HUN Stock Summary and Trading Ideas (Huntsman | NYSE:HUN)

Huntsman Corp is a us-based manufacturer of differentiated organic chemical products. Its product portfolio comprises Methyl diphenyl diisocyanate (MDI), Amines, Maleic anhydride, and Epoxy-based polymer formulations. The company's products are used in adhesives, aerospace, automotive, and construction products, among others. Its operating segments are Polyurethanes, Performance Products, and Advanced Materials. It derives most of its revenue from the Polyurethanes segment which includes MDI, polyols, TPU (thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia-Pacific, and the Rest of the world.

Huntsman trades on the NYSE stock market under the symbol HUN.

As of April 24, 2024, HUN stock price declined to $23.99 with 1,416,179 million shares trading.

HUN has a beta of 0.97, meaning it tends to be less sensitive to market movements. HUN has a correlation of 0.24 to the broad based SPY ETF.

HUN has a market cap of $4.15 billion. This is considered a Mid Cap stock.

Last quarter Huntsman reported $1 billion in Revenue and -$.21 earnings per share. This beat revenue expectation by $72 million and missed earnings estimates by -$.04.

In the last 3 years, HUN stock traded as high as $41.65 and as low as $22.14.

The top ETF exchange traded funds that HUN belongs to (by Net Assets): VTI, VB, SCHD, DVY, VBR.

HUN has underperformed the market in the last year with a price return of -6.9% while the SPY ETF gained +24.2%. HUN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.8% and -6.0%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

HUN support price is $23.67 and resistance is $24.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUN stock will trade within this expected range on the day.