Huntsman Corp (NYSE: HUN) is -0.61% lower on its value in year-to-date trading and has touched a low of $15.95 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 $17.87 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $17.92, the stock is 2.70% and -4.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing 0.28% at the moment leaves the stock -18.82% off its SMA200. HUN registered -23.19% loss for a year compared to 6-month loss of -22.22%. The firm has a 50-day simple moving average (SMA 50) of $18.8278 and a 200-day simple moving average (SMA200) of $22.1166.
The stock witnessed a -3.45% gain in the last 1 month and extending the period to 3 months gives it a -23.74%, and is 7.31% 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 2.24% over the week and 2.59% over the month.
Huntsman Corp (HUN) has around 6000 employees, a market worth around $3.10B and $5.99B in sales. Fwd P/E is 28.59. Profit margin for the company is -1.79%. Distance from 52-week low is 12.35% and -33.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.14%).
with sales reaching $1.45B over the same period.The EPS is expected to shrink by -78.66% this year, but quarterly earnings will post -1.32% year-over-year. Quarterly sales are estimated to grow 3.25% in year-over-year returns.
Huntsman Corp (HUN) Top Institutional Holders
465.0 institutions hold shares in Huntsman Corp (HUN), with institutional investors hold 91.40% of the company’s shares. The shares outstanding are 172.14M, and float is at 162.80M with Short Float at 3.62%. Institutions hold 86.15% 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 sale by Beckerle Mary C, the company’s Director. SEC filings show that Beckerle Mary C sold 20,201 shares of the company’s common stock on Nov 06 ’24 at a price of $21.42 per share for a total of $0.43 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Aug 12 ’24, STRYKER DAVID M (Exec VP, GC and Sec) acquired 2,500 shares at an average price of $20.11 for $50273.0. The insider now directly holds 424,579 shares of Huntsman Corp (HUN).
