Cabot (NYSE:CBT) Releases FY 2025 Earnings Guidance

Cabot (NYSE:CBT) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 7.400-7.800 for the period, compared to the consensus EPS estimate of 7.640. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CBT shares. Mizuho dropped their price objective on shares of Cabot from $122.00 to $110.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. cut Cabot from a “neutral” rating to an “underweight” rating and set a $105.00 price objective for the company. in a research note on Monday, November 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $102.00.

Cabot Stock Down 2.0 %

Shares of CBT traded down $1.69 on Monday, reaching $84.78. The company’s stock had a trading volume of 508,941 shares, compared to its average volume of 356,931. Cabot has a twelve month low of $70.63 and a twelve month high of $117.46. The stock has a market capitalization of $4.60 billion, a PE ratio of 12.58, a PEG ratio of 0.74 and a beta of 1.19. The company has a current ratio of 2.08, a quick ratio of 1.36 and a debt-to-equity ratio of 0.68. The firm has a fifty day moving average of $95.85 and a 200-day moving average of $102.13.

Cabot (NYSE:CBT) last issued its quarterly earnings data on Monday, February 3rd. The specialty chemicals company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.74 by $0.02. Cabot had a return on equity of 26.60% and a net margin of 9.51%. Equities analysts predict that Cabot will post 7.67 EPS for the current year.

Cabot Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Friday, February 28th. Cabot’s dividend payout ratio is 25.52%.

Cabot declared that its board has approved a stock buyback program on Tuesday, December 3rd that permits the company to buyback 10,000,000 outstanding shares. This buyback authorization permits the specialty chemicals company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other Cabot news, EVP Jeff Ji Zhu sold 14,566 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $113.25, for a total value of $1,649,599.50. Following the transaction, the executive vice president now directly owns 69,449 shares in the company, valued at $7,865,099.25. The trade was a 17.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Hobart Kalkstein sold 34,759 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $115.23, for a total transaction of $4,005,279.57. Following the sale, the executive vice president now owns 50,627 shares of the company’s stock, valued at approximately $5,833,749.21. The trade was a 40.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,190 shares of company stock valued at $5,751,534 over the last three months. Corporate insiders own 3.03% of the company’s stock.

Cabot Company Profile

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.