Long-Time Horizon Analysis of Chemours Company (CC) Stock

Chemours Company [CC] stock prices are down -0.38% to $20.72 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CC shares have gain 10.80% over the last week, with a monthly amount glided 9.11%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Chemours Company [NYSE: CC] stock has seen the most recent analyst activity on July 09, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $30 from $28. Previously, Mizuho started tracking the stock with Neutral rating on June 07, 2024, and set its price target to $25. On April 09, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $34 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $21 on March 05, 2024. BMO Capital Markets downgraded its rating to a Underperform and reduced its price target to $19 on February 29, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on December 01, 2023, and upped its price target to $40. In a note dated June 22, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $41 to $37.

The stock price of Chemours Company [CC] has been fluctuating between $15.10 and $32.70 over the past year. Currently, Wall Street analysts expect the stock to reach $31.44 within the next 12 months. Chemours Company [NYSE: CC] shares were valued at $20.72 at the most recent close of the market. An investor can expect a potential return of 51.74% based on the average CC price forecast.

Analyzing the CC fundamentals

The Chemours Company [NYSE:CC] reported sales of 5.74B for trailing twelve months, representing a drop of -6.39%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.59.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.45 points at the first support level, and at 20.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.13, and for the 2nd resistance point, it is at 21.54.

Ratios To Look Out For

It’s worth pointing out that Chemours Company [NYSE:CC]’s Current Ratio is 1.89. In addition, the Quick Ratio stands at 1.01 and the Cash Ratio stands at 0.4. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 4.28 and price to earnings (TTM) ratio is 26.87.

Transactions by insiders

Recent insider trading involved Picho Diane I., Interim Pres. – Titanium Tech, that happened on Aug 07 ’24 when 2684.0 shares were sold. Interim Pres. – Titanium Tech, Picho Diane I. completed a deal on Aug 06 ’24 to sell 73.0 shares. Meanwhile, Officer Picho Diane I. bought 2684.0 shares on Aug 07 ’24.

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