Calumet Inc [CLMT] stock prices are up 12.13% to $16.83 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CLMT shares have gain 5.32% over the last week, with a monthly amount drifted -18.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Calumet Inc [NASDAQ: CLMT] stock has seen the most recent analyst activity on November 11, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $26 from $27. Previously, TD Cowen reaffirmed its Buy rating on October 17, 2024, and elevated its price target to $27. On August 12, 2024, TD Cowen reiterated its Buy rating and revised its price target to $18 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $23 on August 18, 2022. Cowen reiterated its recommendation of a Outperform and reduced its price target to $20 on February 28, 2022. Credit Suisse started tracking with a Neutral rating for this stock on January 06, 2022, and assigned it a price target of $23. In a note dated November 23, 2021, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $30.
The stock price of Calumet Inc [CLMT] has been fluctuating between $9.97 and $25.29 over the past year. Currently, Wall Street analysts expect the stock to reach $22.35 within the next 12 months. Calumet Inc [NASDAQ: CLMT] shares were valued at $16.83 at the most recent close of the market. An investor can expect a potential return of 32.8% based on the average CLMT price forecast.
Analyzing the CLMT fundamentals
The Calumet Inc [NASDAQ:CLMT] reported sales of 4.22B for trailing twelve months, representing a drop of -4.26%. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is 0.4 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.06.
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 15.33 points at the first support level, and at 13.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.81, and for the 2nd resistance point, it is at 18.78.
Ratios To Look Out For
It’s worth pointing out that Calumet Inc [NASDAQ:CLMT]’s Current Ratio is 0.63. As well, the Quick Ratio is 0.30, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.34.
Transactions by insiders
Recent insider trading involved Straumins Jennifer, Director, that happened on Dec 18 ’24 when 37861.0 shares were sold. Director, Straumins Jennifer completed a deal on Dec 18 ’24 to buy 50000.0 shares. Meanwhile, Director Sajkowski Daniel J sold 3569.0 shares on Dec 04 ’24.
