Huntsman Corp (NYSE: HUN) is 1.27% higher on its value in year-to-date trading and has touched a low of $22.14 and a high of $29.90 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 $25.51 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $25.45, the stock is -0.85% and 2.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -0.24% at the moment leaves the stock 0.03% off its SMA200. HUN registered -4.57% loss for a year compared to 6-month gain of 5.17%. The firm has a 50-day simple moving average (SMA 50) of $0.97 and a 200-day simple moving average (SMA200) of $13.42.
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The stock witnessed a -2.60% loss in the last 1 month and extending the period to 3 months gives it a -0.20%, and is 1.76% 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 2.09% over the week and 2.10% over the month.
Huntsman Corp (HUN) has around 6000 employees, a market worth around $4.38B and $6.11B in sales. Current P/E ratio is 48.73 and Fwd P/E is 15.46. Profit margin for the company is 1.65%. Distance from 52-week low is 14.95% and -14.87% from its 52-week high. The company has generated returns on investments over the last 12 months (1.92%).
Huntsman Corp quarterly earnings per share for the current quarter are estimated at -$0.06 with sales reaching $1.47B over the same period.The EPS is expected to grow by 56.24% this year, but quarterly earnings will post 2.40% year-over-year. Quarterly sales are estimated to shrink -8.20% in year-over-year returns.
Huntsman Corp (HUN) Top Institutional Holders
481 institutions hold shares in Huntsman Corp (HUN), with institutional investors hold 91.83% of the company’s shares. The shares outstanding are 171.58M, and float is at 161.79M with Short Float at 2.56%. Institutions hold 86.29% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 17.11 million shares valued at $435.34 million. The investor’s holdings represent 9.93% of the HUN Shares outstanding. As of Dec 30, 2023, the second largest holder is Blackrock Inc. with 12.7 million shares valued at $323.31 million to account for 7.37% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 10.21 million shares representing 5.93% and valued at over $259.95 million, while FMR, LLC holds 4.52% of the shares totaling 7.79 million with a market value of $198.32 million.
Huntsman Corp (HUN) Insider Activity
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 2,500 shares of the company’s common stock on Jun 02 ’23 at a price of $24.50 per share for a total of $61250.0. Following the purchase, the insider now owns 0.39 million shares.
