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Is Cabot (CBT) a Solid Growth Stock? 3 Reasons to Think "Yes"
Cabot Cabot (US:CBT) ZACKSยท2024-06-12 17:45

Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying stocks that can fulfill their potential is challenging [1] Group 1: Company Overview - Cabot (CBT) is recommended as a cutting-edge growth stock with a favorable Growth Score and a top Zacks Rank [2] - The historical EPS growth rate for Cabot is 18.4%, with projected EPS growth of 26.1% this year, significantly higher than the industry average of 10.3% [4] Group 2: Key Metrics - Cabot has an asset utilization ratio (sales-to-total-assets ratio) of 1.1, indicating it generates $1.1 in sales for every dollar in assets, outperforming the industry average of 0.73 [5] - The company's sales are expected to grow by 1.9% this year, compared to an industry average of 0% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Cabot have been revised upward, with the Zacks Consensus Estimate increasing by 0.1% over the past month [7] - Cabot has earned a Growth Score of A and carries a Zacks Rank 2 due to positive earnings estimate revisions [8] Group 4: Investment Potential - The combination of strong growth metrics and positive earnings revisions suggests that Cabot is a potential outperformer and a solid choice for growth investors [10]