In last trading session, Calumet Inc (NASDAQ:CLMT) saw 1.25 million shares changing hands with its beta currently measuring 1.85. Company’s recent per share price level of $15.50 trading at $0.03 or 0.19% at ring of the bell on the day assigns it a market valuation of $1.33B. That closing price of CLMT’s stock is at a discount of -63.16% from its 52-week high price of $25.29 and is indicating a premium of 35.68% from its 52-week low price of $9.97.
For Calumet Inc (CLMT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.38 in the current quarter.
Calumet Inc (NASDAQ:CLMT) trade information
Upright in the green during last session for gaining 0.19%, in the last five days CLMT remained trading in the red while hitting it’s week-highest on Thursday, 02/13/25 when the stock touched $15.50 price level, adding 11.38% to its value on the day. Calumet Inc’s shares saw a change of -29.61% in year-to-date performance and have moved -10.97% in past 5-day. Calumet Inc (NASDAQ:CLMT) showed a performance of -3.37% in past 30-days.
Wall Street analysts have assigned a consensus price target of 22.35 to the stock, which implies a rise of 30.65% to its current value. Analysts have been projecting 15.7 as a low price target for the stock while placing it at a high target of 29. It follows that stock’s current price would drop -1.29% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.29% for stock’s current value.
Calumet Inc (CLMT) estimates and forecasts
This year revenue growth is estimated to fall -0.46% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 921.76M for the same. And 4 analysts are in estimates of company making revenue of 1.01B in the next quarter. Company posted 976.5M and 1.01B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -468.14% while estimates for its earnings growth in next 5 years are of 0.13%.
Calumet Inc (NASDAQ:CLMT)’s Major holders
WASSERSTEIN DEBT OPPORTUNITIES MANAGEMENT, L.P. is the top institutional holder at CLMT for having 6.89 million shares of worth $110.61 million. And as of 2024-06-30, it was holding 8.5547 of the company’s outstanding shares.
The second largest institutional holder is ADAMS ASSET ADVISORS, LLC, which was holding about 5.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.5187 of outstanding shares, having a total worth of $84.28 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 2.74 shares of worth $42.52 million or 3.19% of the total outstanding shares. The later fund manager was in possession of 1.02 shares on Sep 30, 2024 , making its stake of worth around $15.87 million in the company or a holder of 1.19% of company’s stock.
