Huntsman Corp (NYSE: HUN) is -17.47% lower on its value in year-to-date trading and has touched a low of $19.91 and a high of $27.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HUN stock was last observed hovering at around $21.74 in the last trading session, with the day’s loss setting it -1.0%.
Currently trading at $20.74, the stock is -9.16% and -8.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.22 million and changing -4.60% at the moment leaves the stock -12.33% off its SMA200. HUN registered -14.08% loss for a year compared to 6-month loss of -18.15%. The firm has a 50-day simple moving average (SMA 50) of $22.7604 and a 200-day simple moving average (SMA200) of $23.6712.
The stock witnessed a -14.23% gain in the last 1 month and extending the period to 3 months gives it a 2.22%, and is -6.70% down 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 3.11% over the week and 2.23% over the month.
Huntsman Corp (HUN) has around 6000 employees, a market worth around $3.59B and $5.99B in sales. Fwd P/E is 20.40. Profit margin for the company is -1.99%. Distance from 52-week low is 4.17% and -23.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.57%).
with sales reaching $1.5B over the same period.The EPS is expected to shrink by -56.96% this year, but quarterly earnings will post -0.40% year-over-year. Quarterly sales are estimated to grow 7.10% in year-over-year returns.
Huntsman Corp (HUN) Top Institutional Holders
480.0 institutions hold shares in Huntsman Corp (HUN), with institutional investors hold 92.22% of the company’s shares. The shares outstanding are 171.58M, and float is at 162.79M with Short Float at 2.70%. Institutions hold 86.91% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.38 million shares valued at $373.07 million. The investor’s holdings represent 9.5368% of the HUN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.26 million shares valued at $324.61 million to account for 8.2979 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 9.99 million shares representing 5.8123% and valued at over $227.37 million, while ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC holds 3.8753 of the shares totaling 6.66 million with a market value of $151.6 million.
Huntsman Corp (HUN) Insider Activity
The most recent transaction is an insider purchase by STRYKER DAVID M, the company’s Exec VP, GC and Sec. SEC filings show that STRYKER DAVID M bought 2,500 shares of the company’s common stock on Aug 12 ’24 at a price of $20.11 per share for a total of $50273.0. Following the purchase, the insider now owns 0.42 million shares.
