Huntsman (NYSE:HUN) Reaches New 1-Year Low - Should You Sell?

Huntsman Co. (NYSE:HUN - Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $15.67 and last traded at $16.06, with a volume of 1077116 shares traded. The stock had previously closed at $16.83.

Analyst Upgrades and Downgrades

HUN has been the subject of a number of recent analyst reports. Citigroup decreased their price target on shares of Huntsman from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, December 18th. UBS Group decreased their target price on Huntsman from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, November 5th. Alembic Global Advisors lowered Huntsman from an "overweight" rating to a "neutral" rating in a report on Wednesday, January 15th. Royal Bank of Canada dropped their target price on shares of Huntsman from $23.00 to $20.00 and set a "sector perform" rating on the stock in a research report on Thursday, December 19th. Finally, Mizuho reduced their price target on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $22.63.

Huntsman Trading Up 5.5 %

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.47 and a quick ratio of 0.83. The business's 50 day simple moving average is $17.99 and its 200 day simple moving average is $20.57. The stock has a market cap of $2.98 billion, a P/E ratio of -24.95 and a beta of 0.95.

Huntsman (NYSE:HUN - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The basic materials company reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. Huntsman had a negative return on equity of 0.03% and a negative net margin of 1.99%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the previous year, the firm earned $0.15 EPS. Huntsman's quarterly revenue was up 2.3% on a year-over-year basis. On average, analysts expect that Huntsman Co. will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Huntsman

Several large investors have recently made changes to their positions in HUN. Matrix Trust Co acquired a new position in Huntsman in the third quarter valued at about $25,000. R Squared Ltd bought a new position in Huntsman in the 4th quarter valued at $40,000. True Wealth Design LLC acquired a new position in Huntsman in the third quarter worth $62,000. Capital Performance Advisors LLP bought a new stake in shares of Huntsman during the third quarter worth $78,000. Finally, Rossmore Private Capital acquired a new stake in shares of Huntsman in the third quarter valued at $202,000. 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.