#7 - Eastman Chemical Company (NYSE:EMN)
Eastman Chemical Company (NYSE: EMN) - Eastman Chemical Company is a player in the Chemicals sector that has some significant indicators working in its favor. To begin with, the company is showing an uptick in average trading volume and stock price volatility. Adding to this the stock has a P/E ratio of 10.48 which is in stark contrast to the industry ratio of 26.18. Although showing a slight miss on both the top and bottom lines in its most recent earnings report, EMN reported a return on equity of 20.15% and a net margin of 10.64%. After its last earnings period, EMN received a buy rating from 60% of analysts with none issuing a Sell rating. The company is heavily traded by hedge funds and other institutional investors. Eastman announced a quarterly dividend that will be issued on Friday, April 5th. The $0.62 dividend puts the company’s current dividend yield of 3.17%.
About Eastman Chemical
Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids.
Read More - Current Price
- $91.76
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $113.92 (24.2% Upside)
