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 highest price target was 33.5, implying a possible profit of 0.3 percent. The lowest price target 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.
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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, CHMT hit 33.40 at the highest peak, while it's lowest trading point was 24.61. Currently the stock is 35.72 percent higher than its low, and 0 percent lower than its 52-week 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 stock has a market capitalization of $2.11 billion. CHMT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.