Eastman Chemical Co
General ticker "EMN" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $11.6B
Eastman Chemical Co follows the US Stock Market performance with the rate: 57.7%.
Estimated limits based on current volatility of 1.6%: low 89.59$, high 92.59$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-16, amount 0.83$ (Y3.64%)
- China accounted for 10.6% of revenue in the fiscal year ended 2023-12-31
- US accounted for 41.2% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [76.64$, 115.06$]
- 2024-12-30 to 2025-12-30 estimated range: [94.74$, 135.62$]
Financial Metrics affecting the EMN estimates:
- Positive: Non-GAAP EPS, $ of 6.40 > 2.29
- Positive: Operating cash flow per share per price, % of 13.45 > 12.76
- Positive: 1.31 < Industry earnings per price (median), % of 3.50
- Positive: 9.05 < Operating profit margin, % of 11.89
- Negative: Interest expense per share, $ of 1.90 > 0.74
- Negative: Investing cash flow per share, $ of -3.64 <= -3.48
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 5.77
- Negative: Inventory ratio change, % of 5.09 > 1.08
Short-term EMN quotes
Long-term EMN plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $9,742.00MM | $10,580.00MM | $9,210.00MM |
| Operating Expenses | $8,660.00MM | $9,326.00MM | $8,115.00MM |
| Operating Income | $1,082.00MM | $1,254.00MM | $1,095.00MM |
| Non-Operating Income | $0.00MM | $-277.00MM | $-8.00MM |
| Interest Expense | $198.00MM | $182.00MM | $225.00MM |
| R&D Expense | $254.00MM | $264.00MM | $239.00MM |
| Income(Loss) | $1,082.00MM | $977.00MM | $1,087.00MM |
| Taxes | $215.00MM | $181.00MM | $191.00MM |
| Profit(Loss) | $867.00MM | $796.00MM | $896.00MM |
| Stockholders Equity | $5,704.00MM | $5,153.00MM | $5,458.00MM |
| Inventory | $1,504.00MM | $1,894.00MM | $1,683.00MM |
| Assets | $15,519.00MM | $14,667.00MM | $14,633.00MM |
| Operating Cash Flow | $1,619.00MM | $975.00MM | $1,374.00MM |
| Capital expenditure | $578.00MM | $624.00MM | $833.00MM |
| Investing Cash Flow | $-29.00MM | $392.00MM | $-432.00MM |
| Financing Cash Flow | $-1,690.00MM | $-1,321.00MM | $-888.00MM |
| Earnings Per Share* | $6.35 | $5.85 | $7.54 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.