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Eastman Chemical Company (EMN)
:EMN
Holding EMN?
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EMN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$80.71 - $114.50
Previous CloseN/A
Volume201.33K
Average Volume (3M)1.19M
Market Cap
$10.63B
Enterprise Value$17.69B
Total Cash (Recent Filing)$181.00M
Total Debt (Recent Filing)$6.31B
Price to Earnings (P/E)12.3
Beta1.06
Next Earnings
Jan 30, 2025EPS Estimate
1.58Last Dividend Ex-Date
Dec 16, 2024Dividend Yield3.55%
Share Statistics
EPS (TTM)7.47
Shares Outstanding115,912,600
10 Day Avg. Volume1,075,882
30 Day Avg. Volume1,185,214
Standard Deviation0.10
R-Squared0.61
Alpha-0.00657
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.14
Price to Cash Flow (P/CF)6.70
P/FCF Ratio8.70
Enterprise Value/Market Cap1.66
Enterprise Value/Revenue1.89
Enterprise Value/Gross Profit8.59
Enterprise Value/Ebitda9.78
Forecast
1Y Price Target
$113.46Price Target Upside21.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Eastman Chemical News
Bulls Say, Bears Say
Bulls Say
Circularity And Environmental InitiativesEastman is set to enhance earnings power through circularity investments, with major contributions expected from methanolysis and biodegradable cellulosic polymers projects.
Financial Performance And Growth PotentialEastman Chemical Company is expected to achieve significant EPS growth despite low demand growth due to improved operations and cost savings.
Valuation And Stock UpgradeAnalyst upgrades EMN to Buy with a $109 price objective, noting the valuation is attractive at 7.5x EV/EBITDA and 9.8x P/E on 2025 estimates.
Bears Say
Earnings And Financial PerformanceEarnings estimates are lowered due to a worse demand outlook and higher feedstock costs.
Market Demand And ValuationDemand softness is expected to persist in durables, electronics, transportation, construction, and agriculture markets, delaying recovery.
Operational ChallengesKingsport had to resolve issues with feedstock preparation, resulting in a planned shutdown and higher costs, reducing the incremental EBITDA contribution from $50MM in 2024 to $20-30MM.
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Ownership Overview
0.63% Insiders
26.43% Mutual Funds
0.56% Other Institutional Investors
45.68% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EMN FAQ
What was Eastman Chemical Company’s price range in the past 12 months?
Eastman Chemical Company lowest stock price was $80.70 and its highest was $114.50 in the past 12 months.
What is Eastman Chemical Company’s market cap?
Eastman Chemical Company’s market cap is $10.63B.
When is Eastman Chemical Company’s upcoming earnings report date?
Eastman Chemical Company’s upcoming earnings report date is Jan 30, 2025 which is in 9 days.
How were Eastman Chemical Company’s earnings last quarter?
Eastman Chemical Company released its earnings results on Oct 31, 2024. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $2.151 by $0.109.
Is Eastman Chemical Company overvalued?
According to Wall Street analysts Eastman Chemical Company’s price is currently Undervalued.
Does Eastman Chemical Company pay dividends?
Eastman Chemical Company pays a Quarterly dividend of $3.259 which represents an annual dividend yield of 3.55%. See more information on Eastman Chemical Company dividends here
What is Eastman Chemical Company’s EPS estimate?
Eastman Chemical Company’s EPS estimate is 1.58.
How many shares outstanding does Eastman Chemical Company have?
Eastman Chemical Company has 115,912,600 shares outstanding.
What happened to Eastman Chemical Company’s price movement after its last earnings report?
Eastman Chemical Company reported an EPS of $2.26 in its last earnings report, beating expectations of $2.151. Following the earnings report the stock price went down -3.81%.
Which hedge fund is a major shareholder of Eastman Chemical Company?
Currently, no hedge funds are holding shares in EMN
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Eastman Chemical Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$113.46 (21.73% Upside)
$113.46 (21.73% Upside)
Blogger Sentiment
Bullish
EMN Sentiment 70%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 278.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.42%
12-Months-Change
Fundamentals
Return on Equity
16.08%
Trailing 12-Months
Asset Growth
3.19%
Trailing 12-Months
Company Description
Eastman Chemical Company
Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Additives and Functional Products, Advanced Materials, Chemical Intermediates and Fibers. The Additives and Functional Products segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The Advanced Materials segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The Chemical Intermediates segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fiber segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.
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EMN Company Deck
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EMN Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presents a mixed sentiment with highlights in innovation-driven growth, improved cost structures, and significant support for the Texas methanolysis plant. However, these are balanced by challenges such as reduced methanolysis EBITDA expectations, consumer demand weakness, and delays in the France project.Read More>---
EMN Sales Breakdown
31.83% Advanced Materials
30.77% Additives & Functional Products
23.27% Chemical Intermediates
14.06% Fibers
0.07% Other
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EMN Stock 12 Month Forecast
Average Price Target
$113.46
▲(21.73% Upside)
Technical Analysis
Best Analysts Covering EMN
1 Year
1 Year Success Rate
16/25 ratings generated profit
1 Year Average Return
+18.41%
reiterated a buy rating 9 months ago
Copying Vincent Anderson's trades and holding each position for 1 Year would result in 64.00% of your transactions generating a profit, with an average return of +18.41% per trade.
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