Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Calumet Specialty Products ( (CLMT) ) has issued an announcement.
On May 21, 2025, Calumet, Inc. announced the appointment of John R. Krutz as the new Chief Accounting Officer, replacing David A. Lunin in this role. Mr. Krutz brings extensive experience from his previous roles at Acculevel, Inc. and CliftonLarsonAllen, and his appointment is expected to enhance the company’s financial leadership and operational effectiveness.
The most recent analyst rating on (CLMT) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Calumet Specialty Products stock, see the CLMT Stock Forecast page.
Spark’s Take on CLMT Stock
According to Spark, TipRanks’ AI Analyst, CLMT is a Neutral.
Calumet’s overall stock score reflects significant financial challenges, including declining revenue and profitability metrics, as well as high leverage and negative equity. While the stock shows strong technical momentum, valuation concerns persist due to a negative P/E ratio and lack of a dividend yield. The earnings call highlighted positive steps in debt reduction and project management, yet market and regulatory hurdles continue to pose risks.
To see Spark’s full report on CLMT stock, click here.
More about Calumet Specialty Products
Calumet Specialty Products is a company operating in the specialty products industry, focusing on the production of specialty hydrocarbon products. The company’s market focus includes serving a wide range of industries with its specialized products.
Average Trading Volume: 1,262,596
Technical Sentiment Signal: Sell
Current Market Cap: $1.2B
For a thorough assessment of CLMT stock, go to TipRanks’ Stock Analysis page.