Q4 Earnings Estimate for Huntsman Issued By Seaport Res Ptn

Huntsman Co. (NYSE:HUN) – Equities researchers at Seaport Res Ptn dropped their Q4 2024 earnings per share (EPS) estimates for Huntsman in a research report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings of ($0.11) per share for the quarter, down from their previous forecast of ($0.09). The consensus estimate for Huntsman’s current full-year earnings is $0.08 per share. Seaport Res Ptn also issued estimates for Huntsman’s Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.23 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.48 EPS and FY2026 earnings at $1.18 EPS.

Huntsman (NYSE:HUN) last posted its quarterly earnings data on Monday, November 4th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.55 billion. Huntsman had a negative net margin of 1.99% and a negative return on equity of 0.03%. The firm’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS.

HUN has been the topic of several other research reports. UBS Group decreased their price objective on Huntsman from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Citigroup decreased 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 dropped their price objective on Huntsman from $26.00 to $25.00 and set an “overweight” rating for the company in a research note on Wednesday, November 6th. Royal Bank of Canada decreased 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 note on Thursday, December 19th. Finally, Alembic Global Advisors cut shares of Huntsman from an “overweight” rating to a “neutral” rating in a research report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $22.63.

Huntsman Price Performance

Shares of Huntsman stock opened at $17.19 on Friday. The business’s 50-day moving average price is $18.41 and its 200-day moving average price is $20.91. The firm has a market capitalization of $2.97 billion, a PE ratio of -24.91 and a beta of 0.97. Huntsman has a 12 month low of $15.95 and a 12 month high of $27.01. The company has a current ratio of 1.47, a quick ratio of 0.83 and a debt-to-equity ratio of 0.45.

Institutional Trading of Huntsman

Large investors have recently modified their holdings of the company. Matrix Trust Co purchased a new position in shares of Huntsman during the 3rd quarter valued at about $25,000. R Squared Ltd purchased a new position in Huntsman during the fourth quarter valued at approximately $40,000. True Wealth Design LLC bought a new position in shares of Huntsman in the third quarter worth approximately $62,000. Capital Performance Advisors LLP purchased a new stake in shares of Huntsman in the third quarter worth $78,000. Finally, Quarry LP raised its position in shares of Huntsman by 64.8% during the 2nd quarter. Quarry LP now owns 3,664 shares of the basic materials company’s stock valued at $83,000 after purchasing an additional 1,441 shares during the period. Institutional investors own 84.81% of the company’s stock.

Insiders Place Their Bets

In other Huntsman news, Director Mary C. Beckerle sold 20,201 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $21.42, for a total transaction of $432,705.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.60% of the stock is owned by insiders.

Huntsman Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.00 annualized dividend and a yield of 5.82%. Huntsman’s payout ratio is -144.93%.

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.