At First Glance, Such A Possibility Seems Ridiculous: Huntsman Corporation (HUN), PulteGroup, Inc. (PHM)

Huntsman Corporation (NYSE:HUN) recently ticked lower on weak volume. About 3.37 million contracts were traded on 29-Nov-17 compared to daily average volume of 3.83 million shares. The first sale was made at $32.27 but later the stock became weaker, and closed with a fall of -1.52%. It was last traded at $31.8 apiece.

Huntsman Corporation (HUN): Outperform Candidate With 16.67% Upside Potential

Huntsman Corporation is maintained at an average outperform rating by 10 stock analysts, and there are at least 4.2% of shares outstanding that are currently legally short sold. The shares went up by 1.4% in value last month. Year-to-date it jumped 66.67%. Analysts are turning out to be more optimistic than before, with 10 of analysts who cover Huntsman Corporation (NYSE:HUN) advice adding it to buy candidate list. Wall Street experts also assign a $37.1 price target on Huntsman Corporation, pointing towards a 16.67% rally from current levels. The stock is trading for about -2.42% less than its 52-week high.

Huntsman Corporation Reports -23.87% Sales Growth

Huntsman Corporation (HUN) remained successful in beating the consensus-estimated $0.51 as it actually earned $0.67 per share in its last reported financial results. Revenue, on the other hand, scored -23.87% growth from the previous quarter, coming up with $1.99 billion.

HUN Adds 2.58% In A Week

This company shares (HUN) so far managed to recover 74.92% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 3% while shortening the period to a week, volatility was 2.6%. The share price has already crossed its 20 days moving average, floating at a distance of 2.44% and sits 8.06% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 2.58% gains and is up by 22.08% compared with its 200-day moving average of $27.16. Also, Huntsman Corporation (HUN) needs to expand a 66.93% increase it experienced over the past twelve months.

PulteGroup, Inc. (NYSE:PHM) Consensus Call At 2.7

As regular trading ended, PulteGroup, Inc. (PHM) stock brought in a $0.57 rise to $33.81. The day started at a price of $33.3 but then traded as high as $33.87 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.7. PulteGroup, Inc. is given 3 buy-equivalent recommendations, 1 sells and 14 holds. The company shares advanced 1.32% from their peak of $33.37 and now has a $9.85 billion market value of equity.

PulteGroup, Inc. Could Grow -8.78% More

PHM’s mean recommendation on Reuter’s scale improved from 2.55 thirty days ago to 2.64 now, which indicates a hold consensus from the analyst community. They see PulteGroup, Inc. (PHM) price hitting a mean target of $30.84 a share, meaning the stock still has potential that could drag the price another -8.78% Also, the recent close suggests the stock is underpriced by 12.39% compared to the most bullish target.

PulteGroup, Inc. (PHM) Returns 83.95% This Year

The company had seen its current volume reaching at 5 million shares in the last trade. That compares with the recent volume average of 4.51 million. At the close of regular trading, its last week’s stock price volatility was 1.93% which for the month reaches 1.36%. PulteGroup, Inc. dipped to as low as $33.23 throughout the day and has returned 83.95% in this year. At one point in the past year, the shares traded as low as $18.18 but has recovered 85.97% since then.

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