Brokerages Set Huntsman Co. (NYSE:HUN) PT at $20.25

Huntsman Co. (NYSE:HUN - Get Free Report) has received an average recommendation of "Hold" from the nine analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $20.25.

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on Huntsman from $25.00 to $22.00 and set an "overweight" rating for the company in a research report on Wednesday, February 19th. Alembic Global Advisors lowered shares of Huntsman from an "overweight" rating to a "neutral" rating in a report on Wednesday, January 15th. Citigroup cut their price target on Huntsman from $22.00 to $19.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 18th. Wells Fargo & Company reduced their price target on Huntsman from $22.00 to $20.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Finally, The Goldman Sachs Group dropped their price objective on Huntsman from $22.00 to $19.00 and set a "sell" rating for the company in a report on Wednesday, March 5th.

Huntsman Price Performance

HUN traded up $0.10 during midday trading on Friday, hitting $15.53. The company had a trading volume of 2,920,812 shares, compared to its average volume of 2,217,724. Huntsman has a twelve month low of $15.03 and a twelve month high of $26.40. The firm's 50-day simple moving average is $16.91 and its 200-day simple moving average is $19.20. The company has a market capitalization of $2.70 billion, a PE ratio of -14.12 and a beta of 0.95. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.83 and a current ratio of 1.36.

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Huntsman (NYSE:HUN - Get Free Report) last posted its quarterly earnings data on Monday, February 17th. The basic materials company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.18). The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.45 billion. Huntsman had a negative return on equity of 0.39% and a negative net margin of 3.13%. Equities research analysts predict that Huntsman will post 0.32 EPS for the current fiscal year.

Huntsman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $0.25 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.00 annualized dividend and a dividend yield of 6.44%. Huntsman's dividend payout ratio is presently -90.91%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. R Squared Ltd acquired a new stake in shares of Huntsman during the fourth quarter worth $40,000. Quadrant Capital Group LLC raised its stake in shares of Huntsman by 74.9% in the 4th quarter. Quadrant Capital Group LLC now owns 2,232 shares of the basic materials company's stock valued at $40,000 after purchasing an additional 956 shares during the period. True Wealth Design LLC acquired a new stake in shares of Huntsman in the 3rd quarter valued at about $62,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Huntsman in the fourth quarter valued at about $60,000. Finally, Quarry LP acquired a new position in shares of Huntsman during the fourth quarter worth about $65,000. Institutional investors own 84.81% of the company's stock.

About Huntsman

Huntsman Corporation manufactures and sells diversified organic chemical products worldwide. The company operates in three segments: Polyurethanes, Performance Products, and Advanced Materials. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyether and polyester polyols, and thermoplastic polyurethane; and aniline, benzene, nitrobenzene and other co-products.