Is Eastman Kodak Stock a Good Investment?
Eastman Kodak Investment Advice | KODK |
- Examine Eastman Kodak's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Eastman Kodak's leadership team and their track record. Good management can help Eastman Kodak navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Eastman Kodak's business and its evolving consumer preferences.
- Compare Eastman Kodak's performance and market position to its competitors. Analyze how Eastman Kodak is positioned in terms of product offerings, innovation, and market share.
- Check if Eastman Kodak pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Eastman Kodak's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Eastman Kodak Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eastman Kodak Co is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Eastman Kodak Stock
Researching Eastman Kodak's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 22.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Eastman Kodak has Price/Earnings (P/E) ratio of 232.67. The entity had not issued any dividends in recent years.
To determine if Eastman Kodak is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eastman Kodak's research are outlined below:
| Eastman Kodak is way too risky over 90 days horizon | |
| Eastman Kodak appears to be risky and price may revert if volatility continues | |
| Eastman Kodak is unlikely to experience financial distress in the next 2 years | |
| About 22.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from benzinga.com: Compelling Coarse Ore Flotation Results Indicate Throughput Upside for Kharmagtai |
Eastman Kodak Quarterly Liabilities And Stockholders Equity |
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Eastman Kodak uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Eastman Kodak Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eastman Kodak's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Eastman Kodak's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Eastman Kodak is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastman Kodak Co backward and forwards among themselves. Eastman Kodak's institutional investor refers to the entity that pools money to purchase Eastman Kodak's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2023-12-31 | 517.7 K | D. E. Shaw & Co Lp | 2023-09-30 | 473.8 K | Bridgeway Capital Management, Llc | 2023-12-31 | 432.2 K | Amvescap Plc. | 2023-12-31 | 412.7 K | Millennium Management Llc | 2023-12-31 | 400.4 K | Wells Fargo & Co | 2023-12-31 | 395.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 376.5 K | Quinn Opportunity Partners Llc | 2023-12-31 | 352 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 273.1 K | Blackrock Inc | 2023-12-31 | 4.2 M | Vanguard Group Inc | 2023-12-31 | 3.9 M |
Eastman Kodak's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 361.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastman Kodak's market, we take the total number of its shares issued and multiply it by Eastman Kodak's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Eastman Kodak's profitablity analysis
Eastman Kodak's profitability indicators refer to fundamental financial ratios that showcase Eastman Kodak's ability to generate income relative to its revenue or operating costs. If, let's say, Eastman Kodak is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eastman Kodak's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eastman Kodak's profitability requires more research than a typical breakdown of Eastman Kodak's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.07 | 0.07 |
Determining Eastman Kodak's profitability involves analyzing its financial statements and using various financial metrics to determine if Eastman Kodak is a good buy. For example, gross profit margin measures Eastman Kodak's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eastman Kodak's profitability and make more informed investment decisions.
The data published in Eastman Kodak's official financial statements usually reflect Eastman Kodak's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eastman Kodak. For example, before you start analyzing numbers published by Eastman accountants, it's critical to develop an understanding of what Eastman Kodak's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, the presentation of Eastman Kodak's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastman Kodak's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eastman Kodak's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eastman Kodak Co. Please utilize our Beneish M Score to check the likelihood of Eastman Kodak's management manipulating its earnings.
Evaluate Eastman Kodak's management efficiency
Eastman Kodak has return on total asset (ROA) of 0.0447 % which means that it generated a profit of $0.0447 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0629 %, meaning that it created $0.0629 on every $100 dollars invested by stockholders. Eastman Kodak's management efficiency ratios could be used to measure how well Eastman Kodak manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Eastman Kodak's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.03 this year, although the value of Return On Capital Employed will most likely fall to 0.01. The value of Total Current Liabilities is estimated to slide to about 268.9 M. The value of Liabilities And Stockholders Equity is expected to slide to about 2.2 B| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.37 | 10.49 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 13.92 | 14.61 | |
| Enterprise Value Over EBITDA | 11.69 | 12.27 | |
| Price Book Value Ratio | 0.27 | 0.26 | |
| Enterprise Value Multiple | 11.69 | 12.27 | |
| Price Fair Value | 0.27 | 0.26 | |
| Enterprise Value | 403.9 M | 383.7 M |
The analysis of Eastman Kodak's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Eastman Kodak's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Eastman Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 3.555 |
Basic technical analysis of Eastman Stock
As of the 29th of April, Eastman Kodak shows the Downside Deviation of 4.15, mean deviation of 3.2, and Coefficient Of Variation of 1205.91. Eastman Kodak technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Eastman Kodak Co, which can be compared to its peers. Please confirm Eastman Kodak information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Eastman Kodak is priced favorably, providing market reflects its regular price of 4.52 per share. Given that Eastman Kodak has jensen alpha of 0.3876, we urge you to verify Eastman Kodak Co's prevailing market performance to make sure the company can sustain itself at a future point.Eastman Kodak's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eastman Kodak insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eastman Kodak's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eastman Kodak insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
