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Huntsman (HUN) Stock Moves -0.25%: What You Should Know
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Huntsman (HUN - Free Report) closed the most recent trading day at $35.44, moving -0.25% from the previous trading session. This change was narrower than the S&P 500's 1.22% loss on the day. Elsewhere, the Dow lost 0.19%, while the tech-heavy Nasdaq lost 0.53%.
Prior to today's trading, shares of the chemical company had gained 5.81% over the past month. This has outpaced the Basic Materials sector's loss of 1.19% and the S&P 500's loss of 6.58% in that time.
Huntsman will be looking to display strength as it nears its next earnings release, which is expected to be February 15, 2022. In that report, analysts expect Huntsman to post earnings of $0.89 per share. This would mark year-over-year growth of 74.51%. Our most recent consensus estimate is calling for quarterly revenue of $2.24 billion, up 34.05% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Huntsman. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.52% higher. Huntsman is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Huntsman has a Forward P/E ratio of 9.27 right now. For comparison, its industry has an average Forward P/E of 12.42, which means Huntsman is trading at a discount to the group.
We can also see that HUN currently has a PEG ratio of 0.2. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Chemical - Diversified stocks are, on average, holding a PEG ratio of 1.15 based on yesterday's closing prices.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 172, which puts it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Huntsman (HUN) Stock Moves -0.25%: What You Should Know
Huntsman (HUN - Free Report) closed the most recent trading day at $35.44, moving -0.25% from the previous trading session. This change was narrower than the S&P 500's 1.22% loss on the day. Elsewhere, the Dow lost 0.19%, while the tech-heavy Nasdaq lost 0.53%.
Prior to today's trading, shares of the chemical company had gained 5.81% over the past month. This has outpaced the Basic Materials sector's loss of 1.19% and the S&P 500's loss of 6.58% in that time.
Huntsman will be looking to display strength as it nears its next earnings release, which is expected to be February 15, 2022. In that report, analysts expect Huntsman to post earnings of $0.89 per share. This would mark year-over-year growth of 74.51%. Our most recent consensus estimate is calling for quarterly revenue of $2.24 billion, up 34.05% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Huntsman. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.52% higher. Huntsman is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Huntsman has a Forward P/E ratio of 9.27 right now. For comparison, its industry has an average Forward P/E of 12.42, which means Huntsman is trading at a discount to the group.
We can also see that HUN currently has a PEG ratio of 0.2. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Chemical - Diversified stocks are, on average, holding a PEG ratio of 1.15 based on yesterday's closing prices.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 172, which puts it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.