Media headlines about Huntsman (NYSE:HUN) have trended somewhat positive on Sunday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Huntsman earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.8832561709645 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Gov. Gary Herbert is raising money as if he’s running for re-election — though he says he’s not (sltrib.com)
- Soloski Prepared to Rise to the Occasion (dailyutahchronicle.com)
- Pressure? No problem for thriving Utah gymnastics’ Lewis (ksl.com)
- Global Ethanolamines Market 2017-2021: Key Vendors are Akzo Nobel, BASF, INEOS Group, Huntsman International, SABIC & The Dow Chemical (prnewswire.co.uk)
- Here's Why Huntsman (HUN) Should Be in Your Portfolio Now (finance.yahoo.com)
Huntsman (NYSE:HUN) traded down $0.03 during midday trading on Friday, reaching $34.56. 1,401,311 shares of the company’s stock traded hands, compared to its average volume of 2,277,128. The company has a quick ratio of 1.52, a current ratio of 1.87 and a debt-to-equity ratio of 1.10. Huntsman has a 12 month low of $19.52 and a 12 month high of $35.00. The firm has a market cap of $8,294.68, a PE ratio of 16.23, a PEG ratio of 1.73 and a beta of 2.85.
Huntsman (NYSE:HUN) last issued its quarterly earnings data on Friday, October 27th. The basic materials company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.17. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $1.99 billion. Huntsman had a net margin of 5.37% and a return on equity of 30.64%. The company’s revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 EPS. sell-side analysts predict that Huntsman will post 2.74 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a dividend of $0.125 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.50 annualized dividend and a dividend yield of 1.45%. Huntsman’s dividend payout ratio is presently 23.47%.
A number of research analysts recently weighed in on HUN shares. UBS Group lifted their price objective on shares of Huntsman from $31.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, September 19th. Nomura boosted their price target on shares of Huntsman from $30.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, September 19th. Instinet reiterated a “buy” rating and set a $34.00 price target (up previously from $30.00) on shares of Huntsman in a report on Wednesday, September 20th. Wells Fargo & Co upgraded shares of Huntsman from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $30.00 to $32.00 in a report on Thursday, September 28th. Finally, Alembic Global Advisors reiterated a “buy” rating on shares of Huntsman in a report on Monday, October 2nd. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Huntsman currently has an average rating of “Buy” and a consensus price target of $33.00.
In other news, Director Mary C. Beckerle sold 4,507 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $30.76, for a total transaction of $138,635.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Monte G. Edlund sold 21,493 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $31.99, for a total transaction of $687,561.07. Following the sale, the insider now owns 75,771 shares of the company’s stock, valued at approximately $2,423,914.29. The disclosure for this sale can be found here. Insiders have sold a total of 25,210,738 shares of company stock valued at $561,179,159 in the last 90 days. Insiders own 19.00% of the company’s stock.
Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.
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