Chemtura Corp. (NYSE:CHMT) Projected EPS At $0.44 For Next Quarter


Chemtura Corp. (NYSE:CHMT) has a mean price target of $33.80 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.44 a share for the very next quarter and $1.77 for this year.

Technical View

The technical study of Chemtura Corp. Common Stock demonstrates that the 50-day moving average of Chemtura Corp. (NYSE:CHMT) stock is $29.45, and is trading $-2.22 points away or -7.53% from 50-day moving average of $29.45. It is trading $-0.20 or -0.71% away 200-day moving average of $27.43.

The 52-week high of Chemtura Corp. (NYSE:CHMT) was $32.34 while $23.50 is the low mark in the same period. It state Chemtura Corp. Common Stock share price has to surge more than $-5.11 to hit 52-week high or drop +15.87% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Chemtura Corp. Common Stock, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Chemtura Corp. (NYSE:CHMT) ratio came in at 51.38, after dividing current equity price by yearly earnings. Chemtura Corp. Common Stock stock recorded a close of $27.23 in last trading session, registering a market cap of $1.72B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Chemtura Corp. (NYSE:CHMT) PEG ratio is at 0.79.

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