Stock Updates

Is Eastman Chemical Co.(NYSE: EMN), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Eastman Chemical Co. (NYSE: EMN) has been on the stock market since its IPO date on the 12/14/1993. Eastman Chemical Co. is in the Chemicals – Major Diversified industry and Basic Materials sector. Average volume for Eastman Chemical Co., is 1291.51, and so far today it has a volume of 423147. Performance year to date since the 12/14/1993 is 7.14%.

To help you determine whether Eastman Chemical Co. is undervalued the following values will help you decide. P/E is 11.5 and forward P/E is 9.25. PEG perhaps more useful shows that Eastman Chemical Co. has a value for PEG of 1.78. P/S ratio is 1.12 and the P/B ratio is 2.51. The P/Cash and P/Free cash flow is 52.55 and 15.5 respectively.

At the current price Eastman Chemical Co. is trading at, 71.95 (0.77% today), Eastman Chemical Co. has a dividend yield of 2.58%, and this is covered by a payout ratio of 27.50%. Earnings per share (EPS) is 6.21, and this is looking to grow in the next year to 11.00% after growing 14.20% this past year. EPS growth quarter over quarter is 47.70%, and -8.50% for sales growth quarter over quarter.

The number of shares outstanding is 148.66, and the number of shares float is 147.52. The senior management bring insider ownership to 0.40%, and institutional ownership is at 88.00%. The float short is 3.47%, with the short ratio at a value of 3.96. Management has seen a return on assets of 5.90%, and also a return on investment of 10.10%.

The ability for Eastman Chemical Co., to deal with debt, means it current ratio is 1.6, and quick ratio is 0.7. Long term debt/equity is 1.56 and total debt/equity is 1.68. In terms of margins, Eastman Chemical Co. has a gross margin of 27.10%, with its operating margin at 15.60%, and Eastman Chemical Co. has a profit margin of 9.80%.

The 52 week high is -8.10%, with 30.09% being its 52 week low. The 20 day simple moving average is 0.62% and the 200 day simple moving average is 4.30%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


About the author

Stephen Butters

Leave a Comment