Cabot Corp (NYSE: CBT) has reported earnings for its fourth fiscal quarter (ending September 30) of $2.43 versus $4.13 for the same period a year ago — a decline of -41%. For the latest four quarters through September 30, E.P.S. were $6.72 versus $7.79 for the same period a year ago — a decline of -14%.
Recent Price Action
On 11/4/24, Cabot Corp (NYSE: CBT) stock rose modestly by 1.0%, closing at $110.09. Moreover, this advance was accompanied by exceptionally high trading volume at 218% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 0.8% 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 contradictory signals. Cabot has a slightly negative Appreciation Score of 39 but a good Power Rating of 82, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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