Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $91.58 in the prior trading day, Cabot Corp (NYSE: CBT) closed at $89.41, down -2.37%. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 0.5 million shares were traded. CBT stock price reached its highest trading level at $92.15 during the session, while it also had its lowest trading level at $88.535.
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 21.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.82.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CBT now has a Market Capitalization of 4863385600 and an Enterprise Value of 5936717312. As of this moment, Cabot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.21, and their Forward P/E ratio for the next fiscal year is 10.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at 1.486 whereas that against EBITDA is 7.601.
Stock Price History:
The Beta on a monthly basis for CBT is 1.18, which has changed by 0.24497008 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, CBT has reached a high of $117.46, while it has fallen to a 52-week low of $70.63. The 50-Day Moving Average of the stock is -10.77%, while the 200-Day Moving Average is calculated to be -11.24%.
Shares Statistics:
The stock has traded on average 399.49K shares per day over the past 3-months and 318910 shares per day over the last 10 days, according to various share statistics. A total of 54.30M shares are outstanding, with a floating share count of 53.55M. Insiders hold about 1.55% of the company’s shares, while institutions hold 95.57% stake in the company. Shares short for CBT as of 1735603200 were 2295684 with a Short Ratio of 5.75, compared to 1732838400 on 2288875. Therefore, it implies a Short% of Shares Outstanding of 2295684 and a Short% of Float of 5.6599997.
Dividends & Splits
In the trailing 12 months, CBT’s forward annual dividend rate was 1.66, compared to 1.69 this year. Against a Trailing Annual Dividend Yield of 0.018126227The stock’s 5-year Average Dividend Yield is 2.48. The current Payout Ratio is 24.72% for CBT, which recently paid a dividend on 2024-11-29 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 1996-03-25 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 3.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $1.93, with high estimates of $1.96 and low estimates of $1.92.
Analysts are recommending an EPS of between $7.75 and $7.6 for the fiscal current year, implying an average EPS of $7.64. EPS for the following year is $8.37, with 5.0 analysts recommending between $8.45 and $8.2.
Revenue Estimates
3 analysts predict $997.1M in revenue for the current quarter. It ranges from a high estimate of $1.03B to a low estimate of $971.31M. As of the current estimate, Cabot Corp’s year-ago sales were $958MFor the next quarter, 3 analysts are estimating revenue of $1.06B. There is a high estimate of $1.07B for the next quarter, whereas the lowest estimate is $1.05B.
A total of 5 analysts have provided revenue estimates for CBT’s current fiscal year. The highest revenue estimate was $4.23B, while the lowest revenue estimate was $4.11B, resulting in an average revenue estimate of $4.17B. In the same quarter a year ago, actual revenue was $3.99BBased on 5 analysts’ estimates, the company’s revenue will be $4.32B in the next fiscal year. The high estimate is $4.4B and the low estimate is $4.22B.
