Huntsman Corporation (HUN) Earning Somewhat Favorable News Coverage, Report Shows
Headlines about Huntsman Corporation (NYSE:HUN) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Huntsman Corporation earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 43.6676268551904 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Huntsman Corporation (HUN) Lifted to “Outperform” at Wells Fargo & Company (americanbankingnews.com)
- Is Huntsman Corporation’s (HUN) PE Ratio A Signal To Buy For Investors? (finance.yahoo.com)
- Huntsman Corporation (HUN) Expected to Announce Quarterly Sales of $2.06 Billion (americanbankingnews.com)
- Who is US Ambassador to Russia Jon Huntsman – TASS (tass.com)
- Jon Huntsman Fast Facts (kitv.com)
Several research analysts recently commented on the company. KeyCorp raised Huntsman Corporation from a “sector weight” rating to an “overweight” rating and set a $34.00 target price for the company in a research note on Monday, July 24th. BidaskClub cut Huntsman Corporation from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. UBS AG boosted their target price on Huntsman Corporation from $31.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Nomura boosted their target price on Huntsman Corporation from $30.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Finally, ValuEngine raised Huntsman Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 3rd. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $30.50.
Huntsman Corporation (NYSE:HUN) opened at 27.42 on Friday. Huntsman Corporation has a 52-week low of $15.05 and a 52-week high of $28.67. The firm has a market capitalization of $6.58 billion, a PE ratio of 15.54 and a beta of 2.79. The stock’s 50 day moving average price is $26.42 and its 200 day moving average price is $25.20.
Huntsman Corporation (NYSE:HUN) last announced its earnings results on Thursday, July 27th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.18. Huntsman Corporation had a return on equity of 30.04% and a net margin of 4.33%. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the previous year, the company earned $0.53 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. Analysts expect that Huntsman Corporation will post $2.32 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend was Thursday, September 14th. Huntsman Corporation’s payout ratio is 28.41%.
Huntsman Corporation Company Profile
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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