Stock Updates

A look at a High Market Cap Stock: Eastman Chemical Co., EMN

Eastman Chemical Co., EMN is in the exchange NYSE and its industry is Chemicals – Major Diversified in the sector of Basic Materials. Based in USA, Eastman Chemical Co., EMN  has a market cap of 10156.41. Since its IPO date on the 12/14/1993, Eastman Chemical Co., EMN performance year to date is 2.43%. Today Eastman Chemical Co., EMN has gained 0.29%, with a current price of 68.26.

Ownership of the company is 0.30% for insider ownership while institutional ownership is 88.40%. The management of the company have seen the company have a payout ratio of 29.80%. Return of assets are at 5.70%, with return on investment at 10.10%.

In terms of debt levels and profit levels, Eastman Chemical Co., EMN is seeing a long-term debt/equity of 1.39. While Total debt/equity is 1.56. With a profit margin of 9.60%, this is combined with a gross margin of 26.50%, and operating margin of 14.90%. Eastman Chemical Co. ability to meet debt levels, with a current ratio of 1.3, while the quick ratio is 0.7.

For the last year Eastman Chemical Co., EMN has seen a EPS growth of 14.20%. A performance for the year of -3.39%. The 52-week high is -12.81%, and the 52-week low is 23.42%. The average volume for Eastman Chemical Co., EMN is 1116500.

With a target price of 76.07, can Eastman Chemical Co., EMN reach this target? Looking at the value indicators of Eastman Chemical Co., EMN. Eastman Chemical Co. has a P/E of 11.5 and a forward P/E of 9.58. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.2. Eastman Chemical Co. also has a P/S and a P/B of 1.1 and 2.31 respectively. For P/cash, Eastman Chemical Co. has a value of 42.32, while it is 17.01 for P/free cash flow.

At the current price of 68.26, Eastman Chemical Co. has a dividend yield of 2.70%. We see a return on equity of 21.60%.

Looking more long-term Eastman Chemical Co., is projected to get an EPS growth for the next five years of 5.22%. In the short-term an EPS growth of 9.09% in the next year is forecasted. This is after a EPS growth of 14.20% for this year and for the last five years a 0.10% growth has been seen.

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