Stocks

Analyst’s Rated Stock: The Chemours Company (NYSE:CC)

The Chemours Company (NYSE:CC) jumped 14.26 percent and ended the day at $32.14. The Average Volume of the company is 3.54 Million and P/E (price to earnings) ratio is 39.29, while Forward P/E ratio is 17.52.

Goldman Upgrade its coverage for The Chemours Company (NYSE:CC) in a note sent to investors on 13-Feb-17. The research firm Upgrade the stock to Buy. Moreover, Goldman issued Downgrade rating for the stock on 12-Dec-16. Goldman also Upgrade the company to Buy on 14-Mar-16, 2016. Additionally, Jefferies Downgrade its ratings on the stock to Hold.

The highest price CC stock touched in the last 12 month was $32.78 and the lowest price it hit in the same period was $3.52. The stock has a Return on Assets of 2.4 percent, Return on Investment of -0.8 percent and a Return on Equity of 70.6 percent. The company’s market cap is $5.84 Billion.

Price Target is an important factor while doing analysis of a stock. According to 7 analysts, Price Target for The Chemours Company (NYSE:CC) may hit a high of $40. The average and low price target for the stock are $26.29 and $15, respectively.

Now we look at the Moving Averages, the 200-day is 104.81, the 50-day is 29.64 and the 20-day is 23.33. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $0.3 per share for the current quarter. Revenue is expected in between 1.28 Billion and 1.2 Billion with an average of 1.24 Billion.

When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 0. Out of 0 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell.

The Chemours Company (NYSE:CC) performance during the last one year Improved 738.39 percent, while its year to date (YTD) performance showed a Positive trend of 45.5 percent. The stock Jumped 181.84 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 54.37 percent, whereas its last one month trend is Optimistic with 31.94 percent. Its weekly performance showed upward trend of 15.49 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 2.8 percent, operating profit margin was 1.8 percent, whereas gross profit margin stands at 18.8 percent. Beta factor was calculated at 0.

The Chemours Company (NYSE:CC) has 181.6 Million shares outstanding and 181.46 Million shares were floated in market. The short ratio in the company’s stock is documented at 2.12 and the short float is around of 4.13%. The stock’s average true range of stands at 1.25, while the relative strength index is 80.29.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 1.3, current ratio was 1.9, LT Debt/Equity ratio was 9.85 and Total Debt/Equity ratio was 9.93.