Huntsman (NYSE:HUN) Issues Earnings Results

Huntsman (NYSE:HUN - Get Free Report) posted its earnings results on Monday. The basic materials company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.18), Zacks reports. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. Huntsman had a negative net margin of 3.13% and a negative return on equity of 0.39%.

Huntsman Price Performance

HUN traded down $0.15 on Friday, hitting $17.63. 2,333,987 shares of the company's stock traded hands, compared to its average volume of 2,897,490. The company's 50 day simple moving average is $17.42 and its 200-day simple moving average is $20.12. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of -16.02 and a beta of 0.95. Huntsman has a one year low of $15.67 and a one year high of $27.01. The company has a current ratio of 1.36, a quick ratio of 0.83 and a debt-to-equity ratio of 0.48.

Huntsman Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date is Friday, March 14th. Huntsman's dividend payout ratio (DPR) is -90.91%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Alembic Global Advisors downgraded shares of Huntsman from an "overweight" rating to a "neutral" rating in a research report on Wednesday, January 15th. Wells Fargo & Company decreased their price target on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a research report on Wednesday. UBS Group decreased their price target on shares of Huntsman from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. JPMorgan Chase & Co. decreased their target price on Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, Citigroup decreased their target price on Huntsman from $22.00 to $19.00 and set a "neutral" rating on the stock in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $21.63.

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.