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Eastman Chemical (EMN)
NYSE:EMN
Eastman Chemical (EMN) Stock Price & Analysis
729 Followers
EMN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.12 - $105.12
Previous Close$100.18
Volume484.61K
Average Volume (3M)860.12K
Market Cap
$11.78B
Enterprise Value$16.15B
Total Cash (Recent Filing)$548.00M
Total Debt (Recent Filing)$4.85B
Price to Earnings (P/E)12.9
Beta1.21
Next Earnings
Jul 25, 2024EPS Estimate
$2.02Last Dividend Ex-Date
Jun 17, 2024Dividend Yield3.3%
Share Statistics
EPS (TTM)7.78
Shares Outstanding117,649,499
10 Day Avg. Volume1,081,635
30 Day Avg. Volume860,117
Standard Deviation0.10
R-Squared0.62
Alpha-0.00321
Financial Highlights & Ratios
Price to Book (P/B)17.21
Price to Sales (P/S)5.26
Price to Cash Flow (P/CF)6.40
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.75
Enterprise Value/Gross Profit7.84
Enterprise Value/Ebitda9.23
Forecast
1Y Price Target
$110.93Price Target Upside10.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Eastman Chemical News
PremiumCompany Announcements
Eastman Chemical Welcomes Donald Slager to Board of Directors
Bulls Say, Bears Say
Bulls Say
Earnings OutlookThe potential upside for normalized earnings is encouraging, with volume recovery expected to boost EBITDA significantly.
Financial PerformanceFree cash flow is rebounding and tracking to exceed prior year levels, with most of this ultimately to be deployed on recycling and circular expansion initiatives.
Strategic InitiativesStrong progress on the circular platform in the US, including on-spec production at Kingsport and a new methanolysis plant announcement in Longview, TX.
Bears Say
EarningsReported MarQ23 adj EBITDA declined 5% Y/Y to $401M despite 4% higher volume/mix.
GuidanceThe 2Q guide is soft with a shortfall in some segments and a $20mn headwind from maintenance.
Project DelaysSome delays for its project in France.
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Ownership Overview
1.72% Insiders
32.09% Mutual Funds
25.16% Other Institutional Investors
41.02% 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’s price range in the past 12 months?
Eastman Chemical lowest stock price was $67.12 and its highest was $105.12 in the past 12 months.
What is Eastman Chemical’s market cap?
Currently, no data Available
When is Eastman Chemical’s upcoming earnings report date?
Eastman Chemical’s upcoming earnings report date is Jul 25, 2024 which is in 7 days.
How were Eastman Chemical’s earnings last quarter?
Eastman Chemical released its earnings results on Apr 25, 2024. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.433 by $0.177.
Is Eastman Chemical overvalued?
According to Wall Street analysts Eastman Chemical’s price is currently Undervalued.
Does Eastman Chemical pay dividends?
Eastman Chemical pays a Quarterly dividend of $0.81 which represents an annual dividend yield of 3.3%. See more information on Eastman Chemical dividends here
What is Eastman Chemical’s EPS estimate?
Eastman Chemical’s EPS estimate is $2.02.
How many shares outstanding does Eastman Chemical have?
Eastman Chemical has 117,603,460 shares outstanding.
What happened to Eastman Chemical’s price movement after its last earnings report?
Eastman Chemical reported an EPS of $1.61 in its last earnings report, beating expectations of $1.433. Following the earnings report the stock price went down -0.598%.
Which hedge fund is a major shareholder of Eastman Chemical?
Among the largest hedge funds holding Eastman Chemical’s share is Atlantic Investment Management Inc. It holds Eastman Chemical’s shares valued at 37M.
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Eastman Chemical Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$110.93 (10.46% Upside)
$110.93 (10.46% Upside)
Blogger Sentiment
Bullish
EMN Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 35.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.50%
12-Months-Change
Fundamentals
Return on Equity
17.25%
Trailing 12-Months
Asset Growth
-1.57%
Trailing 12-Months
Company Description
Eastman Chemical
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
Q1 2024
0:00 / 0:00
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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
$110.93
▲(10.46% Upside)
Technical Analysis
Best Analysts Covering EMN
1 Year
1 Year Success Rate
17/25 ratings generated profit
1 Year Average Return
+19.40%
reiterated a buy rating 3 months ago
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