Cabot Corp (CBT) EPS Estimated At $0.92

July 17, 2017 - By Darrin Black

 Cabot Corp (CBT) EPS Estimated At $0.92
Investors sentiment increased to 0.97 in Q4 2016. Its up 0.03, from 0.94 in 2016Q3. It improved, as 27 investors sold Cabot Corp shares while 96 reduced holdings. 37 funds opened positions while 82 raised stakes. 52.20 million shares or 1.06% less from 52.76 million shares in 2016Q3 were reported.
Millennium Mngmt Limited Company holds 0.04% or 379,181 shares in its portfolio. Hsbc Public Ltd reported 66,618 shares or 0.01% of all its holdings. California Pub Employees Retirement Sys reported 155,900 shares or 0.01% of all its holdings. Mngmt Professionals, Texas-based fund reported 104 shares. Vanguard Group reported 5.40 million shares. Hbk Invests L P reported 0.01% of its portfolio in Cabot Corp (NYSE:CBT). First Citizens National Bank & Trust & has invested 0.04% in Cabot Corp (NYSE:CBT). 81,312 are owned by Comerica Fincl Bank. Ls Investment Limited Liability Corporation holds 4,263 shares or 0.02% of its portfolio. Edge Asset Mngmt reported 0% stake. Blackrock Investment Ltd Liability Co has 217,985 shares. Commonwealth Financial Svcs stated it has 0.01% of its portfolio in Cabot Corp (NYSE:CBT). Us Fincl Bank De holds 0% or 18,787 shares in its portfolio. Mutual Of America Capital Management Lc has 0.05% invested in Cabot Corp (NYSE:CBT) for 47,884 shares. Texas Permanent School Fund, Texas-based fund reported 45,462 shares.

Since January 24, 2017, it had 0 buys, and 12 insider sales for $25.49 million activity. 7,529 shares valued at $437,938 were sold by Kalkstein Hobart on Friday, February 10. 92,562 shares valued at $5.39M were sold by Prevost Patrick M. on Friday, February 17. The insider Kelly James Patrick sold 2,500 shares worth $137,375. von Gottberg Friedrich sold $913,495 worth of stock. CORDEIRO EDUARDO E also sold $2.17M worth of Cabot Corp (NYSE:CBT) on Monday, February 6. Shares for $2.26 million were sold by BERUBE BRIAN A on Monday, February 6. Shares for $404,530 were sold by Cross Nicholas S..

Wall Street await Cabot Corp (NYSE:CBT) to release earnings on July, 26. Analysts forecast EPS of $0.92, down exactly $0.01 or 1.08 % from 2014’s $0.93 EPS. The expected CBT’s profit could reach $57.71 million giving the stock 14.86 P/E in the case that $0.92 earnings per share is reported. After posting $0.87 EPS for the previous quarter, Cabot Corp’s analysts now forecast 5.75 % EPS growth. The stock increased 1.62% or $0.87 during the last trading session, reaching $54.68. About 272,500 shares traded. Cabot Corp (NYSE:CBT) has risen 15.44% since July 18, 2016 and is uptrending. It has underperformed by 1.26% the S&P500.

Cabot Corp (NYSE:CBT) Ratings Coverage

Among 6 analysts covering Cabot (NYSE:CBT), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Cabot had 11 analyst reports since August 13, 2015 according to SRatingsIntel. Jefferies maintained the shares of CBT in report on Thursday, June 8 with “Buy” rating. The rating was initiated by BB&T Capital on Thursday, December 10 with “Buy”. The stock has “Neutral” rating by JP Morgan on Monday, March 14. Deutsche Bank maintained Cabot Corp (NYSE:CBT) rating on Friday, August 12. Deutsche Bank has “Hold” rating and $52 target. As per Monday, April 11, the company rating was downgraded by KeyBanc Capital Markets. The firm has “Hold” rating by Deutsche Bank given on Thursday, August 13. Zacks upgraded the shares of CBT in report on Tuesday, September 1 to “Sell” rating. The firm earned “Buy” rating on Wednesday, November 11 by Deutsche Bank. Jefferies maintained the stock with “Buy” rating in Thursday, July 13 report. As per Tuesday, August 2, the company rating was downgraded by SunTrust.

Cabot Corporation is a global specialty chemicals and performance materials company. The company has market cap of $3.43 billion. The Firm operates through four business divisions: reinforcement materials, performance chemicals, purification solutions and specialty fluids. It has a 14.69 P/E ratio. Reinforcement materials’ rubber grade carbon blacks are used to enhance the physical properties of the systems and applications in which they are incorporated.

More news for Cabot Corp (NYSE:CBT) were recently published by: Businesswire.com, which released: “Cabot Corporation Shares Sustainability Progress with Release of 2016 …” on July 11, 2017. Businesswire.com‘s article titled: “Cabot Corporation to Announce Third Quarter 2017 Operating Results” and published on July 07, 2017 is yet another important article.

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