While Calumet Inc has underperformed by -1.51%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CLMT fell by -29.33%, with highs and lows ranging from $25.29 to $9.97, whereas the simple moving average fell by -39.34% in the last 200 days.
On March 04, 2025, TD Cowen Downgraded Calumet Inc (NASDAQ: CLMT) to Hold. A report published by UBS on February 04, 2025, Downgraded its rating to ‘Sell’ for CLMT. TD Cowen also reiterated CLMT shares as ‘Buy’, quoting a target price of $26 on the company’s shares in a report dated November 11, 2024. TD Cowen Reiterated the rating as Buy on October 17, 2024, but set its price target from $22 to $27. TD Cowen resumed its ‘Buy’ rating for CLMT, as published in its report on August 12, 2024. Goldman’s report from August 18, 2022 suggests a price prediction of $23 for CLMT shares, giving the stock a ‘Buy’ rating. Cowen also rated the stock as ‘Outperform’.
Analysis of Calumet Inc (CLMT)
Further, the quarter-over-quarter decrease in sales is -2.76%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Calumet Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 0.40, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and CLMT is recording an average volume of 1.28M. On a monthly basis, the volatility of the stock is set at 7.37%, whereas on a weekly basis, it is put at 8.06%, with a loss of -17.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $22.60, showing growth from the present price of $10.78, which can serve as yet another indication of whether CLMT is worth investing in or should be passed over.
How Do You Analyze Calumet Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 20.23%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 42.27% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CLMT shares are owned by institutional investors to the tune of 42.27% at present.
