Eastman Chemical Stock Performance
| EMN Stock | USD 95.56 0.57 0.59% |
On a scale of 0 to 100, Eastman Chemical holds a performance score of 13. The firm shows a Beta (market volatility) of 1.08, which means a somewhat significant risk relative to the market. Eastman Chemical returns are very sensitive to returns on the market. As the market goes up or down, Eastman Chemical is expected to follow. Please check Eastman Chemical's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Eastman Chemical's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Eastman Chemical are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating primary indicators, Eastman Chemical displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.59) | Five Day Return (1.03) | Year To Date Return 6.91 | Ten Year Return 12.64 | All Time Return 322.27 |
Forward Dividend Yield 0.0339 | Payout Ratio 0.3995 | Last Split Factor 2:1 | Forward Dividend Rate 3.24 | Dividend Date 2024-04-05 |
1 | Disposition of 4084 shares by Adrian Holt of Eastman Chemical at 83.84 subject to Rule 16b-3 | 02/23/2024 |
2 | Disposition of 4869 shares by Adrian Holt of Eastman Chemical subject to Rule 16b-3 | 03/08/2024 |
3 | Disposition of 1935 shares by Adrian Holt of Eastman Chemical at 61.51 subject to Rule 16b-3 | 03/18/2024 |
4 | Naia Prepares First Production of GRS-Certified Yarn | 04/04/2024 |
| Eastman Chemical dividend paid on 5th of April 2024 | 04/05/2024 |
5 | R-Rated TMNT Movie Based On The Last Ronin In The Works | 04/11/2024 |
6 | Are Investors Undervaluing Eastman Chemical Right Now | 04/16/2024 |
7 | Global Decorative Films and Foils Market Outlook Forecast 2024-2029 A Fragmented Market Featuring Prominent Vendors - Eastman, 3M Company, and LINTEC - Research... | 04/17/2024 |
8 | Earnings Preview Eastman Chemical Q1 Earnings Expected to Decline | 04/18/2024 |
9 | AeroPress, Inc. Expands Line of Iconic Coffee Makers with AeroPress Clear Colors Collection | 04/23/2024 |
10 | Eastman Chemical Q1 2024 Earnings Preview | 04/24/2024 |
11 | Eastman Chemical Reports Q1 Earnings What Key Metrics Have to Say | 04/25/2024 |
12 | EMN Stock Earnings Eastman Chemical Beats EPS, Beats Revenue for Q1 2024 | 04/26/2024 |
| Begin Period Cash Flow | 493 M |
Eastman |
Eastman Chemical Relative Risk vs. Return Landscape
If you would invest 8,330 in Eastman Chemical on January 29, 2024 and sell it today you would earn a total of 1,226 from holding Eastman Chemical or generate 14.72% return on investment over 90 days. Eastman Chemical is generating 0.2227% of daily returns assuming volatility of 1.2753% on return distribution over 90 days investment horizon. In other words, 11% of stocks are less volatile than Eastman, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Eastman Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastman Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eastman Chemical, and traders can use it to determine the average amount a Eastman Chemical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1746
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Eastman Chemical is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eastman Chemical by adding it to a well-diversified portfolio.
Eastman Chemical Fundamentals Growth
Eastman Stock prices reflect investors' perceptions of the future prospects and financial health of Eastman Chemical, and Eastman Chemical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eastman Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 15.9 B | ||||
| Shares Outstanding | 117.6 M | ||||
| Price To Earning | 9.60 X | ||||
| Price To Book | 2.11 X | ||||
| Price To Sales | 1.25 X | ||||
| Revenue | 9.2 B | ||||
| Gross Profit | 2.18 B | ||||
| EBITDA | 1.59 B | ||||
| Net Income | 894 M | ||||
| Cash And Equivalents | 493 M | ||||
| Cash Per Share | 3.84 X | ||||
| Total Debt | 4.97 B | ||||
| Debt To Equity | 0.96 % | ||||
| Current Ratio | 1.28 X | ||||
| Book Value Per Share | 46.53 X | ||||
| Cash Flow From Operations | 1.37 B | ||||
| Earnings Per Share | 7.49 X | ||||
| Market Capitalization | 11.24 B | ||||
| Total Asset | 14.63 B | ||||
| Retained Earnings | 9.49 B | ||||
| Working Capital | 905 M | ||||
| Current Asset | 2.88 B | ||||
| Current Liabilities | 2.06 B | ||||
About Eastman Chemical Performance
To evaluate Eastman Chemical Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Eastman Chemical generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Eastman Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Eastman Chemical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Eastman's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 86.08 | 47.42 | |
| Return On Tangible Assets | 0.09 | 0.05 | |
| Return On Capital Employed | 0.09 | 0.11 | |
| Return On Assets | 0.06 | 0.04 | |
| Return On Equity | 0.16 | 0.12 |
Things to note about Eastman Chemical performance evaluation
Checking the ongoing alerts about Eastman Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eastman Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eastman Chemical has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| On 5th of April 2024 Eastman Chemical paid $ 0.81 per share dividend to its current shareholders | |
| Latest headline from investorplace.com: EMN Stock Earnings Eastman Chemical Beats EPS, Beats Revenue for Q1 2024 |
- Analyzing Eastman Chemical's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eastman Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Eastman Chemical's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eastman Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eastman Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eastman Chemical's stock. These opinions can provide insight into Eastman Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Eastman Stock analysis
When running Eastman Chemical's price analysis, check to measure Eastman Chemical'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 Chemical is operating at the current time. Most of Eastman Chemical's value examination focuses on studying past and present price action to predict the probability of Eastman Chemical'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 Chemical's price. Additionally, you may evaluate how the addition of Eastman Chemical to your portfolios can decrease your overall portfolio volatility.
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Is Eastman Chemical'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 Chemical. 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 Chemical 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 0.241 | Dividend Share 2.39 | Earnings Share 7.49 | Revenue Per Share 77.04 | Quarterly Revenue Growth (0.04) |
The market value of Eastman Chemical 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 Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical'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 Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical'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.