

Cabot Corporation to Present at the Jefferies Industrials Conference

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced today that Erica McLaughlin, Executive Vice President and Chief Financial Officer, will present at the Jefferies Industrials Conference...

10 months ago - Business Wire

Cabot Corporation Joins U.S. Department of Energy's Better Plants Program

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced its partnership with the U.S. Department of Energy's (DOE's) Better Plants program. The program is a national, voluntary partners...

11 months ago - Business Wire

Cabot Corp Reports Third Quarter Fiscal 2023 Results

BOSTON--(BUSINESS WIRE)--Cabot Corp Reports Third Quarter Fiscal 2023 Results.

11 months ago - Business Wire

Cabot Corporation to Announce Third Quarter 2023 Operating Results

BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Third Quarter 2023 Operating Results.

1 year ago - Business Wire

Cabot Corporation Details Sustainability Progress in 2023 Sustainability Report

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today published its 2023 Sustainability Report, highlighting the progress it has achieved on its sustainability program and aspirations for the f...

1 year ago - Business Wire

Cabot Corporation Recognized by International Carbon Black Association for Safety Performance

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced that 18 of its carbon black manufacturing sites have been recognized by the International Carbon Black Association's (ICBA) Safet...

1 year ago - Business Wire