Huntsman Corporation (HUN) ended its last session at $31.06 by Surging 0.52%. The basic materials company reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.17. For the next 5 years, Huntsman Corporation is expecting Growth of 8% per annum, whereas in the past 5 years the growth was 8.33% per annum.
In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Huntsman Corporation as 2.04 Billion. During the same quarter last year, the business posted $0.38 EPS. equities research analysts anticipate that Huntsman Corporation will post 2.61 EPS for the current year. Huntsman Corporation's revenue for the quarter was up 18.5% on a year-over-year basis.
Huntsman Corporation on 9/29/2017 reported its EPS as $0.3 with the analysts projecting the EPS of the stock as $0.25.
The Relative Volume of the company is 1.19 and Average Volume (3 months) is 3.37 million. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.87 and a quick ratio of 1.52. According to these analysts, the Low Revenue Estimate for Huntsman Corporation is 1.92 Billion and the High Revenue Estimate is 2.2 Billion. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 19.98 and a beta of 2.65.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, December 14th. The stock increased 1.96% or $0.17 on November 10, reaching $8.85. Huntsman Corporation (NYSE:HUN) has risen 91.88% since November 12, 2016 and is uptrending.
Several research firms have weighed in on HUN. Zacks Investment Research upgraded shares of Huntsman Corporation from a "sell" rating to a "hold" rating in a research report on Monday, July 31st. Huntsman Corp. presently has an average rating of "Buy" and an average target price of $17.17. BidaskClub lowered Huntsman Corporation from a "buy" rating to a "hold" rating in a research note on Monday, July 31st. Citigroup Inc. raised their target price on shares of Huntsman Corp. from $16.00 to $17.00 and gave the company a "neutral" rating in a report on Friday, July 15th. Alembic maintained the shares of HUN in report on Monday, June 5 with "Buy" rating. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock.
Insider Trades for Huntsman Corporation show that the latest trade was made on 6 Nov 2017 where Shoemaker (Alvin Varner), the Director completed a transaction type "Sell" in which 16346 shares were traded at a price of $31.26. The stock was sold at an average price of $31.58, for a total transaction of $12,114,403.80. Bronfman E.L. Rothschild L.P. now owns 5,385 shares of the basic materials company's stock worth $139,000 after purchasing an additional 24 shares in the last quarter. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2017/11/12/huntsman-corporation-hun-shares-sold-by-northpointe-capital-llc.html. The stock was sold at an average price of $31.28, for a total transaction of $1,188,921.52. Following the sale, the chairman now directly owns 115,206 shares of the company's stock, valued at approximately $3,638,205.48. The disclosure for this sale can be found here.
Hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. now owns 28,889 shares of the basic materials company's stock worth $746,000 after purchasing an additional 192 shares in the last quarter. Synovus Financial Corp lifted its position in shares of Huntsman Corporation by 0.7% during the second quarter. New York State Teachers Retirement System lifted its position in shares of Huntsman Corporation by 0.6% during the first quarter. Creative Planning increased its stake in Huntsman Corp.by 2.5% in the second quarter. Dougherty & Company maintained the stock with "Buy" rating in Friday, August 4 report. Institutional investors and hedge funds own 74.31% of the company's stock.
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Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products.