Huntsman Corp (NYSE: HUN) has reported earnings for its second fiscal quarter (ending June 30) of $0.09 versus $0.12 for the same period a year ago — a decline of -25%. Relative to the consensus estimate of $0.14, this was a shortfall of $-0.05. For the latest four quarters through June 30, E.P.S. were $-0.50 compared to $0.44 a year ago — a decline of -214%.
Recent Price Action
Huntsman Corp (NYSE: HUN) stock declined by -4.4% on 8/5/24. The shares closed at $21.48. Moreover, unusually high trading volume at 181% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -8.2% during the last week.
Current PriceTarget Research Rating
HUN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Huntsman has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Huntsman has a good Appreciation Score of 70 but a poor Power Rating of 20, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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