Tuesday, 7 July 2015

Huntsman Corporation (NYSE:HUN) a Top Growth Pick

Huntsman Corporation (NYSE:HUN) has received a top Growth Style score from Zack’s Research. The growth score is based on company financials as well as the company’s prospects for future growth. The score is a result of analysis of various aspects of the Balance Sheet, Cash Flow Statement and Income Statement. Stocks that are given a high growth score tend to have the characteristics resulting in market outperformance.
Individuals or firms looking to invest in Huntsman Corporation (NYSE:HUN) might also take into consideration the long term analyst estimates on the stock. Sell-side firms tracked by Zacks have a long term growth estimate of 11, on a consensus basis. This figure is based on earnings and sales projected over the next three to five years. Looking to the near future, Wall Street brokerages have a one-year price target of $28.25 on the stock. This is the average number from the 8 analysts who have published ratings in the past 6 months.
Sell-side brokerages use a variety of different terms for their ratings on the stock. Zacks has created a simplified scale where the number one represents a Strong Buy and the number five represents a Strong Sell. Using this simplified scale, Huntsman Corporation has a rating of 1.5.
The analyst price targets on the stock range from $22 from the most bearish outlook to $33 from the most bullish analyst.
Huntsman Corporation (NYSE:HUN) will next issue their quarterly earnings announcement on 2015-07-29. Analysts on the Street are anticipating earnings of $0.53 per share for the quarter. Most recently the firm reported earnings of $0.4 per share for the period ending on 2015-03-31.
Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates its businesses through Huntsman International LLC (Huntsman International). The Company’s products consists a range of chemicals and formulations, which it markets globally to a range of consumer and industrial customers. The Company is a global producer in product lines, including methyl diphenyl diisocyanate (MDI), amines, surfactants, epoxy-based polymer formulations, textile chemicals, dyes, maleic anhydride and titanium dioxide. The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects and Pigments. Effective March 14, 2013, it acquired 20% interest in Nippon Aqua Co Ltd. In August 2013, the Company announced that it has completed the acquisition of the business of Oxid L.P

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