Calumet, Inc. (CLMT)
NASDAQ: CLMT · Real-Time Price · USD
18.24
-0.05 (-0.27%)
At close: Sep 18, 2024, 4:00 PM
18.14
-0.10 (-0.55%)
After-hours: Sep 18, 2024, 6:39 PM EDT

Calumet Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Calumet stock have an average target of 19.33, with a low estimate of 15 and a high estimate of 25. The average target predicts an increase of 5.98% from the current stock price of 18.24.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $15 $19.33 $18 $25
Change -17.76% +5.98% -1.32% +37.06%
* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

The average analyst rating for Calumet stock from 3 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 222233
Buy 200000
Hold 111100
Sell 000000
Strong Sell 000000
Total 533333

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 +37.06% Aug 12, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$20$18
Strong Buy Maintains $20$18 -1.32% Aug 12, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$17$15
Strong Buy Maintains $17$15 -17.76% Aug 5, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$25
Strong Buy Reiterates $25 +37.06% May 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$25
Strong Buy Reiterates $25 +37.06% Apr 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.04B
from 4.18B
Decreased by -3.47%
Revenue Next Year
4.08B
from 4.04B
Increased by 1.16%
EPS This Year
-1.65
from 0.59
EPS Next Year
0.12
from -1.65
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.45B2.27B3.15B4.69B4.18B4.04B4.08B3.68B
Revenue Growth
-1.28%-34.30%38.79%48.87%-10.78%-3.47%1.16%-9.94%
EPS
-0.55-1.86-3.23-2.140.59-1.650.121.32
EPS Growth
-------1,027.54%
Forward PE
------155.5013.79
No. Analysts -----886
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.7B 5.1B 5.4B
Avg 4.0B 4.1B 3.7B
Low 3.2B 3.4B 2.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
12.5%
25.5%
31.1%
Avg
-3.5%
1.2%
-9.9%
Low
-22.4%
-15.3%
-42.6%

EPS Forecast

EPS 202420252026
High -1.33 1.50 2.09
Avg -1.65 0.12 1.32
Low -1.93 -1.67 0.22

EPS Growth

EPS Growth 202420252026
High - -
1,681.3%
Avg - -
1,027.5%
Low - -
83.8%
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.