Offering a various vary of views from bullish to bearish, 8 analysts have printed rankings on Eastman Chemical EMN within the final three months.
Summarizing their current assessments, the desk under illustrates the evolving sentiments up to now 30 days and compares them to the previous months.
| Bullish | Considerably Bullish | Detached | Considerably Bearish | Bearish | |
|---|---|---|---|---|---|
| Whole Scores | 4 | 0 | 4 | 0 | 0 |
| Final 30D | 0 | 0 | 1 | 0 | 0 |
| 1M In the past | 1 | 0 | 0 | 0 | 0 |
| 2M In the past | 0 | 0 | 0 | 0 | 0 |
| 3M In the past | 3 | 0 | 3 | 0 | 0 |
Analysts have set 12-month value targets for Eastman Chemical, revealing a median goal of $111.88, a excessive estimate of $128.00, and a low estimate of $103.00. This upward pattern is clear, with the present common reflecting a ten.23% enhance from the earlier common value goal of $101.50.
Breaking Down Analyst Scores: A Detailed Examination
A complete examination of how monetary consultants understand Eastman Chemical is derived from current analyst actions. The next is an in depth abstract of key analysts, their current evaluations, and changes to rankings and value targets.
| Analyst | Analyst Agency | Motion Taken | Score | Present Worth Goal | Prior Worth Goal |
|---|---|---|---|---|---|
| John Roberts | Mizuho | Raises | Impartial | $107.00 | $102.00 |
| Patrick Cunningham | Citigroup | Lowers | Purchase | $111.00 | $114.00 |
| Joshua Spector | UBS | Raises | Purchase | $128.00 | $106.00 |
| Michael Leithead | Barclays | Raises | Equal-Weight | $103.00 | $85.00 |
| Arun Viswanathan | RBC Capital | Raises | Sector Carry out | $104.00 | $100.00 |
| Charles Neivert | Piper Sandler | Raises | Impartial | $105.00 | $90.00 |
| Laurence Alexander | Jefferies | Raises | Purchase | $125.00 | $102.00 |
| Steve Byrne | B of A Securities | Lowers | Purchase | $112.00 | $113.00 |
Key Insights:
- Motion Taken: Analysts reply to modifications in market circumstances and firm efficiency, steadily updating their suggestions. Whether or not they ‘Preserve’, ‘Increase’ or ‘Decrease’ their stance, it displays their response to current developments associated to Eastman Chemical. This data gives a snapshot of how analysts understand the present state of the corporate.
- Score: Analyzing traits, analysts supply qualitative evaluations, starting from ‘Outperform’ to ‘Underperform’. These rankings convey expectations for the relative efficiency of Eastman Chemical in comparison with the broader market.
- Worth Targets: Analysts discover the dynamics of value targets, offering estimates for the long run worth of Eastman Chemical’s inventory. This examination reveals shifts in analysts’ expectations over time.
To achieve a panoramic view of Eastman Chemical’s market efficiency, discover these analyst evaluations alongside important monetary indicators. Keep knowledgeable and make considered selections utilizing our Scores Desk.
Keep updated on Eastman Chemical analyst rankings.
Unveiling the Story Behind Eastman Chemical
Established in 1920 to supply chemical substances for Eastman Kodak, Eastman Chemical has grown into a worldwide specialty chemical firm with manufacturing websites world wide. The corporate generates nearly all of its gross sales outdoors of the USA, with a powerful presence in Asian markets. Through the previous a number of years, Eastman has bought noncore companies, selecting to concentrate on higher-margin specialty product choices.
Eastman Chemical: Delving into Financials
Market Capitalization Evaluation: Positioned under trade benchmarks, the corporate’s market capitalization faces constraints in dimension. This could possibly be influenced by components resembling development expectations or operational capability.
Income Challenges: Eastman Chemical’s income development over 3 months confronted difficulties. As of 31 March, 2024, the corporate skilled a decline of roughly -4.23%. This means a lower in top-line earnings. As in comparison with its friends, the income development lags behind its trade friends. The corporate achieved a development charge decrease than the common amongst friends in Supplies sector.
Internet Margin: Eastman Chemical’s internet margin excels past trade benchmarks, reaching 7.14%. This signifies environment friendly price administration and powerful monetary well being.
Return on Fairness (ROE): Eastman Chemical’s ROE surpasses trade requirements, highlighting the corporate’s distinctive monetary efficiency. With a formidable 3.0% ROE, the corporate successfully makes use of shareholder fairness capital.
Return on Belongings (ROA): Eastman Chemical’s ROA stands out, surpassing trade averages. With a formidable ROA of 1.12%, the corporate demonstrates efficient utilization of property and powerful monetary efficiency.
Debt Administration: Eastman Chemical’s debt-to-equity ratio is under trade norms, indicating a sound monetary construction with a ratio of 0.92.
How Are Analyst Scores Decided?
Scores come from analysts, or specialists inside banking and monetary techniques that report for particular shares or outlined sectors (sometimes as soon as per quarter for every inventory). Analysts normally derive their data from firm convention calls and conferences, monetary statements, and conversations with essential insiders to succeed in their selections.
Some analysts additionally supply predictions for useful metrics resembling earnings, income, and development estimates to supply additional steering as to what to do with sure tickers. It is very important take into account that whereas inventory and sector analysts are specialists, they’re additionally human and may solely forecast their beliefs to merchants.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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