How to Buy Cabot Stock
Cabot Corp
Cabot is a specialty chemical company located in Massachusetts, United States, which is part of the Basic Materials sector, and is traded under the ticker CBT on the NYSE exchange.
Cabot stock last closed at $93.03, down 0.4% from the previous day, and has increased 30.46% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.2 percentage points. Cabot stock is currently +45.98% from its 52-week low of $63.73, and -5.4% from its 52-week high of $98.34.
As of Apr 25, 2024, there are 55.43M CBT shares outstanding. The market capitalization of CBT is $5.16B. In the past 24 hours, 190,777 CBT shares were traded.
How to Buy Cabot Stock
Not sure how to invest in Cabot stock? Here's how.
- Figure out where to buy Cabot stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Cabot stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your details.
- Research Cabot stock: The Cabot ticker symbol is CBT. Is Cabot stock a good investment? Should you buy shares of CBT? How do CBT's underlying business fundamentals look? Do top analysts think Cabot is a good buy? Why has CBT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CBT is a good stock to buy).
- Make your CBT buy order: Decide if you will purchase CBT shares at the current market price or use a limit order to purchase CBT stock at a given price.
- Monitor your CBT investment: Create a watchlist to get the latest news on your position in Cabot stock.
Step 1: Figure out where to buy Cabot stock
You need a brokerage account in order to access the NYSE market and buy CBT stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you can buy CBT today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on the best stock buying app, you need to deposit funds:
Watch the tutorial below if you need help transferring money into your brokerage account.
Step 4: Research Cabot stock
After you have identified the best place to buy Cabot stock, it's critical to evaluate their stock before you invest, so you truly wrap your head around the risk and opportunity.
Cabot stock at a glance
Cabot Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on CBT's stock page.
Is CBT stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CBT's fair value.
Using relative valuations ratios:
- CBT may be undervalued based on its P/E ratio of 12.02x, relative to Specialty Chemicals industry P/E ratio of 30.16x
- CBT may be overvalued based on its P/B ratio of 3.88x, relative to Specialty Chemicals industry P/B ratio of 3.34x
You can access additional valuation analysis on CBT's stock here.
CBT Financial Summary
Positive Financial Indicators:
- Total CBT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the CBT balance sheet.
- CBT's operating cash flow of $648.00M allows it to safely service it's debt of $1.31B.
- There are more short-term assets than long-term liabilities on the CBT balance sheet.
- CBT profit margin has gone up from 8.2% to 11.2% in the past year.
- CBT earnings of $517.00M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- CBT has a relatively high debt to equity ratio of 1.67.
Is CBT stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who give recommendations on CBT, the consensus analyst rating on Cabot is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Cabot stock forecast page.
CBT Momentum
CBT Performance Metrics
Last year, CBT earnings were $441.00M. During the past five year, CBT's earnings have grown by 43.77% per year. This was faster than the Specialty Chemicals industry average of 6.78%.
Last year, CBT revenue was $3.92B. During the past five year, CBT's revenue has increased by 3.26% per year. This was slower than the Specialty Chemicals industry average of 9.44%.
Learn more about CBT's earnings and revenue performance here.
Latest Insiders Trades at CBT
In the last 12 months, insiders at CBT have sold more shares than they have bought.
Hobart Kalkstein, Executive Vice President of CBT, was the latest CBT insider to sell. They sold $673,092.83 worth of CBT shares on Mar 7, 2024.
Learn more about who owns CBT stock here.
Does CBT stock generate passive income?
Cabot pays a dividend of 1.72%, compared to the Specialty Chemicals industry's average dividend yield of 3.5%. If you owned $1,000 worth of CBT stock, you would have been paid $17.20 last year.
Cabot dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Cabot dividend yield and history here.
CBT Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your CBT buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more help with investing in stocks on eToro, click the how to video below:
Step 6: Monitor your CBT investment
Now that you own some shares in CBT, you'll want to keep up with your investment.
Make a watchlist to get alerted to the latest events about your CBT stock.
CBT Feed
How to Buy Stock in Cabot
To reiterate, here are the 6 steps to buy Cabot stock:
- Figure out where to buy Cabot stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Cabot stock
- Make your CBT buy order
- Monitor your CBT investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Cabot, create your watchlist below.
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