Eastman Stock Analysis


USD 84.47  2.15  2.48%   

The latest indifference towards the small price fluctuations of Eastman Chemical could raise concerns from institutional investors as the firm is trading at a share price of 84.47 on 793,090 in volume. The company directors and management did not add any value to Eastman Chemical investors in November. However, most investors can still diversify their portfolios with Eastman Chemical to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.8. The current volatility is consistent with the ongoing market swings in November 2022 as well as with Eastman Chemical unsystematic, company-specific events.
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The Eastman Chemical stock analysis report makes it easy to digest most publicly released information about Eastman Chemical and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Eastman Stock analysis module also helps to analyze the Eastman Chemical price relationship with some important fundamental indicators such as market cap and management efficiency.

Eastman Stock Analysis Notes

About 88.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastman Chemical has Price/Earnings To Growth (PEG) ratio of 2.94. The entity recorded earning per share (EPS) of 9.02. The firm last dividend was issued on the 14th of September 2022. Eastman Chemical 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.

Eastman Chemical Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Eastman Chemical's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastman Chemical or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 88.0% of the company shares are held by institutions such as insurance companies
On 7th of October 2022 Eastman Chemical paid $ 0.76 per share dividend to its current shareholders
Latest headline from news.google.com: Does Eastman Chemical Deserve A Spot On Your Watchlist - Simply Wall St

Eastman Chemical Upcoming and Recent Events

Earnings reports are used by Eastman Chemical to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eastman Chemical previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Eastman Largest EPS Surprises

Earnings surprises can significantly impact Eastman Chemical's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
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Eastman Chemical SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Eastman Chemical prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Eastman Chemical investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Eastman Chemical specific information freely available to individual and institutional investors to make a timely investment decision.
13th of September 2022
Financial Statements and Exhibits. Regulation FD Disclosure
8th of August 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
28th of July 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
11th of May 2022
Submission of Matters to a Vote of Security Holders
28th of April 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
18th of April 2022
Regulation FD Disclosure
11th of February 2022
Unclassified Corporate Event
9th of February 2022
Unclassified Corporate Event

Eastman Chemical Thematic Classifications

In addition to having Eastman Chemical stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Synthetics production and silicon
Chemicals Makers
Chemicals for crops, soil, human, and animals

Eastman Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 10.39 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 these looking for more risk prefer small-cap and mid-cap equities.

Eastman Profitablity

Eastman Chemical's profitability indicators refer to fundamental financial ratios that showcase Eastman Chemical's ability to generate income relative to its revenue or operating costs. If, let's say, Eastman Chemical is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eastman Chemical's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eastman Chemical's profitability requires more research than a typical breakdown of Eastman Chemical's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.11 %, 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 0.16 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 16.28  17.79 
Return on Average Assets 5.42  6.66 
Return on Average Equity 14.62  20.55 
Return on Invested Capital 0.10  0.1 
Return on Sales 0.12  0.12 

Management Efficiency

The entity has Return on Asset of 0.0693 % which means that on every $100 spent on asset, it made $0.0693 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.2011 %, implying that it generated $0.2011 on every 100 dollars invested. Eastman Chemical 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. Eastman Chemical Return on Investment is quite stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 17.79. Return on Average Assets is expected to rise to 6.66 this year, although the value of Return on Invested Capital will most likely fall to 0.1. Eastman Chemical Return on Average Assets are quite stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 6.66. Average Assets is expected to rise to about 16.4 B this year, although the value of Total Assets will most likely fall to about 13.9 B.
Last ReportedProjected for 2022
Book Value per Share 42.43  40.66 
Enterprise Value over EBIT 17.00  17.11 
Enterprise Value over EBITDA 11.63  11.71 
Price to Book Value 2.85  2.61 
Tangible Assets Book Value per Share 78.22  75.95 
Enterprise Value21 B20.6 B
Tangible Asset Value10.5 B10.5 B

Technical Drivers

As of the 1st of December, Eastman Chemical shows the mean deviation of 2.01, and Coefficient Of Variation of (3,069). 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 rivals. 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 84.47 per share. Given that Eastman Chemical has jensen alpha of (0.21), 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

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Eastman Chemical price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.

Eastman Chemical Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eastman Chemical insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eastman Chemical's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eastman Chemical insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Eastman Chemical Outstanding Bonds

Eastman Chemical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eastman Chemical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eastman bonds can be classified according to their maturity, which is the date when Eastman Chemical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Eastman Chemical Technical and Predictive Indicators

Eastman Chemical Forecast Models

Eastman Chemical time-series forecasting models is one of many Eastman Chemical's stock analysis techniquest aimed to predict 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.

About Eastman Stock Analysis

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.
Last ReportedProjected for 2022
Operating Margin 17.49  17.41 
EBITDA Margin 16.28  18.83 
Gross Margin 23.86  26.89 
Profit Margin 8.18  8.11 

Current Eastman Analysis - Recommendations

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.
Target PriceAdvice# of Analysts
Eastman Chemical current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Eastman analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eastman stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eastman Chemical, talking to its executives and customers, or listening to Eastman conference calls.
Eastman Analyst Advice Details

Eastman Stock Analysis Indicators

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.
Begin Period Cash Flow564000000.00
Logo U R LimglogosUSemn.png
Common Stock Shares Outstanding136500000.00
Total Stockholder Equity5788000000.00
DescriptionEastman Chemical Company operates as a specialty materials company in the United States and internationally. The companys Additives Functional Products segment offers hydrocarbon and rosin resins organic acid-based solutions
Total Cashflows From Investing Activities-29000000.00
Tax Provision215000000.00
Quarterly Earnings Growth Y O Y-0.043
Retained Earnings8557000000.00
Cash And Short Term Investments459000000.00
Retained Earnings Total Equity8557000000.00
Accounts Payable2133000000.00
Net Debt3953000000.00
50 Day M A77.7412
Total Current Liabilities2971000000.00
Currency CodeUSD
Other Operating Expenses9025000000.00
Non Current Assets Total10873000000.00
Forward Price Earnings11.0011
Common Stock Total Equity2000000.00
Non Currrent Assets Other5870000000.00
Continue to Investing Opportunities. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.
Quarterly Earnings Growth YOY
Market Capitalization
10.4 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
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 Eastman Chemical value 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.