Extremely important negative changes in investment behavior have recently occurred for Huntsman Corp (NYSE: HUN): the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Huntsman Corp (NYSE: HUN). Notable negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HUN is expected to continue to be a Value Builder.
Huntsman has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Huntsman has a slightly positive Appreciation Score of 65 but a poor Power Rating of 23, triggering the Negative Value Trend Rating.
Recent Price Action
Huntsman Corp (NYSE: HUN) stock closed at $25.01 on 3/18/24 after a modest decline of -1.1%. Trading volume in this decline was normal. The stock has declined -5.9% during the last week and has been weak relative to the market over the last nine months.
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