Huntsman (HUN) to Release Earnings on Tuesday

Huntsman (NYSE:HUN) is set to post its quarterly earnings results before the market opens on Tuesday, February 13th. Analysts expect Huntsman to post earnings of $0.53 per share for the quarter.

Huntsman (HUN) opened at $31.48 on Tuesday. The stock has a market cap of $7,560.00, a price-to-earnings ratio of 18.30, a P/E/G ratio of 1.49 and a beta of 2.76. Huntsman has a 1 year low of $19.68 and a 1 year high of $36.09. The company has a current ratio of 1.87, a quick ratio of 1.52 and a debt-to-equity ratio of 1.10.

A number of research analysts recently issued reports on the stock. ValuEngine upgraded shares of Huntsman from a “buy” rating to a “strong-buy” rating in a research report on Friday. KeyCorp restated a “buy” rating and set a $34.00 target price on shares of Huntsman in a research report on Tuesday, October 17th. Tudor Pickering assumed coverage on shares of Huntsman in a research report on Friday, January 19th. They set a “buy” rating for the company. Jefferies Group boosted their target price on shares of Huntsman to $43.00 and gave the company a “buy” rating in a research report on Friday, January 26th. Finally, UBS Group boosted their target price on shares of Huntsman from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $34.00.

In other Huntsman news, major shareholder Corp Huntsman sold 21,764,800 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $21.66, for a total value of $471,425,568.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Anthony P. Hankins sold 100,000 shares of the company’s stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $33.24, for a total transaction of $3,324,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,159,055 shares of company stock valued at $527,888,744. Insiders own 19.00% of the company’s stock.

An institutional investor recently raised its position in Huntsman stock. The Manufacturers Life Insurance Company grew its position in Huntsman Co. (NYSE:HUN) by 9.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,281 shares of the basic materials company’s stock after acquiring an additional 610 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Huntsman were worth $188,000 at the end of the most recent quarter. Institutional investors and hedge funds own 75.54% of the company’s stock.

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Huntsman 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.

Earnings History for Huntsman (NYSE:HUN)

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