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Calumet Specialty Products (CLMT)
NASDAQ:CLMT
RESEARCH TOOLSreports
Calumet Specialty Products (CLMT) Stock Price & Analysis
310 Followers
CLMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.91 - $19.91
Previous Close$15.37
Volume163.94K
Average Volume (3M)124.81K
Market Cap
$1.23B
Enterprise Value$3.47B
Total Cash (Recent Filing)$7.90M
Total Debt (Recent Filing)$2.00B
Price to Earnings (P/E)19.3
Beta1.09
Next Earnings
May 03, 2024EPS Estimate
-$0.82Last Dividend Ex-Date
Jan 29, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)0.80
Shares Outstanding80,223,093
10 Day Avg. Volume115,874
30 Day Avg. Volume124,805
Standard Deviation0.23
R-Squared0.16
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)-1.75
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)-40.10
P/FCF Ratio7.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.83
Enterprise Value/Gross Profit7.68
Enterprise Value/Ebitda15.71
Forecast
1Y Price Target
$21.75Price Target Upside34.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Calumet Specialty Products News
PremiumCompany Announcements
Calumet Specialty Products Announces Executive Financial Shift
Bulls Say, Bears Say
Bulls Say
Facility ProductionRenewable Diesel (RD) and Sustainable Aviation Fuel (SAF) production facility in Great Falls is now producing around 12,000-13,000bpd with further ramp expected.
Financial PerformanceSpecialty Products and Performance Brands have potential for future revenue growth and margin improvement.
Strategic AdvantagesMRL location provides multiple strategic advantages including access to key markets and feedstock, positioning the company to capture above average margins for SAF offering.
Bears Say
Earnings DowngradeEarnings estimates for Q1'24 and FY'24 have been lowered due to seasonal factors and the timing effects of higher cost renewable diesel feedstock.
Monetization DelayThe company's plan to monetize the MR business has been delayed, with a potential IPO now pushed out to mid-2024.
Operational ChallengesOperational issues at Shreveport and Montana Renewables facilities impacted the company's quarterly results.
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Ownership Overview
57.41% Insiders
1.55% Mutual Funds
6.92% Other Institutional Investors
34.12% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CLMT FAQ
What was Calumet Specialty Products’s price range in the past 12 months?
Calumet Specialty Products lowest stock price was $11.91 and its highest was $19.91 in the past 12 months.
What is Calumet Specialty Products’s market cap?
Currently, no data Available
When is Calumet Specialty Products’s upcoming earnings report date?
Calumet Specialty Products’s upcoming earnings report date is May 03, 2024 which is in 8 days.
How were Calumet Specialty Products’s earnings last quarter?
Calumet Specialty Products released its earnings results on Feb 23, 2024. The company reported -$0.59 earnings per share for the quarter, missing the consensus estimate of -$0.192 by -$0.398.
Is Calumet Specialty Products overvalued?
According to Wall Street analysts Calumet Specialty Products’s price is currently Undervalued.
Does Calumet Specialty Products pay dividends?
Calumet Specialty Products pays a Quarterly dividend of $0.69 which represents an annual dividend yield of N/A. See more information on Calumet Specialty Products dividends here
What is Calumet Specialty Products’s EPS estimate?
Calumet Specialty Products’s EPS estimate is -$0.82.
How many shares outstanding does Calumet Specialty Products have?
Calumet Specialty Products has 80,223,090 shares outstanding.
What happened to Calumet Specialty Products’s price movement after its last earnings report?
Calumet Specialty Products reported an EPS of -$0.59 in its last earnings report, missing expectations of -$0.192. Following the earnings report the stock price went down -3.544%.
Which hedge fund is a major shareholder of Calumet Specialty Products?
Among the largest hedge funds holding Calumet Specialty Products’s share is Evermore Global Advisors, Llc. It holds Calumet Specialty Products’s shares valued at 14M.
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Calumet Specialty Products Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$21.75 (34.26% Upside)
$21.75 (34.26% Upside)
Blogger Sentiment
Bullish
CLMT Sentiment 100%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.4%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.26%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
0.35%
Trailing 12-Months
Company Description
Calumet Specialty Products
Calumet Specialty Products Partners LP engages in the production of specialty hydrocarbon products. It operates through the following the Specialty Products and Fuel Products segments. The Specialty Products segment produces a variety of lubricating oils, solvents, waxes, synthetic lubricants, and other products for automotive, industrial, and consumer goods; and includes synthetic lubricants used in manufacturing, mining, and automotive applications. The Fuel Products segment involves in processing of crude oil into a variety of fuel and fuel-related products, including unleaded gasoline, diesel, and jet fuel. The company was founded on September 27, 2005 and is headquartered in Indianapolis, IN.
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CLMT Company Deck
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CLMT Earnings Call
Q4 2024
0:00 / 0:00
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CLMT Stock 12 Months Forecast
Average Price Target
$21.75
▲(34.26% Upside)
Technical Analysis
Best Analysts Covering CLMT
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+14.29%
reiterated a buy rating 9 days ago
Copying Roger Read's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +14.29% per trade.
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