Eastman Chemical Co is a specialty chemical company located in Tennessee, United States, which is part of the Basic Materials sector, and is traded under the ticker EMN on the NYSE exchange.
Eastman Chemical Co stock last closed at $96.13, down 0.24% from the previous day, and has increased 20.37% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.1 percentage points. Eastman Chemical Co stock is currently +39.54% from its 52-week low of $68.89, and -6.41% from its 52-week high of $102.71.
There are currently 117.34M EMN shares outstanding. The market value of EMN is $11.28B. In the past 24 hours, 1.63M EMN shares were traded.
How to Buy Eastman Chemical Co Stock
Not sure how to invest in Eastman Chemical Co stock? Here's how.
Choose where to buy Eastman Chemical Co stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Eastman Chemical Co stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit money your brokerage account: Choose your payment method and add your details.
Analyze Eastman Chemical Co stock: The Eastman Chemical Co ticker symbol is EMN. Is Eastman Chemical Co stock a good investment? Should you buy shares of EMN? How do EMN's underlying business fundamentals look? Do top analysts think Eastman Chemical Co is a good buy? Why has EMN's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if EMN is a good stock to buy).
Place your EMN trade: Decide if you will purchase EMN shares at the current market price or use a limit order to purchase EMN shares at a particular price.
Get the latest news on your investment in EMN: Create a watchlist to watch your new investment in Eastman Chemical Co stock.
Step 1: Choose where to buy Eastman Chemical Co stock
You will need a brokerage account to access the NYSE market and buy EMN stock.
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Step 2: Create your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to invest in EMN stock today.
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Step 4: Analyze Eastman Chemical Co stock
Once you have chosen the best place to buy Eastman Chemical Co stock, it's absolutely critical to research their stock prior to investing, so you truly comprehend the risk and upside.
Eastman Chemical Co Metrics
EMN Price
$96.13
1w %
0.11%
1y %
20.37%
5y %
19.11%
P/E
12.75x
P/B
2.07x
P/S
1.22x
PEG
0.56x
Revenue
$9.21B
Earnings
$894.00M
Fore. Rev. Growth
3.84%
Fore. Earn. Growth
25.1%
Market Cap
$11.28B
Next Earnings
Apr 26, 2024
Next Dividend
N/A
EMN Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on EMN's stock page.
How is EMN stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge EMN's fair value.
Using relative valuations measures:
EMN could be undervalued based on its P/E ratio of 12.75x, relative to Specialty Chemicals industry P/E ratio of 30.16x
EMN may be undervalued based on its P/B ratio of 2.07x, relative to Specialty Chemicals industry P/B ratio of 3.34x
EMN could be undervalued based on its PEG ratio of 0.56x
Total EMN debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the EMN balance sheet.
EMN earnings of $1.30B is not enough to cover its interest payments.
EMN's operating cash flow of $1.37B allows it to safely service it's debt of $4.85B.
EMN profit margin has gone up from 7.5% to 9.7% in the past year.
Cons:
EMN has a relatively high debt to equity ratio of 1.67.
There are more long-term liabilities than short-term assets on the EMN balance sheet.
Is EMN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Equities analysts who give forecasts on EMN, the consensus analyst rating on Eastman Chemical Co is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest EMN Analyst Forecasts
Vincent Anderson, a top 11% analyst from Stifel Nicolaus maintains EMN with a strong buy rating and lowers their EMN price target from $102.00 to $101.00, on Feb 5, 2024.
Joshua Spector, a bottom 15% analyst from UBS maintains EMN with a hold rating and raises their EMN price target from $91.00 to $93.00, on Feb 2, 2024.
Duffy Fischer, a top 29% analyst from Goldman Sachs maintains EMN with a hold rating and raises their EMN price target from $82.00 to $92.00, on Dec 14, 2023.
Frank Mitsch, a top 36% analyst from Fermium Research maintains EMN with a hold rating and lowers their EMN price target from $82.00 to $78.00, on Oct 30, 2023.
Jeffrey Zekauskas, a top 7% analyst from JP Morgan upgrades EMN to a strong buy rating and announces their EMN price target of $90.00, on Oct 30, 2023.
Last year, EMN earnings were $894.00M. In the last five year, EMN's earnings have gone up by -0.29% per year. This was slower than the Specialty Chemicals industry average of 6.78%.
Last year, EMN revenue was $9.21B. During the past five year, EMN's revenue has increased by -1.93% per year. This was slower than the Specialty Chemicals industry average of 9.44%.
Eastman Chemical Co pays a dividend of 3.33%, compared to the Specialty Chemicals industry's average dividend yield of 3.5%. If you owned $1,000 worth of EMN stock, you would have received $33.29 in the past year.
Eastman Chemical Co dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Place your EMN trade
There are two primary options:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually sufficient.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Press the Open Trade button and your broker will place the order.
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How much does it cost to buy one Eastman Chemical Co share?
As of Apr 25, 2024, it costs $96.13 to buy one share of Eastman Chemical Co stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.104 shares of EMN.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.