Value Investing Philosophy And Eastman Chemical Co (NYSE: EMN)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

EMN belongs to the Basic Materials sector of the NYSE while operating in the Specialty Chemicals industry. The current market capitalization of Eastman Chemical Co is $12.05B. A total of 1.05 million shares were traded on the day, compared to an average of 840.16K shares.

In the most recent transaction, Holt Adrian James sold 1,975 shares of EMN for 99.22 per share on Jun 03 ’24. After the transaction, the SVP, Chf HR Ofcr now owns 0 company shares. In a previous transaction on May 15 ’24, LICH BRAD A sold 23,028 shares at 100.51 per share. EMN shares that EVP & CCO owns now total 68,793.

Among the insiders who sold shares, RAISBECK DAVID W disposed of 13,500 shares on May 14 ’24 at a per-share price of $100.50. This resulted in the Director holding 29,357 shares of EMN after the transaction. In another insider transaction, Holt Adrian James sold 3,662 shares at $101.26 per share on May 10 ’24. Company shares held by the SVP, Chf HR Ofcr now total 0.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Eastman Chemical Co pays an annual dividend of $3.22, resulting in a dividend yield of 3.12%, and it has a price to earnings (P/E) ratio of 13.85. EMN’s most recent ex-dividend date was 9/16/2024 when it declared a $0.81 quarterly dividend that was paid in cash on 10/7/2024. Previously, the company paid the dividend on 7/9/2024 with an ex-dividend date of 6/17/2024. The EMN stock dividend was $0.81 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, EMN has a high of $105.98 and a low of $68.89.

As of this writing, EMN has an earnings estimate of $2.13 per share for the current quarter. EPS was calculated based on a consensus of 17.0 estimates, with a high estimate of $2.19 per share and a lower estimate of $2.05. The company reported an EPS of $1.47 in the last quarter

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. EMN’s latest balance sheet shows that the firm has $459.00M in Cash & Short Term Investments as of fiscal 2021. There were $5.16B in debt and $2.97B in liabilities at the time. Its Book Value Per Share was $48.17, while its Total Shareholder’s Equity was $5.79B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EMN is Buy with a score of 3.94.

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