Huntsman (HUN) Set to Announce Quarterly Earnings on Tuesday
Huntsman (NYSE:HUN) is set to issue its Q114 quarterly earnings data on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $2.82 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Huntsman (NYSE:HUN) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.37 by $0.11. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the company posted $0.24 earnings per share. Huntsman’s revenue was up 3.3% compared to the same quarter last year. On average, analysts expect Huntsman to post $2.16 EPS for the current fiscal year and $2.64 EPS for the next fiscal year.
Shares of Huntsman (NYSE:HUN) opened at 24.49 on Monday. Huntsman has a 52 week low of $16.02 and a 52 week high of $26.35. The stock has a 50-day moving average of $24.30 and a 200-day moving average of $23.29. The company has a market cap of $5.924 billion and a P/E ratio of 46.82.
A number of analysts have recently weighed in on HUN shares. Analysts at Citigroup Inc. raised their price target on shares of Huntsman from $27.00 to $29.00 in a research note on Wednesday, April 9th. They now have a “neutral” rating on the stock. On a related note, analysts at UBS AG upgraded shares of Huntsman from a “neutral” rating to a “buy” rating in a research note on Friday, April 4th. They now have a $32.00 price target on the stock, up previously from $24.00. They noted that the move was a valuation call. Finally, analysts at Macquarie raised their price target on shares of Huntsman from $27.00 to $30.00 in a research note on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $30.00.
Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products.
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