CBT

Cabot Corp.

Industrial/Transportation


Presented:02/13/2023
Price:$78.75
Cap:$4.44B
Current Price:$113.41
Cap:$6.22B

Presented

Date02/13/2023
Price$78.75
Market Cap$4.44B
Ent Value$5.16B
P/E Ratio12.83x
Book Value$17.92
Div Yield1.88%
Shares O/S56.33M
Ave Daily Vol313,208
Short Int2.09%

Current

Price$113.41
Market Cap$6.22B
Cabot Corp. is a global specialty chemicals and performance materials company. Its products are rubber and specialty grade carbon blacks, specialty compounds, fumed metal oxides, activated carbons, inkjet colorants, and aerogel. The company operates through the following segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The Reinforcement Materials segment involves the rubber blacks and elastomer composites product lines. The Performance Chemicals segment combines the specialty carbons and compounds and inkjet colorants product lines into the specialty carbons and formulations business. The Purification Solutions segment refers to the activated carbon business and the specialty fluids segment. The company was founded by Godfrey Lowell Cabot in 1882 and is headquartered in Boston, MA.

Publicly traded companies mentioned herein: Cabot Corporation (CBT)

Highlights

The presenter is long shares of Cabot Corporation (CBT), a global specialty chemicals and performance materials company supplying products into the automotive, industrial, packaging, infrastructure, agriculture, CPG, and electronics industries. CBT is a leading provider of reinforcing carbons, engineered materials, elastomer composites, specialty carbons, battery materials, and inkjet colorants. The presenter notes that the company is not well covered, with only five analysts covering the name, which he thinks provides an "off the radar" opportunity as the company benefits from carbon black demand and the growth of EVs.

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Idea Discussion

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