Cabot Co. Sees Significant Decrease in Short Interest in June
July 22, 2023
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Cabot Corporation ($NYSE:CBT) is a multinational specialty chemicals and performance materials company. Recently, the company experienced a significant decrease in short interest in June. Short interest is a measure of the number of shares that have been sold short by investors, which means investors are betting that the stock’s price will fall. This could be an indication that the company has been able to improve its operations and has become more attractive to potential investors.
The company has also seen a rise in its stock price in the last few months, which could be another factor contributing to this decrease in short interest. This could be due to the company’s efforts to reduce costs, streamline operations, and improve its financial performance. It remains to be seen whether this optimism will continue into the future, but it certainly looks promising for now.
Price History
CABOT CORPORATION saw a significant decrease in short interest in June, with the stock opening Thursday at $70.0 and closing at $69.2. This represents a 0.5% decrease from the previous closing price of 69.5. This decrease in short interest reflects a negative sentiment towards the company, which could have a detrimental effect on its financial performance. As such, investors should be cautious when assessing the company’s potential outlook. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cabot Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 4.26k | 315 | 7.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cabot Corporation. More…
| Operations | Investing | Financing |
| 353 | -197 | -150 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cabot Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.52k | 2.29k | 19.57 |
Key Ratios Snapshot
Some of the financial key ratios for Cabot Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.1% | 29.6% | 13.0% |
| FCF Margin | ROE | ROA |
| 3.0% | 32.8% | 9.8% |
Analysis
The analysis revealed that CABOT CORPORATION is strong in dividend, profitability, and medium in asset and growth. Additionally, the company has a high health score of 8/10 with regard to its cashflows and debt, meaning that it is capable to safely ride out any crisis without the risk of bankruptcy. These positive attributes make CABOT CORPORATION an attractive investment opportunity for investors who are looking for a long-term and reliable source of income, as well as investors who value capital preservation and financial stability. Furthermore, its strong competitive advantage makes it ideal for investors who are looking for higher returns and potential capital appreciation. More…
Peers
This includes Zeon Corp, DIC Corp, and Kureha Corp, all of which have their own unique strengths and capabilities that pose a direct challenge to Cabot Corp’s leadership position. All four companies are striving to stay ahead of the curve and secure a competitive advantage in the market.
– Zeon Corp ($TSE:4205)
Zeon Corp is a diversified chemical company specializing in chemicals, plastics and synthetic rubbers. It has a market capitalization of 267.99B as of 2022, making it one of the largest chemical companies in the world. It also has an impressive Return on Equity (ROE) of 8.33%, which is higher than the average for the industry. This suggests that the company is efficiently using its resources to generate profits, and is an attractive investment for shareholders. The company has a broad portfolio of products and services, ranging from industrial materials to consumer products, and is well-positioned to benefit from the growth in the chemical industry.
– DIC Corp ($TSE:4631)
DIC Corp is a Japanese chemical company specializing in the production of chemicals, plastics, pigments, and printing inks. As of 2022, the company had a market cap of 231.43B and a Return on Equity (ROE) of 6.52%. DIC Corp’s market cap is indicative of its strong financial performance, as it has been able to generate high returns for its shareholders over the past few years. The company’s ROE is also a measure of its profitability, which suggests that DIC Corp is able to generate profits from the investments it makes. The company has been able to consistently grow its revenue and profits over the years, further demonstrating its strong fundamentals.
– Kureha Corp ($TSE:4023)
Kureha Corp is a diversified chemical company based in Japan. It produces a variety of products including plastics, rubber, and specialty chemicals. With a market cap of 173.31B as of 2022, Kureha Corp is a well-established company that is financially sound. Its Return on Equity (ROE) of 7.94% indicates that the company is able to generate a return on its investments that is higher than the average of the industry. This demonstrates Kureha Corp’s financial strength and shows that the company is well-positioned to continue to succeed in the future.
Summary
Cabot Corporation is a diversified global specialty chemicals and performance materials company with a portfolio of products that are used in a variety of industries, including adhesives, sealants, lubricants, rubber, plastics, and coatings. In June, Cabot Co. experienced a significant drop in short interest, which refers to the total number of shares that investors have sold short but have yet to be covered or closed out. This decrease in short interest could be indicative of a positive sentiment among investors who believe that the stock’s price will go up in the near future. Analysts recommend researching company news, financials, and evaluating recent stock performance to gain a better understanding of Cabot Co.’s stock potential.
