Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Huntsman Corp (NYSE: HUN) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/1/24, Huntsman Corp (NYSE: HUN) stock declined slightly by -0.2%, closing at $23.82. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -0.9% during the last week.
Current PriceTarget Research Rating
HUN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Huntsman has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Huntsman has a slightly positive Appreciation Score of 66 but a poor Power Rating of 22, resulting in the Negative Value Trend Rating.
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