Technical Research on Chemicals Equities -- Dow Chemical, FMC Corp., Huntsman, and LSB Industries
NEW YORK, August 7, 2017 /PRNewswire/ --
If you want a Stock Review on DOW, FMC, HUN, or LXU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Zacks recently reported that the Chemicals industry has outperformed the broader market over the past year. It has returned around 16% over the same period, while the S&P 500 index advanced roughly 14%. Today, DailyStockTracker.com observes four major players in the Diversified Chemicals space to see how they have fared at the close of the last trading session: The Dow Chemical Co. (NYSE: DOW), FMC Corp. (NYSE: FMC), Huntsman Corp. (NYSE: HUN), and LSB Industries Inc. (NYSE: LXU). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
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Dow Chemical
Last Friday at the close, shares in Midland, Michigan-based The Dow Chemical Co. ended 1.07% higher at $64.11. The stock recorded a trading volume of 4.01 million shares. The Company's shares have advanced 0.87% in the last one month, 1.62% in the previous three months, and 12.04% on an YTD basis. The stock is trading above its 200-day moving average by 5.66%. Furthermore, shares of Dow Chemical have a Relative Strength Index (RSI) of 44.36.
On July 13th, 2017, Dow Chemical has declared a dividend of 46 cents per share, payable on October 02nd, 2017, to shareholders of record on July 31st, 2017. Since the Company and DuPont expect the merger to close between August 01st, 2017, and September 01st, 2017, the duo has coordinated with respect to their respective third-quarter common stock dividend record and payment dates, as required by the Merger Agreement. Sign up and read the free research report on DOW at:
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FMC Corp.
Philadelphia, Pennsylvania headquartered FMC Corp.'s stock finished Friday's session 1.21% higher at $84.35 with a total trading volume of 1.10 million shares. The Company's shares have advanced 14.61% in the last one month, 15.09% over the previous three months, and 49.13% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 11.09% and 30.46%, respectively. Additionally, shares of FMC Corp. have an RSI of 75.27.
On August 01st, 2017, FMC Corp. reported second-quarter revenue of $657 million, which is an increase of 7% year-over-year. On a GAAP basis, the Company reported Q2 2017 earnings of $0.56 per diluted share, or $75 million, which is 14% above the GAAP earnings of $0.49 per diluted share, or $65 million, in Q2 2016. The Company's adjusted earnings per diluted share for the quarter were $0.48, which excludes approximately 24 cents attributable to the reporting of Health and Nutrition in discontinued operations.
On August 04th, 2017, research firm Nomura upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on FMC can be downloaded at:
http://dailystocktracker.com/registration/?symbol=FMC
Huntsman
Shares in The Woodlands, Texas headquartered Huntsman Corp. ended the session 0.31% higher at $25.77 with a total trading volume of 2.88 million shares. The stock has gained 3.12% over the previous three months and 35.06% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 0.97% and 15.23%, respectively. Moreover, shares of Huntsman, which through its subsidiary, Huntsman International LLC, manufactures and sells differentiated organic and inorganic chemical products worldwide, have an RSI of 43.04.
On July 24th, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'.
On July 27th, 2017, Huntsman reported second-quarter 2017 results. Revenues for the quarter were $2,616 million, net income was $183 million, and adjusted EBITDA was $413 million. Diluted income per share for Q2 2017 was $0.69, adjusted diluted income per share was $0.85, net cash provided by operating activities was $301 million, and free cash flow generation was $251 million. Register for free on DailyStockTracker.com and access the latest report on HUN at:
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LSB Industries
Oklahoma City, Oklahoma headquartered LSB Industries Inc.'s shares recorded a trading volume of 837,003 shares, which was above their three months average volume of 420,130 shares. The stock closed 5.66% higher at $6.91. The Company's shares are trading 21.52% below their 200-day moving average. Additionally, shares of LSB Industries, which manufactures and sells chemical products for the agricultural, mining, and industrial markets in the US and internationally, have an RSI of 30.06.
On July 25th, 2017, LSB Industries announced results for Q2 ended June 30th, 2017. Net sales for the quarter were $122.9 million, net loss from continuing operations was $7.0 million, and adjusted EBITDA from continuing operations was $22.2 million. As of June 30th, 2017, the Company's total cash position was $67.2 million. Additionally, it had approximately $40.8 million of borrowing availability under its Working Capital Revolver. Get free access to your research report on LXU at:
http://dailystocktracker.com/registration/?symbol=LXU
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