<- Go home

Added to YB: 2024-06-20

Pitch date: 2024-05-16

CC [bullish]

The Chemours Company

-52.3%

current return

Author Info

No bio for this author

Company Info

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.

Market Cap

$1.6B

Pitch Price

$27.15

Price Target

57.74 (+346%)

Dividend

9.42%

EV/EBITDA

5.96

P/E

18.63

EV/Sales

0.90

Sector

Chemicals

Category

turnaround

Show full summary:
McIntyre Partnerships New Position: The Chemours Company

CC: TiO2 cycle upswing after 2yr downturn. Q1 TiO2 peers KRO +25%, TROX +35% on better volumes/pricing, lower costs. CC -20% on accounting issues. $1.5B 2025E EBITDA ($4.50 FCF/sh). 8-12x multiple = 50-100% upside as cycle recovers & mgmt issues fade.

Read full article (1 min)