Huntsman Corporation (NYSE:HUN)'s Stock Is Sell After More Market Selling

Author

26 May, 2017

The company is scheduled to announce its next quarterly financial results on 26/07/2017 after the market close. Stolle Russell R had sold 59,361 shares worth $1.27 million. It has outperformed by 75.18% the S&P500. Twin Inc has 0.12% invested in Huntsman Corporation (NYSE:HUN) for 94,010 shares. Revenue during the period amounted to $2.4B, while analysts were anticipating $2.25B. About 5,203 shares traded. Huntsman Corporation (NYSE:HUN) has risen 91.88% since May 24, 2016 and is uptrending. Wgl Hldgs Inc (NYSE:WGL) was reduced too. Janney Montgomery Scott Ltd has invested 0% of its portfolio in Huntsman Corporation (NYSE:HUN). Therefore 71% are positive. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.80% with $200.81 Million sitting short, betting on future declines. The firm has "Buy" rating given on Tuesday, September 29 by Monness Crespi & Hardt. The firm has "Neutral" rating by Goldman Sachs given on Monday, December 12.

The stock of Huntsman Corporation (NYSE:HUN) registered an increase of 0.17% in short interest. The rating was maintained by Nomura on Friday, April 28 with "Buy". Goldman Sachs downgraded the stock to "Conviction-Buy" rating in Monday, August 17 report. As per Tuesday, August 11, the company rating was downgraded by TheStreet.

The company's consensus rating is now Hold, with 3 analysts rating it a Strong Buy, and 3 analysts rating it with a Hold. JP Morgan maintained it with "Neutral" rating and $12 target in Tuesday, October 20 report.

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.43, from 1.1 in 2016Q3. It dropped, as 41 investors sold HUN shares while 125 reduced holdings. The Wall Street forecast had projected $0.25 per share, and the company reported EPS of $0.30 - also a 22.05% positive surprise. Ascend Capital Llc holds 0.56% or 193,228 shares in its portfolio. Karp Capital Management Corporation reported 0.16% in Huntsman Corporation (NYSE:HUN). 19,257 are held by Gideon Capital. Brandywine Glob Invest Mgmt Ltd Llc has invested 0.11% in Huntsman Corporation (NYSE:HUN). The Florida-based Raymond James & Assocs has invested 0.02% in Huntsman Corporation (NYSE:HUN). Pacad Ltd stated it has 6,500 shares or 0.05% of all its holdings.

Some buy side analysts are also providing their Analysis on Huntsman Corporation, where 2 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 4 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Ibm Retirement Fund has 15,815 shares for 0.01% of their portfolio. Airain Limited reported 115,591 shares. Art Advsr Ltd Com holds 0.59% in T-Mobile US Inc (NASDAQ:TMUS) or 171,000 shares.

Since January 13, 2017, it had 0 buys, and 11 insider sales for $9.43 million activity. On Thursday, January 26 the insider Rogers Robert Wade sold $951,698. Ridd Brian V had sold 44,265 shares worth $951,698.

Investors sentiment increased to 1.33 in 2016 Q4. Its up 0.27, from 1.64 in 2016Q3. Analysts are forecasting earnings of $0.68 on a per share basis this quarter. 21 funds opened positions while 63 raised stakes. Salem Invest Counselors invested in 303,371 shares. Loomis Sayles & LP stated it has 0.03% in Hercules Capital Inc (NYSE:HTGX). Assetmark owns 383 shares. Foxhaven Asset Mngmt Limited Partnership holds 1.03 million shares or 4.47% of its portfolio. Nationwide Fund Advisors reported 57,850 shares. Nippon Life Global Investors Americas accumulated 140,270 shares. Commonwealth Savings Bank Of Australia stated it has 69,554 shares or 0.02% of all its holdings. Analysts are forecasting Huntsman Corporation to report revenue of about $2.62B, versus the $2.54B posted past year. Therefore 73% are positive. Huntsman Corporation had 16 analyst reports since August 3, 2015 according to SRatingsIntel. "Bruyette & Woods" upgraded the shares of HTGC in report on Friday, August 7 to "Outperform" rating. The firm earned "Market Perform" rating on Thursday, March 24 by FBR Capital. Over the trailing year, the stock is outperforming the S&P 500 by 54.86, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base.

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