(CLMT) Calumet Specialty Products - Ratings and Ratios

Calumet Specialty Products Partners is a diversified energy company that produces a wide range of specialty products and renewable fuels, catering to various consumer-facing and industrial markets across North America and globally. The companys business is segmented into Specialty Products and Solutions, Montana/Renewables, and Performance Brands, each offering distinct products such as customized lubricating oils, renewable diesel, and high-performance branded products.

The Specialty Products and Solutions segment is a key player in the production of various solvents, waxes, and other specialty chemicals, while the Montana/Renewables segment is focused on processing renewable feedstocks into sustainable aviation fuel, renewable hydrogen, and other eco-friendly products, alongside conventional gasoline and diesel production. Meanwhile, the Performance Brands segment leverages brands like Royal Purple, Bel-Ray, and TruFuel to market high-performance products to wholesale distributors and retail chains.

With a rich history dating back to 1919 and headquartered in Indianapolis, Indiana, Calumet has established itself as a significant entity in the Oil & Gas Refining & Marketing sub-industry. The companys commitment to producing a diversified slate of products positions it for potential growth in an evolving energy landscape.

Analyzing the technical data, CLMTs current price is $16.86, with its SMA20 and SMA50 indicating a positive trend. The stock is above its 50-day moving average but slightly below its 200-day moving average, suggesting a potential for stabilization. The ATR indicates a moderate volatility of 4.25%. Given the current fundamental data, including a market cap of $1.164 billion and a forward P/E ratio of 11.35, alongside a high RoE of 48.58%, the company appears to be undervalued. A forecast based on these indicators suggests that CLMT may experience a positive trajectory, potentially reaching $20 in the near term, driven by its diversified product slate, improving renewable energy focus, and current undervaluation.

To capitalize on this potential, investors should closely monitor CLMTs ability to maintain its current production levels, expand its renewable energy portfolio, and effectively manage its costs. A break above the 52-week high of $23.58 could signal significant upside potential. Conversely, failure to maintain the current price levels could indicate a revisit of the $8.99 low. Thus, a balanced view considering both technical and fundamental analysis is crucial for making informed investment decisions regarding CLMT.