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Market Cap 10.09B P/E 14.93 EPS this Y 20.80% Ern Qtrly Grth 23.10%
Income 925M Forward P/E 10.15 EPS next Y 16.90% 50D Avg Chg 1.00%
Sales 9.11B PEG 1.95 EPS past 5Y -1.76% 200D Avg Chg 2.00%
Dividend 4.00% Price/Book 1.90 EPS next 5Y 6.46% 52W High Chg -17.00%
Recommedations 2.30 Quick Ratio 0.68 Shares Outstanding 117.60M 52W Low Chg 21.00%
Insider Own 0.66% ROA 4.47% Shares Float 116.67M Beta 1.56
Inst Own 86.79% ROE 17.06% Shares Shorted/Prior 2.20M/1.25M Price 84.66
Gross Margin 22.66% Profit Margin 10.16% Avg. Volume 905,380 Target Price 106.16
Oper. Margin 12.42% Earnings Date Jul 25 Volume 894,178 Change -1.27%
About Eastman Chemical Company

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.

Eastman Chemical Company News
05/06/24 Eastman, Sealed Air Partner to Develop Certified Compostable Protein Trays as an Alternative to Polystyrene Trays
05/03/24 Making Playtime Safer
05/02/24 Eastman Board Declares Dividend
05/02/24 Eastman Announces 2024 Annual Meeting Stockholder Vote Results
05/01/24 Planning Is Everything - at Work and on the Ice
04/30/24 Eastman Chemical Company (NYSE:EMN) Q1 2024 Earnings Call Transcript
04/29/24 Eastman Cristal(TM) Renew: Creating Sustainable Lipstick Packaging
04/27/24 Eastman Chemical First Quarter 2024 Earnings: EPS Misses Expectations
04/27/24 Eastman Chemical Co (EMN) Q1 2024 Earnings Call Transcript Highlights: Strategic Insights and ...
04/27/24 Decoding Eastman Chemical Co (EMN): A Strategic SWOT Insight
04/26/24 Q1 2024 Eastman Chemical Co Earnings Call
04/26/24 We Think Shareholders Are Less Likely To Approve A Pay Rise For Eastman Chemical Company's (NYSE:EMN) CEO For Now
04/26/24 Eastman's (EMN) Q1 Earnings and Sales Surpass Estimates
04/25/24 Eastman Chemical (EMN) Reports Q1 Earnings: What Key Metrics Have to Say
04/25/24 Eastman Chemical beats estimates as destocking trends abate, affirms FY profit outlook
04/25/24 Eastman Chemical Co (EMN) Q1 2024 Earnings: Navigating Market Challenges with Strategic Innovations
04/25/24 Eastman Announces First-Quarter 2024 Financial Results
04/25/24 4 Diversified Chemical Stocks to Gain From Demand Rebound
04/24/24 Eastman Chemical (EMN) Could Be a Great Choice
04/24/24 Medical Component Made With Tritan(TM) Prevents Drug Mixing
EMN Chatroom

User Image erevnon Posted - 13 hours ago

Barclays maintains Eastman Chemical $EMN at Equal-Weight and raises the price target from $85 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Stock_Titan Posted - 17 hours ago

$EMN Eastman, Sealed Air Partner to Develop Certified Compostable Protein Trays as an Alternative to Polystyrene Trays https://www.stocktitan.net/news/EMN/eastman-sealed-air-partner-to-develop-certified-compostable-protein-hdr1r5ez8w50.html

User Image Stock_Titan Posted - 5 days ago

$EMN Planning Is Everything - at Work and on the Ice https://www.stocktitan.net/news/EMN/planning-is-everything-at-work-and-on-the-nwv4javujkn5.html

User Image erevnon Posted - 04/30/24

RBC Capital maintains Eastman Chemical $EMN at Sector Perform and raises the price target from $100 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image erevnon Posted - 04/30/24

Piper Sandler maintains Eastman Chemical $EMN at Neutral and raises the price target from $90 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image IN0V8 Posted - 04/29/24

$EMN Jefferies raises target price to $125 from $102 Jefferies raises to buy from hold JP Morgan raises target price to $108 from $105

