Huntsman Corp (NYSE: HUN) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
Recent significant negative changes in fundamentals have impacted Huntsman Corp (NYSE: HUN): the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
HUN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Huntsman has a current Value Trend Rating of D (Negative). 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 66 but a poor Power Rating of 22, leading to the Negative Value Trend Rating.
Recent Price Action
On 5/2/24, Huntsman Corp (NYSE: HUN) stock enjoyed a large increase of 2.1%, closing at $24.32. Moreover, trading volume in this advance was unusually high at 156% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.4% during the last week.
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