Stocks Faring Away From Broker’s Choice: United Parcel Service (NYSE:UPS), Huntsman (NYSE:HUN)

United Parcel Service, Inc. (NYSE:UPS) [Trend Analysis] luring active investment momentum, shares a loss -6.75% to $109.13. While reporting its fourth-quarter financial results , United Parcel Service (UPS) forecast fiscal 2017 earnings below analysts’ estimates.For fiscal 2017, UPS expects adjusted earnings per share of $5.80 to $6.10, which includes $400 million of pre-tax currency headwinds.

Further, the company noted that the currency drag lowers the adjusted earnings per share by $0.30 in 2017, and decreases the earnings per share growth rates by approximately 500 basis points.On average, analysts polled by Thomson Reuters expect the company to earn $6.16 per share for the year. Analysts’ estimates typically exclude special items. The total volume of 12.75 Million shares held in the session was surprisingly higher than its average volume of 2510.19 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 62.90%, and looking further price to next year’s EPS is 5.95%. While take a short look on price to sales ratio, that was 1.59 and price to earnings ratio of 19.48 attracting passive investors.

Shares of Huntsman Corporation (NYSE:HUN) [Trend Analysis] runs in leading trade, it plunging -0.92% to traded at $20.39. The firm has price volatility of 2.91% for a week and 2.70% for a month. Its beta stands at 2.61 times. A fire started January 30 at Huntsman Corporation’s (HUN) titanium dioxide manufacturing facility in Pori, Finland. All Huntsman associates at the site have been accounted for and there were no injuries. The fire brigade responded quickly and extinguished the fire.Pori has a capacity of 130,000 metric tons, which represents approximately 15% of Huntsman’s total titanium dioxide capacity and approximately 10% of total European demand.

The site is insured for property damage as well as earnings losses. Huntsman is committed to repairing the facility as quickly as possible to ensure that consumers can continue to receive the quality products offered by our Pori site.The ongoing process to separate the Pigments and Additives business from Huntsman is proceeding. Narrow down four to firm performance, its weekly performance was -2.90% and monthly performance was 6.42%. The stock price of HUN is moving up from its 20 days moving average with 1.73% and isolated positively from 50 days moving average with 3.56%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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