Somewhat Positive Press Coverage Somewhat Unlikely to Affect Huntsman (HUN) Share Price
News coverage about Huntsman (NYSE:HUN) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Huntsman earned a news impact score of 0.14 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.9447650104414 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Red Rocks building from last year to reach high-standard goals (ksl.com)
- Utah gymnastics: Red Rocks Preview kicks off new season (deseretnews.com)
- Opponents of Sinclair/Tribune merger say reports of possible Sinclair fine by FCC should raise concern (baltimoresun.com)
- Biologist captures the fascinating ‘once in a lifetime’ moment a huntsman spider completely sheds its skin (dailymail.co.uk)
- Report: FCC to fine Sinclair $13.3 million over undisclosed commercials (thehill.com)
Shares of Huntsman (NYSE HUN) traded up $0.76 during trading hours on Friday, reaching $31.70. 2,981,696 shares of the company were exchanged, compared to its average volume of 4,200,000. The company has a market capitalization of $7,610.00, a PE ratio of 13.27, a price-to-earnings-growth ratio of 1.46 and a beta of 2.85. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.87 and a quick ratio of 1.52. Huntsman has a fifty-two week low of $18.93 and a fifty-two week high of $32.59.
Huntsman (NYSE:HUN) last announced its quarterly earnings data on Friday, October 27th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.17. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Huntsman had a net margin of 5.35% and a return on equity of 17.84%. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period last year, the firm posted $0.38 earnings per share. sell-side analysts predict that Huntsman will post 2.72 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.125 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a yield of 1.58%. Huntsman’s dividend payout ratio (DPR) is 29.07%.
HUN has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Huntsman from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Wednesday, October 11th. Alembic Global Advisors reiterated a “buy” rating on shares of Huntsman in a research report on Monday, October 2nd. BidaskClub upgraded shares of Huntsman from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. ValuEngine upgraded shares of Huntsman from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, KeyCorp reiterated a “buy” rating and issued a $34.00 price target on shares of Huntsman in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Huntsman has an average rating of “Buy” and a consensus price target of $33.00.
In other Huntsman news, CEO Anthony P. Hankins sold 80,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $31.88, for a total transaction of $2,550,400.00. Following the sale, the chief executive officer now owns 442,615 shares of the company’s stock, valued at $14,110,566.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP J Kimo Esplin sold 240,793 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $30.99, for a total transaction of $7,462,175.07. Following the sale, the vice president now directly owns 528,889 shares in the company, valued at approximately $16,390,270.11. The disclosure for this sale can be found here. Insiders sold 23,061,783 shares of company stock worth $512,316,794 over the last three months. 19.00% of the stock is currently owned by insiders.
COPYRIGHT VIOLATION WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Huntsman (HUN) Share Price” was published by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.dailypolitical.com/2017/12/17/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-huntsman-hun-share-price.html.
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.
Receive News & Ratings for Huntsman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntsman and related companies with MarketBeat.com's FREE daily email newsletter.