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Calumet Specialty Products (CLMT)
NASDAQ:CLMT
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CLMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.97 - $21.19
Previous Close$18.24
Volume335.60K
Average Volume (3M)589.40K
Market Cap
$1.56B
Enterprise Value$1.57B
Total Cash (Recent Filing)$100.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.14
Next Earnings
Nov 07, 2024EPS Estimate
-$0.37Last Dividend Ex-Date
Jan 29, 2016Dividend YieldN/A
Share Statistics
EPS (TTM)-0.31
Shares Outstanding85,893,687
10 Day Avg. Volume948,394
30 Day Avg. Volume589,402
Standard Deviation0.24
R-Squared0.18
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.37
Price to Cash Flow (P/CF)5.90
P/FCF Ratio7.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.37
Enterprise Value/Gross Profit3.47
Enterprise Value/Ebitda11.34
Forecast
1Y Price Target
$21.70Price Target Upside19.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Calumet Specialty Products News
PremiumPress Releases
Calumet Reports Second Quarter 2024 Results
PremiumPre-Earnings
Is CLMT a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Corporate Structure And LiquidityCLMT successfully completed conversion of corporate structure from an MLP to a C-corp, expanding the potential institutional shareholder base.
Earnings And Financial PerformanceExpectations for inflecting earnings generation are supported by strong Base Business execution and an improving Renewables margin environment.
Stock ValuationThe stock at current levels remains undervalued relative to cash flow potential of the business.
Bears Say
Earnings EstimatesWe cut our Q2'24 EBITDA estimates across all three segments on weaker cracks, narrower WCS diffs, and weaker Montana Renewables Modeling Adjustments.
Financial PerformanceThe stock is not reflecting this performance and has been under pressure since the C-Corp conversion became effective.
Shareholder ActivityPressure on the stock may have come from long-term shareholders taking advantage of the new liquidity and unfavorable macro sentiment around the RD industry.
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Ownership Overview
58.12% Insiders
1.41% Mutual Funds
0.55% Other Institutional Investors
39.93% 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 $9.97 and its highest was $21.19 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 Nov 07, 2024 which is in 48 days.
How were Calumet Specialty Products’s earnings last quarter?
Calumet Specialty Products released its earnings results on Aug 09, 2024. The company reported -$0.48 earnings per share for the quarter, beating the consensus estimate of -$0.55 by $0.07.
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 -$0.37.
How many shares outstanding does Calumet Specialty Products have?
Calumet Specialty Products has 85,893,684 shares outstanding.
What happened to Calumet Specialty Products’s price movement after its last earnings report?
Calumet Specialty Products reported an EPS of -$0.48 in its last earnings report, beating expectations of -$0.55. Following the earnings report the stock price went up 15.691%.
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 13M.
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Calumet Specialty Products Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$21.70 (19.49% Upside)
$21.70 (19.49% Upside)
Blogger Sentiment
Bullish
CLMT Sentiment 100%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.3%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-6.12%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-4.75%
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
Q2 2024
0:00 / 0:00
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CLMT Stock 12 Month Forecast
Average Price Target
$21.70
▲(19.49% Upside)
Technical Analysis
Best Analysts Covering CLMT
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+32.61%
reiterated a buy rating last month
Copying Roger Read's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +32.61% per trade.
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