Cabot Corporation (CBT)
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]
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 StatementsAnalyst 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.
News
![](https://cdn.snapi.dev/images/v1/w/v/press10-2495162.jpg)
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...
![](https://cdn.snapi.dev/images/v1/q/d/press20-2463674.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/h/w/press1-2445260.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/d/8/press15-2427035.jpg)
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...
![](https://cdn.snapi.dev/images/v1/a/v/press3-2413264.jpg)
Cabot Corp Reports Second Quarter Fiscal 2024 Results
BOSTON--(BUSINESS WIRE)--Cabot Corp Reports Second Quarter Fiscal 2024 Results.
![](https://cdn.snapi.dev/images/v1/g/f/press11-2413227.jpg)
Cabot Corporation Board Increases Dividend
BOSTON--(BUSINESS WIRE)--Cabot Corporation Board Increases Dividend.
![](https://cdn.snapi.dev/images/v1/s/p/press4-2378209.jpg)
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...
![](https://cdn.snapi.dev/images/v1/t/x/conf14-2361943.jpg)
Cabot Corporation to Announce Second Quarter 2024 Operating Results
BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Second Quarter 2024 Operating Results.
![](https://cdn.snapi.dev/images/v1/q/f/press5-2346226.jpg)
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...
![](https://cdn.snapi.dev/images/v1/n/k/press19-2329650.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/p/r/press1-2260935.jpg)
Cabot Corp Reports First Quarter Fiscal 2024 Results
BOSTON--(BUSINESS WIRE)--Cabot Corp Reports First Quarter Fiscal 2024 Results.
![](https://cdn.snapi.dev/images/v1/3/z/press1-2228160.jpg)
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...
![](https://cdn.snapi.dev/images/v1/d/d/conf11-2222559.jpg)
Cabot Corporation to Announce First Quarter 2024 Operating Results
BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce First Quarter 2024 Operating Results.
![](https://cdn.snapi.dev/images/v1/a/c/press7-2187477.jpg)
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...
![](https://cdn.snapi.dev/images/v1/p/r/press8-2142702.jpg)
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.
![](https://cdn.snapi.dev/images/v1/a/i/press20-2141587.jpg)
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...
![](https://cdn.snapi.dev/images/v1/r/n/conf4-2095784.jpg)
Cabot Corporation to Announce Fourth Quarter 2023 Operating Results
BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Fourth Quarter 2023 Operating Results.
![](https://cdn.snapi.dev/images/v1/w/q/press11-2067348.jpg)
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...
![](https://cdn.snapi.dev/images/v1/p/u/press6-2065760.jpg)
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...
![](https://cdn.snapi.dev/images/v1/w/f/conf2-2045958.jpg)
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...
![](https://cdn.snapi.dev/images/v1/n/w/press16-2014716.jpg)
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...
![](https://cdn.snapi.dev/images/v1/p/r/press13-2010688.jpg)
Cabot Corp Reports Third Quarter Fiscal 2023 Results
BOSTON--(BUSINESS WIRE)--Cabot Corp Reports Third Quarter Fiscal 2023 Results.
![](https://cdn.snapi.dev/images/v1/d/h/conf1-1964604.jpg)
Cabot Corporation to Announce Third Quarter 2023 Operating Results
BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Third Quarter 2023 Operating Results.
![](https://cdn.snapi.dev/images/v1/i/b/press3-1949589.jpg)
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...
![](https://cdn.snapi.dev/images/v1/q/6/press5-1942330.jpg)
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...