Analyst Ratings for Chemtura Corp (CHMT)

Updated: 2017-04-07

Analysts covering Chemtura Corp (NYSE:CHMT) have given it a consensus rating of Hold. Last month, CHMT received an average rating of Hold.

4 analysts issued ratings on the stock, where 0 gave CHMT a buy rating, 0 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CHMT by the analysts covering the stock. The most optimistic analyst gave a price target of 33.5, implying a possible profit of 0.3 percent. The minimum price target given was 33, implying potential capital losses of -1.2 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -4.85 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.73 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

CHMT has a 52-week high of 33.40 and a 52-week low of 24.61. Currently the stock is 35.72 percent higher than its low, and 0 percent below the high. CHMT has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CHMT value stock report compares CHMT to some of its peers using value stock charts. The market cap of CHMT is $2.11 billion. CHMT will post this quarters earnings in days, on 0000-00-00.