Looking at top Wall Street opinions, Huntsman Corporation (NYSE: HUN) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of Goldman, whereas its previous rating was Neutral in the eyes of Goldman, as reported on Friday, May 10th, 2019. Another heavy-hitting research note was published by Nomura on Monday April 15th, 2019, with this firm upgrading HUN to an updated rating of Buy from its previous rating of Neutral. In the past six months and three months of trading, shares of Huntsman Corporation (HUN) have moved by -13.44% and -1.49%, respectively.
Brokerage Updates Related to Huntsman Corporation (HUN) Stock
This publicly-traded organization generated gains of 6.70% over the last 5 sessions. Right now, this stock is the subject of 17 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 3 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $26.61. Moreover, individual price targets range between $19.00-$35.00. With its recent move to $26.00, we can see that these firms project this stock will loss by -37.34% in one year.
Updates from Huntsman Corporation (HUN) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 2.70% rise since the beginning of the calendar year. A Exec VP, GC and Sec at Huntsman Corporation (HUN) bought some of its shares in a transaction that was finalized on May 23. Similarly, Wright Scott J bought 4,950 shares of the organization’s stock at $20.22 apiece and racked up $100,079 in earnings from the purchase. Now, Wright Scott J holds 33,922 shares of the company following the exchange. A Exec VP, GC and Sec of the organization named STRYKER DAVID M, was engaged in a transaction that occurred on May 09 that managed to be worth $19,615 from the purchase of 1,000 common shares at a price of $19.62 per individual share.
Huntsman Corporation (NYSE:HUN) Results in the Pipeline
The next scheduled release of financial results for Huntsman Corporation will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.63. In the same vein, they expect sales for the quarter to amount to $2,271.29 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $2,194.00 million in revenue alongside EPS at $0.63. On average, the analyst projection was calling for $2,034.00 million with $0.46 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $2,236.00 million, with earnings per share ending up at $0.52.
Myriad Genetics, Inc. (NASDAQ:MYGN) experienced a drop of -1.61% from the closing price in the previous trading day. That drove the price to $44.55 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,655,201 shares of stock – compared to the typical average of 1.20M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $38.30.
Pricing Indications for Myriad Genetics, Inc. (MYGN)
This organization has had a price-to-earnings ratio of 246.13 in the last year. Meanwhile, it gained 29.66 from its observable 50-day simple moving average. Right at this moment, the per-share value is 45.58% higher than the mean per-share price over the last 200 days in the market.
Myriad Genetics, Inc. (NASDAQ:MYGN) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 1 have an outperform rating, while 8 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.80, based on information from Thomson Reuters.
MYGN Stock Value Potential
In trading activity as of late, this stock’s value was 30.61 up from its 200 day moving average, while also 52.29% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $27.00-$47.00. The market value for the entire organization reached 3.30B. In the last trading session, the price ended the day at $45.28. The institutional holdings related to this organization account for 1.40%, and the Beta factor is now 0.65. This company’s RSI (Relative Strength Index) managed to hit 76.13.
Myriad Genetics, Inc. (NASDAQ:MYGN) Analyst Points of Focus
Myriad Genetics, Inc. (MYGN) has found itself inside of BofA/Merrill’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Neutral, compared to its previous rating of Underperform by BofA/Merrill, as garnered from a news report on Friday August 2nd, 2019. An additional helpful research note was sent out by Barclays’s on Thursday August 1st, 2019. The brokerage decided to upgrade MYGN to Equal Weight from its previous rating of Underweight.