Calumet, Inc. (CLMT)
NASDAQ: CLMT · Real-Time Price · USD
18.03
-0.21 (-1.15%)
At close: Sep 19, 2024, 4:00 PM
17.64
-0.39 (-2.16%)
After-hours: Sep 19, 2024, 5:53 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 7.21% from the current stock price of 18.03.
Analyst Consensus: Strong Buy
* 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 '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 2 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 3 | 3 | 3 | 3 | 3 |
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 | +38.66% | Aug 12, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | -0.17% | Aug 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $17 → $15 | Strong Buy | Maintains | $17 → $15 | -16.81% | Aug 5, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +38.66% | May 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +38.66% | Apr 22, 2024 |
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
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.5% | 25.5% | 31.1% | ||
| Avg | -3.5% | 1.2% | -9.9% | ||
| Low | -22.4% | -15.3% | -42.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.