Cabot (NYSE:CBT) Updates FY 2025 Earnings Guidance

Cabot (NYSE:CBT) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 7.150-7.500 for the period, compared to the consensus earnings per share estimate of 7.520. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

CBT has been the subject of a number of research reports. Mizuho cut their price objective on Cabot from $122.00 to $110.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. StockNews.com raised Cabot from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on shares of Cabot from $105.00 to $85.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Finally, UBS Group reduced their target price on shares of Cabot from $93.00 to $83.00 and set a “neutral” rating on the stock in a report on Monday, April 7th.

Cabot Trading Down 5.5 %

CBT stock traded down $4.23 during midday trading on Tuesday, hitting $73.28. The company had a trading volume of 162,367 shares, compared to its average volume of 395,587. The company has a current ratio of 2.00, a quick ratio of 1.29 and a debt-to-equity ratio of 0.72. Cabot has a 52 week low of $72.01 and a 52 week high of $117.46. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.74 and a beta of 0.91. The stock’s 50 day moving average price is $80.96 and its 200 day moving average price is $92.06.

Cabot (NYSE:CBT) last announced its quarterly earnings results on Monday, May 5th. The specialty chemicals company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.04. The business had revenue of $936.00 million during the quarter, compared to analysts’ expectations of $1.02 billion. Cabot had a net margin of 10.60% and a return on equity of 26.79%. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.78 EPS. As a group, equities research analysts expect that Cabot will post 7.57 earnings per share for the current fiscal year.

Cabot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.46%. This is an increase from Cabot’s previous quarterly dividend of $0.43. Cabot’s payout ratio is currently 22.84%.

About Cabot

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.