Huntsman Corporation : The underlying trend is to the upside
Entry price :
29.57$ | Target : 36$ | Stop-loss : 26.7$ | Potential : 21.75%
The timing appears opportune to go long in shares of Huntsman Corporation as we anticipate another pick-up in the underlying trend. Investors have an opportunity to buy the stock and target the $ 36.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. In a short-term perspective, the company has interesting fundamentals.
The group usually releases upbeat results with huge surprise rates. The company has attractive valuation levels with a low EV/sales ratio compared with its peers. The company's attractive earnings multiples are brought to light by a P/E ratio at 11.87 for the current year. Over the last twelve months, the sales forecast has been frequently revised upwards. For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates. For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year. Analysts covering this company mostly recommend stock overweighting or purchase. The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential. Within the weekly time frame the stock shows a bullish technical configuration above the support level at 23.04 USD
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
Subsector Other Specialty Chemicals
1st jan. Capitalization (M$) Investor Rating
HUNTSMAN CORPORATION 25.78% 7 010
ę MarketScreener.com 2021
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7 325 M
Net income 2021
Net Debt 2021
P/E ratio 2021
7 010 M
7 010 M
EV / Sales 2021
EV / Sales 2022
Nbr of Employees
Upcoming event on HUNTSMAN CORPORATION
Number of Analysts
Average target price
Last Close Price
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