Chemours (CC) closed at $30.91 in the latest trading session, marking a -1.47% move from the prior day. This change lagged the S&P 500's 0.24% loss on the day.Prior to today's trading, shares of the chemical company had lost 0.76% over the past month. This has was narrower than the Basic Materials sector's loss of 3.15% and the S&P 500's loss of 2.12% in that time.Wall Street will be looking for positivity from CC as it approaches its next earnings report date. On that day, CC is projected to report earnings of $0.97 per share, which would represent year-over-year growth of 106.38%. Our most recent consensus estimate is calling for quarterly revenue of $1.64 billion, up 32.87% from the year-ago period.CC's full-year Zacks Consensus Estimates are calling for earnings of $3.69 per share and revenue of $6.12 billion. These results would represent year-over-year changes of +86.36% and +24.07%, respectively.Any recent changes to analyst estimates for CC should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. CC currently has a Zacks Rank of #3 (Hold).Looking at its valuation, CC is holding a Forward P/E ratio of 8.51. For comparison, its industry has an average Forward P/E of 11.99, which means CC is trading at a discount to the group.Meanwhile, CC's PEG ratio is currently 0.28. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Chemical - Diversified was holding an average PEG ratio of 1.11 at yesterday's closing price.The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 173, putting it in the bottom 32% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Chemours Company (CC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research