Calumet, Inc. (CLMT)
NASDAQ: CLMT · Real-Time Price · USD
21.31
+0.50 (2.40%)
Nov 21, 2024, 12:04 PM EST - Market open
Calumet Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Calumet stock have an average target of 24, with a low estimate of 15 and a high estimate of 29. The average target predicts an increase of 12.62% from the current stock price of 21.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Calumet stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +17.32% | Nov 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $25 → $29 | Buy | Maintains | $25 → $29 | +36.09% | Oct 21, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $22 → $27 | Strong Buy | Maintains | $22 → $27 | +26.70% | Oct 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +17.32% | Oct 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +17.32% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
4.01B
from 4.18B
Decreased by -4.19%
Revenue Next Year
4.29B
from 4.01B
Increased by 6.99%
EPS This Year
-2.04
from 0.59
EPS Next Year
-0.10
from -2.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.7B | 5.1B | 5.4B |
| Avg | 4.0B | 4.3B | 3.7B |
| Low | 3.2B | 3.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5% | 26.9% | 24.9% |
| Avg | -4.2% | 7.0% | -13.8% |
| Low | -24.0% | -15.4% | -44.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.71 | 1.32 | 2.09 |
| Avg | -2.04 | -0.10 | 0.71 |
| Low | -2.34 | -1.35 | -1.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.