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, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment manufactures and sells titanium dioxide under the Ti-Pure and BaiMax brands for various applications in architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride window profiles, laminate papers used for furniture and building materials, and coated papers and paperboards used for packaging. The Fluoroproducts segment provides fluoroproducts, including refrigerants, and industrial fluoropolymer resins and derivatives under the Teflon, Viton, Krytox, and Nafion brand names. The Chemical Solutions segment offers industrial and specialty chemicals for gold production, oil and gas, water treatment, electronics, and automotive industries. It also provides sodium cyanide through its mining solutions business; and performance chemicals and intermediates, such as methylamines, glycolic acid, and Vazo free radical initiators. The Chemours Company was founded in 2014 and is headquartered in Wilmington, Delaware.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Chemicals & allied products
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:CC
CUSIPN/A
Phone302-773-1000
Debt
Debt-to-Equity Ratio3.86
Current Ratio2.09
Quick Ratio1.47
Price-To-Earnings
Trailing P/E Ratio11.34
Forward P/E Ratio7.41
P/E Growth0.5
Sales & Book Value
Annual Sales$6.18 billion
Price / Sales1.23
Cash Flow$5.2460 per share
Price / Cash8.21
Book Value$4.67 per share
Price / Book9.22
Profitability
EPS (Most Recent Fiscal Year)$3.82
Net Income$746 million
Net Margins15.11%
Return on Equity107.22%
Return on Assets13.56%
Miscellaneous
Employees7,000
Outstanding Shares176,850,000
Market Cap$7.96 billion
Chemours (NYSE:CC) Frequently Asked Questions
What is Chemours' stock symbol?
Chemours trades on the New York Stock Exchange (NYSE) under the ticker symbol "CC."
How often does Chemours pay dividends? What is the dividend yield for Chemours?
Chemours announced a quarterly dividend on Friday, August 3rd. Investors of record on Friday, August 17th will be given a dividend of $0.25 per share on Friday, September 14th. This represents a $1.00 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Thursday, August 16th. This is a positive change from Chemours's previous quarterly dividend of $0.17. View Chemours' Dividend History.
How will Chemours' stock buyback program work?
Chemours declared that its Board of Directors has approved a share repurchase plan on Monday, December 4th 2017, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.
How were Chemours' earnings last quarter?
Chemours Co (NYSE:CC) posted its quarterly earnings data on Thursday, August, 2nd. The specialty chemicals company reported $1.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.53 by $0.18. The specialty chemicals company earned $1.82 billion during the quarter, compared to analysts' expectations of $1.82 billion. Chemours had a return on equity of 107.22% and a net margin of 15.11%. The business's quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $0.87 earnings per share. View Chemours' Earnings History.
When is Chemours' next earnings date?
What price target have analysts set for CC?
10 brokerages have issued 12 month price objectives for Chemours' stock. Their predictions range from $48.00 to $68.00. On average, they expect Chemours' stock price to reach $59.2222 in the next year. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Price Targets for Chemours.
What is the consensus analysts' recommendation for Chemours?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemours in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chemours.
Who are some of Chemours' key competitors?
Some companies that are related to Chemours include ASAHI KASEI Cor/ADR (AHKSY), Koninklijke DSM (RDSMY), FMC (FMC), Johnson Matthey (JMPLY), Huntsman (HUN), Ashland Global (ASH), Olin (OLN), W. R. Grace & Co (GRA), Ingevity (NGVT), Univar (UNVR), Balchem (BCPC), PQ Group (PQG), GCP Applied Technologies (GCP), Innospec (IOSP) and KMG Chemicals (KMG).
Who are Chemours' key executives?
Chemours' management team includes the folowing people:
- Mr. Mark P. Vergnano, Pres, CEO & Director (Age 60)
- Mr. Mark E. Newman, Sr. VP & CFO (Age 55)
- Mr. David C. Shelton Esq., Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
- Mr. E. Bryan Snell, Pres of Titanium Technologies (Age 61)
- Mr. Paul Kirsch, Pres of Fluoroproducts Bus. (Age 54)
Has Chemours been receiving favorable news coverage?
Press coverage about CC stock has been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chemours earned a daily sentiment score of 0.14 on Accern's scale. They also gave headlines about the specialty chemicals company an impact score of 49.50 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Chemours.
Who are Chemours' major shareholders?
Chemours' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (13.53%), BlackRock Inc. (9.79%), Iridian Asset Management LLC CT (3.92%), Bank of New York Mellon Corp (1.21%), LSV Asset Management (0.90%) and Victory Capital Management Inc. (0.65%). Company insiders that own Chemours stock include Amy Trojanowski, Christian W Siemer, David C Shelton, E Bryan Snell, Erich Parker, Mark Newman, Mark P Vergnano, Paul Kirsch and Richard H Brown. View Institutional Ownership Trends for Chemours.
Which institutional investors are selling Chemours stock?
CC stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Renaissance Technologies LLC, Los Angeles Capital Management & Equity Research Inc., Canada Pension Plan Investment Board, Capital Fund Management S.A., Bank of New York Mellon Corp, BlackRock Inc. and Janus Henderson Group PLC. Company insiders that have sold Chemours company stock in the last year include Christian W Siemer, David C Shelton, E Bryan Snell, Erich Parker, Mark Newman, Mark P Vergnano and Paul Kirsch. View Insider Buying and Selling for Chemours.
Which institutional investors are buying Chemours stock?
CC stock was purchased by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, LSV Asset Management, FMR LLC, Marshall Wace LLP, Mackay Shields LLC, Morgan Stanley, Schwab Charles Investment Management Inc. and Engineers Gate Manager LP. View Insider Buying and Selling for Chemours.
How do I buy shares of Chemours?
Shares of CC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chemours' stock price today?
One share of CC stock can currently be purchased for approximately $43.07.
How big of a company is Chemours?
Chemours has a market capitalization of $7.96 billion and generates $6.18 billion in revenue each year. The specialty chemicals company earns $746 million in net income (profit) each year or $3.82 on an earnings per share basis. Chemours employs 7,000 workers across the globe.
How can I contact Chemours?
Chemours' mailing address is 1007 MARKET STREET, WILMINGTON DE, 19899. The specialty chemicals company can be reached via phone at 302-773-1000 or via email at [email protected]
MarketBeat Community Rating for Chemours (NYSE CC)
MarketBeat's community ratings are surveys of what our community members think about Chemours and other stocks. Vote "Outperform" if you believe CC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CC will underperform the S&P 500 over the long term. You may vote once every thirty days.
