Some Investing Thoughts On Huntsman Corp (NYSE: HUN)

Huntsman Corp (HUN) concluded trading on Thursday at a closing price of $17.24, with 4.98 million shares of worth about $85.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.67% during that period and on February 06, 2025 the price saw a gain of about 5.64%. Currently the company’s common shares owned by public are about 172.14M shares, out of which, 162.80M shares are available for trading.

Stock saw a price change of -0.23% in past 5 days and over the past one month there was a price change of 1.41%. Year-to-date (YTD), HUN shares are showing a performance of -4.38% which decreased to -27.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.67 but also hit the highest price of $27.01 during that period. The average intraday trading volume for Huntsman Corp shares is 2.36 million. The stock is currently trading 0.96% above its 20-day simple moving average (SMA20), while that difference is down -4.77% for SMA50 and it goes to -20.27% lower than SMA200.

Huntsman Corp (NYSE: HUN) currently have 172.14M outstanding shares and institutions hold larger chunk of about 85.28% of that.

The stock has a current market capitalization of $2.98B and its 3Y-monthly beta is at 0.98. It has posted earnings per share of -$0.62 in the same period. It has Quick Ratio of 0.83 while making debt-to-equity ratio of 0.73. 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 4.03% while standing at 2.89% over the month.

Analysts are in expectations that Huntsman Corp (HUN) stock would likely to be making an EPS of -0.1 in the current quarter, while forecast for next quarter EPS is 0.01 and it is 0.55 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.17 which is 0.08 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 -0.21 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -79.17% while it is estimated to increase by 660.74% in next year.

Coverage by JP Morgan stated Huntsman Corp (HUN) stock as an Overweight in their note to investors on June 07, 2024, suggesting a price target of $27 for the stock. On February 23, 2024, Wells Fargo Upgrade their recommendations, while on December 11, 2023, Morgan Stanley Downgrade their ratings for the stock with a price target of $28. Stock get a Buy rating from BofA Securities on October 18, 2023.

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