Stock Chatter: A Look into Cabot Corporation (NYSE:CBT) Shares

Cabot Corporation (NYSE:CBT) currently has an Average Broker Rating of 1.5. The ABR rank within the industry stands at 140. This number is based on the 8 sell-side firms polled by Zacks.  

Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR. 

As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. The benefit is that you quickly get a snapshot of where Wall Street stands on a stock without having to read a mountain of research reports.

Broker recommendations are made by brokerage firms (for example, JP Morgan) and are not an outright recommendation to buy or sell a share, but instead give an indication of how the broker thinks the company will perform relative to its sector. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. Each brokerage firm has its own way of rating that may make it difficult to compare broker recommendations between the brokerage houses.

For example, at one brokerage “buy” may be the strongest recommendation, while at another “buy” could be second to a “strong buy” rating. The second-highest ratings also have a number of different other names: “accumulate”, “outperform”, “moderate buy” or “overweight”.

Analysts on a consensus basis are expecting that the stock will reach $52.57 within the year.

It may be difficult for many investors to decide the right time to buy or sell a stock. Veteran investors may seem like they have it all figured out, and amateurs may feel like they are swimming upstream. Seasoned traders may have spent many years monitoring market ebbs and flows. Knowing when to take profits or cut losses can be a tough skill to achieve. It might be hard letting go of a well researched stock that hasn’t been performing well. Being able to exit a trade that has gone south can be a portfolio saver in the long run.

Research analysts are predicting that Cabot Corporation (NYSE:CBT) will report earnings of $1.12 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Cabot Corporation (NYSE:CBT) closed the last session at $42.16 and sees an average of 316911.81 shares trade hands in each session. The 52-week low of the stock stands at $37.69 while the current level stands at 15.96% of the 52-week High-Low range. Looking further out we can see that the stock has moved -10.18% over the past 12 weeks and -1.82% year to date.

Most recently Cabot Corporation (NYSE:CBT) posted quarterly earnings of $1 which compared to the sell-side estimates of 1. The stock’s 12-month trailing earnings per share stands at $3.86. Shares have moved $4.88 over the past month and more recently, $6.82 over the past week heading into the earnings announcement. There are 6 analyst projections that were taken into consideration from respected brokerage firms.

Investors are always striving to locate the next great stock to add to the portfolio. Finding that next winner may involve some dedicated research and perseverance. Sorting through the immense amount of information about public companies can be a chore. Many sharp investors will attack the equity markets from many various angles. This may encompass keeping close tabs on fundamental and technical data. This may also include monitoring analyst opinions and tracking institutional transactions.  

6 analysts rate Cabot Corporation a Buy or Strong Buy, which is 75% of all the analyst ratings.

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