Alert: Negative Investment/Fundamental Signals (11/7/23)-Huntsman Corp (NYSE: HUN)

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Huntsman Corp (NYSE: HUN) suffers from important negative changes in fundamentals: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Huntsman Corp (NYSE: HUN) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, HUN is expected to continue to be a modest Value Builder.

Huntsman has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Huntsman has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 36, leading to the Neutral Value Trend Rating.

Recent Price Action

On 11/7/23, Huntsman Corp (NYSE: HUN) stock declined by -1.0%, closing at $23.74. The stock has risen 2.2% during the last week and has performed in line with the market over the last nine months.

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