Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Eastman Chemical Co (NYSE: EMN) closed at $91.16 up 0.09% from its previous closing price of $91.08. In other words, the price has increased by $0.09 from its previous closing price. On the day, 1.13 million shares were traded. EMN stock price reached its highest trading level at $91.67 during the session, while it also had its lowest trading level at $89.68.
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 12.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.26. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on January 14, 2025, Upgraded its rating to Buy and sets its target price to $109 from $115 previously.
On December 18, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $118 to $104.
Wells Fargo Upgraded its Equal Weight to Overweight on November 26, 2024, whereas the target price for the stock was revised from $110 to $125.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EMN now has a Market Capitalization of 10498715648 and an Enterprise Value of 14931119104. As of this moment, Eastman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.86, and their Forward P/E ratio for the next fiscal year is 9.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 1.591 whereas that against EBITDA is 7.892.
Stock Price History:
The Beta on a monthly basis for EMN is 1.39, which has changed by -0.020522177 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, EMN has reached a high of $114.50, while it has fallen to a 52-week low of $86.70. The 50-Day Moving Average of the stock is -4.47%, while the 200-Day Moving Average is calculated to be -8.54%.
Shares Statistics:
For the past three months, EMN has traded an average of 1.09M shares per day and 1044070 over the past ten days. A total of 115.12M shares are outstanding, with a floating share count of 114.32M. Insiders hold about 0.74% of the company’s shares, while institutions hold 92.49% stake in the company. Shares short for EMN as of 1740700800 were 2890796 with a Short Ratio of 2.66, compared to 1738281600 on 2961057. Therefore, it implies a Short% of Shares Outstanding of 2890796 and a Short% of Float of 2.91.
Dividends & Splits
According to the company, the forward annual dividend rate for EMN is 3.28, from 3.26 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03579271The stock’s 5-year Average Dividend Yield is 3.25. The current Payout Ratio is 42.47% for EMN, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2011-10-04 when the company split stock in a 2:1 ratio.
