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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 1319.3, and so far today it has a volume of 990600. Performance year to date since the 12/14/1993 is 2.30%.

To help you determine whether Eastman Chemical Co. is undervalued the following values will help you decide. P/E is 11.4 and forward P/E is 9.51. PEG perhaps more useful shows that Eastman Chemical Co. has a value for PEG of 2.18. P/S ratio is 1.09 and the P/B ratio is 2.29. The P/Cash and P/Free cash flow is 41.69 and 16.76 respectively.

At the current price Eastman Chemical Co. is trading at, 67.69 (0.79% today), Eastman Chemical Co. has a dividend yield of 2.72%, and this is covered by a payout ratio of 29.80%. Earnings per share (EPS) is 5.94, and this is looking to grow in the next year to 8.74% after growing 14.20% this past year. EPS growth quarter over quarter is -13.60%, and -9.30% for sales growth quarter over quarter.

The number of shares outstanding is 147.8, and the number of shares float is 147.19. The senior management bring insider ownership to 0.20%, and institutional ownership is at 88.40%. The float short is 3.04%, with the short ratio at a value of 3.4. Management has seen a return on assets of 5.70%, and also a return on investment of 10.10%.

The ability for Eastman Chemical Co., to deal with debt, means it current ratio is 1.3, and quick ratio is 0.7. Long term debt/equity is 1.39 and total debt/equity is 1.56. In terms of margins, Eastman Chemical Co. has a gross margin of 26.50%, with its operating margin at 14.90%, and Eastman Chemical Co. has a profit margin of 9.60%.

The 52 week high is -12.93%, with 23.26% being its 52 week low. The 20 day simple moving average is 2.87% and the 200 day simple moving average is -0.28%.

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.


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Peter Clarke

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