Source: Shutterstock Huntsman Corporation ( NYSE:HUN ), might not be a large cap stock, but it saw a significant share price rise of over 20% in the past couple of months on the NYSE. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Today I will analyse the most recent data on Huntsman’s outlook and valuation to see if the opportunity still exists. Is Huntsman Still Cheap? According to my valuation model, Huntsman seems to be fairly priced at around 19.85% above my intrinsic value, which means if you buy Huntsman today, you’d be paying a relatively fair price for it. And if you believe the company’s true value is $26.12, there’s only an insignificant downside when the price falls to its real value. Is there another opportunity to buy low in the future? Since Huntsman’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator for how much the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
