News coverage about Huntsman (NYSE:HUN) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Huntsman earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 46.797509980974 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Iron oxide Pigments Market – Global Industry, Size, Share, Growth, Trends, and Forecast 2017 – 2025 (markets.businessinsider.com)
- Scandalous Celebrity Affairs That Resulted in the Most Catastrophic Endings (cheatsheet.com)
- Dave Matthews Band Announce New Album and Tour (411mania.com)
- Barrick Declares Preliminary Q4 & FY17 Production Numbers (finance.yahoo.com)
- Stylish as ever, Utah gymnastics has a strategy behind what it wears on meet days (ksl.com)
A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Huntsman in a research report on Wednesday, December 13th. They set an “overweight” rating and a $36.00 price target for the company. Goldman Sachs Group reiterated a “hold” rating and set a $36.00 price target on shares of Huntsman in a research report on Monday, December 4th. ValuEngine downgraded shares of Huntsman from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 15th. UBS Group lifted their price target on shares of Huntsman from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, Nomura lifted their price target on shares of Huntsman to $40.00 and gave the company a “buy” rating in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $33.00.
Shares of Huntsman (NYSE HUN) traded up $0.12 on Thursday, hitting $34.28. 2,182,662 shares of the stock were exchanged, compared to its average volume of 2,920,000. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.52 and a current ratio of 1.87. Huntsman has a fifty-two week low of $19.56 and a fifty-two week high of $35.00. The stock has a market cap of $8,230.00, a PE ratio of 19.93, a price-to-earnings-growth ratio of 1.71 and a beta of 2.84.
Huntsman (NYSE:HUN) last issued its quarterly earnings data on Friday, October 27th. The basic materials company reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.17. Huntsman had a net margin of 5.37% and a return on equity of 30.64%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period last year, the company posted $0.38 EPS. The company’s revenue was up 18.5% on a year-over-year basis. equities analysts expect that Huntsman will post 2.74 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.46%. Huntsman’s dividend payout ratio (DPR) is 29.07%.
In other news, major shareholder Corp Huntsman sold 21,764,800 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $21.66, for a total transaction of $471,425,568.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Anthony P. Hankins sold 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $31.88, for a total transaction of $2,550,400.00. Following the transaction, the chief executive officer now directly owns 442,615 shares of the company’s stock, valued at $14,110,566.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,210,738 shares of company stock valued at $561,179,159. Corporate insiders own 19.00% of the company’s stock.
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Huntsman 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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