Cabot Corporation (CBT)

Market Cap	6.04B
Revenue (ttm)	3.96B
Net Income (ttm)	470.00M
Shares Out	54.82M
EPS (ttm)	8.41
PE Ratio	13.05
Forward PE	14.37
Dividend	$1.72 (1.57%)
Ex-Dividend Date	Aug 30, 2024

Volume	90,037
Open	110.58
Previous Close	110.80
Day's Range	109.23 - 110.58
52-Week Range	65.10 - 113.12
Beta	1.18
Analysts	Buy
Price Target	101.75 (-7.57%)
Earnings Date	Nov 4, 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...

• Industry: Specialty Chemicals
• Sector: Materials
• Founded: 2019
• Employees: 4,300
• Stock Exchange: NYSE
• Ticker Symbol: CBT
• Website: https://www.cabotcorp.com

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 $437.00 million, an increase of 112.14%.

Analyst Forecast

According to 4 analysts, the average rating for CBT stock is "Buy." The 12-month stock price forecast is $101.75, which is a decrease of -7.57% from the latest price.

Price Target

$101.75

(-7.57% downside)

Analyst Consensus: Buy