Huntsman (HUN) to Release Earnings on Monday

Huntsman (NYSE:HUN - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Huntsman (NYSE:HUN - Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. Huntsman had a positive return on equity of 0.26% and a negative net margin of 1.44%. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the firm earned $0.22 EPS. Huntsman's quarterly revenue was down 1.4% compared to the same quarter last year. On average, analysts expect Huntsman to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Huntsman Stock Performance

NYSE:HUN traded up $0.18 during mid-day trading on Monday, reaching $22.63. The company's stock had a trading volume of 911,450 shares, compared to its average volume of 1,871,957. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 0.40. The stock has a market cap of $3.91 billion, a P/E ratio of -43.52 and a beta of 1.00. The firm's fifty day moving average price is $22.69 and its two-hundred day moving average price is $23.14. Huntsman has a 12-month low of $19.91 and a 12-month high of $27.01.

Huntsman Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend was Friday, September 13th. Huntsman's dividend payout ratio is currently -192.31%.

Wall Street Analyst Weigh In

Several research firms have issued reports on HUN. Wells Fargo & Company lowered their target price on shares of Huntsman from $28.00 to $26.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 7th. UBS Group lowered their price objective on shares of Huntsman from $23.00 to $22.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 6th. JPMorgan Chase & Co. lowered their price objective on shares of Huntsman from $27.00 to $25.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 7th. Finally, Royal Bank of Canada increased their price objective on shares of Huntsman from $21.00 to $24.00 and gave the stock a "sector perform" rating in a research note on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $25.75.

Huntsman Company Profile

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.