James Continenza over two months ago Disposition of 100000 shares by James Continenza of Eastman Kodak subject to Rule 16b-3 |
Understand Eastman Kodak's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Eastman Kodak's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0609 | |||
| Market Risk Adjusted Performance | 0.2362 | |||
| Mean Deviation | 3.2 | |||
| Semi Deviation | 3.7 | |||
| Downside Deviation | 4.15 | |||
| Coefficient Of Variation | 1205.91 | |||
| Standard Deviation | 7.31 | |||
| Variance | 53.49 | |||
| Information Ratio | 0.0707 | |||
| Jensen Alpha | 0.3876 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.1246 | |||
| Treynor Ratio | 0.2262 | |||
| Maximum Drawdown | 68.24 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 5.03 | |||
| Downside Variance | 17.24 | |||
| Semi Variance | 13.67 | |||
| Expected Short fall | (3.78) | |||
| Skewness | 5.47 | |||
| Kurtosis | 40.34 |
| Risk Adjusted Performance | 0.0609 | |||
| Market Risk Adjusted Performance | 0.2362 | |||
| Mean Deviation | 3.2 | |||
| Semi Deviation | 3.7 | |||
| Downside Deviation | 4.15 | |||
| Coefficient Of Variation | 1205.91 | |||
| Standard Deviation | 7.31 | |||
| Variance | 53.49 | |||
| Information Ratio | 0.0707 | |||
| Jensen Alpha | 0.3876 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.1246 | |||
| Treynor Ratio | 0.2262 | |||
| Maximum Drawdown | 68.24 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 5.03 | |||
| Downside Variance | 17.24 | |||
| Semi Variance | 13.67 | |||
| Expected Short fall | (3.78) | |||
| Skewness | 5.47 | |||
| Kurtosis | 40.34 |
Consider Eastman Kodak's intraday indicators
Eastman Kodak intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eastman Kodak stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Eastman Kodak Corporate Filings
| 5th of April 2024 Other Reports | ViewVerify | |
F4 | 2nd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 15th of March 2024 An amendment to a previously filed Form 10-K | ViewVerify |
10K | 14th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Eastman Stock media impact
Far too much social signal, news, headlines, and media speculation about Eastman Kodak that are available to investors today. That information is available publicly through Eastman media outlets and privately through word of mouth or via Eastman internal channels. However, regardless of the origin, that massive amount of Eastman data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Eastman Kodak news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Eastman Kodak relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Eastman Kodak's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Eastman Kodak alpha.
Eastman Kodak Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Eastman Kodak can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eastman Kodak without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Eastman Kodak Corporate Directors
Eastman Kodak corporate directors refer to members of an Eastman Kodak board of directors. The board of directors generally takes responsibility for the Eastman Kodak's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eastman Kodak's board members must vote for the resolution. The Eastman Kodak board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| George Karfunkel | Independent Director | Profile | |
| Philippe Katz | Independent Director | Profile | |
| Richard Bradley | Director | Profile | |
| Jeffrey Engelberg | Independent Director | Profile |
How to buy Eastman Stock?
To provide specific investment advice or recommendations on Eastman Kodak Co stock, we recommend investors consider the following general factors when evaluating Eastman Kodak Co. This will help you to make an informed decision on whether to include Eastman Kodak in one of your diversified portfolios:- Examine Eastman Kodak's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Eastman Kodak's leadership team and their track record. Good management can help Eastman Kodak navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Eastman Kodak's business and its evolving consumer preferences.
- Compare Eastman Kodak's performance and market position to its competitors. Analyze how Eastman Kodak is positioned in terms of product offerings, innovation, and market share.
- Check if Eastman Kodak pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Eastman Kodak's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Eastman Kodak Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eastman Kodak Co is a good investment.
Already Invested in Eastman Kodak Co?
The danger of trading Eastman Kodak Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eastman Kodak is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eastman Kodak. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eastman Kodak is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eastman Kodak is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eastman Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastman Kodak Co Stock. Highlighted below are key reports to facilitate an investment decision about Eastman Kodak Co Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eastman Kodak Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Eastman Kodak information on this page should be used as a complementary analysis to other Eastman Kodak's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Eastman Stock analysis
When running Eastman Kodak's price analysis, check to measure Eastman Kodak's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastman Kodak is operating at the current time. Most of Eastman Kodak's value examination focuses on studying past and present price action to predict the probability of Eastman Kodak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Kodak's price. Additionally, you may evaluate how the addition of Eastman Kodak to your portfolios can decrease your overall portfolio volatility.
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Is Eastman Kodak's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Kodak. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Kodak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.67 | Revenue Per Share 14.068 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0447 |
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Eastman Kodak's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.