Huntsman Corporation (NYSE: HUN) saw its share price slide to a 52-week low of $9.01, before settling around $9.02 on Monday, down approximately 4.6%, as displayed in LSEG data.
The month-over-month decline signals investor jitters following the company’s release of soggy second-quarter figures. Huntsman reported a $34 million adjusted net loss, or –$0.20 per share, veering below consensus estimates of –$0.12 per share, amounting to a 66.7% negative surprise.
Total revenue came in at $1.458 billion, down from the $1.49 billion analysts expected, and down about 7–8% year-on-year from $1.574 billion.
Although adjusted EBITDA dropped to $74 million from $131 million a year earlier, Huntsman generated $92 million in operating cash flow and $55 million in free cash flow, compared to just $5 million in the prior year’s quarter.
Meanwhile, structural headwinds persist. Analysts warn of continued pressure on demand and pricing, particularly in Huntsman’s key end-markets—automotive, building & construction, and aerospace—which have yet to recover.
Though KeyBanc Capital Markets reaffirmed its “Sector Weight” rating, investor sentiment remains cautious.
