|Bid||38.31 x 900|
|Ask||38.33 x 800|
|Day's Range||37.84 - 38.60|
|52 Week Range||37.11 - 67.02|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||10.57|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||1.40 (3.71%)|
|1y Target Est||48.25|
Cabot Corp. was downgraded to Hold Thursday by TheStreet's quantitative service, but it looks like a Sell on the charts. In this daily bar chart of CBT, below, we can see that prices have broken to a new low for the move down, breaking the lows of December, March and June. In this weekly bar chart of CBT, we went further back than our normal three years to show the "big picture." Any support below the market is old and unreliable.
Cabot (CBT) delivered earnings and revenue surprises of 0.00% and -2.27%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
In 2016 Sean Keohane was appointed CEO of Cabot Corporation (NYSE:CBT). This report will, first, examine the CEO...
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.
Cabot Corporation (NYSE:CBT), which is in the chemicals business, and is based in United States, saw a double-digit...
On Friday, July 12, 2019, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporation’s common stock.
Cabot Corporation announced today that it will release operating results for the third quarter fiscal 2019 on Monday, August 5, 2019 after market close. The Company will host a conference call and live webcast to review the third quarter results beginning at 2:00 pm on Tuesday, August 6, 2019.
Cabot Corporation (CBT) today announced the publication of its latest Sustainability Report, which details the Company’s sustainability progress and performance highlights during calendar year 2018. The report was developed in accordance with the Global Reporting Initiative Standards: Core Option and serves as a Communication on Progress in support of Cabot’s commitment to the United Nations Global Compact (UNGC). Cabot became a signatory to the UNGC in 2015 and remains committed to continuously improving the integration of the UNGC principles into Cabot’s corporate strategy, culture and operations.
Cabot Corporation (CBT) today announced that the Company has successfully closed the previously announced transaction to divest its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited, a wholly owned subsidiary of Sinomine Resource Group Co., Ltd., a joint stock public company based in China, principally engaged in the provision of geological exploration, mining investment and base metal chemical manufacturing. At closing, Cabot received $135 million with additional cash considerations that could include royalties of up to $5 million for lithium products, payable over a ten-year period.
Cabot Corporation (CBT) today announced that it priced a public offering of $300 million of 4.00% senior unsecured notes due 2029. Cabot will pay interest on the notes semiannually on January 1 and July 1 of each year, beginning January 1, 2020. Cabot intends to use the net proceeds of the offering to repay a portion of its outstanding commercial paper and the remainder, if any, for working capital and other general corporate purposes.
Moody's Investors Service has assigned a Baa2 rating to Cabot Corporation's (Baa2 stable) proposed senior unsecured notes. Cabot's Baa2 senior unsecured rating and stable outlook remain unaffected by the notes issuance. The proposed USD300 million notes will be used to repay a portion of Cabot's outstanding commercial paper, improving its liquidity and debt maturity profile.
Moody's Investors Service ("Moody's") says Cabot Corporation's (Baa2 stable) financial flexibility is likely to weaken as a result of recent corporate actions, including the arrangement of a new subsidiary debt and accelerated share repurchases, coupled with weaker earnings expectation due to a slowing economy. Cabot Corporation (Cabot) is a global supplier of commodity and specialty materials. Cabot's principal products are rubber and specialty grade carbon blacks, fumed metal oxides, inkjet colorants, aerogels, and cesium formate drilling fluids.
Today we'll evaluate Cabot Corporation (NYSE:CBT) to determine whether it could have potential as an investment idea...
Investment firm First Pacific Advisors (Trades, Portfolio) disclosed 10 new positions in its first-quarter portfolio, which was released earlier this month. Warning! GuruFocus has detected 1 Warning Sign with UNVR. Based on these criteria, the firm's top five new buys for the quarter were Univar Inc. (UNVR), Cabot Corp. (CBT), Cheesecake Factory Inc. (CAKE), LGI Homes Inc. (LGIH) and Vail Resorts Inc. (MTN).
Cabot Corp NYSE:CBTView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for CBT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.70 billion over the last one-month into ETFs that hold CBT are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.