Huntsman Co. (NYSE:HUN – Get Free Report) has been given a consensus rating of “Hold” by the ten research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $26.50.
Several brokerages recently weighed in on HUN. JPMorgan Chase & Co. upgraded Huntsman from an “underweight” rating to an “overweight” rating and boosted their target price for the stock from $22.00 to $27.00 in a research note on Friday, June 7th. UBS Group lowered their target price on Huntsman from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Royal Bank of Canada upped their target price on Huntsman from $24.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 7th. Citigroup lowered their target price on Huntsman from $26.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday, June 27th. Finally, Wells Fargo & Company lowered their target price on Huntsman from $32.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, July 11th.
Check Out Our Latest Stock Analysis on HUN
Institutional Investors Weigh In On Huntsman
Huntsman Trading Up 1.5 %
HUN opened at $23.41 on Monday. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of -45.02 and a beta of 1.01. The company has a current ratio of 1.55, a quick ratio of 0.98 and a debt-to-equity ratio of 0.49. Huntsman has a 12 month low of $21.41 and a 12 month high of $29.90. The stock has a fifty day moving average price of $23.48 and a 200-day moving average price of $24.32.
Huntsman (NYSE:HUN – Get Free Report) last released its quarterly earnings results on Thursday, May 2nd. The basic materials company reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.47 billion. Huntsman had a positive return on equity of 0.67% and a negative net margin of 1.49%. The business’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 EPS. As a group, equities research analysts anticipate that Huntsman will post 0.33 earnings per share for the current fiscal year.
Huntsman Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.00 annualized dividend and a dividend yield of 4.27%. Huntsman’s dividend payout ratio is presently -192.31%.
Huntsman Company Profile
Huntsman Corporation manufactures and sells diversified organic chemical products worldwide. The company operates in three segments: Polyurethanes, Performance Products, and Advanced Materials. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyether and polyester polyols, and thermoplastic polyurethane; and aniline, benzene, nitrobenzene and other co-products.
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