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Calumet Specialty Products (CLMT)
NASDAQ:CLMT
RESEARCH TOOLSreports
Calumet Specialty Products (CLMT) Stock Price & Analysis
315 Followers
CLMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.91 - $19.91
Previous Close$16.13
Volume62.85K
Average Volume (3M)100.26K
Market Cap
$1.30B
Enterprise Value$3.60B
Total Cash (Recent Filing)$23.90M
Total Debt (Recent Filing)$2.08B
Price to Earnings (P/E)―
Beta0.85
Next Earnings
Aug 02, 2024EPS Estimate
-$0.4Last Dividend Ex-Date
Jan 29, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding80,388,555
10 Day Avg. Volume76,276
30 Day Avg. Volume100,259
Standard Deviation0.23
R-Squared0.18
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)-2.49
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)-3.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.87
Enterprise Value/Gross Profit7.97
Enterprise Value/Ebitda17.23
Forecast
1Y Price Target
$23.33Price Target Upside46.73% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Calumet Specialty Products News
Bulls Say, Bears Say
Bulls Say
Corporate StructureThe upcoming C-Corp conversion is expected to be favorable for unit holders on tax and liquidity bases.
Investor InterestIncreased ownership by active investors is likely after the C-Corp conversion.
Revenue GrowthThe company's Specialty Products and Performance Brands have potential for future revenue growth and margin improvement.
Bears Say
EarningsAdjusted EBITDA was significantly lower at $21.6M in 1Q24 compared to $77.3M in the same quarter the previous year.
Financial PerformanceThe company experienced a net loss available to limited partners of $41.6M in 1Q24, in contrast to a net profit of $18.6M in 1Q23.
ProfitabilityCalumet reported a gross profit of $85.3M in 1Q24 compared to $109.9M in 1Q23, indicating a decrease in profitability.
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Ownership Overview
57.37% Insiders
1.51% Mutual Funds
23.14% Other Institutional Investors
17.98% 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 Aug 02, 2024 which is in 30 days.
How were Calumet Specialty Products’s earnings last quarter?
Calumet Specialty Products released its earnings results on May 10, 2024. The company reported -$0.51 earnings per share for the quarter, beating the consensus estimate of -$0.817 by $0.307.
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 -$0.4.
How many shares outstanding does Calumet Specialty Products have?
Calumet Specialty Products has 80,388,560 shares outstanding.
What happened to Calumet Specialty Products’s price movement after its last earnings report?
Calumet Specialty Products reported an EPS of -$0.51 in its last earnings report, beating expectations of -$0.817. Following the earnings report the stock price went down -1.176%.
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 12M.
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Calumet Specialty Products Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$23.33 (46.73% Upside)
$23.33 (46.73% Upside)
Blogger Sentiment
Bullish
CLMT Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $167.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.70%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-1.19%
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
Q1 2024
0:00 / 0:00
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CLMT Stock 12 Month Forecast
Average Price Target
$23.33
▲(46.73% Upside)
Technical Analysis
Best Analysts Covering CLMT
1 Year
1 Year Success Rate
13/18 ratings generated profit
1 Year Average Return
+15.43%
reiterated a buy rating 2 months ago
Copying Roger Read's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +15.43% per trade.
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