Stock Rating Downgrade
Recently the Value Trend Rating for Cabot Corp (NYSE: CBT) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 9/20/24, Cabot Corp (NYSE: CBT) stock declined slightly by -0.8%, closing at $110.27. Moreover, this decline was accompanied by unusually high trading volume at 197% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 7.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CBT is expected to continue to be a major Value Builder.
Cabot has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Cabot has a slightly negative Appreciation Score of 38 but a very high Power Rating of 88, with the High Neutral Value Trend Rating the result.
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