Witnessing the stock’s movement on the chart, on Wednesday, Eastman Chemical Co (NYSE: EMN) had a quiet start as it plunged -0.07% to $106.98, before settling in for the price of $107.06 at the close. Taking a more long-term approach, EMN posted a 52-week range of $68.89-$114.50.
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The Basic Materials sector firm’s twelve-monthly sales growth has been -1.09% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -0.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 20.16%. This publicly-traded company’s shares outstanding now amounts to $117.29 million, simultaneously with a float of $116.12 million. The organization now has a market capitalization sitting at $12.50 billion.
Eastman Chemical Co (EMN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Eastman Chemical Co’s current insider ownership accounts for 0.63%, in contrast to 87.85% institutional ownership. According to the most recent insider trade that took place on Jun 03 ’24, this organization’s SVP, Chf HR Ofcr sold 1,975 shares at the rate of 99.22, making the entire transaction reach 195,960 in total value, affecting insider ownership by 0. Preceding that transaction, on May 15 ’24, Company’s EVP & CCO sold 23,028 for 100.51, making the whole transaction’s value amount to 2,314,544. This particular insider is now the holder of 68,793 in total.
Eastman Chemical Co (EMN) Earnings and Revenue Records
Eastman Chemical Co’s EPS increase for this current 12-month fiscal period is 20.16% and is forecasted to reach 8.97 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.19% through the next 5 years, which can be compared against the -0.19% growth it accomplished over the previous five years trading on the market.
Eastman Chemical Co (NYSE: EMN) Trading Performance Indicators
Let’s observe the current performance indicators for Eastman Chemical Co (EMN). It’s Quick Ratio in the last reported quarter now stands at 0.71. The Stock has managed to achieve an average true range (ATR) of 1.96. Alongside those numbers, its PE Ratio stands at $14.37, and its Beta score is 1.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.37. Similarly, its price to free cash flow for trailing twelve months is now 20.77.
In the same vein, EMN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.44, a figure that is expected to reach 2.14 in the next quarter, and analysts are predicting that it will be 8.97 at the market close of one year from today.
