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

Eastman Chemical Company, EMN is in the exchange NYSE and its industry is Chemicals – Major Diversified in the sector of Basic Materials. Based in USA, Eastman Chemical Company, EMN  has a market cap of 10814.01. Since its IPO date on the 12/14/1993, Eastman Chemical Company, EMN performance year to date is 11.37%. Today Eastman Chemical Company, EMN has gained 1.29%, with a current price of 74.64.

Ownership of the company is 0.68% for insider ownership while institutional ownership is 85.60%. The management of the company have seen the company have a payout ratio of 31.50%. Return of assets are at 5.50%, with return on investment at 10.10%.

In terms of debt levels and profit levels, Eastman Chemical Company, EMN is seeing a long-term debt/equity of 1.34. While Total debt/equity is 1.49. With a profit margin of 9.50%, this is combined with a gross margin of 26.20%, and operating margin of 14.30%. Eastman Chemical Company ability to meet debt levels, with a current ratio of 1.3, while the quick ratio is 0.6.

For the last year Eastman Chemical Company, EMN has seen a EPS growth of 14.20%. A performance for the year of 4.16%. The 52-week high is -3.99%, and the 52-week low is 35.91%. The average volume for Eastman Chemical Company, EMN is 229979.

With a target price of 80, can Eastman Chemical Company, EMN reach this target? Looking at the value indicators of Eastman Chemical Company, EMN. Eastman Chemical Company has a P/E of 12.72 and a forward P/E of 10.13. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.52. Eastman Chemical Company also has a P/S and a P/B of 1.2 and 2.44 respectively. For P/cash, Eastman Chemical Company has a value of 52.24, while it is 15.65 for P/free cash flow.

At the current price of 74.64, Eastman Chemical Company has a dividend yield of 2.50%. We see a return on equity of 20.30%.

Looking more long-term Eastman Chemical Company, is projected to get an EPS growth for the next five years of 5.06%. In the short-term an EPS growth of 7.78% 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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Stephen Butters

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