Calumet Specialty Products Partners, L.P. (CLMT)
NASDAQ: CLMT · IEX Real-Time Price · USD
16.30
-0.67 (-3.95%)
Jul 12, 2024, 4:00 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 28.83% from the current stock price of 16.30.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $17 $21 $25 $25
Change +4.29% +28.83% +53.37% +53.37%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 222222
Buy 222000
Hold 111110
Sell 000000
Strong Sell 000000
Total 555332

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 +53.37% May 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$25
Strong Buy Reiterates $25 +53.37% Apr 22, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$19$17
Strong Buy Maintains $19$17 +4.29% Mar 21, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$17$19
Strong Buy Maintains $17$19 +16.56% Dec 14, 2023
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$19$17
Strong Buy Maintains $19$17 +4.29% Oct 31, 2023
More Analyst Ratings

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
Year 2019202020212022202320242025202620272028
Revenue
3.45B2.27B3.15B4.69B4.18B4.14B4.14B3.70B5.53B5.73B
Revenue Growth
-1.28%-34.30%38.79%48.87%-10.78%-1.05%0.05%-10.51%49.19%3.69%
EPS
-0.55-1.86-3.23-2.140.59-0.590.621.57--
EPS Growth
-------154.13%--
Forward PE
------26.3710.38--
No. Analysts -----98633
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 202420252026
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 202420252026
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.