User Image erevnon Posted - 04/29/24

Jefferies upgrades Eastman Chemical $EMN from Hold to Buy and raises the price target from $102 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Stock_Titan Posted - 04/29/24

$EMN Eastman Cristal(TM) Renew: Creating Sustainable Lipstick Packaging https://www.stocktitan.net/news/EMN/eastman-cristal-tm-renew-creating-sustainable-lipstick-i7far0iqqv8b.html

User Image erevnon Posted - 04/29/24

B of A Securities maintains Eastman Chemical $EMN at Buy and lowers the price target from $113 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image DonCorleone77 Posted - 04/25/24

$EMN Eastman Chemical backs FY24 EPS view of $7.25-$8.00, consensus $7.66 Commenting on the outlook for full-year 2024, CEO Mark Costa said: "We delivered strong first-quarter results that were above our expectations, reflecting both better than expected sales volume/mix and continued pricing discipline. We are encouraged to see continued evidence that customer inventory destocking is behind us across most of our key end markets. Looking forward to the remainder of the year, primary demand in key markets and geographies remains uncertain. However, we continue to benefit from our innovation-driven growth model that enables growth above our end markets. We also expect to benefit from revenue and earnings generated by our Kingsport methanolysis facility, mostly in the second half of the year. We expect continued pricing discipline and improving asset utilization throughout the year. Taking these drivers together, we continue to expect 2024 EPS to be between $7.25 and $8.00 and for 2024 cash from operations to be approximately $1.4 billion."

User Image DonCorleone77 Posted - 04/25/24

$EMN Eastman Chemical reports Q1 EPS $1.61, consensus $1.43 Reports Q1 revenue $2.31B, consensus $2.29B. "We delivered strong sequential earnings growth in the first quarter, above the high-end of our initial expectations," said Mark Costa, CEO. "In the first quarter, we were encouraged to see continued evidence that inventory destocking is complete across most of our key end markets including consumer durables, building and construction, and personal care. Sales volume/mix improved 4 percent sequentially as demand for our products appears to be reconnecting to primary end-market demand. We are also incredibly proud to have achieved on spec production and revenue generation at our Kingsport methanolysis facility. Achieving this milestone is a direct result of years of commitment and dedication from hundreds of Eastman employees and the support of their families. For their dedication, I am extraordinarily grateful. We have started 2024 with strong momentum. Demand in our base business is recovering, and we have solidified our position as a world leader in the circular economy. I am confident in our ability to deliver earnings growth and strong cash flow going forward."

User Image epsguid Posted - 04/25/24

$EMN reported earnings of $1.61, consensus was $1.41, Earnings Whisper was $1.43 via @eWhispers #whisperbeat http://eps.sh/d/emn

User Image Stock_Titan Posted - 04/25/24

$EMN Eastman Announces First-Quarter 2024 Financial Results https://www.stocktitan.net/news/EMN/eastman-announces-first-quarter-2024-financial-ck116387j3rq.html

User Image Stock_Titan Posted - 04/24/24

$EMN Medical Component Made With Tritan(TM) Prevents Drug Mixing https://www.stocktitan.net/news/EMN/medical-component-made-with-tritan-tm-prevents-drug-y53ilc2ugenv.html

User Image erevnon Posted - 04/19/24

RBC Capital maintains Eastman Chemical $EMN at Sector Perform and raises the price target from $89 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Stock_Titan Posted - 04/18/24

$EMN College Program Helps Alabama Students Find Meaning in Manufacturing https://www.stocktitan.net/news/EMN/college-program-helps-alabama-students-find-meaning-in-owcz0qy1fkhe.html

User Image Stock_Titan Posted - 04/17/24

$EMN Authenticity and Partnerships Are Key to Sustainable Messaging https://www.stocktitan.net/news/EMN/authenticity-and-partnerships-are-key-to-sustainable-mzg0hhube6yq.html

User Image Stock_Titan Posted - 04/15/24

$EMN Eastman and Reformation Team Up To Launch New Sustainable Bridal Styles https://www.stocktitan.net/news/EMN/eastman-and-reformation-team-up-to-launch-new-sustainable-bridal-te4pyzn2v9wy.html

User Image erevnon Posted - 04/11/24

Wells Fargo analyst Michael Sison maintains Eastman Chemical $EMN with a Equal-Weight and raises the price target from $89 to $100 https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Stock_Titan Posted - 04/11/24

