Eastman Kodak Co Stock Today

KODK Stock  USD 4.81  0.18  3.61%   

Performance

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Odds Of Distress

Less than 2

 
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Eastman Kodak is selling for 4.81 as of the 19th of March 2024. This is a -3.61 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 4.48. Eastman Kodak has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Eastman Kodak Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
23rd of September 2013
Category
Industrials
Classification
Information Technology
Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York. The company has 79.55 M outstanding shares of which 4.27 M shares are now shorted by private and institutional investors with about 3.07 trading days to cover. More on Eastman Kodak Co

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Eastman Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eastman Kodak's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastman Kodak or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorJeffrey Clarke
Thematic Ideas
(View all Themes)
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NYSE Composite, Sport Products, Consumer Goods, Information Technology, Technology Hardware, Storage & Peripherals, Specialty Business Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Eastman Kodak report their recommendations after researching Eastman Kodak's financial statements, talking to executives and customers, or listening in on Eastman Kodak's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eastman Kodak. The Eastman consensus assessment is calculated by taking the average forecast from all of the analysts covering Eastman Kodak.
Financial Strength
Based on the analysis of Eastman Kodak's profitability, liquidity, and operating efficiency, Eastman Kodak Co is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Eastman Kodak is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.450.4743
Notably Down
Slightly volatile
Gross Profit Margin0.360.188
Way Up
Very volatile
Total Current Liabilities268.9 M283 M
Notably Down
Slightly volatile
Non Current Liabilities Total884.5 M931 M
Notably Down
Slightly volatile
Total Assets2.2 B2.4 B
Notably Down
Slightly volatile
Total Current Assets676.4 M712 M
Notably Down
Slightly volatile
Eastman Kodak's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eastman Kodak's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eastman Kodak's financial leverage. It provides some insight into what part of Eastman Kodak's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Eastman Kodak's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Eastman Kodak deploys its capital and how much of that capital is borrowed.
Liquidity
Eastman Kodak cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 495 M in liabilities with Debt to Equity (D/E) ratio of 0.33, which is about average as compared to similar companies. Eastman Kodak has a current ratio of 2.43, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Eastman Kodak until it has trouble settling it off, either with new capital or with free cash flow. So, Eastman Kodak's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eastman Kodak sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eastman to invest in growth at high rates of return. When we think about Eastman Kodak's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

36.1 Million
Eastman Kodak Co (KODK) is traded on New York Stock Exchange in USA. It is located in 343 State Street, Rochester, NY, United States, 14650 and employs 4,000 people. Eastman Kodak is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 382.65 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastman Kodak's market, we take the total number of its shares issued and multiply it by Eastman Kodak's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eastman Kodak conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 79.55 M outstanding shares of which 4.27 M shares are now shorted by private and institutional investors with about 3.07 trading days to cover. Eastman Kodak Co currently holds about 289 M in cash with 38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.66.
Check Eastman Kodak Probability Of Bankruptcy
Ownership Allocation
Eastman Kodak retains a total of 79.55 Million outstanding shares. Eastman Kodak Co retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Eastman Ownership Details

Eastman Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Eastman Kodak jumping above the current price in 90 days from now is about 7.11%. The Eastman Kodak Co probability density function shows the probability of Eastman Kodak stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1492. This indicates Eastman Kodak Co market returns are very sensitive to returns on the market. As the market goes up or down, Eastman Kodak is expected to follow. Additionally, the company has an alpha of 0.492, implying that it can generate a 0.49 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 4.81HorizonTargetOdds Above 4.81
92.85%90 days
 4.81 
7.11%
Based on a normal probability distribution, the odds of Eastman Kodak to move above the current price in 90 days from now is about 7.11 (This Eastman Kodak Co probability density function shows the probability of Eastman Stock to fall within a particular range of prices over 90 days) .

Eastman Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Eastman Kodak that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eastman Kodak's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eastman Kodak's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
517.7 K
D. E. Shaw & Co Lp2023-09-30
473.8 K
Bridgeway Capital Management, Llc2023-12-31
432.2 K
Amvescap Plc.2023-12-31
412.7 K
Millennium Management Llc2023-12-31
400.4 K
Wells Fargo & Co2023-12-31
395.4 K
Bank Of New York Mellon Corp2023-12-31
376.5 K
Quinn Opportunity Partners Llc2023-12-31
352 K
Morgan Stanley - Brokerage Accounts2023-12-31
273.1 K
Blackrock Inc2023-12-31
4.2 M
Vanguard Group Inc2023-12-31
3.9 M
View Eastman Kodak Diagnostics

Eastman Kodak Historical Income Statement

Eastman Kodak Co Income Statement is one of the three primary financial statements used for reporting Eastman's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eastman Kodak revenue and expense. Eastman Kodak Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Eastman Kodak's Tax Provision is quite stable compared to the past year. Interest Income is expected to rise to about 16.4 M this year, although the value of Total Revenue will most likely fall to about 1.1 B. View More Fundamentals

Eastman Stock Against Markets

Picking the right benchmark for Eastman Kodak stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eastman Kodak stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eastman Kodak is critical whether you are bullish or bearish towards Eastman Kodak Co at a given time. Please also check how Eastman Kodak's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eastman Kodak without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Eastman Kodak Corporate Directors

Eastman Kodak corporate directors refer to members of an Eastman Kodak board of directors. The board of directors generally takes responsibility for the Eastman Kodak's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eastman Kodak's board members must vote for the resolution. The Eastman Kodak board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
George KarfunkelIndependent DirectorProfile
Philippe KatzIndependent DirectorProfile
Richard BradleyDirectorProfile
Jeffrey EngelbergIndependent DirectorProfile

How to buy Eastman Stock?

Before investing in Eastman Kodak, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eastman Kodak. To buy Eastman Kodak stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eastman Kodak. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Eastman Kodak stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Eastman Kodak Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Eastman Kodak Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eastman Kodak Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Eastman Stock please use our How to Invest in Eastman Kodak guide.

Already Invested in Eastman Kodak Co?

The danger of trading Eastman Kodak Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eastman Kodak is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eastman Kodak. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eastman Kodak is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eastman Kodak is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eastman Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastman Kodak Co Stock. Highlighted below are key reports to facilitate an investment decision about Eastman Kodak Co Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eastman Kodak Co. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Eastman Kodak information on this page should be used as a complementary analysis to other Eastman Kodak's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Eastman Kodak's price analysis, check to measure Eastman Kodak's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastman Kodak is operating at the current time. Most of Eastman Kodak's value examination focuses on studying past and present price action to predict the probability of Eastman Kodak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Kodak's price. Additionally, you may evaluate how the addition of Eastman Kodak to your portfolios can decrease your overall portfolio volatility.
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Is Eastman Kodak's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Kodak. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Kodak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.67
Revenue Per Share
14.068
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0447
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Kodak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.