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Eastman Chemical Company (EMN)

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109.94 -0.69 (-0.62%)
As of 3:19 PM EDT. Market Open.
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DELL
  • Previous Close 110.63
  • Open 110.36
  • Bid 110.03 x 1000
  • Ask 110.07 x 800
  • Day's Range 109.77 - 110.87
  • 52 Week Range 68.89 - 114.50
  • Volume 207,587
  • Avg. Volume 862,420
  • Market Cap (intraday) 12.848B
  • Beta (5Y Monthly) 1.45
  • PE Ratio (TTM) 14.80
  • EPS (TTM) 7.43
  • Earnings Date Oct 24, 2024 - Oct 28, 2024
  • Forward Dividend & Yield 3.24 (2.93%)
  • Ex-Dividend Date Sep 16, 2024
  • 1y Target Est 113.17

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.

www.eastman.com

14,000

Full Time Employees

December 31

Fiscal Year Ends

Recent News: EMN

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Performance Overview: EMN

Trailing total returns as of 10/2/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

EMN
25.47%
S&P 500
19.79%

1-Year Return

EMN
48.24%
S&P 500
33.25%

3-Year Return

EMN
18.94%
S&P 500
31.14%

5-Year Return

EMN
81.78%
S&P 500
94.33%

Compare To: EMN

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Statistics: EMN

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Valuation Measures

Annual
As of 10/1/2024
  • Market Cap

    12.93B

  • Enterprise Value

    17.45B

  • Trailing P/E

    14.89

  • Forward P/E

    12.79

  • PEG Ratio (5yr expected)

    1.56

  • Price/Sales (ttm)

    1.44

  • Price/Book (mrq)

    2.30

  • Enterprise Value/Revenue

    1.91

  • Enterprise Value/EBITDA

    9.50

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.65%

  • Return on Assets (ttm)

    4.56%

  • Return on Equity (ttm)

    16.03%

  • Revenue (ttm)

    9.15B

  • Net Income Avi to Common (ttm)

    883M

  • Diluted EPS (ttm)

    7.43

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    530M

  • Total Debt/Equity (mrq)

    90.12%

  • Levered Free Cash Flow (ttm)

    404.38M

Research Analysis: EMN

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Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

100.00 Low
113.17 Average
109.94 Current
130.00 High
 

Company Insights: EMN

Research Reports: EMN

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  • Eastman Chemical Earnings: Profit Growth Exemplifies Our Recovery Thesis

    Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.

    Rating
    Price Target
     
  • Raising target price to $111.00

    EASTMAN CHEMICAL CO has an Investment Rating of HOLD; a target price of $111.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $103.00

    EASTMAN CHEMICAL CO has an Investment Rating of HOLD; a target price of $103.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $106.00

    EASTMAN CHEMICAL CO has an Investment Rating of HOLD; a target price of $106.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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