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Huntsman (HUN) Stock Moves -0.9%: What You Should Know
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Huntsman (HUN - Free Report) closed at $21.99 in the latest trading session, marking a -0.9% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.97%. Meanwhile, the Dow lost 2.32%, and the Nasdaq, a tech-heavy index, lost 2.78%.
Prior to today's trading, shares of the chemical company had lost 5.89% over the past month. This has lagged the Basic Materials sector's loss of 3.31% and the S&P 500's loss of 3.33% in that time.
HUN will be looking to display strength as it nears its next earnings release, which is expected to be February 22, 2019. The company is expected to report EPS of $0.61, down 19.74% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.24 billion, up 1.49% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.42 per share and revenue of $9.32 billion. These totals would mark changes of +37.9% and -1.44%, respectively, from last year.
Any recent changes to analyst estimates for HUN should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.56% lower. HUN is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that HUN has a Forward P/E ratio of 6.49 right now. This valuation marks a discount compared to its industry's average Forward P/E of 12.36.
We can also see that HUN currently has a PEG ratio of 0.76. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Chemical - Diversified stocks are, on average, holding a PEG ratio of 1.05 based on yesterday's closing prices.
The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Huntsman (HUN) Stock Moves -0.9%: What You Should Know
Huntsman (HUN - Free Report) closed at $21.99 in the latest trading session, marking a -0.9% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.97%. Meanwhile, the Dow lost 2.32%, and the Nasdaq, a tech-heavy index, lost 2.78%.
Prior to today's trading, shares of the chemical company had lost 5.89% over the past month. This has lagged the Basic Materials sector's loss of 3.31% and the S&P 500's loss of 3.33% in that time.
HUN will be looking to display strength as it nears its next earnings release, which is expected to be February 22, 2019. The company is expected to report EPS of $0.61, down 19.74% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.24 billion, up 1.49% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.42 per share and revenue of $9.32 billion. These totals would mark changes of +37.9% and -1.44%, respectively, from last year.
Any recent changes to analyst estimates for HUN should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.56% lower. HUN is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that HUN has a Forward P/E ratio of 6.49 right now. This valuation marks a discount compared to its industry's average Forward P/E of 12.36.
We can also see that HUN currently has a PEG ratio of 0.76. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Chemical - Diversified stocks are, on average, holding a PEG ratio of 1.05 based on yesterday's closing prices.
The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.