Calumet Inc (NASDAQ: CLMT) is -42.23% lower on its value in year-to-date trading and has touched a low of $9.97 and a high of $25.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLMT stock was last observed hovering at around $13.38 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $12.72, the stock is -2.42% and -18.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing -4.93% at the moment leaves the stock -27.89% off its SMA200. CLMT registered -7.83% loss for a year compared to 6-month loss of -30.26%. The firm has a 50-day simple moving average (SMA 50) of $15.5362 and a 200-day simple moving average (SMA200) of $17.63905.
The stock witnessed a -17.94% gain in the last 1 month and extending the period to 3 months gives it a -41.11%, and is 5.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.71% over the week and 7.07% over the month.
Calumet Inc (CLMT) has around 1620 employees, a market worth around $1.10B and $4.19B in sales. Fwd P/E is 76.83. Profit margin for the company is -5.26%. Distance from 52-week low is 27.56% and -49.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.36%).
with sales reaching $919.33M over the same period.The EPS is expected to grow by 71.33% this year, but quarterly earnings will post -9.38% year-over-year. Quarterly sales are estimated to shrink -8.60% in year-over-year returns.
Calumet Inc (CLMT) Top Institutional Holders
154.0 institutions hold shares in Calumet Inc (CLMT), with institutional investors hold 53.70% of the company’s shares. The shares outstanding are 85.95M, and float is at 68.46M with Short Float at 14.11%. Institutions hold 42.42% of the Float.
The top institutional shareholder in the company is WASSERSTEIN DEBT OPPORTUNITIES MANAGEMENT, L.P. with over 6.89 million shares valued at $110.61 million. The investor’s holdings represent 8.5547% of the CLMT Shares outstanding. As of 2024-06-30, the second largest holder is ADAMS ASSET ADVISORS, LLC with 5.25 million shares valued at $84.28 million to account for 6.5187 of the shares outstanding. The other top investors are KNOTT DAVID M JR which holds 4.33 million shares representing 5.369% and valued at over $69.42 million, while GOLDMAN SACHS GROUP INC holds 0.8069 of the shares totaling 0.65 million with a market value of $10.43 million.
Calumet Inc (CLMT) Insider Activity
The most recent transaction is an insider sale by Mawer Stephen P, the company’s Director. SEC filings show that Mawer Stephen P sold 3,655 shares of the company’s common stock on Mar 06 ’25 at a price of $12.64 per share for a total of $46199.0. Following the sale, the insider now owns 0.2 million shares.
Still, SEC filings show that on Mar 04 ’25, Lunin David (EVP – CFO) acquired 2,500 shares at an average price of $13.05 for $32625.0. The insider now directly holds 2,500 shares of Calumet Inc (CLMT).
