Chemtura Corp. (CHMT) Scheduled to Post Earnings on Monday
Chemtura Corp. (NYSE:CHMT) is set to post its Q413 quarterly earnings results on Monday, February 24th. Analysts expect Chemtura Corp. to post earnings of $0.11 per share and revenue of $533.53 million for the quarter.
Shares of Chemtura Corp. (NYSE:CHMT) opened at 24.62 on Friday. Chemtura Corp. has a 1-year low of $19.05 and a 1-year high of $28.17. The stock has a 50-day moving average of $25.50 and a 200-day moving average of $24.55. The company’s market cap is $2.375 billion.
Several analysts have recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Chemtura Corp. from a “sell” rating to a “neutral” rating in a research note on Tuesday. On the ratings front, analysts at Zacks downgraded shares of Chemtura Corp. from an “outperform” rating to an “underperform” rating in a research note on Tuesday, February 11th. They now have a $23.20 price target on the stock. Finally, analysts at Zacks upgraded shares of Chemtura Corp. from a “neutral” rating to an “outperform” rating in a research note on Monday, January 13th. They now have a $28.30 price target on the stock. Three analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $28.55.
Chemtura Corporation (NYSE:CHMT) is a diversified global developer, manufacturer and marketer of performance-driven engineered specialty chemicals.
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