There is no shortage of investors who are bullish on Huntsman Corporation (HUN) stock

At the time of writing, Huntsman Corporation [HUN] stock is trading at $31.84, down -0.62%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HUN shares have gain 3.85% over the last week, with a monthly amount glided 16.25%, and seem to be holding up well over a long-time horizon.

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On 5, January 2023, Huntsman to Discuss Fourth Quarter 2022 Results on February 21, 2023. In a post published today on Yahoo Finance, Huntsman Corporation (NYSE: HUN) will hold a conference call on Tuesday, February 21, 2023, at 10:00 a.m. ET to discuss its fourth quarter 2022 financial results, which will be released at approximately 6:00 a.m. ET that day.

From an analyst’s perspective:

Huntsman Corporation [NYSE: HUN] stock has seen the most recent analyst activity on November 08, 2022, when Tudor Pickering Holt & Co. downgraded its rating to a Hold. Previously, Scotiabank downgraded its rating to Sector Perform on November 07, 2022. On October 13, 2022, Goldman initiated with a Sell rating and assigned a price target of $26 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $28 on September 20, 2022. JP Morgan downgraded its rating to Underweight for this stock on September 20, 2022, but kept the price target unchanged to $25. In a note dated September 19, 2022, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $43 to $30.

For the past year, the stock price of Huntsman Corporation fluctuated between $23.53 and $41.65. Currently, Wall Street analysts expect the stock to reach $31.61 within the next 12 months. Huntsman Corporation [NYSE: HUN] shares were valued at $31.84 at the most recent close of the market. An investor can expect a potential drop of -0.72% based on the average HUN price forecast.

Analyzing the HUN fundamentals

According to Huntsman Corporation [NYSE:HUN], the company’s sales were 2.01 billion in the recent quarter, which represents an -4.10% plunge. Gross Margin for this corporation currently stands at +21.00% with Operating Margin at +9.16%, Pretax Margin comes in at +15.53%, and Net Margin reading is +12.36%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.49 points at the first support level, and at 31.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.11, and for the 2nd resistance point, it is at 32.37.

Huntsman Corporation [HUN] reported earnings per share of $1.28 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.15/share, meaning a difference of $0.13 and a surprise factor of 11.30%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were $1.19 per share as compared to estimates of $1.03 per share, a difference of $0.16 representing a surprise of 15.50%.

Ratios To Look Out For

It is important to note that Huntsman Corporation [NYSE:HUN] has a current ratio of 2.00. Further, the Quick Ratio stands at 1.33, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.71 and the P/E (TTM) ratio is 5.95.

Transactions by insiders

Recent insider trading involved STRYKER DAVID M, Exec VP, GC and Sec, that happened on Aug 12 when 10000.0 shares were purchased. Director, ESPELAND CURTIS E completed a deal on Aug 11 to buy 15000.0 shares.