The shares of Huntsman Corporation (NYSE:HUN) has been pegged with a rating of Buy by Nomura in its latest research note that was published on April 15th, 2019. The research company has also assigned a $30 price target. Nomura wasnâ€™t the only research firm that published a report of Huntsman Corporation, with other equities research analysts also giving their opinion on the stock. JP Morgan advised investors in its research note published on February 13th, 2019, to Neutral the HUN stock while also putting a $24 price target. The stock had earned Neutral rating from Alembic Global Advisors when it published its report on December 31st, 2018. The stock was given Neutral rating by Citigroup in its report released on October 1st, 2018, the day when the price target on the stock was placed at $30. Morgan Stanley was of a view that HUN is Equal-Weight in its latest report on September 25th, 2018 while giving it a price target of $30. RBC Capital Mkts thinks that HUN is worth Outperform rating. This was contained in the firmâ€™s report on July 18th, 2018 in which the stockâ€™s price target was also moved to $37.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $28.75. The price of the stock the last time has raised by 39.42% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 61.12.
The shares of the company dipped by -0.97% during the trading session on Monday, reaching a low of $24.35 while ending the day at $24.51. During the trading session, a total of 3.11 million shares were traded which represents a -16.84% decline from the average session volume which is 2.66M shares. HUN had ended its last session trading at 24.75. Huntsman Corporation currently has a market cap of $5.78B, while its P/E ratio stands at 10.33, while its P/E earnings growth sits at 0.62, with a beta of 2.28. Huntsman Corporation debt-to-equity ratio currently stands at 0.92, while its quick ratio hovers at 1.10. HUN 52-week low price stands at $17.58 while its 52-week high price is $33.55.
The company in its last quarterly report recorded $0.52 earnings per share which is below the $0.54 predicted by most analysts. The Huntsman Corporation generated $2,236.00 million in revenue during the last quarter, which is slightly higher than the $2,119.48 million predicted by analysts. In the second quarter last year, the firm recorded $0.84 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was down by -61.54%. Huntsman Corporation has the potential to record 2.37 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Longbow published a research note on February 11th, 2019 where it informed investors and clients that The Goodyear Tire & Rubber Company (NASDAQ:GT) is now rated as Underperform. Their price target on the stock stands at $14. JP Morgan also rated GT as Downgrade on February 13th, 2019, with its price target of $100 suggesting that GT could surge by 1.97% from its current share price. Even though the stock has been trading at $19.77/share, analysts expect it to surge higher by 0.81% to reach $20.33/share. It started the day trading at $20.05 and traded between $19.63 and $19.93 throughout the trading session.
A look at its technical shows that GTâ€™s 50-day SMA is 18.87 while its 200-day SMA stands at 21.46. The stock has a high of $28.34 for the year while the low is $17.30. The companyâ€™s P/E ratio currently sits at 6.78, while the P/B ratio is 0.95. At the moment, only of The Goodyear Tire & Rubber Company shares were sold short. The companyâ€™s average trading volume currently stands at 5.16M shares, which means that the short-interest ratio is just 1.87 days. Over the past seven days, the company moved, with its shift of 2.89%. Looking further, the stock has dropped -8.79% over the past 90 days while it lost -2.78% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more GT shares, increasing its portfolio by +0.58% during the last quarter. This move now sees The Vanguard Group Inc purchasing 141,277 shares in the last quarter, thus it now holds 24,419,223 shares of GT, with a total valuation of $443,208,897. BlackRock Fund Advisors meanwhile bought more GT shares in the recently filed quarter, changing its stake to $223,800,209 worth of shares. LSV Asset Management followed the path by decreasing its GT portfolio by -1.19% in the quarter. This means that LSV Asset Management sold -134,993 shares in the last quarter and now controls 11,217,026 shares of the GT stock, with the valuation hitting $203,589,022.
Similarly, Adage Capital Management LP decreased its The Goodyear Tire & Rubber Company shares by -12.03% during the recently filed quarter. After selling -1,179,379 shares in the last quarter, the firm now controls 8,626,411 shares of The Goodyear Tire & Rubber Company which are valued at $156,569,360. In the same vein, Lyrical Asset Management LP increased its The Goodyear Tire & Rubber Company shares by during the most recent reported quarter. The firm bought 43,825 shares during the quarter which increased its stakes to 8,283,381 shares and is now valued at $150,343,365. Following these latest developments, around 0.30% of The Goodyear Tire & Rubber Company stocks are owned by institutional investors and hedge funds.