The price of Huntsman Corp (NYSE: HUN) closed at $24.52 in the last session, down -3.96% from day before closing price of $25.53. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 1814164 shares were traded.
Ratios:
We take a closer look at HUN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on February 23, 2024, Upgraded its rating to Overweight and sets its target price to $32 from $25 previously.
On December 11, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $28.
BofA Securities Upgraded its Underperform to Buy on October 18, 2023, while the target price for the stock was maintained at $27.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 02 ’23 when STRYKER DAVID M bought 2,500 shares for $24.50 per share. The transaction valued at 61,250 led to the insider holds 385,502 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HUN now has a Market Capitalization of 4.42B and an Enterprise Value of 5.94B. As of this moment, Huntsman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.95, and their Forward P/E ratio for the next fiscal year is 14.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 0.97 whereas that against EBITDA is 13.45.
Stock Price History:
Over the past 52 weeks, HUN has reached a high of $29.90, while it has fallen to a 52-week low of $22.14. The 50-Day Moving Average of the stock is 25.21, while the 200-Day Moving Average is calculated to be 25.46.
Shares Statistics:
According to the various share statistics, HUN traded on average about 2.06M shares per day over the past 3-months and 1.76M shares per day over the past 10 days. A total of 171.58M shares are outstanding, with a floating share count of 161.98M. Insiders hold about 5.98% of the company’s shares, while institutions hold 85.81% stake in the company. Shares short for HUN as of Mar 28, 2024 were 5.32M with a Short Ratio of 2.58, compared to 4.14M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.07% and a Short% of Float of 3.26%.
Dividends & Splits
The forward annual dividend rate for HUN is 0.96, which was 0.95 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 3.72%, it implies a Forward Annual Dividend Yield of 3.92%. The stock’s 5-year Average Dividend Yield is 2.97.
Earnings Estimates
The company has 17 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.12, while EPS last year was $0.2. The consensus estimate for the next quarter is $0.15, with high estimates of $0.28 and low estimates of $0.04.
Analysts are recommending an EPS of between $1.2 and $0.2 for the fiscal current year, implying an average EPS of $0.57. EPS for the following year is $1.64, with 17 analysts recommending between $2.3 and $0.93.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $1.48B. It ranges from a high estimate of $1.56B to a low estimate of $1.37B. As of the current estimate, Huntsman Corp’s year-ago sales were $1.61B, an estimated decrease of -8.10% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $1.62B, an increase of 1.40% over than the figure of -$8.10% in the same quarter last year. There is a high estimate of $1.69B for the next quarter, whereas the lowest estimate is $1.47B.
A total of 16 analysts have provided revenue estimates for HUN’s current fiscal year. The highest revenue estimate was $6.53B, while the lowest revenue estimate was $5.77B, resulting in an average revenue estimate of $6.25B. In the same quarter a year ago, actual revenue was $6.11B, up 2.20% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $6.73B in the next fiscal year. The high estimate is $7.15B and the low estimate is $6.42B. The average revenue growth estimate for next year is up 7.80% from the average revenue estimate for this year.
