Cabot Corp. (CBT) Scheduled to Post Quarterly Earnings on Thursday
Cabot Corp. (NYSE:CBT) is scheduled to be releasing its Q114 earnings data on Thursday, January 30th. Analysts expect Cabot Corp. to post earnings of $0.71 per share and revenue of $854.67 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Cabot Corp. (NYSE:CBT) opened at 47.25 on Wednesday. Cabot Corp. has a 1-year low of $32.13 and a 1-year high of $52.43. The stock’s 50-day moving average is $50.26 and its 200-day moving average is $45.02. The company has a market cap of $3.028 billion and a price-to-earnings ratio of 20.03.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of 0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Wednesday, February 26th.
CBT has been the subject of a number of recent research reports. Analysts at Northcoast Research raised their price target on shares of Cabot Corp. from $52.00 to $60.00 in a research note to investors on Friday, January 24th. Analysts at Jefferies Group raised their price target on shares of Cabot Corp. from $57.00 to $61.00 in a research note to investors on Monday, January 6th. Three research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of $47.64.
Cabot Corporation (NYSE:CBT) is a global specialty chemicals and performance materials company.
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