Eastman Chemical Stock Today
| EMN Stock | USD 104.72 0.49 0.47% |
Performance5 of 100
| Odds Of DistressLess than 6
|
Eastman Chemical is selling at 104.72 as of the 30th of November 2024; that is 0.47% up since the beginning of the trading day. The stock's open price was 104.23. Eastman Chemical has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Eastman Chemical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 10th of October 1993 | Category Basic Materials |
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. The company has 115.91 M outstanding shares of which 2.06 M shares are currently shorted by investors with about 2.1 days to cover. More on Eastman Chemical
Moving together with Eastman Stock
| 0.85 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Eastman Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Eastman Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Mark Costa | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Chemicals, Specialty Chemicals, Basic Materials, NYSE Composite, SP 500 Index, Synthetics, Chemicals Makers, Manufacturing, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Animal Testing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsEastman Chemical can leverage 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 Chemical's financial leverage. It provides some insight into what part of Eastman Chemical's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Eastman Chemical (EMN) is traded on New York Stock Exchange in USA. It is located in 200 South Wilcox Drive, Kingsport, TN, United States, 37662 and employs 14,000 people. Eastman Chemical is listed under Diversified Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 12.14 B. Eastman Chemical runs under Chemicals sector within Materials industry. The entity has 115.91 M outstanding shares of which 2.06 M shares are currently shorted by investors with about 2.1 days to cover.
Eastman Chemical has about 493 M in cash with 1.37 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.84.
Check Eastman Chemical Probability Of Bankruptcy
Ownership AllocationEastman Chemical holds a total of 115.91 Million outstanding shares. The majority of Eastman Chemical outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Eastman Chemical to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Eastman Chemical. Please pay attention to any change in the institutional holdings of Eastman Chemical as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Eastman Ownership Details
Eastman Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2024-06-30 | 2.2 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.7 M | |
| Norges Bank | 2024-06-30 | 1.5 M | |
| Lsv Asset Management | 2024-09-30 | 1.4 M | |
| Northern Trust Corp | 2024-09-30 | 1.2 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 1.2 M | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 1.1 M | |
| Legal & General Group Plc | 2024-06-30 | 1.1 M | |
| Bb&t Corp. | 2024-09-30 | 1.1 M | |
| Vanguard Group Inc | 2024-09-30 | 14.8 M | |
| Blackrock Inc | 2024-06-30 | 8.4 M |
Eastman Chemical Historical Income Statement
Eastman Stock Against Markets
Eastman Chemical Corporate Directors
| Charles Stevens | Independent Director | Profile | |
| Kim Mink | Independent Director | Profile | |
| Brett Begemann | Independent Director | Profile | |
| Edward Doheny | Independent Director | Profile |
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 closely tied 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Diversified Chemicals space 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.
Quarterly Earnings Growth 0.027 | Dividend Share 3.24 | Earnings Share 7.46 | Revenue Per Share 79.642 | Quarterly Revenue Growth 0.087 |
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.