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Best Chemical Stocks to Buy Now (2023)
Top chemical stocks in 2023 ranked by overall Zen Score. See the best chemical stocks to buy now, according to analyst forecasts for the chemicals industry.

Industry: Chemicals

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
SQM	CHEMICAL & MINING CO OF CHILE INC	NYSE	Chemicals	$26.82B	$93.90	1.52%	$919.10M	150.24x	1.20
HUN	HUNTSMAN CORP	NYSE	Chemicals	$6.10B	$31.73	-0.35%	$1.82B	5.87x	1.10
EMN	EASTMAN CHEMICAL CO	NYSE	Chemicals	$11.01B	$91.75	1.05%	$2.14B	10.01x	1.77
UNVR	UNIVAR SOLUTIONS INC	NYSE	Chemicals	$5.52B	$33.84	1.20%	$1.13B	9.05x	1.84
BAK	BRASKEM SA	NYSE	Chemicals	$3.62B	$9.08	1.23%	$6.10B	1.19x	10.98
ASIX	ADVANSIX INC	NYSE	Chemicals	$1.19B	$43.25	1.38%	$283.31M	7.52x	1.04
ASH	ASHLAND INC	NYSE	Chemicals	$5.78B	$106.70	1.20%	$1.34B	6.39x	0.93
WLKP	WESTLAKE CHEMICAL PARTNERS LP	NYSE	Chemicals	$914.36M	$25.96	2.12%	$206.47M	11.91x	1.64
SIRE	SISECAM RESOURCES LP	NYSE	Chemicals	$473.41M	$23.91	-0.17%	$93.00M	8.36x	1.15
CE	CELANESE CORP	NYSE	Chemicals	$13.06B	$120.44	-0.85%	$2.71B	7.92x	3.24
DOW	DOW INC	NYSE	Chemicals	$40.90B	$58.12	0.40%	$10.71B	7.49x	2.26
FF	FUTUREFUEL CORP	NYSE	Chemicals	$402.62M	$9.20	-1.29%	$34.94M	17.69x	0.23
MEOH	METHANEX CORP	NASDAQ	Chemicals	$3.18B	$45.24	2.05%	$1.15B	6.49x	1.96
VHI	VALHI INC	NYSE	Chemicals	$726.50M	$25.69	2.07%	$306.20M	4.84x	1.82
MTX	MINERALS TECHNOLOGIES INC	NYSE	Chemicals	$2.20B	$67.92	0.91%	$313.40M	15.65x	1.23
APD	AIR PRODUCTS & CHEMICALS INC	NYSE	Chemicals	$70.24B	$316.61	1.46%	$4.22B	31.16x	1.03
LXU	LSB INDUSTRIES INC	NYSE	Chemicals	$1.04B	$12.69	3.34%	$349.20M	2.88x	1.76
TROX	TRONOX HOLDINGS PLC	NYSE	Chemicals	$2.57B	$16.66	0.91%	$822.00M	4.36x	1.69
ORGN	ORIGIN MATERIALS INC	NASDAQ	Chemicals	$802.00M	$5.62	0.72%	$69.19M	12.22x	0.40
DD	DUPONT DE NEMOURS INC	NYSE	Chemicals	$36.63B	$73.73	0.27%	$4.00B	19.35x	0.75
RYAM	RAYONIER ADVANCED MATERIALS INC	NYSE	Chemicals	$395.34M	$6.18	0.65%	$154.69M	-9.36x	2.00

Chemical Stocks FAQ

What are the best chemical stocks to buy right now in Jan 2023?

According to Zen Score, the 3 best chemical stocks to buy right now are:

1. Chemical & Mining Co Of Chile (NYSE:SQM)

Chemical & Mining Co Of Chile (NYSE:SQM) is the top chemical stock with a Zen Score of 57, which is 13 points higher than the chemical industry average of 44. It passed 22 out of 38 due diligence checks and has strong fundamentals. Chemical & Mining Co Of Chile has seen its stock return 80.26% over the past year, overperforming other chemical stocks by 78 percentage points.

Chemical & Mining Co Of Chile has an average 1 year price target of $100.60, an upside of 7.14% from Chemical & Mining Co Of Chile's current stock price of $93.90.

Chemical & Mining Co Of Chile stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Chemical & Mining Co Of Chile, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Huntsman (NYSE:HUN)

Huntsman (NYSE:HUN) is the second best chemical stock with a Zen Score of 56, which is 12 points higher than the chemical industry average of 44. It passed 20 out of 38 due diligence checks and has strong fundamentals. Huntsman has seen its stock lose -9.86% over the past year, underperforming other chemical stocks by -12 percentage points.

