Huntsman Corporation (NYSE:HUN) – KeyCorp upped their FY2018 EPS estimates for Huntsman Corporation in a research note issued on Sunday. KeyCorp analyst M. Sison now forecasts that the basic materials company will post earnings per share of $2.00 for the year, up from their previous estimate of $1.80. KeyCorp currently has a “Buy” rating and a $34.00 price target on the stock.

Several other analysts have also issued reports on HUN. Zacks Investment Research raised shares of Huntsman Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $32.00 price objective on shares of Huntsman Corporation in a research note on Friday. They noted that the move was a valuation call. Nomura boosted their price objective on shares of Huntsman Corporation to $40.00 and gave the company a “buy” rating in a research note on Monday. UBS AG boosted their price objective on shares of Huntsman Corporation from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Monday. Finally, BidaskClub cut shares of Huntsman Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $31.55.

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Shares of Huntsman Corporation (NYSE HUN) traded up 2.65% on Tuesday, hitting $32.19. 5,189,793 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $28.26 and its 200 day moving average is $26.26. The firm has a market cap of $7.73 billion, a P/E ratio of 18.25 and a beta of 2.79. Huntsman Corporation has a 12 month low of $16.31 and a 12 month high of $32.23.

Huntsman Corporation (NYSE:HUN) last announced its quarterly earnings results on Friday, October 27th. The basic materials company reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.17. Huntsman Corporation had a net margin of 5.37% and a return on equity of 34.90%. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the business earned $0.38 EPS. Huntsman Corporation’s quarterly revenue was up 18.5% on a year-over-year basis.

Several institutional investors have recently made changes to their positions in HUN. Bronfman E.L. Rothschild L.P. raised its holdings in Huntsman Corporation by 0.4% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,385 shares of the basic materials company’s stock valued at $139,000 after buying an additional 24 shares during the last quarter. Synovus Financial Corp raised its holdings in Huntsman Corporation by 0.7% during the 2nd quarter. Synovus Financial Corp now owns 8,979 shares of the basic materials company’s stock valued at $234,000 after buying an additional 62 shares during the last quarter. New York State Teachers Retirement System raised its holdings in Huntsman Corporation by 0.6% during the 1st quarter. New York State Teachers Retirement System now owns 17,600 shares of the basic materials company’s stock valued at $432,000 after buying an additional 100 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Huntsman Corporation by 0.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 28,889 shares of the basic materials company’s stock valued at $746,000 after buying an additional 192 shares during the last quarter. Finally, Acrospire Investment Management LLC raised its holdings in Huntsman Corporation by 2.5% during the 2nd quarter. Acrospire Investment Management LLC now owns 8,208 shares of the basic materials company’s stock valued at $212,000 after buying an additional 200 shares during the last quarter. 75.00% of the stock is owned by institutional investors.

Huntsman Corporation Company Profile

Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Earnings History and Estimates for Huntsman Corporation (NYSE:HUN)

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