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.
A number of analysts gave price targets for CHMT. The most optimistic analyst gave a price target of 33.5, implying a possible profit of 0.3 percent. The lowest price target was 33, implying potential capital losses of -1.2 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. If we look at the last 90 days instead, we find a net average change of -0.73 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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.
CHMT has traded between a high of 33.40 and a low of 24.61 over the past year. Currently the stock is 35.72 percent higher than its low, and below the high by 0 percent. CHMT has a P/E 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.