Huntsman Corporation (HUN) Price Targets: What Do They Mean?

As of Friday close, Huntsman Corporation’s (NYSE:HUN) stock was up $0.31, moving up 1.08 percent to $28.92. The average number of shares traded per day over the past five days has been 2,468,880 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.04 fall in that time frame. In the last twenty days, the average volume was 2,176,340, while in the previous 50 days, it was 2,540,962.

Since last month, HUN stock retreated -0.96%. Shares of the company fell to $27.01 on 07/06/22, the lowest level in the past month. A 52-week high of $41.65 was reached on 02/22/22 after having rallying from a 52-week low of $24.09. Since the beginning of this year, HUN’s stock price has dropped by -17.09% or -$5.96, and marked a new high 11 times. However, the stock has declined by -30.56% since its 52-week high.

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Valuation Metrics

Right now, Huntsman Corporation (HUN) has a P/E ratio of about 5.35. The stock’s beta is 1.19. Besides these, the trailing price-to-sales (P/S) ratio of 0.68, the price-to-book (PB) ratio of 1.42, and the price-to-cash flow ratio of 10.70 may also be considered.

The latest dividend of $0.2125 per share was paid out, remained unchanged from last year’s $0.2125. On Monday February 14 2022, a $0.0245 dividend increase was announced.

Financial Health

In the three months ended March 30, Huntsman Corporation’s quick ratio stood at 1.20, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.35, and the total debt-to-equity ratio was 0.36. On the profitability front, the trailing twelve-month gross margin is 21.60% percent. In the year ended March 30, operating margins totaled 15.70%. Based on annual data, HUN earned $1.77 billion in gross profit and brought in $8.45 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 17.30%. Return on equity (ROE) for the past 12 months was 29.30%.

In Huntsman Corporation’s quarter-end financial report for March 30, it reported total debt of $1.51 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. HUN’s revenue rose 14.31% to $2.39 billion during the quarter, while net income inched up to $2.36 billion. While analysts expected Huntsman Corporation to report $1.03 quarterly earnings, the actual figure was $1.19 per share, beating the consensus estimate by 15.50%. During the quarter, the company generated $365.0 million in EBITDA. The liabilities of Huntsman Corporation were 4.37 billion at the end of its most recent quarter ended March 30, and its total debt was $1.96 billion. The value of shareholders’ equity is $201.41 million.

Technical Picture

This quick technical analysis looks at Huntsman Corporation’s (HUN) price momentum. With a historical volatility rate of 20.73%, the RSI 9-day stood at 47.70% on 05 August.

With respect to its five-day moving average, the current Huntsman Corporation price is down by -0.14% percent or -$0.04. At present, HUN shares trade -0.03% below its 20-day simple moving average and -26.43% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.68% below its SMA50 and -11.56% below its SMA200.

Stochastic coefficient K was 34.08% and Stochastic coefficient D was 41.93%, while ATR was 1.00. Given the Stochastic reading of 40.81% for the 14-day period, the RSI (14) reading has been calculated as 45.70%. As of today, the MACD Oscillator reading stands at -0.20, while the 14-day reading stands at -0.33.


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