Analyst Ratings for Cabot Corp. (CBT)Updated: 2017-07-28
Cabot Corp. (NYSE:CBT) was awarded an average rating of Overweight from investment analysts following the stock. Last month, CBT received an average rating of Overweight.
2 analysts declared CBT a buy, 1 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for CBT. The most optimistic price target was 68, which equates to a potential upside of 25.23 percent. The minimum price target given was 55, implying potential capital losses of 1.29 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.6 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -9.68 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.66 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
CBT has an estimated earnings growth rate of -6.51 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CBT has a PEG ratio of -2.25.
In the last 52-weeks, CBT has achieved a high of 61.34 and a low of 46.88. Today's price is 15.83 percent above the 52-week low, and below the high by 11.48 percent. CBT has a price/earnings ratio of 14.65. Investors typically compare the P/E ratio to a company's peers in the industry. The CBT value stock report compares CBT to some of its peers using value stock charts. The stock has a market capitalization of $3.4 billion. CBT's next earnings release will be on 0000-00-00, which is days away.