$EMN Eastman’s ‘Project Balanced’ Digital Innovation Wins CIO 100 Award https://www.stocktitan.net/news/EMN/eastman-s-project-balanced-digital-innovation-wins-cio-100-9exhm3o0ojoy.html

User Image erevnon Posted - 04/10/24

Citigroup maintains Eastman Chemical $EMN at Buy and raises the price target from $95 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Stock_Titan Posted - 04/09/24

$EMN Kingsport Pollinator Gardens Receive Keep America Beautiful Innovation Award https://www.stocktitan.net/news/EMN/kingsport-pollinator-gardens-receive-keep-america-beautiful-9n19lac6auxe.html

User Image erevnon Posted - 04/09/24

Keybanc maintains Eastman Chemical $EMN at Overweight and raises the price target from $101 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image thayford Posted - 1 month ago

@3rdratesherlock @NumberWang @RaymondR3ddington interesting, what’s the ticker? Chemicals: $EMN is a good buy whenever it gets into the 70-80s $LIN I am long in LT acct and purchase more periodically

User Image Stock_Titan Posted - 1 month ago

$EMN Eastman Schedules First-Quarter 2024 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information https://www.stocktitan.net/news/EMN/eastman-schedules-first-quarter-2024-financial-results-news-release-8xq4vw1bxfgg.html

User Image Stock_Titan Posted - 1 month ago

$EMN Naia(TM) Prepares First Production of GRS-Certified Yarn https://www.stocktitan.net/news/EMN/naia-tm-prepares-first-production-of-grs-certified-prkqfen3ijm5.html

User Image Stock_Titan Posted - 1 month ago

$EMN Eastman Naia(TM) Showcased at Première Vision Paris https://www.stocktitan.net/news/EMN/eastman-naia-tm-showcased-at-premiere-vision-zg4qm4ozukw3.html

User Image Stock_Titan Posted - 03/28/24

$EMN Eastman Molecular Recycling Facility Achieves On-Spec Initial Production and Is Generating Revenue https://www.stocktitan.net/news/EMN/eastman-molecular-recycling-facility-achieves-on-spec-initial-5ky067r4pmfl.html

User Image Stock_Titan Posted - 03/27/24

$EMN Eastman Selected by U.S. Department of Energy To Receive up to $375 Million Investment for Its Second U.S. Molecular Recycling Project https://www.stocktitan.net/news/EMN/eastman-selected-by-u-s-department-of-energy-to-receive-up-to-375-t6mvm3jje0iv.html

User Image Stock_Titan Posted - 03/26/24

$EMN Material Circularity: Principle No. 2 for Building a Circular Economy https://www.stocktitan.net/news/EMN/material-circularity-principle-no-2-for-building-a-circular-3lm81nc97fup.html

Analyst Ratings
Barclays Equal-Weight May 6, 24
RBC Capital Sector Perform Apr 30, 24
Piper Sandler Neutral Apr 30, 24
Jefferies Buy Apr 29, 24
B of A Securities Buy Apr 29, 24
Mizuho Neutral Apr 26, 24
RBC Capital Sector Perform Apr 19, 24
Wells Fargo Equal-Weight Apr 11, 24
Citigroup Buy Apr 10, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Holt Adrian James SVP, Chf HR Ofcr SVP, Chf HR Ofcr Aug 01 Sell 85.64 1,935 165,713 08/03/23
Holt Adrian James SVP, Chf HR Ofcr SVP, Chf HR Ofcr Aug 01 Option 61.51 1,935 119,022 1,935 08/03/23
COX MARK K SVP, Chf Mfg & Eng O.. SVP, Chf Mfg & Eng Ofc Feb 25 Sell 120.79 4,858 586,798 3,509 03/01/22
LICH BRAD A EVP & CCO EVP & CCO Aug 30 Sell 114.33 29,889 3,417,209 17,940 08/30/21
King Scott V. CAO & Controller CAO & Controller Nov 25 Option 83.84 12,001 1,006,164 19,635 11/25/20
King Scott V. CAO & Controller CAO & Controller Nov 25 Sell 102.79 18,000 1,850,220 11,560 11/25/20