Cabot (CBT)
(Delayed Data from NYSE)
$110.27 USD
-0.92 (-0.83%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $110.28 +0.01 (0.01%) 7:58 PM ET
2-Buy of 5 2
A Value A Growth F Momentum A VGM
Company Summary
Boston, MA-based Cabot Corporation is a leading global specialty chemicals and performance materials company. The company offer a broad range of products and solutions to customers in every corner of the planet, catering to major industries such as transportation, infrastructure, environment and consumer. Its major products include rubber and specialty grade carbon blacks, specialty compounds, activated carbons, fumed metal oxides, inkjet colorants, aerogel and cesium formate drilling fluids.
Cabot operates through two segments – Reinforcement Materials and Performance Chemicals. The company generated sales of around $3,931 million in fiscal 2023, down around 9% year over year.
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Company Summary
Boston, MA-based Cabot Corporation is a leading global specialty chemicals and performance materials company. The company offer a broad range of products and solutions to customers in every corner of the planet, catering to major industries such as transportation, infrastructure, environment and consumer. Its major products include rubber and specialty grade carbon blacks, specialty compounds, activated carbons, fumed metal oxides, inkjet colorants, aerogel and cesium formate drilling fluids.
Cabot operates through two segments – Reinforcement Materials and Performance Chemicals. The company generated sales of around $3,931 million in fiscal 2023, down around 9% year over year.
Reinforcement Materials (65% of fiscal 2023 sales): The segment makes rubber-grade carbon blacks as well as compounds of carbon black and rubber using the company’s patented elastomer composites manufacturing process.
Performance Chemicals (31%): The segment comprises specialty carbons and formulations business and metal oxides business. The specialty carbons and formulations business makes and markets specialty grades of carbon black, specialty compounds and inkjet colorants. The metal oxides business makes and markets fumed silica, fumed alumina and aerogel.
The company, in March 2022, completed the divestiture of its Purification Solutions segment to One Equity Partners, a private equity firm. The business generated $97 million in revenues in fiscal 2022. The divestment allows Cabot to invest resources to strengthen the core business segments. Moreover, it allows it to deliver strategic growth plans as outlined in its ‘Creating for Tomorrow’ strategy.
In June 2019, the company successfully closed the divestiture of its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited for $135 million. The transaction enables the company to focus on growth opportunities in core businesses and execute the ‘Advancing the Core’ strategy.
General Information
Cabot Corporation
TWO SEAPORT LANE SUITE 1400
BOSTON, MA 02210
Phone: 617-345-0100
Fax: 617-342-6103
Web: http://www.cabot-corp.com
Email: steve.delahunt@cabotcorp.com
Industry | Chemical - Diversified |
Sector | Basic Materials |
Fiscal Year End | September |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/4/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.82 |
Current Year EPS Consensus Estimate | 7.07 |
Estimated Long-Term EPS Growth Rate | 15.30 |
Exp Earnings Date | 11/4/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 111.19 |
52 Week High | 111.64 |
52 Week Low | 65.10 |
Beta | 1.19 |
20 Day Moving Average | 314,922.19 |
Target Price Consensus | 106.83 |
4 Week | 5.78 |
12 Week | 20.00 |
YTD | 32.06 |
4 Week | 4.52 |
12 Week | 14.91 |
YTD | 10.46 |
Shares Outstanding (millions) | 54.82 |
Market Capitalization (millions) | 6,045.42 |
Short Ratio | NA |
Last Split Date | 3/25/1996 |
Dividend Yield | 1.56% |
Annual Dividend | $1.72 |
Payout Ratio | 0.25 |
Change in Payout Ratio | -0.10 |
Last Dividend Payout / Amount | 8/30/2024 / $0.43 |
Fundamental Ratios
P/E (F1) | 15.60 |
Trailing 12 Months | 15.96 |
PEG Ratio | 1.02 |
vs. Previous Year | 35.21% |
vs. Previous Quarter | 7.87% |
vs. Previous Year | 4.96% |
vs. Previous Quarter | -0.29% |
Price/Book | 4.07 |
Price/Cash Flow | 13.52 |
Price / Sales | 1.53 |
6/30/24 | 26.99 |
3/31/24 | 26.21 |
12/31/23 | 25.84 |
6/30/24 | 10.92 |
3/31/24 | 10.32 |
12/31/23 | 9.73 |
6/30/24 | 2.22 |
3/31/24 | 2.24 |
12/31/23 | 1.98 |
6/30/24 | 1.45 |
3/31/24 | 1.47 |
12/31/23 | 1.30 |
6/30/24 | 9.92 |
3/31/24 | 9.36 |
12/31/23 | 8.75 |
6/30/24 | 12.05 |
3/31/24 | 11.51 |
12/31/23 | 11.24 |
6/30/24 | 13.16 |
3/31/24 | 12.61 |
12/31/23 | 11.75 |
6/30/24 | 27.07 |
3/31/24 | 27.19 |
12/31/23 | 25.38 |
6/30/24 | 5.30 |
3/31/24 | 5.18 |
12/31/23 | 5.11 |
6/30/24 | 0.72 |
3/31/24 | 0.72 |
12/31/23 | 0.78 |
6/30/24 | 41.99 |
3/31/24 | 41.93 |
12/31/23 | 43.74 |