Huntsman (HUN) Scheduled to Post Earnings on Monday

Huntsman (NYSE:HUN) will issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Huntsman (NYSE:HUN) last issued its earnings results on Monday, August 5th. The basic materials company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. Huntsman had a negative net margin of 1.44% and a positive return on equity of 0.26%. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the business earned $0.22 earnings per share. The company’s quarterly revenue was down 1.4% on a year-over-year basis. On average, analysts expect Huntsman to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Huntsman Stock Down 0.8 %

Shares of Huntsman stock opened at $21.82 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 0.77. The company’s 50-day moving average price is $22.77 and its 200-day moving average price is $23.10. Huntsman has a 12-month low of $19.91 and a 12-month high of $27.01.

Huntsman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $0.25 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.58%. Huntsman’s payout ratio is -200.00%.

Analyst Ratings Changes

A number of equities research analysts recently commented on HUN shares. JPMorgan Chase & Co. lowered their price target on shares of Huntsman from $27.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, August 7th. Royal Bank of Canada upped their price target on Huntsman from $21.00 to $24.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. UBS Group lowered their price objective on shares of Huntsman from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 6th. Finally, Wells Fargo & Company cut their price objective on shares of Huntsman from $28.00 to $26.00 and set an “overweight” rating for the company in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Huntsman has an average rating of “Hold” and an average price target of $25.75.

Huntsman Company Profile

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.