Zacks Research Has Pessimistic View of Huntsman Q1 Earnings

Huntsman Corporation (NYSE:HUN) – Equities researchers at Zacks Research dropped their Q1 2028 earnings estimates for Huntsman in a research report issued to clients and investors on Wednesday, May 13th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings of $0.03 per share for the quarter, down from their previous estimate of $0.05. The consensus estimate for Huntsman’s current full-year earnings is ($0.32) per share. Zacks Research also issued estimates for Huntsman’s FY2028 earnings at $0.07 EPS.

Huntsman (NYSE:HUN) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.23) by $0.03. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. Huntsman had a negative net margin of 5.83% and a negative return on equity of 4.60%. The business’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.11) EPS.

Several other research firms have also issued reports on HUN. Wells Fargo & Company lifted their price target on shares of Huntsman from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Wall Street Zen raised Huntsman from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group boosted their target price on Huntsman from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Morgan Stanley upped their target price on Huntsman from $11.00 to $15.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Finally, Alembic Global Advisors raised Huntsman from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $13.00.

Huntsman Stock Down 0.6%

NYSE HUN opened at $14.31 on Friday. Huntsman has a 12 month low of $7.30 and a 12 month high of $15.90. The company has a market capitalization of $2.51 billion, a P/E ratio of -7.45 and a beta of 0.62. The company’s 50 day simple moving average is $13.12 and its 200 day simple moving average is $11.55. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.27 and a quick ratio of 0.75.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. UBS Group AG boosted its position in Huntsman by 83.5% during the 3rd quarter. UBS Group AG now owns 7,364,206 shares of the basic materials company’s stock worth $66,131,000 after acquiring an additional 3,351,265 shares during the period. AQR Capital Management LLC lifted its position in shares of Huntsman by 29.8% in the third quarter. AQR Capital Management LLC now owns 12,062,972 shares of the basic materials company’s stock worth $106,878,000 after purchasing an additional 2,772,563 shares in the last quarter. Two Sigma Investments LP boosted its holdings in shares of Huntsman by 476.5% during the third quarter. Two Sigma Investments LP now owns 2,841,510 shares of the basic materials company’s stock worth $25,517,000 after purchasing an additional 2,348,598 shares during the period. Qube Research & Technologies Ltd purchased a new position in Huntsman during the second quarter valued at approximately $21,953,000. Finally, Gotham Asset Management LLC increased its stake in Huntsman by 4,003.2% in the 4th quarter. Gotham Asset Management LLC now owns 1,806,207 shares of the basic materials company’s stock valued at $18,062,000 after buying an additional 1,762,187 shares during the period. 84.81% of the stock is owned by institutional investors and hedge funds.

Huntsman Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.0875 dividend. This represents a $0.35 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, June 15th. Huntsman’s dividend payout ratio (DPR) is -18.23%.

About Huntsman

Huntsman Corporation is a global manufacturer and marketer of specialty chemicals with headquarters in The Woodlands, Texas. Founded in 1970 by entrepreneur Jon Huntsman Sr., the company has grown through strategic acquisitions and organic expansion to establish a broad portfolio of products serving diverse end markets. Huntsman maintains a presence in more than 30 countries, operating manufacturing facilities across North America, Europe, Asia-Pacific, Latin America and the Middle East.

The company organizes its operations into several core business segments, including Polyurethanes, Performance Products, Advanced Materials, and Textile Effects.