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In a turbulent market environment, Huntsman Corporation (NYSE:HUN) stock has touched a 52-week low, dipping to $12.46. According to InvestingPro analysis, the stock's RSI indicates oversold conditions, while the company maintains a strong 7.45% dividend yield and has raised dividends for 4 consecutive years. This price level reflects significant pressure on the chemical manufacturing giant, as investors respond to a complex array of industry and economic headwinds. Over the past year, Huntsman has seen its stock value decrease sharply, with a 1-year change showing a substantial decline of -49.53%. This downturn highlights the challenges faced by the sector, including fluctuating raw material costs and shifting demand patterns, which have collectively weighed on the company's market performance. Despite current headwinds, InvestingPro analysis suggests the stock is trading below its Fair Value, with 11 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Huntsman Corporation reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of -$0.25, which missed the forecasted -$0.09. Despite this, the company's revenue matched forecasts at $1.45 billion, indicating a stable sales performance despite economic pressures. In terms of strategic moves, Huntsman is actively pursuing restructuring efforts, particularly in Europe, to streamline operations and reduce costs. Additionally, the company has announced a quarterly cash dividend of $0.25 per share, payable on March 31, 2025. The annual stockholders' meeting is scheduled for April 30, 2025, and will be conducted virtually. Analysts from Citibank and Deutsche Bank (ETR:DBKGn) have shown interest in Huntsman's ongoing restructuring and cost-saving measures, noting a positive outlook for EBITDA improvement in Q2 2025. The company is also dealing with potential geopolitical uncertainties and inflationary pressures, which are adding $40-50 million in costs. Despite these challenges, Huntsman remains focused on optimizing its asset footprint and pushing for margin expansion across all divisions.
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