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.
Investment analysts gave a few price targets for CC. The highest price target was 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 8.08 percent. The average change in earnings estimates over the last 90 days is 19.84 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.16 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 19.18 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CC's earnings is estimated by analysts to be 537.63 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 lower than its 52-week high. CC has a price/earnings 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 market cap of CC is $8.77 billion. CC's next earnings release will be on 0000-00-00, which is days away.