H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Calumet Specialty Products (NASDAQ:CLMT) on Monday, setting a price target of $19, which is approximately 33.15% above the present share price of $14.27.
Dayal expects Calumet Specialty Products to post earnings per share (EPS) of $0.64 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Calumet Specialty Products, with an average price target of $12.25.
The analysts price targets range from a high of $19 to a low of $8.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $874.9 million and a net profit of $93.3 million. The company's market cap is $1.12 billion.
According to TipRanks.com, H.C. Wainwright analyst Amit Dayal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 61.4% and a 49.66% success rate.
Calumet Specialty Products Partners LP engages in the production of specialty hydrocarbon products. It operates through the following the Specialty Products and Fuel Products segments. The Specialty Products segment produces a variety of lubricating oils, solvents, waxes, synthetic lubricants, and other products for automotive, industrial, and consumer goods; and includes synthetic lubricants used in manufacturing, mining, and automotive applications. The Fuel Products segment involves in processing of crude oil into a variety of fuel and fuel-related products, including unleaded gasoline, diesel, and jet fuel. The company was founded on September 27, 2005 and is headquartered in Indianapolis, IN.