14 Analysts Issue Consensus ‘Reduce’ Rating with $10.23 Price Target for Huntsman
Analysts covering Huntsman Corporation assign a consensus “Reduce” rating based on 14 firms: 4 sell, 8 hold, 2 buy, with average 12-month price target of $10.23. Recent target revisions include Goldman Sachs raising from $8.50 to $9.50 and Citigroup lifting target from $8.50 to $10.50.
1. Consensus Rating and Analyst Breakdown
Fourteen sell-side firms cover Huntsman Corporation. Of these, four analysts recommend a sell rating, eight recommend hold, and two recommend buy. MarketBeat calculates an average 12-month target price of $10.2273, reflecting tempered expectations despite recent methodological upgrades in research coverage.
2. Recent Analyst Actions and Price Target Revisions
Goldman Sachs lowered its sell rating but raised its target from $8.50 to $9.50 on December 4. Citigroup boosted its neutral rating target from $8.50 to $10.50 on December 3. JPMorgan cut its overweight target from $20.00 to $11.00 on November 10. KeyCorp and Weiss Ratings reaffirmed sector-weight and sell ratings, respectively, across the fourth quarter.
3. Q3 Financial Results and Profitability Metrics
In Q3, Huntsman reported revenue of $1.46 billion, slightly above consensus estimates of $1.45 billion, but revenue was down 5.2% year-over-year. The company delivered adjusted EPS of negative $0.03, outperforming the consensus loss of $0.13. Net margin contracted to negative 5.69%, and return on equity stood at negative 3.26%. Analysts project full-year EPS of 0.32, indicating a potential turnaround in profit generation.
4. Balance Sheet, Dividend Policy, and Institutional Flows
Huntsman carries a debt-to-equity ratio of 0.54, with a quick ratio of 0.84 and a current ratio of 1.36, signaling moderate liquidity. The board declared a quarterly dividend of $0.0875, payable December 31 to holders of record December 15, translating to a 3.5% annual yield. Institutional ownership stands at 84.8%, with notable third-quarter stakes acquired by GAMMA Investing (3,935 shares) and Strengthening Families & Communities LLC (4,313 shares).