EPS for Cabot Corporation (CBT) Expected At $1.00 as of May, 7

April 16, 2018 - By Georgina Andrews

Cabot Corporation (NYSE:CBT) Corporate Logo
During Q4 2017 the big money sentiment increased to 1.07. That’s change of 0.08, from 2017Q3’s 0.99. 16 investors sold all, 96 reduced holdings as Cabot Corporation ratio increased. 79 grew holdings while 41 funds took holdings. Funds hold 51.73 million shares thus 0.23% less from 2017Q3’s 51.85 million shares.
Amp Cap Ltd holds 0% of its capital in Cabot Corporation (NYSE:CBT) for 9,931 shs. Prelude Mngmt Ltd Llc has invested 0% in Cabot Corporation (NYSE:CBT). Dsam Prtn (London) Limited has 46,082 shs for 0.48% of their capital. Nomura Hldgs invested in 3,806 shs or 0% of the stock. Texas Permanent School Fund, a Texas-based fund reported 41,876 shs. Victory Capital Mngmt, Ohio-based fund reported 1.11M shs. Envestnet Asset Mgmt stated it has 8,320 shs. Lenox Wealth Advsrs holds 24 shs. Brandywine Glob Investment Mgmt Ltd Liability Co stated it has 179,259 shs or 0.07% of all its holdings. Wisconsin-based Northwestern Mutual Wealth Mngmt has invested 0% in Cabot Corporation (NYSE:CBT). Hillcrest Asset Mngmt Limited Liability holds 1.69% of its capital in Cabot Corporation (NYSE:CBT) for 152,385 shs. Highbridge Mngmt Lc invested in 0.02% or 16,432 shs. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 3,663 shs. Hsbc Plc reported 25,403 shs stake. Louisiana State Employees Retirement System reported 15,700 shs.

Cabot Corporation (NYSE:CBT) is awaited to report earnings on May, 7., according to Zacks. Analysts predict $1.00 EPS, which is $0.13 up or 14.94 % from 2017’s $0.87 EPS. If reported the P/E will be 13.95 with $61.80 million profit. Wall Street sees 7.53 % EPS growth as of May, 7. On during the last trading session the stock increased $0.88 or 1.59%, reaching $55.81.Cabot Corporation has volume of 51,141 shares. Since April 16, 2017 CBT has declined 5.91% and is downtrending. The stock underperformed the S&P500 by 17.46%.

Cabot Corporation (NYSE:CBT) Ratings Coverage

In total 8 analysts cover Cabot Corp (NYSE:CBT). “Buy” rating has 6, “Sell” are 0, while 2 are “Hold”. 75% are bullish. 9 are the (NYSE:CBT)’s analyst reports since October 31, 2017 according to StockzIntelligence Inc. On Tuesday, December 19 the stock of Cabot Corporation (NYSE:CBT) has “Buy” rating given by Suntrust Robinson. In Tuesday, December 19 report SunTrust upgraded the stock to “Buy” rating. In Thursday, February 8 report Jefferies maintained it with “Buy” rating and $78.0 target. The company rating was upgraded by Loop Capital on Friday, January 5. On Tuesday, October 31 KeyBanc Capital Markets maintained Cabot Corporation (NYSE:CBT) with “Hold” rating. On Thursday, November 2 the rating was maintained by Jefferies with “Buy”. On Monday, February 12 the stock has “Buy” rating by Northcoast.

Cabot Corporation operates as a specialty chemicals and performance materials company.The company has $3.45 billion market cap. The firm offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods.56.54 is the P/E ratio. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature gas and oil well construction.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.