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.
Investment analysts gave a few price targets for CHMT. The highest price target was 33.5, implying potential capital gains of 0.3 percent. The minimum price target given was 33, implying potential capital losses of -1.2 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.73 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, CHMT has achieved a high of 33.40 and a low of 24.61. The current market price is above the trailing year's low by 35.72 percent, and below the high by 0 percent. 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's next earnings release will be on 0000-00-00, which is days away.