News articles about Huntsman (NYSE:HUN) have been trending somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Huntsman earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 46.9422225855406 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- A career-high outing from Provo paces Utah in Pac-12 opening rout of Arizona (sltrib.com)
- Analysts Anticipate Huntsman Co. (HUN) Will Post Quarterly Sales of $2.10 Billion (americanbankingnews.com)
- Ken Griffin Kicks in $3 Million for Soccer: Philanthropy Tracker … – Bloomberg (bloomberg.com)
- Top Ranked Value Stocks to Buy for December 29th (finance.yahoo.com)
- Minehead Harriers confirm 10-year-old horse ‘in the prime of her life’ died at Boxing Day hunt in Somerset (somersetlive.co.uk)
A number of brokerages have issued reports on HUN. JPMorgan Chase & Co. initiated coverage on Huntsman in a research note on Wednesday, December 13th. They issued an “overweight” rating and a $36.00 price target on the stock. Goldman Sachs Group restated a “hold” rating and issued a $36.00 price objective on shares of Huntsman in a report on Monday, December 4th. ValuEngine downgraded Huntsman from a “strong-buy” rating to a “buy” rating in a report on Friday, December 15th. UBS Group raised their target price on Huntsman from $32.00 to $35.00 and gave the company a “buy” rating in a report on Monday, October 30th. Finally, Nomura raised their target price on Huntsman to $40.00 and gave the company a “buy” rating in a report on Monday, October 30th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Huntsman currently has a consensus rating of “Buy” and a consensus target price of $33.00.
Shares of Huntsman (NYSE:HUN) traded down $0.13 on Monday, hitting $33.29. The stock had a trading volume of 995,400 shares, compared to its average volume of 3,631,681. Huntsman has a one year low of $18.93 and a one year high of $33.79. The firm has a market cap of $7,989.87, a price-to-earnings ratio of 15.63, a price-to-earnings-growth ratio of 1.52 and a beta of 2.85. The company has a current ratio of 1.87, a quick ratio of 1.52 and a debt-to-equity ratio of 1.10.
Huntsman (NYSE:HUN) last released its quarterly earnings data on Friday, October 27th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.17. Huntsman had a return on equity of 30.64% and a net margin of 5.37%. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the firm posted $0.38 EPS. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. sell-side analysts forecast that Huntsman will post 2.74 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a yield of 1.50%. Huntsman’s dividend payout ratio (DPR) is presently 23.47%.
In other Huntsman news, Chairman Jon M. Huntsman sold 383,610 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $31.58, for a total transaction of $12,114,403.80. Following the completion of the transaction, the chairman now owns 115,206 shares in the company, valued at approximately $3,638,205.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP J Kimo Esplin sold 240,793 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $30.99, for a total value of $7,462,175.07. Following the completion of the sale, the vice president now directly owns 528,889 shares in the company, valued at approximately $16,390,270.11. The disclosure for this sale can be found here. Insiders have sold a total of 23,061,783 shares of company stock valued at $512,316,794 in the last quarter. 19.00% of the stock is currently owned by insiders.
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Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.
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