Huntsman Corp (HUN) concluded trading on Thursady at a closing price of $26.18, with 5.97 million shares of worth about $156.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.89% during that period and on Thursady the price saw a gain of about 6.29%. Currently the company’s common shares owned by public are about 183.63M shares, out of which, 164.26M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 12 times over the past 12 months. They bought 68,639 shares in 6 of the transactions. In 6 selling transactions, insiders dumped 36,948 shares.
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However, the stock later moved at a day high price of 26.53, or with a gain of 6.29%. Stock saw a price change of 11.78% in past 5 days and over the past one month there was a price change of 8.90%. Year-to-date (YTD), HUN shares are showing a performance of 4.18% which decreased to -9.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.14 but also hit the highest price of $30.51 during that period. The average intraday trading volume for Huntsman Corp shares is 1.75 million. The stock is currently trading 8.07% above its 20-day simple moving average (SMA20), while that difference is up 6.88% for SMA50 and it goes to 3.06% higher than SMA200.
Huntsman Corp (NYSE: HUN) currently have 183.63M outstanding shares and institutions hold larger chunk of about 84.75% of that.
The stock has a current market capitalization of $4.56B and its 3Y-monthly beta is at 1.13. PE ratio of stock for trailing 12 months is 50.12, while it has posted earnings per share of $0.52 in the same period. It has Quick Ratio of 1.23 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HUN, volatility over the week remained 3.68% while standing at 2.55% over the month.
Analysts are in expectations that Huntsman Corp (HUN) stock would likely to be making an EPS of -$0.17 in the current quarter, while forecast for next quarter EPS is $0.01 and it is $0.86 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.25 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.04 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 90.89% while it is estimated to increase by 129.39% in next year. EPS is likely to grow at an annualized rate of -14.33% for next 5-years, compared to annual growth of -29.00% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on December 11, 2023 offering an Equal-weight rating for the stock and assigned a target price of $28 to it. Coverage by BofA Securities stated Huntsman Corp (HUN) stock as a Buy in their note to investors on October 18, 2023, suggesting a price target of $27 for the stock. On June 14, 2023, Citigroup Initiated their recommendations, while on April 12, 2023, Mizuho Initiated their ratings for the stock with a price target of $27. Stock get a Hold rating from Vertical Research on February 22, 2023.
