Huntsman Corporation (NYSE:HUN) went down by -0.57% from its latest closing price compared to the recent 1-year high of $32.35. The company’s stock price has collected 0.57% of gains in the last five trading sessions. Barron’s reported on 10/02/21 that Chemicals Firms See Large Stock Buys
Is It Worth Investing in Huntsman Corporation (NYSE :HUN) Right Now?
Huntsman Corporation (NYSE:HUN) scored a price-to-earnings ratio above its average ratio, recording 11.15 x from its present earnings ratio. Plus, the 36-month beta value for HUN is at 1.29. Opinions of the stock are interesting as 16 analysts out of 21 who provided ratings for Huntsman Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $36.15, which is $4.09 above the current price. HUN currently public float of 200.66M and currently shorts hold a 2.54% ratio of that float. Today, the average trading volume of HUN was 2.64M shares.
HUN’s Market Performance
HUN stocks went up by 0.57% for the week, with a monthly jump of 18.69% and a quarterly performance of 18.34%, while its annual performance rate touched 31.20%. The volatility ratio for the week stands at 1.93% while the volatility levels for the past 30 days are set at 2.76% for Huntsman Corporation. The simple moving average for the period of the last 20 days is 8.72% for HUN stocks with a simple moving average of 14.24% for the last 200 days.
Analysts’ Opinion of HUN
Goldman, on the other hand, stated in their research note that they expect to see HUN reach a price target of $33, previously predicting the price at $37. The rating they have provided for HUN stocks is “Neutral” according to the report published on May 11th, 2021.
Seaport Global Securities gave a rating of “Buy” to HUN, setting the target price at $35 in the report published on January 11th of the current year.
HUN Trading at 16.25% from the 50-Day Moving Average
After a stumble in the market that brought HUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.26% of loss for the given period.
Volatility was left at 2.76%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +15.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.66% upper at present.
During the last 5 trading sessions, HUN rose by +0.57%, which changed the moving average for the period of 200-days by +24.83% in comparison to the 20-day moving average, which settled at $29.30. In addition, Huntsman Corporation saw 25.78% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HUN starting from Wright Randy W., who sale 42,671 shares at the price of $28.99 back on Jun 01. After this action, Wright Randy W. now owns 9,283 shares of Huntsman Corporation, valued at $1,237,032 using the latest closing price.
Wright Randy W., the VP and Controller of Huntsman Corporation, sale 42,352 shares at $29.00 during a trade that took place back on May 21, which means that Wright Randy W. is holding 51,954 shares at $1,228,208 based on the most recent closing price.
Stock Fundamentals for HUN
Current profitability levels for the company are sitting at:
- +3.16 for the present operating margin
- +18.28 for the gross margin
The net margin for Huntsman Corporation stands at +4.30. The total capital return value is set at 3.19, while invested capital returns managed to touch 4.84. Equity return is now at value 18.10, with 7.50 for asset returns.
Based on Huntsman Corporation (HUN), the company’s capital structure generated 73.43 points at debt to equity in total, while total debt to capital is 42.34. Total debt to assets is 29.66, with long-term debt to equity ratio resting at 55.10. Finally, the long-term debt to capital ratio is 31.77.
When we switch over and look at the enterprise to sales, we see a ratio of 1.12, with the company’s debt to enterprise value settled at 0.38. The receivables turnover for the company is 6.46 and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.