Huntsman Corporation (HUN): Today's Featured Chemicals Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
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(
) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole was unchanged today. By the end of trading, Huntsman Corporation fell 31 cents (-1.9%) to $16.29 on average volume. Throughout the day, 2.8 million shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $16.18-$16.50 after having opened the day at $16.50 as compared to the previous trading day's close of $16.60. Other companies within the Chemicals industry that declined today were:
(
), down 9.9%,
(
), down 8.3%,
(
), down 6.2%, and
(
), down 5.5%.
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Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. Huntsman Corporation has a market cap of $4 billion and is part of the basic materials sector. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7. Shares are up 67.1% year to date as of the close of trading on Monday. Currently there are four analysts that rate Huntsman Corporation a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates Huntsman Corporation as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Huntsman Ratings Report.
On the positive front,
(
), up 13%,
(
), up 9.8%,
(
), up 5.3%, and
(
), up 5%, were all gainers within the chemicals industry with
(
) being today's featured chemicals industry leader.
- Use our chemicals section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider
(
) while those bearish on the chemicals industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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