Stock Updates

Is this Large Market Cap Stock target price reasonable for Eastman Chemical Co. (NYSE:EMN)?

The company in question is, Eastman Chemical Co. (NYSE:EMN) currently with a stock price of 67.74 (0.56% today). The market cap for Eastman Chemical Co. is 10011.97, and is in the sector Basic Materials, and Chemicals – Major Diversified industry. The target price for Eastman Chemical Co. is 77.13. Currently Eastman Chemical Co. is trading with a P/E of 11.41, and a forward P/E of 9.5. Average volume for Eastman Chemical Co. is 1374.82 and so far today it is 1222100.

Performance in the last year for Eastman Chemical Co. has been -0.58%. For EPS growth, Eastman Chemical Co. has seen a growth of 14.20%, and is looking to grow in the next year to 9.13%. More long term stats show that EPS growth has been 0.10% over the last five years and could be 5.22% for the next five years. Eastman Chemical Co. has seen sales growth quarter over quarter at -9.30%, with EPS growth quarter over quarter at -13.60%. The 20-day simple moving average is -0.79%, with the 200-day simple moving average coming to -1.34%.

Since the IPO date for Eastman Chemical Co. on the 12/14/1993, Eastman Chemical Co. has seen performance year to date to be 1.65%. With Eastman Chemical Co. trading at 67.74, the dividend yield is 2.72%, and the EPS is 5.94.

So could Eastman Chemical Co., be undervalued? Well as said before P/E is 11.41. The PEG is 2.18, P/S is 1.09 and the P/B is at 2.29. The P/cash is 41.72, with P/free cash flow at 16.77.

Eastman Chemical Co. ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 0.7. This is with long term debt/equity at 1.39, and total debt/equity at 1.56.

In terms of margins, Eastman Chemical Co. has a gross margin of 26.50%, an operating margin of 14.90% and a profit margin of 9.60%.Payout ratio for Eastman Chemical Co. is 29.80%. Return on assets come to 5.70% with return on investment coming to 10.10%.

Insider ownership for Eastman Chemical Co., is at 0.40% and institutional ownership comes to 88.50%. Outstanding shares are at 147.8. While shares float is 147.19. The float short is currently 2.97%, and short ratio is 3.18.

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

Tony Dabbs

Leave a Comment