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Culp, Inc. (CULP) EPS Estimated At $0.43; Cabot Has 1.07 Sentiment

Cabot Corporation (NYSE:CBT) Logo

Cabot Corp (CBT) investors sentiment increased to 1.07 in 2017 Q4. It’s up 0.08, from 0.99 in 2017Q3. The ratio is more positive, as 120 investment professionals increased and started new positions, while 112 sold and reduced holdings in Cabot Corp. The investment professionals in our database now have: 51.73 million shares, down from 51.85 million shares in 2017Q3. Also, the number of investment professionals holding Cabot Corp in top ten positions increased from 2 to 3 for an increase of 1. Sold All: 16 Reduced: 96 Increased: 79 New Position: 41.

Analysts expect Culp, Inc. (NYSE:CULP) to report $0.43 EPS on June, 12.They anticipate $0.06 EPS change or 12.24% from last quarter’s $0.49 EPS. CULP’s profit would be $5.35M giving it 17.94 P/E if the $0.43 EPS is correct. After having $0.42 EPS previously, Culp, Inc.’s analysts see 2.38% EPS growth. The stock decreased 0.64% or $0.2 during the last trading session, reaching $30.85. About 11,753 shares traded. Culp, Inc. (NYSE:CULP) has declined 0.82% since May 21, 2017 and is downtrending. It has underperformed by 12.37% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 3 insider sales for $9.18 million activity.

The stock decreased 1.37% or $0.84 during the last trading session, reaching $60.57. About 606,491 shares traded or 24.80% up from the average. Cabot Corporation (CBT) has declined 5.91% since May 21, 2017 and is downtrending. It has underperformed by 17.46% the S&P500.

Analysts await Cabot Corporation (NYSE:CBT) to report earnings on August, 7. They expect $1.02 earnings per share, up 25.93% or $0.21 from last year’s $0.81 per share. CBT’s profit will be $63.05 million for 14.85 P/E if the $1.02 EPS becomes a reality. After $1.04 actual earnings per share reported by Cabot Corporation for the previous quarter, Wall Street now forecasts -1.92% negative EPS growth.

Cabot holds 13.4% of its portfolio in Cabot Corporation for 357,537 shares. Fiduciary Trust Co owns 1.16 million shares or 2.12% of their US portfolio. Moreover, Snyder Capital Management L P has 1.99% invested in the company for 647,807 shares. The Kansas-based Dean Capital Management has invested 1.93% in the stock. Hillcrest Asset Management Llc, a Texas-based fund reported 152,385 shares.

Cabot Corporation operates as a specialty chemicals and performance materials company. The company has market cap of $3.74 billion. The firm offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods. It has a 61.37 P/E ratio. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature gas and oil well construction.

Culp, Inc. (NYSE:CULP) Institutional Positions Chart

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