Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Eastman Chemical Co (NYSE: EMN) closed at $78.34 down -3.08% from its previous closing price of $80.83. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 2.53 million shares were traded.
Ratios:
For a deeper understanding of Eastman Chemical Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.81.
On April 09, 2025, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform but kept the price unchanged to $91. Citigroup Upgraded its Neutral to Buy on April 04, 2025, while the target price for the stock was maintained at $101.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 03 ’25 when Caveness Michelle H sold 1,147 shares for $98.51 per share. The transaction valued at 112,991 led to the insider holds 1,167 shares of the business.
Caveness Michelle H bought 1,147 shares of EMN for $112,991 on Mar 03 ’25. On Feb 26 ’25, another insider, Costa Mark J, who serves as the CEO & Board Chair of the company, sold 4,834 shares for $100.08 each. As a result, the insider received 483,787 and left with 446,586 shares of the company.
Valuation Measures:
As of this moment, Eastman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.98, and their Forward P/E ratio for the next fiscal year is 9.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 1.54.
Stock Price History:
Over the past 52 weeks, EMN has reached a high of $114.50, while it has fallen to a 52-week low of $70.90. The 50-Day Moving Average of the stock is -1.95%, while the 200-Day Moving Average is calculated to be -17.36%.
Shares Statistics:
A total of 115.41M shares are outstanding, with a floating share count of 114.60M. Insiders hold about 0.74% of the company’s shares, while institutions hold 92.64% stake in the company.
