Home Sectors Basic Materials Stock Under Review: Chemours Company (NYSE: CC)

Stock Under Review: Chemours Company (NYSE: CC)

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Chemours Company is part of the basic materials sector and is part of the chemicals industry. The company CEO is Mark P. Vergnano. The Chemours Co is a chemical manufacturing company that produces and develops titanium technologies, fluoroproducts and chemical solutions. It also produces refrigerants and industrial resins.

Previous Intraday Trading Performance:

The CC stock showed a previous change of 1.99% with an open at 40.97 and a close of 40.45. It reached an intraday high of 41.60 and a low of 40.13.

PR Newswire:  Chemours Announces Dates for First Quarter 2019 Earnings Release and Webcast Conference Call

Liquidity:

The stock has a market cap of $6.7b with 166.3m shares outstanding, of which the float is 164.6m shares. Trading volume reached 1,876,752 shares compared to its average volume of 1,776,570 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Chemours Company shares returned 7.87% and in the past 30 trading days it returned 7.35%. Over three months, it changed 24.62%. In one year it has changed -19.23% and within that year its 52-week high was 53.25 and its 52-week low was 25.17. CC stock is 60.71% above its 52 Week Low.

Our calculations show a 200 day moving average of 37.18 and a 50 day moving average of 38.00. Currently CC stock is trading 8.80% above its 200 day moving average.

PR Newswire:  Chemours Announces Dates for First Quarter 2019 Earnings Release and Webcast Conference Call

Earnings:

The last annual fiscal EPS for the company was reported at 5.45 that ended on 31st of December 2018, which according to the previous close, that is a PE of 7.42. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.96. The TTM EPS is 5.66, which comes to a TTM PE of 7.15.

The dividend per share is currently 1.00, which is a dividend yield of 2.47%. Also, the payout ratio is 17.67%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 68.60, which means it is possibly undervalued and has a margin of safety of 41.03%

Indicators to Watch:

Based on the latest filings, there is 0.90% of insider ownership and 144.00% of institutional ownership. Short-interest is 5,121,684, which is 3.08% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.69. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 2.20

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 106.19%, return on assets is 13.58%, profit margin is 14.24%, price-to-sales is 1.34 and price-to-book is 6.50.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 4  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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