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See what the IHS Markit Score report has to say about Eastman Chemical Co.

IHS Markit

Eastman Chemical Co

NYSE:EMN

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Summary

  • Perception of the company's creditworthiness is neutral
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is low
  • Economic output in this company's sector is expanding

Bearish sentiment

Short interest | Positive

Short interest is extremely low for EMN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EMN.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding EMN are favorable, with net inflows of $8.46 billion. Additionally, the rate of inflows is increasing.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating.

Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator. EMN credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.

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