In the past week, EMN stock has gone down by -0.49%, with a monthly gain of 1.01% and a quarterly plunge of -13.15%. The volatility ratio for the week is 1.94%, and the volatility levels for the last 30 days are 2.18% for Eastman Chemical Co The simple moving average for the last 20 days is 1.70% for EMN stock, with a simple moving average of -7.07% for the last 200 days.
Is It Worth Investing in Eastman Chemical Co (NYSE: EMN) Right Now?
The price-to-earnings ratio for Eastman Chemical Co (NYSE: EMN) is 12.40x, which is above its average ratio. Moreover, the 36-month beta value for EMN is 1.45. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for EMN is 115.17M and currently, short sellers hold a 2.51% of that float. On January 31, 2025, EMN’s average trading volume was 1.13M shares.
EMN) stock’s latest price update
The stock price of Eastman Chemical Co (NYSE: EMN) has plunged by -0.03 when compared to previous closing price of 92.70, but the company has seen a -0.49% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-30 that Although the revenue and EPS for Eastman Chemical (EMN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of EMN
Many brokerage firms have already submitted their reports for EMN stocks, with BofA Securities repeating the rating for EMN by listing it as a “Buy.” The predicted price for EMN in the upcoming period, according to BofA Securities is $109 based on the research report published on January 14, 2025 of the current year 2025.
Citigroup, on the other hand, stated in their research note that they expect to see EMN reach a price target of $104, previously predicting the price at $118. The rating they have provided for EMN stocks is “Neutral” according to the report published on December 18th, 2024.
Wells Fargo gave a rating of “Overweight” to EMN, setting the target price at $125 in the report published on November 26th of the previous year.
EMN Trading at -3.26% from the 50-Day Moving Average
After a stumble in the market that brought EMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.07% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +2.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.02% lower at present.
During the last 5 trading sessions, EMN fell by -0.49%, which changed the moving average for the period of 200-days by -5.42% in comparison to the 20-day moving average, which settled at $91.12. In addition, Eastman Chemical Co saw 1.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EMN starting from Costa Mark J, who sale 18,278 shares at the price of $105.00 back on Nov 29 ’24. After this action, Costa Mark J now owns 395,699 shares of Eastman Chemical Co, valued at $1,919,190 using the latest closing price.
Holt Adrian James, the SVP, Chf HR Ofcr of Eastman Chemical Co, sale 3,683 shares at $104.88 during a trade that took place back on Dec 03 ’24, which means that Holt Adrian James is holding 0 shares at $386,273 based on the most recent closing price.
Stock Fundamentals for EMN
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.24 for the gross margin
The net margin for Eastman Chemical Co stands at 0.09. The total capital return value is set at 0.1. Equity return is now at value 16.08, with 5.97 for asset returns.
Based on Eastman Chemical Co (EMN), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 5.56.
Currently, EBITDA for the company is 1.81 billion with net debt to EBITDA at 2.62. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 7.01for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.
Conclusion
To wrap up, the performance of Eastman Chemical Co (EMN) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
