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Eastman Chemical (EMN)
NYSE: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)1.18M
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
Beta1.03
Next Earnings
Jan 30, 2025EPS Estimate
1.58Last Dividend Ex-Date
Dec 16, 2024Dividend Yield3.54%
Share Statistics
EPS (TTM)7.47
Shares Outstanding115,912,600
10 Day Avg. Volume1,090,628
30 Day Avg. Volume1,181,798
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 Upside23.68% 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’s price range in the past 12 months?
Eastman Chemical lowest stock price was $80.70 and its highest was $114.50 in the past 12 months.
What is Eastman Chemical’s market cap?
Eastman Chemical’s market cap is $10.63B.
When is Eastman Chemical’s upcoming earnings report date?
Eastman Chemical’s upcoming earnings report date is Jan 30, 2025 which is in 12 days.
How were Eastman Chemical’s earnings last quarter?
Eastman Chemical 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 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 $3.259 which represents an annual dividend yield of 3.54%. See more information on Eastman Chemical dividends here
What is Eastman Chemical’s EPS estimate?
Eastman Chemical’s EPS estimate is 1.58.
How many shares outstanding does Eastman Chemical have?
Eastman Chemical has 115,912,600 shares outstanding.
What happened to Eastman Chemical’s price movement after its last earnings report?
Eastman Chemical 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?
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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Analyst Consensus
Moderate Buy
Average Price Target:
$113.46 (23.68% Upside)
$113.46 (23.68% Upside)
Blogger Sentiment
Bullish
EMN Sentiment 100%
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 ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.91%
12-Months-Change
Fundamentals
Return on Equity
15.65%
Trailing 12-Months
Asset Growth
3.19%
Trailing 12-Months
Company Description
Eastman Chemical
Eastman Chemical Company (EMN) is a global specialty materials company that produces a broad range of advanced materials, chemicals, and fibers. Headquartered in Kingsport, Tennessee, Eastman serves diverse markets including transportation, building and construction, consumables, and electronics. The company is renowned for its innovation in sustainable solutions and its wide portfolio of products that enhance the quality and performance of its customers' offerings.
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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
▲(23.68% 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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