How to Buy Chemours Co Stock
Chemours Co
Chemours Co is a specialty chemical company located in Delaware, United States, which is part of the Basic Materials sector, and is traded under the ticker CC on the NYSE exchange.
Chemours Co stock last closed at $29.16, up 1.25% from the previous day, and has decreased 7.84% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.03 percentage points. Chemours Co stock is currently +23.66% from its 52-week low of $23.58, and -35.12% from its 52-week high of $44.95.
At the moment, there are 148.34M shares of CC outstanding. The market value of CC is $4.33B. In the last 24 hours, 904,605 CC shares were traded.
How to Buy Chemours Co Stock
Not sure how to invest in Chemours Co stock? Here's how.
- Figure out where to buy Chemours Co stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Chemours Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Analyze Chemours Co stock: The Chemours Co ticker symbol is CC. Is Chemours Co stock a good investment? Should you buy shares of CC? How do CC's underlying business fundamentals look? Do top analysts think Chemours Co is a good buy? Why has CC's stock price moved recently? (Hint: Our stock market analysis website can help you decide if CC is a good stock to buy).
- Place your CC trade: Decide if you will purchase CC shares at the current market price or use a limit order to purchase CC stock at a given price.
- Watch your investment in CC: Create a watchlist to monitor your position in Chemours Co shares.
Step 1: Figure out where to buy Chemours Co stock
You need an online brokerage account in order to access the NYSE market and buy CC shares.
Our preferred brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to invest in CC today.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal info to create a new brokerage account.
- Send your info by hitting the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've created your account on app for stock market, you need to deposit funds:
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Analyze Chemours Co stock
Once you have figured out the best place to buy Chemours Co stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Chemours Co Numbers
CC Fundamentals
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on CC's stock page.
Is CC stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge CC's intrinsic value.
Using relative valuations ratios:
- CC may be undervalued based on its P/E ratio of 7.84x, relative to Specialty Chemicals industry P/E ratio of 25.61x
- CC may be overvalued based on its P/B ratio of 3.91x, relative to Specialty Chemicals industry P/B ratio of 3.51x
You can do additional valuation research on CC's stock here.
A look at CC Cashflows and Balance Sheet
Pros:
- Total CC debt is lower than 5 years ago, relative to shareholder equity.
- CC earnings of $904.00M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CC balance sheet.
Cons:
- CC's operating cash flow of $754.00M allows it to safely service it's debt of $3.81B.
- CC has a relatively high debt to equity ratio of 5.9.
- There are more long-term liabilities than short-term assets on the CC balance sheet.
- CC profit margin has gone down from 9.6% to 8.5% in the past year.
Is Chemours Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 9 Equities analysts who give ratings on CC, the consensus analyst rating on CC is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent CC Analyst Upgrades/Downgrades
Duffy Fischer, a top 20% analyst from Goldman Sachs maintains CC with a hold rating and raises their CC price target from $34.00 to $38.00, on Feb 14, 2023.
PJ Juvekar, a top 9% analyst from Citigroup maintains CC with a hold rating and raises their CC price target from $33.00 to $35.00, on Feb 13, 2023.
Arun Viswanathan, a bottom 10% analyst from RBC Capital maintains CC with a hold rating and raises their CC price target from $33.00 to $36.00, on Feb 13, 2023.
John Roberts, a top 3% analyst from Credit Suisse maintains CC with a sell rating and raises their CC price target from $24.00 to $27.00, on Feb 10, 2023.
Joshua Spector, a top 20% analyst from UBS upgrades CC to a strong buy rating and raises their CC price target from $31.00 to $43.00, on Jan 24, 2023.
You can dive deeper into what analysts are projecting on the Chemours Co stock forecast page.
CC Momentum
CC Growth Numbers
Last year, CC earnings were $578.00M. Over the last five year, CC's earnings have grown by -1.64% per year. This was slower than the Specialty Chemicals industry average of 21.04%.
Last year, CC revenue was $6.79B. In the last five year, CC's revenue has gone up by 1.9% per year. This was slower than the Specialty Chemicals industry average of 15.37%.
Dig into CC's earnings and revenue performance here.
What are CC executives and large shareholders up to?
In the last year, executives and large shareholders at CC have sold more shares than they have bought.
Alisha Bellezza, President Thermal Spec Solns of CC, was the latest CC insider to sell. They sold $210,549.92 worth of CC shares on Mar 6, 2023.
Learn more about who owns CC shares here.
Can I rely on CC as an income stream?
Chemours Co pays a dividend of 3.43%, compared to the Specialty Chemicals industry's average dividend yield of 2.4%. If you owned $1,000 of CC stock, you would have been paid $34.29 in the past year.
Chemours Co dividend payments have not consistently grown over the past 8 years and have not remained stable.
Find more data about Chemours Co dividend yield and history here.
What others are saying about CC
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your CC trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in CC
Now that you own some CC stock, you'll want to keep up with your new shares.
Create a watchlist to keep track of your CC stock.
CC Feed
How to Buy Stock in Chemours Co
To summarize, here are the 6 steps you need to take to buy Chemours Co stock right now:
- Figure out where to buy Chemours Co stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Chemours Co stock
- Place your CC trade
- Watch your investment in CC
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Chemours Co, hit the button below to create your watchlist.
More Stock Buying Guides You Might Like
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.