Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Eastman Chemical (GB:0IF3)
LSE:0IF3
Eastman Chemical (0IF3) Share Price & Analysis
0 Followers
0IF3 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.71 - $102.70
Previous Close$94.96
Volume366.00
Average Volume (3M)244.00
Market Cap
$11.24B
Enterprise Value$15.61B
Total Cash (Recent Filing)$548.00M
Total Debt (Recent Filing)$4.85B
Price to Earnings (P/E)12.2
Beta1.38
Next Earnings
Jul 25, 2024EPS Estimate
$2.02Next Dividend Ex-DateN/A
Dividend Yield3.33%
Share Statistics
EPS (TTM)7.77
Shares Outstanding117,649,499
10 Day Avg. Volume130
30 Day Avg. Volume244
Standard Deviation0.14
R-Squared0.28
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)16.64
Price to Sales (P/S)1.26
Price to Cash Flow (P/CF)6.20
P/FCF Ratio9.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.69
Enterprise Value/Gross Profit7.57
Enterprise Value/Ebitda10.17
Forecast
1Y Price Target
$105.92Price Target Upside8.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eastman Chemical News
PremiumPre-Earnings
Is EMN a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Cash Flow And Shareholder ReturnsProjected free cash flow strength enables Eastman to sustain a 3.7% dividend yield and potentially engage in share buybacks, enhancing shareholder value.
Circular Economy InvestmentsEastman's investments in circularity, such as advancements in methanolysis technology, are anticipated to contribute significantly to earnings per share, reflecting the company's commitment to sustainability and long-term growth.
Financial GrowthEastman is expected to achieve above-trend earnings per share growth, higher profit margins, and improved return on invested capital over the coming years.
Bears Say
Earnings Guidance1Q24 and Full Year 2024 EPS guidance midpoints were below consensus.
Financial PerformanceLower volumes and pricing are expected to contribute to a weaker 1Q24.
Operational ChallengesThe timing, capital deployment, and budgets for new projects could be challenging.
---
Options Prices
Currently, No data available
---
Ownership Overview
1.71% Insiders
28.57% Mutual Funds
27.05% Other Institutional Investors
42.67% Public Companies and
Individual Investors
0IF3 FAQ
What was Eastman Chemical’s price range in the past 12 months?
Eastman Chemical lowest share price was $67.71 and its highest was $102.70 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 85 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 does not currently pay dividends.
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 -1.109%.
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 33M.
---
Eastman Chemical Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$105.92 (8.86% Upside)
$105.92 (8.86% Upside)
Blogger Sentiment
Bullish
GB:0IF3 Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.94%
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.
---
0IF3 Company Deck
---
0IF3 Earnings Call
Q1 2024
0:00 / 0:00
---
0IF3 Stock 12 Months Forecast
Average Price Target
$105.92
▲(8.86% Upside)
Technical Analysis
Eastman Chemical
―
PPG Industries
―
LyondellBasell
―
FMC
―
Air Products and Chemicals
―
Best Analysts Covering 0IF3
1 Year
1 Year Success Rate
17/25 ratings generated profit
1 Year Average Return
+19.49%
reiterated a buy rating 2 days ago
Copying Vincent Anderson's trades and holding each position for 1 Year would result in 68.00% of your transactions generating a profit, with an average return of +19.49% per trade.
---