The Huntsman Corporation (NYSE:HUN) is going down by -2.91% in today’s trading session, a fall equivalent to -0.58% of the stock’s price from yesterday’s market close. A news came out on 08/08/19 stating that Huntsman Announces Third Quarter 2019 Common Dividend by WSJ. The lowest point that the shares touched during the trading session was $19.27, while the peak of the day was recorded at a share price of $20.90. HUN finished the previous session at $19.90 according to the data provided by Barchart, while the trading volume was observed to be $1,618,822.
In the 100 days of trading, HUN managed to top a 20.74% Moving average. Additionally, Huntsman Corporation shares have achieved a 52-week range between 17.33 and 33.04 alongside 100 days raw stochastic set at 22.57%.
The number of shares outstanding, according to the fundamentals of the company, is set at 242.76M, equal to the value of $4.83B in market capitalization. Financial analysts indicate that HUN shares should be still ranked as a “Outperform”. In the last 30 days, Huntsman Corporation shares went down by -12.00%, adding 21.83 to growth in value, on top of a +6.66% boost since 07/12/19.
Huntsman Corporation (NYSE:HUN) Analyst’s Estimates
Huntsman Corporation (HUN) could record at least $0.62 per share in quarterly earnings in the upcoming report on 10/28/2019, a number that would actually represent an increase of 21.43% YOY.
According to the average analyst rating, Huntsman Corporation would be rated as 2.12. Out of 17 different analysts monitoring HUN stock, 3 analysts rate the stock as a BUY, 3 suggest to give the rating of HOLD, 10 indicate that HUN is an OUTPERFORM, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERPERFORM.
On May-10-19, the stock earned a Upgrade rating due to a new analyst call from Goldman, while analysts from Nomura believe that the stock is set at Buy from Neutral, as concluded on Apr-15-19. JP Morgan, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on Feb-13-19.
Citigroup, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Oct-01-18, giving the stock a Neutral from the Buy rating.
HUN Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +21.59% has been attained, while the operating margin has been recorded at +11.12%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 5.91%. Beta value of the stock is recorded at 2.29. Additionally, Huntsman Corporation is recording price volatility of 4.31% for the period of the last seven days and 3.91% in the last 30 days.
Huntsman Corporation (NYSE:HUN) Technical Outlook
For the period of the last 50 days, Huntsman Corporation had its Raw Stochastic average set at 31.41% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 31.41%. Stochastic %K for Huntsman Corporation, with the last 20 days included, was set at 39.70%, having Stochastic %D topping 49.74%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Huntsman Corporation stocks with recording -37.34% in metrics.
Huntsman Corporation Insider Watch:
As far as the position of shares issued by Huntsman Corporation (NYSE:HUN) for the period concluded at the market close of 08/13/19, 181 institutional investors increased their positions in HUN shares by 18,718,397, 201 decreased positions by 23,680,698 and 55 institutional investors decided to hold positions at 133,153,672. These numbers put the complete list of institutional holdings set at 175,552,767 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 56 institutional investments with 7,508,479 new shares in addition to having 64 institutional investors selling their positions in 3,817,946 shares.