Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $77.50 in the prior trading day, Cabot Corp (NYSE: CBT) closed at $72.47, down -6.49%. In other words, the price has decreased by -$6.49 from its previous closing price. On the day, 1.18 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CBT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.76.
On March 27, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $104.Mizuho initiated its Buy rating on March 27, 2024, with a $104 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 13 ’24 when Zhu Jeff Ji sold 14,566 shares for $113.25 per share. The transaction valued at 1,649,600 led to the insider holds 69,449 shares of the business.
Dumont Lisa M sold 865 shares of CBT for $96,655 on Nov 13 ’24. The VP, Controller & CAO now owns 9,742 shares after completing the transaction at $111.74 per share. On Nov 11 ’24, another insider, Kalkstein Hobart, who serves as the Executive Vice President of the company, sold 34,759 shares for $115.23 each. As a result, the insider received 4,005,182 and left with 50,627 shares of the company.
Valuation Measures:
As of this moment, Cabot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.38, and their Forward P/E ratio for the next fiscal year is 8.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 2.73.
Stock Price History:
Over the past 52 weeks, CBT has reached a high of $117.46, while it has fallen to a 52-week low of $73.63. The 50-Day Moving Average of the stock is -10.76%, while the 200-Day Moving Average is calculated to be -24.44%.
Shares Statistics:
A total of 53.70M shares are outstanding, with a floating share count of 53.45M. Insiders hold about 1.42% of the company’s shares, while institutions hold 97.48% stake in the company.
