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, implying potential capital gains of 17.47 percent. The most pessimistic analyst gave a price target of 18, implying potential capital losses of -61.55 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Over the past 30 days, FY earnings estimates have also changed upwards by 3.16 percent. If we look at the last 90 days instead, we find a net average change of 19.18 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of CC's earnings is estimated by analysts to be 537.63 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CC has a PEG ratio of 0.16.
CC has a 52-week high of 48.59 and a 52-week low of 8.62. Today's price is 443.16 percent above the 52-week low, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.