Huntsman Corporation (NYSE:HUN) Closes at $31.36, Underpriced by 5.3%

Joanna Estrada
November 1, 2017

Covering sell-side analysts are estimating company growth for next year to be -9.17%.

HUN has been the topic of a number of other reports. BidaskClub raised Huntsman Corporation from a buy rating to a strong-buy rating in a research report on Thursday, July 6th.

Huntsman Corporation (NYSE:HUN) received a Buy rating from 2 analysts. Finally, Wells Fargo & Company raised Huntsman Corporation from a "market perform" rating to an "outperform" rating and upped their price target for the company from $30.00 to $32.00 in a report on Thursday, September 28th.

The Stock had a 1 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.4 and 1.4 respectively. The company now has an average rating of Buy and an average price target of $31.55. If you are viewing this report on another site, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark laws. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2017/10/31/huntsman-corporation-hun-forecasted-to-earn-fy2018-earnings-of-2-00-per-share.html.

Huntsman Corporation (HUN) closed its day with gain 0.97% and ended at the price of $31.36. Huntsman Corporation has $35.0 highest and $0 lowest target. The stock has a market capitalization of $7.46 billion, a PE ratio of 21.72 and a beta of 2.79. Huntsman Corporation (NYSE:HUN) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. The basic materials company reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.17.

More notable recent Huntsman Corporation (NYSE:HUN) news were published by: Prnewswire.com which released: "Huntsman Announces Strong Third Quarter 2017 Results; Balance Sheet ..." on October 27, 2017, also Nasdaq.com with their article: "Is Huntsman Corporation (HUN) a Suitable Pick for Value Investors?" published on October 11, 2017, Seekingalpha.com published: "Huntsman's (HUN) CEO Peter Huntsman on Q3 2017 Results - Earnings Call Transcript" on October 27, 2017. Huntsman Corp. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the prior year, the company posted $0.38 earnings per share. Huntsman Corporation's quarterly revenue was up 18.5% on a year-over-year basis. Gam Ag has invested 0.29% in Huntsman Corporation (NYSE:HUN). Finally, Bronfman E.L. Rothschild L.P. boosted its holdings in Huntsman Corporation by 0.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,385 shares of the basic materials company's stock valued at $139,000 after buying an additional 24 shares during the last quarter. Royal Bank Of Scotland Group Plc acquired 34,718 shares as Valero Energy Corp New (VLO)'s stock declined 2.47%. These ratios are important while doing valuation of the company or the shares of the company. SG Americas Securities LLC bought a new stake in Huntsman Corporation in the first quarter worth $122,000. The company's revenue was down 10.4% compared to the same quarter a year ago.

The company now has an insider ownership of 2 Percent and Institutional ownership of 78.4 Percent. Opera Trading Capital purchased a new stake in shares of Huntsman Corporation in the 2nd quarter valued at about $129,000. Acrospire Investment Management LLC now owns 8,208 shares of the basic materials company's stock valued at $212,000 after buying an additional 200 shares during the last quarter.

Why It Might Be Time to Try Huntsman Corporation (HUN)" with publication date: "October 11, 2017.

Looking at a company's operating margin is also helpful.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER