Analytical Lens: Exploring Calumet Inc. (CLMT)’s Financial Story Through Ratios

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The closing price of Calumet Inc. (NASDAQ: CLMT) was $12.67 for the day, up 0.08% from the previous closing price of $12.66. In other words, the price has increased by $0.08 from its previous closing price. On the day, 0.57 million shares were traded. CLMT stock price reached its highest trading level at $12.82 during the session, while it also had its lowest trading level at $12.205.

Ratios:

Our analysis of CLMT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.98.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on August 18, 2022, Upgraded its rating to Buy and sets its target price to $23 from $14 previously.

On February 28, 2022, Cowen reiterated its Outperform rating and also upped its target price recommendation from $23 to $20.

On January 06, 2022, Credit Suisse started tracking the stock assigning a Neutral rating and target price of $23.Credit Suisse initiated its Neutral rating on January 06, 2022, with a $23 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 15 ’24 when Morical Gregory J sold 11,111 shares for $15.04 per share. The transaction valued at 167,109 led to the insider holds 33,845 shares of the business.

Mawer Stephen P sold 15,037 shares of CLMT for $268,711 on Jan 18 ’24. The Director now owns 172,610 shares after completing the transaction at $17.87 per share. On Oct 19 ’23, another insider, Willman Ryan, who serves as the Chief Accounting Officer of the company, sold 1,000 shares for $19.00 each. As a result, the insider received 19,000 and left with 7,361 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLMT now has a Market Capitalization of 1088208512 and an Enterprise Value of 3478119168. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26. Its current Enterprise Value per Revenue stands at 0.838 whereas that against EBITDA is 10.049.

Stock Price History:

Over the past 52 weeks, CLMT has reached a high of $19.91, while it has fallen to a 52-week low of $11.91. The 50-Day Moving Average of the stock is -18.99%, while the 200-Day Moving Average is calculated to be -19.85%.

Shares Statistics:

CLMT traded an average of 207.55K shares per day over the past three months and 672840 shares per day over the past ten days. A total of 79.97M shares are outstanding, with a floating share count of 67.18M. Insiders hold about 21.78% of the company’s shares, while institutions hold 24.85% stake in the company. Shares short for CLMT as of 1721001600 were 1253036 with a Short Ratio of 6.04, compared to 1718323200 on 1239953. Therefore, it implies a Short% of Shares Outstanding of 1253036 and a Short% of Float of 1.7500000000000002.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 14.83.

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