Janney Montgomery Scott LLC Invests $308000 in Cabot Corporation
November 7, 2023
🌥️Trending News
Janney Montgomery Scott LLC recently invested a substantial sum of $308000 in Cabot Corporation ($NYSE:CBT), a leading international specialty chemicals and performance materials company. The company has been expanding its reach through strategic acquisitions and partnerships, while also investing heavily into research and development to stay ahead of the technological curve. Cabot Corporation has a long-term strategy for growth, which it believes will deliver strong returns for its shareholders in the long-term.
The company has recently announced an initiative to reduce its environmental footprint, and is making major investments into renewable energy sources and sustainability projects. The company is well positioned to continue its success as a global leader in specialty chemicals and performance materials.
Price History
On Friday, the stock opened at $68.0 and closed at $67.9 per share, a 1.7% increase from the previous closing price of $66.8. This suggests that investors are confident in the potential of CABOT CORPORATION moving forward, which is reflected in the positive uptrend of the stock’s performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cabot Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 4.08k | 300 | 7.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cabot Corporation. More…
| Operations | Investing | Financing |
| 562 | -226 | -355 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cabot Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.39k | 2.12k | 20.22 |
Key Ratios Snapshot
Some of the financial key ratios for Cabot Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.6% | 46.8% | 13.2% |
| FCF Margin | ROE | ROA |
| 7.5% | 30.3% | 10.0% |
Analysis
GoodWhale has conducted an analysis of CABOT CORPORATION‘s fundamentals. Our Star Chart indicates CABOT CORPORATION is strong in dividend, profitability, and medium in asset, growth. This has led us to classify CABOT CORPORATION as a ‘rhino’ – a type of company which has achieved moderate revenue or earnings growth. We believe that investors interested in a steady but not spectacular growth story would be well-suited to CABOT CORPORATION. The company has a high health score of 8/10 considering its cashflows and debt. This indicates that it is capable to pay off debt and fund future operations. More…
Peers
This includes Zeon Corp, DIC Corp, and Kureha Corp, all of which have their own unique strengths and capabilities that pose a direct challenge to Cabot Corp’s leadership position. All four companies are striving to stay ahead of the curve and secure a competitive advantage in the market.
– Zeon Corp ($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 an attractive investment opportunity for stockholders. Overall, Cabot Corporation is a sound investment and should be considered by potential investors.
