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Cabot Corporation (CBT)

NYSE: CBT · IEX Real-Time Price · USD
56.40 0.34 (0.61%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap3.20B
Revenue (ttm)3.41B
Net Income (ttm)250.00M
Shares Out56.80M
EPS (ttm)4.34
PE Ratio13.00
Forward PE10.21
Dividend$1.42 (2.52%)
Ex-Dividend DateNov 24, 2021
Volume221,617
Open56.32
Previous Close56.06
Day's Range55.89 - 56.94
52-Week Range40.91 - 65.25
Beta1.64
AnalystsBuy
Price Target72.67 (+28.8%)
Earnings DateNov 8, 2021

About CBT

Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons 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. It also provides specialty carbons used in inks, coatings, plastics, adhesives, toners, batteries, and displays...

IndustryChemicals
Founded2019
CEOSean Keohane
Employees4,500
Stock ExchangeNYSE
Ticker SymbolCBT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for Cabot stock is "Buy." The 12-month stock price forecast is 72.67, which is an increase of 28.85% from the latest price.

Price Target
$72.67
(28.85% upside)
Analyst Consensus: Buy

News

Cabot Corporation Named by Newsweek as One of America's Most Responsible Companies

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT), a leading global specialty chemicals and performance materials company, today announced it has been named one of America's Most Responsible Compan...

6 days ago - Business Wire

Cabot Corporation Announces Ambition of Achieving Net Zero Carbon Emissions Globally by 2050

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced it is joining other leading companies in the global movement to align its sustainability agenda with the Paris Climate Agreement to...

6 days ago - Business Wire

Cabot Corporation Highlights Growth Strategy and 3-Year Financial Targets at Investor Day

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) will host its 2021 Investor Day today in Boston, MA. Sean Keohane, President and Chief Executive Officer, and other members of the executive team, ...

6 days ago - Business Wire

Cabot Corporation Collaborates with IFF Health and Biosciences to Develop Sustainable Reinforcing Additives

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced it has signed a Memorandum of Understanding (MOU) with IFF Health and Biosciences, a leader in world-class bio-science and engineering, f...

1 week ago - Business Wire

Cabot (CBT) to Divest Purification Solutions Unit for $111M

Cabot (CBT) announces the selling off of its Purification Solutions business to One Equity Partners to divert resources to areas that promise strong growth and innovation.

1 week ago - Zacks Investment Research

One Equity Partners to Acquire Norit Activated Carbon

NEW YORK--(BUSINESS WIRE)--One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has signed an agreement to acquire Norit Activated Carbon (“Norit” or “the Company”),...

1 week ago - Business Wire

Cabot Corporation Signs Agreement to Divest Purification Solutions Business

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced today that the company entered into an agreement to sell its Purification Solutions business to One Equity Partners, a middle market priv...

1 week ago - Business Wire

Cabot Corporation Announces Acquisition of Tokai Carbon (Tianjin) Co., Ltd Carbon Black Plant in China

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced that it has entered a definitive agreement to acquire Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon Group for $9 million, subject to ...

3 weeks ago - Business Wire

Cabot Corporation Board Declares Dividend

BOSTON--(BUSINESS WIRE)--On Friday, November 12, 2021, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.37 per share on all outstanding shares of the Corporatio...

3 weeks ago - Business Wire

Cabot Corporation Recognized by Investor's Business Daily as One of the 100 Best ESG Companies

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced it has been named to Investor's Business Daily's (IBD) 100 Best ESG Companies of 2021 list. The third annual list recognizes companies wi...

3 weeks ago - Business Wire

Cabot's (CBT) Q4 Earnings Beat Estimates, Revenues Lag

Cabot's (CBT) Q4 results benefit from higher volumes and strong pricing in the Reinforcement Material segment.

4 weeks ago - Zacks Investment Research

Recap: Cabot Q4 Earnings

Cabot (NYSE:CBT) reported its Q4 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

1 month ago - Benzinga

Cabot Corp Reports Fourth Quarter Diluted EPS of $0.50 and Adjusted EPS of $1.11

BOSTON--(BUSINESS WIRE)--Cabot Corp Reports Fourth Quarter and Full Fiscal Year 2021 Results

1 month ago - Business Wire

Cabot (CBT) Reports Next Week: Wall Street Expects Earnings Growth

Cabot (CBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Cabot Corporation Launches New Carbon Black with Low Polycyclic Aromatic Hydrocarbon (PAH) Content

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced the launch of VULCAN® 3-LP carbon black, a new low polycyclic aromatic hydrocarbon (PAH) product for rubber applications. VULCAN 3-LP car...

1 month ago - Business Wire

Cabot Corporation Selects Cognizant to Transform its Digital Operating Model

TEANECK, N.J., Oct. 26, 2021 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today a new business engagement with leading global specialty chemicals and performance materials company Cabot Corporatio...

Other symbols:CTSH
1 month ago - PRNewsWire

Is Cabot (CBT) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Cabot Corporation to Announce Fourth Quarter 2021 Operating Results

BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce Fourth Quarter 2021 Operating Results

2 months ago - Business Wire

Here's Why You Should Invest In Cabot (CBT) Stock Now

Cabot (CBT) gains on a recovery in demand, its disciplined execution of operations and targeted growth initiatives.

2 months ago - Zacks Investment Research

Cabot Corporation to Host 2021 Investor Day

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced today that it will host an Investor Day on Thursday, December 2, 2021, at 9:30 a.m. Eastern Time. Sean D. Keohane, President and CEO, and...

2 months ago - Business Wire

Cabot Corporation Board of Directors Member Christine Yan Recognized as Recipient of 2021 Outstanding 50 Asian Americ...

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) is proud to announce that board member, Christine Yan was selected as a recipient of the 2021 Outstanding 50 Asian Americans in Business Award. Est...

2 months ago - Business Wire

Cabot (CBT) Down 2.7% Since Last Earnings Report: Can It Rebound?

Cabot (CBT) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Cabot (CBT) Shares Up 18% YTD: What's Driving the Stock?

Cabot (CBT) is gaining from growth initiatives and strength in demand and volumes across regions.

3 months ago - Zacks Investment Research

Cabot (CBT) Earnings and Revenues Surpass Estimates in Q3

Cabot (CBT) reports impressive fiscal third-quarter results led by robust demand and volume strength across segments and favorable impacts of pricing.

3 months ago - Zacks Investment Research

Cabot (CBT) Beats Q3 Earnings and Revenue Estimates

Cabot (CBT) delivered earnings and revenue surprises of 13.45% and 8.71%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research