Why Huntsman (HUN) is Such a Great Value Stock Pick Right Now - Tale of the Tape
April 10 2014 - 9:00AM
Zacks
Value investing is always a very popular
strategy, and for good reason. After all, who doesn’t want to find
stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have
identified a strong candidate which may be an impressive value;
Huntsman Corporation (HUN).
Huntsman in Focus
HUN may be an interesting play thanks to its forward PE of 11.41,
its P/S ratio of 0.55, and its decent dividend yield of 2.01%.
These factors suggest that Huntsman is a pretty good value pick, as
investors have to pay a relatively low level for each dollar of
earnings, and that HUN has decent revenue metrics to back up its
earnings.
But before you think that Huntsman is just a pure value play, it is
important to note that it has been seeing solid activity on the
earnings estimate front as well. For current year earnings, the
consensus has gone up by 2.0% in the past 30 days, thanks to 1
upward revision in the past one month compared to no lower.
This estimate strength is actually enough to push HUN to a Zacks
Rank #2 (Buy), suggesting it is poised to outperform. So really,
Huntsman is looking great from a number of angles thanks to its PE
below 20, a P/S ratio below one, and a strong Zacks Rank, meaning
that this company could be a great choice for value investors at
this time.
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