CBT Stock - Cabot Corporation
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $3.71B | $3.99B | $3.93B | $4.32B | $3.41B |
| Gross Profit | $940.00M | $960.00M | $839.00M | $885.00M | $799.00M |
| Gross Margin | 25.3% | 24.0% | 21.3% | 20.5% | 23.4% |
| Operating Income | $621.00M | $614.00M | $526.00M | $389.00M | $454.00M |
| Net Income | $331.00M | $380.00M | $445.00M | $209.00M | $250.00M |
| Net Margin | 8.9% | 9.5% | 11.3% | 4.8% | 7.3% |
| EPS | $6.16 | $7.00 | $8.06 | $3.72 | $4.41 |
Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons 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. It also provides specialty carbons used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, infrastructure, agriculture, consumer products, and electronics industries; inkjet colorants used in the inkjet printing applications; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; fumed alumina used in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries; and aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications. In addition, the company offers activated carbon products used for the purification of water, air, food and beverages, pharmaceuticals, and other liquids and gases; and activated carbon solutions for activated carbon injection in coal-fired utilities, mobile water filter units, and carbon reactivation services. The company sells its products through distributors and sales representatives in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation was founded in 1882 and is headquartered in Boston, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 11th 2024 | JP Morgan | Downgrade | Underweight | $105 |
| April 18th 2024 | Deutsche Bank | Downgrade | Hold | - |
| March 27th 2024 | Mizuho | Initiation | Buy | $104 |
| January 8th 2024 | UBS | Downgrade | Neutral | $87← $90 |
| June 6th 2023 | JP Morgan | Downgrade | Neutral | $80← $87 |
| March 13th 2023 | Credit Suisse | Initiation | Outperform | $94 |
| November 16th 2022 | Deutsche Bank | Upgrade | Buy | $90← $80 |
Earnings History & Surprises
CBTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 2, 2026 | $1.40 | — | — | — |
Q4 2025 | Nov 3, 2025 | $1.72 | $1.70 | -1.2% | ✗ MISS |
Q3 2025 | Aug 4, 2025 | $1.80 | $1.90 | +5.6% | ✓ BEAT |
Q2 2025 | May 5, 2025 | $1.86 | $1.90 | +2.2% | ✓ BEAT |
Q1 2025 | Feb 3, 2025 | $1.74 | $1.76 | +1.1% | ✓ BEAT |
Q4 2024 | Nov 4, 2024 | $1.82 | $1.80 | -1.1% | ✗ MISS |
Q3 2024 | Aug 5, 2024 | $1.72 | $1.92 | +11.6% | ✓ BEAT |
Q2 2024 | May 6, 2024 | $1.66 | $1.78 | +7.2% | ✓ BEAT |
Q1 2024 | Feb 5, 2024 | $1.49 | $1.56 | +4.7% | ✓ BEAT |
Q4 2023 | Nov 6, 2023 | $1.47 | $1.65 | +12.2% | ✓ BEAT |
Q3 2023 | Aug 7, 2023 | $1.50 | $1.42 | -5.3% | ✗ MISS |
Q2 2023 | May 8, 2023 | $1.31 | $1.33 | +1.5% | ✓ BEAT |
Q1 2023 | Feb 9, 2023 | $0.97 | $0.98 | +1.0% | ✓ BEAT |
Q4 2022 | Nov 7, 2022 | $1.45 | $1.55 | +6.9% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $1.56 | $1.73 | +10.9% | ✓ BEAT |
Q2 2022 | May 2, 2022 | $1.42 | $1.69 | +19.0% | ✓ BEAT |
Q1 2022 | Jan 31, 2022 | $1.06 | $1.29 | +21.7% | ✓ BEAT |
Q4 2021 | Nov 8, 2021 | $1.02 | $1.11 | +8.8% | ✓ BEAT |
Q3 2021 | Aug 9, 2021 | $1.18 | $1.35 | +14.4% | ✓ BEAT |
Latest News
Mizuho Maintains Outperform on Cabot, Raises Price Target to $80
📈 PositiveJP Morgan Maintains Underweight on Cabot, Lowers Price Target to $54
📉 NegativeMizuho Maintains Outperform on Cabot, Lowers Price Target to $72
➖ NeutralUBS Maintains Neutral on Cabot, Lowers Price Target to $65
➖ NeutralCabot shares are trading lower after the company reported mixed Q4 financial results and issued FY26 adjusted EPS guidance below estimates.
📉 NegativeCabot shares are trading lower after the company reported mixed Q4 financial results and issued FY26 adjusted EPS guidance below estimates.
📉 NegativeCORRECTION: Cabot Sees FY2026 Adj EPS $6.00-$7.00 vs $7.23 Est
📉 NegativeCabot Q4 Adj. EPS $1.70 Beats $1.68 Estimate, Sales $899.000M Miss $960.763M Estimate
➖ NeutralMizuho Maintains Outperform on Cabot, Lowers Price Target to $88
➖ NeutralFrequently Asked Questions about CBT
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