Huntsman Corporation (NYSE:HUN) registered a -2.00% decrease, still its new closing price is 177.78% up from the company’s 1 year high of 21.71.It posted -3.56% losses in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 12 stock analysts following this company have an average price target at $22.20, with individual PT in the $16.00-$24.00 range. The shares moved at $20.59, implying that brokerage firms see shares gaining about 140.16% in twelve months time.
Huntsman Corporation (HUN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.91% rise year to date. A Sr. VP, Human Resources at Huntsman Corporation (HUN) offloaded shares in a transaction closed on Thursday January 26, 2017. Rogers Robert Wade sold 44,265 shares in the company at $21.5 each and collected $951,001 in proceeds. Rogers Robert Wade now owns 168,985 shares in the company after this transaction. A Sr. VP & Deputy GC in the company, Stolle Russell R, disclosed a transaction on Thursday January 26, 2017 that ended up generating $1,271,001 from the sale of 59,361 shares at $21.42 per share.
Huntsman Corporation (NYSE:HUN) Upcoming Results on Tap
Huntsman Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.62 in that period. Sales during the quarter are predicted to arrive at $2.4 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.36 billion in revenue and EPS of $0.38. The mean forecast was for $2.48 billion and $0.36 a share, respectively. One quarter earlier, revenue for the stock was at $2.54 billion, with earnings at $0.53/share.
Huntsman Corporation (HUN) Brokerage Update
Huntsman Corporation (HUN) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Goldman, according to news reported on Monday December 12, 2016.Another important research note was issued by KeyBanc Capital Mkts on Thursday February 11, 2016.The firm downgraded HUN to Sector Weight from Overweight. Over the last six months and over the last three months, the shares of Huntsman Corporation (HUN), have changed 35.82% and 21.89%, respectively.