Huntsman has an average 1 year price target of $31.83, an upside of 0.32% from Huntsman's current stock price of $31.73.

Huntsman stock has a consensus Hold recommendation according to Wall Street analysts. Of the 16 analysts covering Huntsman, 12.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 56.25% have issued a hold, while 6.25% have issued a Sell rating, and 12.5% have issued a Strong Sell.

3. Eastman Chemical Co (NYSE:EMN)

Eastman Chemical Co (NYSE:EMN) is the third best chemical stock with a Zen Score of 52, which is 8 points higher than the chemical industry average of 44. It passed 19 out of 38 due diligence checks and has strong fundamentals. Eastman Chemical Co has seen its stock lose -22.97% over the past year, underperforming other chemical stocks by -25 percentage points.

Eastman Chemical Co has an average 1 year price target of $97.06, an upside of 5.79% from Eastman Chemical Co's current stock price of $91.75.

Eastman Chemical Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Eastman Chemical Co, 23.53% have issued a Strong Buy rating, 5.88% have issued a Buy, 70.59% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the chemical stocks with highest dividends?

Out of 17 chemical stocks that have issued dividends in the past year, the 3 chemical stocks with the highest dividend yields are:

1. Sisecam Resources (NYSE:SIRE)

Sisecam Resources (NYSE:SIRE) has an annual dividend yield of 8.99%, which is 5 percentage points higher than the chemical industry average of 3.57%. Sisecam Resources's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Sisecam Resources's dividend has not shown consistent growth over the last 10 years.

Sisecam Resources's dividend payout ratio of 69.6% indicates that its high dividend yield is sustainable for the long-term.

2. Chemical & Mining Co Of Chile (NYSE:SQM)

Chemical & Mining Co Of Chile (NYSE:SQM) has an annual dividend yield of 8.32%, which is 5 percentage points higher than the chemical industry average of 3.57%. Chemical & Mining Co Of Chile's dividend payout is not stable, having dropped more than 10% fourteen times in the last 10 years. Chemical & Mining Co Of Chile's dividend has shown consistent growth over the last 10 years.

Chemical & Mining Co Of Chile's dividend payout ratio of 315% indicates that its high dividend yield might not be sustainable for the long-term.

3. Braskem Sa (NYSE:BAK)

Braskem Sa (NYSE:BAK) has an annual dividend yield of 7.36%, which is 4 percentage points higher than the chemical industry average of 3.57%. Braskem Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Braskem Sa's dividend has shown consistent growth over the last 10 years.

Braskem Sa's dividend payout ratio of 44.2% indicates that its high dividend yield is sustainable for the long-term.

Why are chemical stocks up?

Chemical stocks were up 0.96% in the last day, and up 4.15% over the last week.

We couldn't find a catalyst for why chemical stocks are up.

What are the most undervalued chemical stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued chemical stocks right now are:

1. Minerals Technologies (NYSE:MTX)

Minerals Technologies (NYSE:MTX) is the most undervalued chemical stock based on WallStreetZen's Valuation Score. Minerals Technologies has a valuation score of 71, which is 27 points higher than the chemical industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Minerals Technologies's stock has dropped -2.72% in the past year. It has underperformed other stocks in the chemical industry by -5 percentage points.

2. Advansix (NYSE:ASIX)

Advansix (NYSE:ASIX) is the second most undervalued chemical stock based on WallStreetZen's Valuation Score. Advansix has a valuation score of 71, which is 27 points higher than the chemical industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Advansix's stock has gained 2.66% in the past year. It has overperformed other stocks in the chemical industry by 1 percentage points.

3. Methanex (NASDAQ:MEOH)

Methanex (NASDAQ:MEOH) is the third most undervalued chemical stock based on WallStreetZen's Valuation Score. Methanex has a valuation score of 71, which is 27 points higher than the chemical industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Methanex's stock has gained 2.91% in the past year. It has overperformed other stocks in the chemical industry by 1 percentage points.

Are chemical stocks a good buy now?

44.44% of chemical stocks rated by analysts are a buy right now. On average, analysts expect chemical stocks to rise by 5.35% over the next year.

What is the average p/e ratio of the chemicals industry?

The average P/E ratio of the chemicals industry is 32.9x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.