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NASDAQ: CLMT
Calumet Specialty Products Partners LP Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for CLMT

Based on 5 analysts offering 12 month price targets for Calumet Specialty Products Partners LP.
Min Forecast
$11.00-32.52%
Avg Forecast
$23.60+44.79%
Max Forecast
$30.00+84.05%

Should I buy or sell CLMT stock?

Based on 5 analysts offering ratings for Calumet Specialty Products Partners LP.
Buy
Strong Buy
1 analysts 20%
Buy
3 analysts 60%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CLMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cowen & Co.
Top 20%
81
BuyMaintains$20.00+22.70%2022-06-28
Wells Fargo
Top 4%
97
Strong BuyMaintains$29.00+77.91%2022-04-21
HC Wainwright & Co.
Top 12%
89
BuyMaintains$28.00+71.78%2022-02-28
Wolfe Research
Bottom 7%
7
BuyUpgrades$30.00+84.05%2021-11-23
Goldman Sachs
Top 8%
93
HoldMaintains$11.00-32.52%2021-10-15

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Forecast return on equity

Is CLMT forecast to generate an efficient return?
Company
-67.45%
Industry
14.56%
Market
27.69%
CLMT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CLMT forecast to generate an efficient return on assets?
Company
13.69%
Industry
6.86%
CLMT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CLMT earnings per share forecast

What is CLMT's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.01
Avg 2 year Forecast
$1.42
Avg 3 year Forecast
$3.05

CLMT revenue forecast

What is CLMT's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.6B+7.67%
Avg 2 year Forecast
$3.9B-9.3%
Avg 3 year Forecast
$4.8B+12.65%
CLMT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CLMT revenue growth forecast

How is CLMT forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
4.05%
Industry
2.17%
Market
8.68%
CLMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CLMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CLMT vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CLMT$16.30$23.60+44.79%Buy
KRP$17.38$20.75+19.39%Strong Buy
ROCC$34.13$58.50+71.40%Strong Buy
LPI$65.71$118.33+80.08%Hold
NEXT$8.41$6.17-26.67%Buy
View Top Oil and Gas Stocks

Calumet Specialty Products Partners Stock Forecast FAQ

Is Calumet Specialty Products Partners Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: CLMT) stock is to Buy CLMT stock.

Out of 5 analysts, 1 (20%) are recommending CLMT as a Strong Buy, 3 (60%) are recommending CLMT as a Buy, 1 (20%) are recommending CLMT as a Hold, 0 (0%) are recommending CLMT as a Sell, and 0 (0%) are recommending CLMT as a Strong Sell.

If you're new to stock investing, here's how to buy Calumet Specialty Products Partners stock.

What is CLMT's earnings growth forecast for 2022-2024?

(NASDAQ: CLMT) Calumet Specialty Products Partners's forecast annual earnings growth rate of N/A is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 8.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.25%.

Calumet Specialty Products Partners's earnings in 2022 is -$143,500,000.On average, 2 Wall Street analysts forecast CLMT's earnings for 2022 to be -$791,501, with the lowest CLMT earnings forecast at -$11,872,516, and the highest CLMT earnings forecast at $10,289,514. On average, 3 Wall Street analysts forecast CLMT's earnings for 2023 to be $112,393,153, with the lowest CLMT earnings forecast at $99,729,136, and the highest CLMT earnings forecast at $132,972,181.

In 2024, CLMT is forecast to generate $241,407,829 in earnings, with the lowest earnings forecast at $241,407,829 and the highest earnings forecast at $241,407,829.

What is CLMT's revenue growth forecast for 2022-2024?

(NASDAQ: CLMT) Calumet Specialty Products Partners's forecast annual revenue growth rate of 4.05% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 2.17%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.68%.

Calumet Specialty Products Partners's revenue in 2022 is $4,262,600,000.On average, 2 Wall Street analysts forecast CLMT's revenue for 2022 to be $363,267,335,677, with the lowest CLMT revenue forecast at $341,374,415,804, and the highest CLMT revenue forecast at $385,160,255,550. On average, 2 Wall Street analysts forecast CLMT's revenue for 2023 to be $306,018,062,560, with the lowest CLMT revenue forecast at $272,672,122,060, and the highest CLMT revenue forecast at $339,364,003,061.

In 2024, CLMT is forecast to generate $380,062,988,594 in revenue, with the lowest revenue forecast at $380,062,988,594 and the highest revenue forecast at $380,062,988,594.

What is CLMT's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: CLMT) forecast ROA is 13.69%, which is higher than the forecast US Oil & Gas E&P industry average of 6.86%.

What is CLMT's Price Target?

According to 5 Wall Street analysts that have issued a 1 year CLMT price target, the average CLMT price target is $23.60, with the highest CLMT stock price forecast at $30.00 and the lowest CLMT stock price forecast at $11.00.

On average, Wall Street analysts predict that Calumet Specialty Products Partners's share price could reach $23.60 by Jun 28, 2023. The average Calumet Specialty Products Partners stock price prediction forecasts a potential upside of 44.79% from the current CLMT share price of $16.30.

What is CLMT's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: CLMT) Calumet Specialty Products Partners's current Earnings Per Share (EPS) is -$1.81. On average, analysts forecast that CLMT's EPS will be -$0.01 for 2022, with the lowest EPS forecast at -$0.15, and the highest EPS forecast at $0.13. On average, analysts forecast that CLMT's EPS will be $1.42 for 2023, with the lowest EPS forecast at $1.26, and the highest EPS forecast at $1.68. In 2024, CLMT's EPS is forecast to hit $3.05 (min: $3.05, max: $3.05).

What is CLMT's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: CLMT) forecast ROE is -67.45%, which is considered weak.
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