According to Bloomberg Ratings, the firm has been given a “hold” Rating by most of the nineteen rating agencies tracking Huntsman Co. (NYSE: HUN), and these rating agencies are monitoring the company. In addition, five analysts have recommended purchasing the share, nine investment professionals have suggested holding on to it, and three of these experts have suggested selling the share. During the previous year, the average price target that brokerages had set for the subsequent 12 months was $34.77.
Institutional investors have recently adjusted the total number of stock they own in the company. Byrne Asset Management LLC purchased a new Huntsman holding during the third quarter of the fiscal year. The holding was estimated to be worth about $26,000. Brown Brothers Harriman & Co. added approximately thirty thousand dollars worth of Huntsman shares to its investment portfolio during the year’s first three months. CoreCap Advisors LLC made a new investment in Huntsman during the second quarter of the fiscal year. The total cost of this investment was approximately $34,000. Wipfli Financial Advisors LLC initiated a new position in Huntsman during the third quarter by purchasing shares for close to $34,000 to establish a foothold in the company. And last but not least, during the third quarter, Advisors Asset Management Inc. added approximately $36,000 worth of additional Huntsman stock to the existing portfolio of investments it manages for its clients. At present, 87.57% of the company’s shares are owned by hedge funds and other institutional investors.
This past Friday, trading on the NYSE HUN began for $27.62 per share. The company’s moving averages for the past fifty days are currently sitting at $27.47, and the moving averages for the past two hundred days are currently sitting at $27.94. A debt-to-equity ratio comes in at 0.37; a quick ratio comes in at 1.33; a current ratio comes in at 2.00, and a quick ratio comes in at 1.33. Huntsman has hit a low point over the past 52 weeks of $23.53, while the stock has reached a high point over the past 52 weeks of $41.65. The stock has a market capitalization of $5.31 billion, a PE ratio of 5.14, a PEG ratio of 1.38, and a beta value of 1.14; the PEG ratio is 1.38.
On November 5, the day after it was officially released, the most recent quarterly earnings report for Huntsman (NYSE: HUN) was made available to the general public. The company that deals in basic materials reported earnings per share (EPS) of $0.71, which was identical to the consensus estimate of $0.71 that market analysts had developed for the current quarter. Huntsman achieved a return on equity of 19.94%, and the company’s net margin came in at 12.66%. The company’s sales for the period in question came in at exactly $2.01 billion, which was exactly in line with what people who follow the industry had predicted they would be for that period. Compared to the previous year’s results for the same period, the company posted a profit of $1.08 per share. Compared to what it was during the same quarter in the prior year, the revenue for this quarter was 12.0% lower than what it was. Estimates provided by equity research companies suggest that each share of Huntsman common stock during the current fiscal year ought to generate earnings of $3.38.
The company has also announced that it will be paying a quarterly dividend on December 30. The dividend payment was disclosed just now. A $0.2125 dividend payment per share will be made on December 15 to stockholders recorded as having shares as of that day. The dividend payment will be made to stockholders recorded as having shares as of that day. On Wednesday, December 14, this dividend will be distributed to shareholders whose accounts have been brought up to date as of the announcement date. As a direct result, the dividend yield is 3.08%, and the dividend payment made each year is $0.85. Huntsman has a payout ratio of 15.83% at the moment.
The Huntsman Corporation is a manufacturer and provider of one-of-a-kind organic chemical compounds that operate internationally. The company’s operations are carried out all over the world. Polyurethanes, performance goods, advanced materials, and textile effects are the four sub-industries the company classifies as falling under its umbrella of operations. The polyurethanes division of the company is where customers can purchase polyurethane compounds for their projects. These chemicals include propylene oxide, methyl tertiary-butyl ether, polyols, thermoplastic polyurethane, and methyl diphenyl diisocyanate.
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