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In a turbulent market environment, Huntsman Corporation (NYSE:HUN) stock has touched a 52-week low, dipping to $15.45, while offering a substantial 6.3% dividend yield. According to InvestingPro analysis, the stock is currently trading below its Fair Value. 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 erode, with a stark 1-year change showing a decline of 40.86%. Despite these challenges, analysts maintain price targets ranging from $18 to $24, and InvestingPro data shows the company maintains a "Fair" overall financial health score. 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. While currently unprofitable, analysts expect a return to profitability this year, with positive earnings forecasts.
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 earnings miss, the company maintained its revenue forecast of $1.45 billion, aligning with expectations. Huntsman has been actively pursuing strategic restructuring and cost-saving measures, particularly in Europe, to streamline operations and reduce expenses. These initiatives, along with an improved outlook for the coming quarters, may have contributed to investor confidence. The company also declared a quarterly cash dividend of $0.25 per share, payable on March 31, 2025. Additionally, Huntsman has scheduled its virtual annual stockholders’ meeting for April 30, 2025. Analysts from Citibank and Deutsche Bank (ETR:DBKGn) have shown interest in the company’s restructuring actions and potential impacts on future performance. Huntsman is optimistic about EBITDA improvement in Q2 2025, driven by seasonal construction upticks and potential pricing improvements in MDI.
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