Eastman Chemical

EMN-N

NYSE:EMN

78.57
0.72 (0.91%)
Eastman Chemical Company is an American Fortune 500 company, is a global specialty chemical company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes.
More at Wikipedia

Analysis and Opinions about EMN-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 3, 2019
(A Top Pick Jan 14/19, Up 7%) Strong seasonality in January to May, but it does really poorly in May to October. It plunged in late-2018 and has recovered since late-2018, but slower than the overall market. It's merely okay now.
(A Top Pick Jan 14/19, Up 7%) Strong seasonality in January to May, but it does really poorly in May to October. It plunged in late-2018 and has recovered since late-2018, but slower than the overall market. It's merely okay now.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$80.910
Owned
No
TOP PICK
TOP PICK
January 14, 2019
It has a strong seasonal period from late January into May and then they do poorly. It is a solid company with a 3.3% dividend and a low PE ratio. It should perform well when the trade situation calms down. (Analysts’ price target is $93.79)
Eastman Chemical (EMN-N)
January 14, 2019
It has a strong seasonal period from late January into May and then they do poorly. It is a solid company with a 3.3% dividend and a low PE ratio. It should perform well when the trade situation calms down. (Analysts’ price target is $93.79)
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$76.430
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 19, 2018

(A Top Pick May 8/17. Up 25%.) Still has lots of upside potential, but is coming hard up against technical resistance, so is watching to see if it will break out. There is enough potential that it should be able to do it. Needs another $2 or $3 on the upside, and then we get a clear technical break out, and then it would be okay to Buy. Right now, he would be cautious.

Eastman Chemical (EMN-N)
January 19, 2018

(A Top Pick May 8/17. Up 25%.) Still has lots of upside potential, but is coming hard up against technical resistance, so is watching to see if it will break out. There is enough potential that it should be able to do it. Needs another $2 or $3 on the upside, and then we get a clear technical break out, and then it would be okay to Buy. Right now, he would be cautious.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$98.130
Owned
Yes
TOP PICK
TOP PICK
May 8, 2017

Chemicals are good movers toward the end of an economic cycle. With weakness in Natural gas, it helps them. They have a 2.6% dividend and a 50% upside potential. If he gets 15-20% by next year he will be happy with it. (Analysts’ target: $90.00.

Chemicals are good movers toward the end of an economic cycle. With weakness in Natural gas, it helps them. They have a 2.6% dividend and a 50% upside potential. If he gets 15-20% by next year he will be happy with it. (Analysts’ target: $90.00.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$79.280
Owned
Yes
BUY
BUY
January 30, 2017

She likes it and in general the materials sector also. They have the second highest earnings growth for 2017 and most stocks are trading cheaply. There is good potential upside for this year.

Eastman Chemical (EMN-N)
January 30, 2017

She likes it and in general the materials sector also. They have the second highest earnings growth for 2017 and most stocks are trading cheaply. There is good potential upside for this year.

Erin Gibbs
V.P., S&P Global Market Intelligence
Price
$75.580
Owned
Unknown
COMMENT
COMMENT
August 31, 2016

A very large, highly diversified chemical business that manufactures a series of different plastics, polymers, olefins as well as synthetic fibers. One of the biggest challenges has been compression of crack spreads that have been tightening, so any of the plastics they are making are getting more expensive and margins are getting squeezed. Another challenge is the reduced demand for acetate tow, of which they are the biggest manufacturer, which are used primarily for filters for cigarettes and ink reservoirs for pens. The amount of leverage on the balance sheet is pretty high, at about 3.2 to 4 times. However, valuation is pretty compelling. Price to cash flow is at about 6X and earnings at about 9.6X. If you can stomach the volatility it is probably going to be a really good business to hold. They are committed to dividend growth. Very well diversified.

Eastman Chemical (EMN-N)
August 31, 2016

A very large, highly diversified chemical business that manufactures a series of different plastics, polymers, olefins as well as synthetic fibers. One of the biggest challenges has been compression of crack spreads that have been tightening, so any of the plastics they are making are getting more expensive and margins are getting squeezed. Another challenge is the reduced demand for acetate tow, of which they are the biggest manufacturer, which are used primarily for filters for cigarettes and ink reservoirs for pens. The amount of leverage on the balance sheet is pretty high, at about 3.2 to 4 times. However, valuation is pretty compelling. Price to cash flow is at about 6X and earnings at about 9.6X. If you can stomach the volatility it is probably going to be a really good business to hold. They are committed to dividend growth. Very well diversified.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$67.890
Owned
No
COMMENT
COMMENT
August 10, 2016

A really volatile name in some ways. Compared to other chemical companies, they have been pushing really hard to get into more of the specialized product to get a higher margin and more diversification, but are still exposed to more of the commodity type parts of the market. A lot of the sales are going into Asia, which is where you are seeing some weakness. There is a lot of leverage in the model, where there is not a lot of control. She is on the sidelines for this.

Eastman Chemical (EMN-N)
August 10, 2016

A really volatile name in some ways. Compared to other chemical companies, they have been pushing really hard to get into more of the specialized product to get a higher margin and more diversification, but are still exposed to more of the commodity type parts of the market. A lot of the sales are going into Asia, which is where you are seeing some weakness. There is a lot of leverage in the model, where there is not a lot of control. She is on the sidelines for this.

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$64.840
Owned
No
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