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  "documentTitle": "Huntsman Corporation (HUN)",
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  "presentationDate": "2022-02-28 00:00:00",
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  "notes": "Includes a quote from Barclays (Nov 2021) highlighting historical skepticism regarding management's ability to execute.",
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      "text": "Wall Street consensus estimates for Adjusted EBITDA margins are BELOW the Company's targeted range",
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      "text": "Wall Street consensus estimates for Adjusted EBITDA margins are BELOW the Company’s targeted range",
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      "text": "Huntsman 2021 Investor Day Adjusted EBITDA Margin Target versus Consensus Estimates",
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      "text": "Adjusted EBITDA margin: 18-20%",
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      "text": "We believe Wall Street consensus estimates suggest a high degree of skepticism regarding the Company's 2021 Investor Day targets as estimated Adjusted EBITDA margins continue to be below the low-end of the Company's targeted range.",
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      "text": "For some cynics in Chemicals who have more grey hairs than ourselves, they’ve sat through previous HUN investor days that also felt compelling but ultimately didn’t translate into results... execution will be the ultimate determinant.",
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      "text": "For some cynics in Chemicals who have more grey hairs than ourselves, they’ve sat through previous HUN investor days that also felt compelling but ultimately didn’t translate into results. There are a number of (fair) reasons for management to believe that “now is different” (upgraded portfolio, much cleaner balance sheet), but that is the historical challenge the stock is facing: Convincing the incremental buyer that this time is different. We think the setup into 2022-23 could be interesting if we get a few more good results on the board, but execution will be the ultimate determinant. — Barclays, November 2021",
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      "text": "Source: Company filings, transcripts, and presentations, Wall Street consensus. (1) Wall Street consensus estimates as of February 25, 2022.",
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      "text": "Wall Street Analysts Also Do Not Seem to Believe That Huntsman Will Deliver on Its Latest Investor Day Targets",
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