Calumet Specialty Products Partners, L.P. (CLMT)
NASDAQ: CLMT · IEX Real-Time Price · USD
16.11
-0.20 (-1.23%)
May 8, 2024, 4:30 PM EDT - Market closed
CLMT Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for CLMT stock have an average target of 22.3, with a low estimate of 17 and a high estimate of 27. The average target predicts an increase of 38.42% from the current stock price of 16.11.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CLMT stock from 5 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
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 | +55.18% | Apr 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $19 → $17 | Strong Buy | Maintains | $19 → $17 | +5.52% | Mar 21, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $17 → $19 | Strong Buy | Maintains | $17 → $19 | +17.94% | Dec 14, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $19 → $17 | Strong Buy | Maintains | $19 → $17 | +5.52% | Oct 31, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +55.18% | Aug 7, 2023 |
Financial Forecast
Revenue This Year
4.10B
from 4.18B
Decreased by -1.87%
Revenue Next Year
4.21B
from 4.10B
Increased by 2.58%
EPS This Year
0.04
from 0.59
Decreased by -93.83%
EPS Next Year
0.83
from 0.04
Increased by 2,179.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.9B | 5.2B | 5.5B | 5.8B | 6.0B |
| Avg | 4.1B | 4.2B | 3.7B | 5.6B | 5.8B |
| Low | 3.7B | 3.6B | 2.3B | 5.4B | 5.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.2% | 26.1% | 30.5% | 54.2% | 6.7% |
| Avg | -1.9% | 2.6% | -11.2% | 49.8% | 3.7% |
| Low | -10.9% | -12.7% | -45.9% | 43.9% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.98 | 2.23 | 2.40 |
| Avg | 0.04 | 0.83 | 1.59 |
| Low | -1.32 | -0.68 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 65.5% | 6,011.3% | 189.7% |
| Avg | -93.8% | 2,179.0% | 92.0% |
| Low | - | - | -79.0% |
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.