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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 10101.35. Since its IPO date on the 12/14/1993, Eastman Chemical Co., EMN performance year to date is 1.88%. Today Eastman Chemical Co., EMN has gained -0.54%, with a current price of 67.89.

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 -0.58%. The 52-week high is -13.29%, and the 52-week low is 22.75%. The average volume for Eastman Chemical Co., EMN is 1351300.

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 11.44 and a forward P/E of 9.52. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.19. Eastman Chemical Co. also has a P/S and a P/B of 1.1 and 2.29 respectively. For P/cash, Eastman Chemical Co. has a value of 42.09, while it is 16.92 for P/free cash flow.

At the current price of 67.89, Eastman Chemical Co. has a dividend yield of 2.71%. 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.

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Mark Hines

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