Huntsman Corporation (NYSE:HUN) has a beta of 1.78, a 12-month trailing P/E ratio of 71.73, and a growth ratio of 18.88. The stock’s Relative Strength Index (RSI) is 62.39, with weekly volatility at 1.94% and ATR at 0.72. The HUN stock’s 52-week price range has touched low of $12.23 and a $24.90 high. Its shares traded lower over the last trading session, losing -1.91% on 10/13/20. The shares fell to a low of $24.08 before closing at $24.10. Intraday shares traded counted 0.96 million, which was 44.48% higher than its 30-day average trading volume of 1.73M. HUN’s previous close was $24.57 while the outstanding shares total 219.70M.
Investors have identified the Chemicals company Huntsman Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.30 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Huntsman Corporation (HUN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For HUN, the company has in raw cash 1.25 billion on their books with 650.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 3104000000 million total, with 2027000000 million as their total liabilities.
HUN were able to record -111.0 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 729.0 million. In cash movements, the company had a total of 5.0 million as operating cash flow.
Potential earnings growth for Huntsman Corporation (HUN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Huntsman Corporation recorded a total of 1.25 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -43.06% coming in sequential stages and their sales for the third quarter reducing by -27.75%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.08 billion trying to sell their products during the last quarter, with the result yielding a gross income of 162.0 million. This allows shareholders to hold on to 219.70M with the revenue now reading -0.28 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.20 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.53 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HUN sounds very interesting.
Is the stock of HUN attractive?
In related news, CEO Asia Pacific and Div Pres, Hankins Anthony P bought 2,000 shares of the company’s stock in a transaction that recorded on Mar 12. The purchase was performed at an average price of 14.50, for a total value of 29,000. As the purchase deal closes, the Exec VP, GC and Sec, STRYKER DAVID M now bought 2,500 shares of the company’s stock, valued at 37,500. Also, Chairman, President & CEO, Huntsman Peter R bought 5,000 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were cost at an average price of 14.73 per share, with a total market value of 73,647. Following this completion of disposal, the CEO Asia Pacific and Div Pres, Hankins Anthony P now holds 2,000 shares of the company’s stock, valued at 32,358. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
13 out of 20 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Huntsman Corporation. 0 analysts has assigned a Sell rating on the HUN stock. The 12-month mean consensus price target for the company’s shares has been set at $25.16.