On Monday, Eastman Chemical Co (NYSE: EMN) was -2.07% drop from the session before settling in for the closing price of $98.50. A 52-week range for EMN has been $80.71 – $114.50.
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Basic Materials Sector giant saw their annual sales slid by -1.09% over the last five years. When this article was written, the company’s average yearly earnings per share was at 19.28%. With a float of $115.17 million, this company’s outstanding shares have now reached $115.86 million.
The firm has a total of 14000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 23.59%, operating margin of 13.03%, and the pretax margin is 12.92%.
Eastman Chemical Co (EMN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Eastman Chemical Co stocks. The insider ownership of Eastman Chemical Co is 0.64%, while institutional ownership is 88.58%. The most recent insider transaction that took place on Nov 29 ’24, was worth 1,919,190. In this transaction CEO & Board Chair of this company sold 18,278 shares at a rate of $105.00, taking the stock ownership to the 395,699 shares. Before that another transaction happened on Dec 03 ’24, when Company’s SVP, Chf HR Ofcr sold 3,683 for $104.88, making the entire transaction worth $386,273. This insider now owns 0 shares in total.
Eastman Chemical Co (EMN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 19.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.71% during the next five years compared to -0.19% drop over the previous five years of trading.
Eastman Chemical Co (NYSE: EMN) Trading Performance Indicators
You can see what Eastman Chemical Co (EMN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 18.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.47, a number that is poised to hit 1.61 in the next quarter and is forecasted to reach 8.68 in one year’s time.
Technical Analysis of Eastman Chemical Co (EMN)
Analysing the last 5-days average volume posted by the [Eastman Chemical Co, EMN], we can find that recorded value of 1.38 million was better than the volume posted last year of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 11.32%. Additionally, its Average True Range was 2.01.
During the past 100 days, Eastman Chemical Co’s (EMN) raw stochastic average was set at 13.64%, which indicates a significant increase from 2.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.57% in the past 14 days, which was lower than the 23.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.18, while its 200-day Moving Average is $100.35. Now, the first resistance to watch is $97.44. This is followed by the second major resistance level at $98.43. The third major resistance level sits at $99.02. If the price goes on to break the first support level at $95.86, it is likely to go to the next support level at $95.27. Now, if the price goes above the second support level, the third support stands at $94.28.
Eastman Chemical Co (NYSE: EMN) Key Stats
There are 115,913K outstanding shares of the company, which has a market capitalization of 11.04 billion. As of now, sales total 9,210 M while income totals 894,000 K. Its latest quarter income was 2,464 M while its last quarter net income were 180,000 K.
