Calumet Specialty Products Partners, L.P. (CLMT)
NASDAQ: CLMT · IEX Real-Time Price · USD
15.90
-0.23 (-1.43%)
Jul 2, 2024, 4:30 PM EDT - Market closed
CLMT Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CLMT stock have an average target of 21, with a low estimate of 17 and a high estimate of 25. The average target predicts an increase of 32.08% from the current stock price of 15.90.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for CLMT stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 3 | 2 |
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 | +57.23% | May 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +57.23% | Apr 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $19 → $17 | Strong Buy | Maintains | $19 → $17 | +6.92% | Mar 21, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $17 → $19 | Strong Buy | Maintains | $17 → $19 | +19.50% | Dec 14, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $19 → $17 | Strong Buy | Maintains | $19 → $17 | +6.92% | Oct 31, 2023 |
Financial Forecast
Revenue This Year
4.14B
from 4.18B
Decreased by -1.05%
Revenue Next Year
4.14B
from 4.14B
Increased by 0.05%
EPS This Year
-0.59
from 0.59
EPS Next Year
0.62
from -0.59
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8B | 5.1B | 5.4B | 5.7B | 5.9B |
| Avg | 4.1B | 4.1B | 3.7B | 5.5B | 5.7B |
| Low | 3.7B | 3.5B | 2.3B | 5.3B | 5.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.1% | 23.8% | 31.1% | 53.6% | 6.7% |
| Avg | -1.1% | 0.0% | -10.5% | 49.2% | 3.7% |
| Low | -11.3% | -14.5% | -44.9% | 43.3% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.98 | 2.23 | 2.40 |
| Avg | -0.59 | 0.62 | 1.57 |
| Low | -1.89 | -0.22 | 0.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 65.5% | - | 289.0% |
| Avg | - | - | 154.1% |
| Low | - | - | -46.1% |
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.