Huntsman Corporation (HUN) Receiving Somewhat Positive Media Coverage, Analysis Shows

Media coverage about Huntsman Corporation (NYSE:HUN) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Huntsman Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 45.7006357145813 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have impacted Accern’s analysis:

Several analysts recently commented on the company. Nomura raised their target price on Huntsman Corporation to $40.00 and gave the company a “buy” rating in a research report on Monday. UBS AG raised their target price on Huntsman Corporation from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday. SunTrust Banks, Inc. restated a “buy” rating and issued a $32.00 target price on shares of Huntsman Corporation in a research report on Friday. KeyCorp restated a “buy” rating and issued a $34.00 target price on shares of Huntsman Corporation in a research report on Tuesday, October 17th. Finally, Instinet restated a “buy” rating and issued a $34.00 target price (up from $30.00) on shares of Huntsman Corporation in a research report on Wednesday, September 20th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Huntsman Corporation presently has an average rating of “Buy” and a consensus target price of $31.55.

Huntsman Corporation (NYSE HUN) opened at 31.36 on Tuesday. The stock’s 50 day moving average price is $28.26 and its 200 day moving average price is $26.26. The firm has a market capitalization of $7.53 billion, a PE ratio of 17.78 and a beta of 2.79. Huntsman Corporation has a 12 month low of $16.31 and a 12 month high of $32.00.

Huntsman Corporation (NYSE:HUN) last posted its quarterly earnings data on Friday, October 27th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.17. Huntsman Corporation had a return on equity of 34.90% and a net margin of 5.37%. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the business earned $0.38 EPS. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. Equities research analysts expect that Huntsman Corporation will post $2.39 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Huntsman Corporation (HUN) Receiving Somewhat Positive Media Coverage, Analysis Shows” was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.com-unik.info/2017/10/31/huntsman-corporation-hun-receiving-somewhat-positive-media-coverage-analysis-shows.html.

Huntsman Corporation Company Profile

Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Insider Buying and Selling by Quarter for Huntsman Corporation (NYSE:HUN)

What are top analysts saying about Huntsman Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Huntsman Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit