Huntsman (NYSE:HUN) will be posting its quarterly earnings results before the market opens on Friday, October 25th. Analysts expect Huntsman to post earnings of $0.63 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Huntsman (NYSE:HUN) last issued its earnings results on Tuesday, July 30th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.02). The firm had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.28 billion. Huntsman had a negative net margin of 1.37% and a positive return on equity of 18.68%. The firm’s revenue for the quarter was down 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 earnings per share. On average, analysts expect Huntsman to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of HUN stock opened at $23.33 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.16 and a current ratio of 1.83. The firm’s 50-day moving average is $22.46 and its 200-day moving average is $21.00. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 1.48 and a beta of 2.33. Huntsman has a 52-week low of $17.33 and a 52-week high of $25.66.
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $0.1625 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 2.79%. Huntsman’s payout ratio is 19.46%.
A number of equities research analysts have recently issued reports on the stock. KeyCorp dropped their target price on shares of Huntsman from $28.00 to $27.00 and set an “overweight” rating on the stock in a report on Tuesday, July 9th. Alembic Global Advisors raised shares of Huntsman from a “neutral” rating to an “overweight” rating in a report on Monday, September 23rd. Nomura reaffirmed a “buy” rating and issued a $26.00 target price on shares of Huntsman in a report on Sunday, August 11th. UBS Group upped their target price on shares of Huntsman from $26.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Finally, ValuEngine raised shares of Huntsman from a “sell” rating to a “hold” rating in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. Huntsman currently has an average rating of “Hold” and a consensus target price of $27.17.
Huntsman Company Profile
Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products.
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