Huntsman Corporation (NYSE: HUN) is 15.87% higher on its value in year-to-date trading and has touched a low of $23.53 and a high of $41.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HUN stock was last observed hovering at around $32.04 in the last trading session, with the day’s loss setting it -0.2% off its average median price target of $32.00 for the next 12 months. It is also 20.4% off the consensus price target high of $40.00 offered by 21 analysts, but current levels are -27.36% lower than the price target low of $25.00 for the same period.
Currently trading at $31.84, the stock is 7.43% and 11.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing -0.62% at the moment leaves the stock 7.49% off its SMA200. HUN registered -10.18% loss for a year compared to 6-month loss of 9.79%.
The stock witnessed a 16.25% gain in the last 1 month and extending the period to 3 months gives it a 17.58%, and is 3.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.75% over the week and 2.66% over the month.
Huntsman Corporation (HUN) has around 9000 employees, a market worth around $5.92B and $9.07B in sales. Current P/E ratio is 5.95 and Fwd P/E is 11.99. Profit margin for the company is 12.70%. Distance from 52-week low is 35.29% and -23.55% from its 52-week high. The company has generated returns on investments over the last 12 months (17.30%).
Huntsman Corporation (HUN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Huntsman Corporation (HUN) is a “Overweight”. 21 analysts offering their recommendations for the stock have an average rating of 2.70, where 10 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Huntsman Corporation is expected to release its quarterly report on 04/27/2023.The EPS is expected to grow by 304.40% this year.
Huntsman Corporation (HUN) Top Institutional Holders
The shares outstanding are 197.70M, and float is at 179.92M with Short Float at 2.77%.
Huntsman Corporation (HUN) Insider Activity
A total of 3 insider transactions have happened at Huntsman Corporation (HUN) in the last six months, with sales accounting for 1 and purchases happening 2 times. The most recent transaction is an insider purchase by STRYKER DAVID M,the company’sExec VP, GC and Sec. SEC filings show that STRYKER DAVID M bought 10,000 shares of the company’s common stock on Aug 12 at a price of $29.90 per share for a total of $0.3 million. Following the purchase, the insider now owns 0.34 million shares.
Huntsman Corporation disclosed in a document filed with the SEC on Aug 11 that ESPELAND CURTIS E (Director) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Aug 11 and was made at $30.18 per share for $0.45 million. Following the transaction, the insider now directly holds 18533.0 shares of the HUN stock.
Huntsman Corporation (HUN): Who are the competitors?
The company’s main competitors (and peers) include 3M Company (MMM) that is trading -33.39% down over the past 12 months.