Analyst Expects Cabot Corp. (NYSE: CBT) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, CBT falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. The current market capitalization of Cabot Corp. is $5.34B. A total of 0.51 million shares were traded on the day, compared to an average of 337.11K shares.

In the most recent transaction, Kalkstein Hobart sold 12,000 shares of CBT for 101.55 per share on May 16 ’24. After the transaction, the Executive Vice President now owns 61,688 company shares. In a previous transaction on May 15 ’24, Kalkstein Hobart sold 187 shares at 103.00 per share. CBT shares that Executive Vice President owns now total 61,688.

Among the insiders who sold shares, Kalita Karen A disposed of 13,764 shares on May 10 ’24 at a per-share price of $101.73. This resulted in the SVP and General Counsel holding 34,312 shares of CBT after the transaction. In another insider transaction, Kalkstein Hobart sold 7,648 shares at $88.01 per share on Mar 07 ’24. Company shares held by the Executive Vice President now total 61,688.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cabot Corp. pays an annual dividend of $1.63, resulting in a dividend yield of 1.69%, and it has a price to earnings (P/E) ratio of 12.17. CBT’s most recent ex-dividend date was 8/30/2024 when it declared a $0.43 quarterly dividend that was paid in cash on 9/13/2024. Previously, the company paid the dividend on 6/14/2024 with an ex-dividend date of 5/31/2024. The CBT stock dividend was $0.43 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CBT has a high of $103.49 and a low of $64.51.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CBT’s latest balance sheet shows that the firm has $168.00M in Cash & Short Term Investments as of fiscal 2021. There were $1.25B in debt and $1.15B in liabilities at the time. Its Book Value Per Share was $24.74, while its Total Shareholder’s Equity was $1.09B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CBT is Buy with a score of 4.00.

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