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Huntsman Co. (NYSE:HUN - Get Rating) has been given a consensus recommendation of "Moderate Buy" by the fifteen ratings firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $44.73.
Several equities analysts recently commented on the company. StockNews.com lowered Huntsman from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, June 15th. UBS Group lowered Huntsman from a "buy" rating to a "neutral" rating and set a $40.00 price target on the stock. in a research report on Monday. Deutsche Bank Aktiengesellschaft reduced their price target on Huntsman from $46.00 to $40.00 in a research report on Monday, May 2nd. Wells Fargo & Company reduced their price target on Huntsman from $42.00 to $35.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 22nd. Finally, Bank of America lowered Huntsman from a "buy" rating to an "underperform" rating and reduced their price target for the stock from $45.00 to $34.00 in a research report on Tuesday, June 14th.Huntsman Stock Performance
NYSE HUN opened at $29.26 on Thursday. The firm has a market capitalization of $6.14 billion, a P/E ratio of 5.41, a P/E/G ratio of 1.23 and a beta of 1.21. Huntsman has a 1-year low of $24.09 and a 1-year high of $41.65. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.88 and a quick ratio of 1.23. The business's 50-day simple moving average is $31.22 and its 200-day simple moving average is $34.84.
Huntsman (NYSE:HUN - Get Rating) last released its quarterly earnings data on Thursday, April 28th. The basic materials company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.19. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.28 billion. Huntsman had a return on equity of 21.09% and a net margin of 13.16%. The company's revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.66 EPS. Equities analysts predict that Huntsman will post 4.42 EPS for the current year. Huntsman Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were issued a $0.2125 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.90%. Huntsman's dividend payout ratio (DPR) is 15.71%. Institutional Investors Weigh In On Huntsman
A number of institutional investors have recently made changes to their positions in the company. Sigma Planning Corp increased its holdings in shares of Huntsman by 0.9% in the 4th quarter. Sigma Planning Corp now owns 33,796 shares of the basic materials company's stock valued at $1,179,000 after acquiring an additional 288 shares during the last quarter. CWM LLC grew its stake in Huntsman by 45.3% during the 1st quarter. CWM LLC now owns 1,136 shares of the basic materials company's stock worth $43,000 after buying an additional 354 shares during the last quarter. CIBC Asset Management Inc grew its stake in Huntsman by 4.0% during the 4th quarter. CIBC Asset Management Inc now owns 9,228 shares of the basic materials company's stock worth $322,000 after buying an additional 355 shares during the last quarter. TCI Wealth Advisors Inc. grew its stake in Huntsman by 53.2% during the 1st quarter. TCI Wealth Advisors Inc. now owns 1,331 shares of the basic materials company's stock worth $50,000 after buying an additional 462 shares during the last quarter. Finally, Stephens Inc. AR grew its stake in Huntsman by 5.7% during the 1st quarter. Stephens Inc. AR now owns 9,757 shares of the basic materials company's stock worth $366,000 after buying an additional 528 shares during the last quarter. 84.02% of the stock is currently owned by institutional investors. Huntsman Company Profile (Get Rating)
Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates through four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products.Read MoreGet a free copy of the StockNews.com research report on Huntsman (HUN)Can These Two Airline Stocks Overcome Gravity And Fly Higher? Shopify Stock Rallies Despite Quarterly LossTwo Automation Stocks The Institutions Are Buying Can Owens-Corning Insulate Your Portfolio? Consumer Staple Kraft-Heinz Quietly Builds Momentum
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