Eastman Chemical Stock Analysis

Eastman Stock Analysis Notes

About 86.0% of the company shares are held by institutions such as insurance companies. The book value of Eastman Chemical was currently reported as 46.53. The company has Price/Earnings To Growth (PEG) ratio of 1.14. Eastman Chemical recorded earning per share (EPS) of 7.49. The entity last dividend was issued on the 14th of March 2024. The firm had 2:1 split on the 4th of October 2011. Eastman Chemical Company operates as a specialty materials company in the United States and internationally. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee. Eastman Chemical operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 14000 people. To learn more about Eastman Chemical call Mark Costa at 423 229 2000 or check out https://www.eastman.com.

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Eastman Chemical Thematic Classifications

Eastman Stock Institutional Investors

Note, although Eastman Chemical's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Eastman Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 11.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastman Chemical's market, we take the total number of its shares issued and multiply it by Eastman Chemical'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 Profitablity

The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.08 %, which entails that for every 100 dollars of revenue, it generated $0.08 of operating income.

Management Efficiency

Eastman Chemical has Return on Asset of 0.0456 % which means that on every $100 spent on assets, it made $0.0456 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1665 %, implying that it generated $0.1665 on every 100 dollars invested. Eastman Chemical's management efficiency ratios could be used to measure how well Eastman Chemical manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of April 2024, Return On Capital Employed is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.05. At this time, Eastman Chemical's Intangible Assets are very stable compared to the past year. As of the 25th of April 2024, Other Assets is likely to grow to about 622.3 M, while Total Assets are likely to drop about 10.2 B.

Technical Drivers

As of the 25th of April, Eastman Chemical shows the Coefficient Of Variation of 712.14, mean deviation of 0.996, and Downside Deviation of 1.35. Eastman Chemical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Eastman Chemical, which can be compared to its peers. Please confirm Eastman Chemical variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Eastman Chemical is priced favorably, providing market reflects its regular price of 96.36 per share. Given that Eastman Chemical has jensen alpha of 0.083, we urge you to verify Eastman Chemical's prevailing market performance to make sure the company can sustain itself at a future point.

Eastman Chemical Price Movement Analysis

Eastman Chemical Insider Trading Activities

Eastman Chemical Outstanding Bonds

Eastman Chemical Predictive Daily Indicators

Eastman Chemical Corporate Filings

Eastman Chemical Forecast Models

Eastman Chemical's time-series forecasting models are one of many Eastman Chemical's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eastman Chemical's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eastman Chemical prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eastman shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Eastman Chemical. By using and applying Eastman Stock analysis, traders can create a robust methodology for identifying Eastman entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eastman analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eastman analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Eastman Chemical stock analysis indicators help investors evaluate how Eastman Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Eastman Chemical shares will generate the highest return on investment. By understating and applying Eastman Chemical stock analysis, traders can identify Eastman Chemical position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

When running Eastman Chemical's price analysis, check to measure Eastman Chemical'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 Chemical is operating at the current time. Most of Eastman Chemical's value examination focuses on studying past and present price action to predict the probability of Eastman Chemical'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 Chemical's price. Additionally, you may evaluate how the addition of Eastman Chemical to your portfolios can decrease your overall portfolio volatility.

Is Eastman Chemical'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 Chemical. 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 Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Eastman Chemical 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 Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical'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 Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical'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 Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical'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.