Chemours (CC) Projected to Post Quarterly Earnings on Tuesday

Chemours (NYSE:CC) is expected to release its earnings data before the market opens on Tuesday, February 18th. Analysts expect Chemours to post earnings of $0.10 per share and revenue of $1.37 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Chemours Stock Down 1.5 %

Shares of CC opened at $18.00 on Tuesday. The firm has a 50 day simple moving average of $18.68 and a two-hundred day simple moving average of $19.20. The company has a debt-to-equity ratio of 6.05, a current ratio of 1.73 and a quick ratio of 0.92. Chemours has a one year low of $15.10 and a one year high of $31.76. The company has a market cap of $2.69 billion, a P/E ratio of 35.99 and a beta of 1.81.

Wall Street Analysts Forecast Growth

CC has been the subject of a number of research analyst reports. Barclays boosted their price target on Chemours from $21.00 to $23.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 5th. Mizuho lowered their target price on Chemours from $22.00 to $21.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Truist Financial initiated coverage on shares of Chemours in a research note on Tuesday, January 28th. They issued a “buy” rating and a $27.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $25.00 price objective on shares of Chemours in a research report on Thursday, December 12th. Finally, The Goldman Sachs Group cut their target price on shares of Chemours from $24.00 to $21.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $24.11.

About Chemours

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through three segments: Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. The Titanium Technologies segment provides TiO2 pigment under the Ti-Pure brand for delivering whiteness, brightness, opacity, durability, efficiency, and protection in various of applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride, laminate papers used for furniture and building materials, coated paper, and coated paperboard used for packaging.