That’s why I Feel Comfortable With Eastman Chemical Co’s (EMN) Future

A share price of Eastman Chemical Co [EMN] is currently trading at $66.4, down -0.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EMN shares have gain 8.37% over the last week, with a monthly amount drifted -14.38%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Eastman Chemical Co [NYSE: EMN] stock has seen the most recent analyst activity on April 28, 2025, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $76 for it. Previously, RBC Capital Mkts upgraded its rating to Outperform on April 09, 2025, and kept the price target unchanged to $91. On April 04, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $101 on the stock. Mizuho upgraded its rating to a Outperform but stick to its price target of $105 on April 03, 2025. BofA Securities upgraded its rating to a Buy and reduced its price target to $109 on January 14, 2025. Citigroup downgraded its rating to Neutral for this stock on December 18, 2024, and downed its price target to $104. In a note dated November 26, 2024, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $110 to $125.

Eastman Chemical Co experienced fluctuations in its stock price throughout the past year between $56.78 and $114.50. Currently, Wall Street analysts expect the stock to reach $79 within the next 12 months. Eastman Chemical Co [NYSE: EMN] shares were valued at $66.4 at the most recent close of the market. An investor can expect a potential return of 18.98% based on the average EMN price forecast.

Analyzing the EMN fundamentals

Trailing Twelve Months sales for Eastman Chemical Co [NYSE:EMN] were 9.28B which represents -2.92% decline. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.24 points at the first support level, and at 64.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.06, and for the 2nd resistance point, it is at 67.72.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Eastman Chemical Co [NYSE:EMN] is 1.68. As well, the Quick Ratio is 0.78, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 1.31 and price to earnings (TTM) ratio is 9.33.

Transactions by insiders

Recent insider trading involved Caveness Michelle H, SVP & Chf. Mfg. Ofc., that happened on Mar 03 ’25 when 1147.0 shares were sold. Officer, Caveness Michelle H completed a deal on Mar 03 ’25 to buy 1147.0 shares. Meanwhile, CEO & Board Chair Costa Mark J sold 4834.0 shares on Feb 26 ’25.

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