WallStreetZenWallStreetZen

How to Buy Eastman Chemical Co Stock

Eastman Chemical Co

Eastman Chemical Co is a 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 $79.58, up 1.08% from the previous day, and has decreased 28.07% in one year. It has underperformed other stocks in the Chemicals industry by 0.14 percentage points. Eastman Chemical Co stock is currently +13.83% from its 52-week low of $69.91, and -30.78% from its 52-week high of $114.97.

There are currently 118.8M EMN shares outstanding. The market value of EMN is $9.45B. In the past 24 hours, 582,362 EMN shares were traded.

How to Buy Eastman Chemical Co Stock

Not sure how to invest in Eastman Chemical Co stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world markets: From Tech to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by opening an account with eToro now.

Open eToro Account

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.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
  2. Input your personal info to start a new trading account.
  1. Send your info by clicking the "Create Account" button.
Get started with eToro today

Step 3: Deposit money your brokerage account

Now that you've created your account on the stocks app, you need to deposit funds:

Watch this video walkthrough if you need help depositing money into your brokerage account.

Get started with eToro today

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
$79.58
1w %
0.45%
1y %
-28.07%
5y %
-24.42%
P/E
12.4x
P/B
1.83x
P/S
0.89x
PEG
N/A
Revenue
$10.58B
Earnings
$793.00M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$9.45B
Next Earnings
Apr 26, 2023
Next Dividend
Apr 10, 2023

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 12.4x, relative to Chemicals industry P/E ratio of 27.12x
  • EMN may be undervalued based on its P/B ratio of 1.83x, relative to Chemicals industry P/B ratio of 2.08x

You can access more valuation analysis on EMN's stock here.

How do EMN Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the EMN balance sheet.
  • Total EMN debt is lower than 5 years ago, relative to shareholder equity.
  • EMN earnings of $1.16B is not enough to cover its interest payments.

Cons:

  • EMN's operating cash flow of $975.00M allows it to safely service it's debt of $5.15B.
  • EMN has a relatively high debt to equity ratio of 1.83.
  • EMN profit margin has gone down from 8.2% to 7.5% in the past year.
  • There are more long-term liabilities than short-term assets on the EMN balance sheet.

Is Eastman Chemical Co stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 14 Equities analysts who give forecasts on EMN, the consensus analyst rating on Eastman Chemical Co is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

Latest EMN Analyst Forecasts

Kevin McCarthy, a top 29% analyst from Vertical Research downgrades EMN to a hold rating and lowers their EMN price target from $94.00 to $92.00, on Jan 30, 2023.

Kieran de Brun, a bottom 42% analyst from Mizuho maintains EMN with a hold rating and lowers their EMN price target from $85.00 to $82.00, on Jan 30, 2023.

Michael Leithead, a bottom 8% analyst from Barclays maintains EMN with a hold rating and raises their EMN price target from $82.00 to $87.00, on Jan 30, 2023.

Michael Sison, a bottom 22% analyst from Wells Fargo maintains EMN with a hold rating and raises their EMN price target from $80.00 to $95.00, on Jan 30, 2023.

Ben Isaacson, a top 19% analyst from ScotiaBank downgrades EMN to a hold rating and lowers their EMN price target from $100.00 to $90.00, on Jan 30, 2023.

You can dig deeper into what analysts are forecasting on the Eastman Chemical Co stock forecast page.

EMN Momentum

SMA10
80.54
SMA20
82.26
SMA50
85.81
SMA100
85.09
SMA200
86.1
MACD
-1.68
MACD Signal
-1.63
MACD Histogram
-0.05
RSI
44.82
Stochastic %K
27.65
Stochastic %D
22.36
StochRSI %K
70.28
StochRSI %D
55.93

EMN Performance Numbers

Last year, EMN earnings were $793.00M. Over the past five year, EMN's earnings have increased by -7.65% per year. This was slower than the Chemicals industry average of 21.5%.

Last year, EMN revenue was $10.58B. Over the last 5 year, EMN's revenue has increased by 2.07% per year. This was slower than the Chemicals industry average of 6.29%.

You can research EMN's earnings and revenue performance here.

Who is buying/selling EMN?

Over the last year, executives and large shareholders at EMN have sold more shares than they have bought.

Michelle Renee Stewart, Controller CAO of EMN, was the latest EMN insider to sell. They sold $15,762.00 worth of EMN stock on Feb 28, 2023.

Dig into more about who owns EMN shares here.

Does EMN stock generate passive income?

Eastman Chemical Co pays a dividend of 3.9%, compared to the Chemicals industry's average dividend yield of 4.14%. If you owned $1,000 worth of EMN stock, you would have been paid $38.95 last year.

Eastman Chemical Co dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Eastman Chemical Co dividend yield and history here.

Get analysis from other investors

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your EMN trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, place a limit order.

Press the Open button and your broker will execute the order.

If you require additional info about investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get the latest news on your investment in EMN

Now that you own some EMN shares, you'll want to keep up with your company.

Make a watchlist to monitor your EMN stock.

EMN Feed

How to Buy Stock in Eastman Chemical Co

To summarize, here are the 6 steps to buy Eastman Chemical Co stock:

  1. Choose where to buy Eastman Chemical Co stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Eastman Chemical Co stock
  5. Place your EMN trade
  6. Get the latest news on your investment in EMN

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today

If you want to get notifications regarding your investment in Eastman Chemical Co, create a watchlist on WallStreetZen today.

NYSE: EMN
$79.58+0.85 (+1.08%)
Updated Mar 24, 2023
Open eToro Account
NYSE: EMN
$79.58+0.85 (+1.08%)
Updated Mar 24, 2023
Open eToro Account

FAQ

How much does it cost to buy one Eastman Chemical Co share?

As of Mar 24, 2023, it costs $79.58 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 0.126 shares of EMN.

Get Started with eToro Today

Is now a good time to buy Eastman Chemical Co stock?

According to 14 Wall Street analysts who monitor Eastman Chemical Co, their consensus recommendation is to buy Eastman Chemical Co stock.

What is the best way to buy Eastman Chemical Co stock?

One way to place an order for Eastman Chemical Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.