Analyst Ratings for Chemours Co. (CC)Updated: 2017-07-27
An average rating of Overweight has been given to Chemours Co. (NYSE:CC) by analysts covering the stock. CC had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 7 analysts, 0 gave an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for CC. The most optimistic analyst gave a price target of 55, which equates to a potential upside of 17.47 percent. The most pessimistic price target was 18, implying potential capital losses of -61.55 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.08 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 19.84 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.16 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 19.18 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of CC's earnings is estimated by analysts to be 537.63 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CC has a PEG ratio of 0.16.
In the last 52-weeks, CC has achieved a high of 48.59 and a low of 8.62. The current market price is above the trailing year's low by 443.16 percent, and 3.64 percent below the high. CC has a P/E ratio of 86.59. Investors typically compare the P/E ratio to a company's peers in the industry. The CC value stock report compares CC to some of its peers using value stock charts. The stock has a market capitalization of $8.77 billion. CC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.