Huntsman Corporation (NYSE: HUN) has a price-to-earnings ratio of 62.57x that is above its average ratio. Additionally, the 36-month beta value for HUN is 1.18. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 rating it as “hold,” and 2 rating it as “sell.”
The average price predicted by analysts for HUN is $29.47, which is $4.19 above the current price. The public float for HUN is 167.15M and currently, short sellers hold a 1.88% ratio of that float. The average trading volume of HUN on September 19, 2023 was 1.97M shares.
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HUN) stock’s latest price update
Huntsman Corporation (NYSE: HUN)’s stock price has plunge by -1.52relation to previous closing price of 25.67. Nevertheless, the company has seen a -0.98% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-12 that While Huntsman (HUN) faces headwinds from soft demand conditions, it benefits from investment in downstream businesses and differentiated product innovation as well as strategic acquisitions.
HUN’s Market Performance
HUN’s stock has fallen by -0.98% in the past week, with a monthly drop of -7.26% and a quarterly drop of -0.63%. The volatility ratio for the week is 2.29% while the volatility levels for the last 30 days are 1.99% for Huntsman Corporation The simple moving average for the last 20 days is -5.32% for HUN stock, with a simple moving average of -9.03% for the last 200 days.
Analysts’ Opinion of HUN
Many brokerage firms have already submitted their reports for HUN stocks, with Citigroup repeating the rating for HUN by listing it as a “Neutral.” The predicted price for HUN in the upcoming period, according to Citigroup is $27 based on the research report published on June 14, 2023 of the current year 2023.
HUN Trading at -8.61% 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 -24.45% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares sank -6.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.87% lower at present.
During the last 5 trading sessions, HUN fell by -0.98%, which changed the moving average for the period of 200-days by -8.27% in comparison to the 20-day moving average, which settled at $26.61. In addition, Huntsman Corporation saw -8.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HUN starting from STRYKER DAVID M, who purchase 2,500 shares at the price of $24.50 back on Jun 02. After this action, STRYKER DAVID M now owns 385,502 shares of Huntsman Corporation, valued at $61,250 using the latest closing price.
Stock Fundamentals for HUN
Current profitability levels for the company are sitting at:
- +8.85 for the present operating margin
- +19.27 for the gross margin
The net margin for Huntsman Corporation stands at +5.58. The total capital return value is set at 11.37, while invested capital returns managed to touch 7.52. Equity return is now at value 5.00, with 2.30 for asset returns.
Based on Huntsman Corporation (HUN), the company’s capital structure generated 58.61 points at debt to equity in total, while total debt to capital is 36.95. Total debt to assets is 25.84, with long-term debt to equity ratio resting at 55.38. Finally, the long-term debt to capital ratio is 34.92.
When we switch over and look at the enterprise to sales, we see a ratio of 0.88, with the company’s debt to enterprise value settled at 0.29. The receivables turnover for the company is 6.82 and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
In conclusion, Huntsman Corporation (HUN) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
