Cabot (NYSE:CBT) Releases FY 2025 Earnings Guidance

by · The Cerbat Gem

Cabot (NYSE:CBT – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 7.400-7.800 for the period, compared to the consensus estimate of 7.060. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of research firms recently commented on CBT. JPMorgan Chase & Co. raised their price target on shares of Cabot from $95.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. UBS Group reduced their price objective on shares of Cabot from $103.00 to $98.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 6th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Cabot currently has a consensus rating of “Hold” and a consensus target price of $101.75.

View Our Latest Analysis on Cabot

Cabot Price Performance

Cabot stock traded up $1.07 during trading hours on Monday, reaching $110.09. 709,864 shares of the stock were exchanged, compared to its average volume of 336,001. The stock has a 50 day moving average of $108.20 and a two-hundred day moving average of $100.87. Cabot has a twelve month low of $66.02 and a twelve month high of $117.14. The company has a current ratio of 2.22, a quick ratio of 1.45 and a debt-to-equity ratio of 0.72. The company has a market cap of $6.04 billion, a P/E ratio of 13.15, a price-to-earnings-growth ratio of 0.90 and a beta of 1.20.

Cabot (NYSE:CBT – Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The specialty chemicals company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.20. Cabot had a net margin of 12.05% and a return on equity of 26.99%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the company posted $1.42 EPS. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. Equities analysts expect that Cabot will post 7.07 EPS for the current fiscal year.

Insider Activity

In other news, CEO Sean D. Keohane sold 25,617 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $101.55, for a total value of $2,601,406.35. Following the sale, the chief executive officer now directly owns 331,174 shares in the company, valued at approximately $33,630,719.70. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CFO Erica Mclaughlin sold 23,274 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $99.79, for a total value of $2,322,512.46. Following the completion of the transaction, the chief financial officer now owns 59,814 shares in the company, valued at $5,968,839.06. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sean D. Keohane sold 25,617 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $101.55, for a total transaction of $2,601,406.35. Following the completion of the transaction, the chief executive officer now owns 331,174 shares of the company’s stock, valued at approximately $33,630,719.70. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 71,939 shares of company stock worth $7,308,812. Corporate insiders own 3.07% of the company’s stock.

Cabot Company Profile

(Get Free Report)

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.

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