EMN - Eastman Chemical Company
| Previous Close | 78.71 |
| Open | 79.40 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 79.40 - 81.66 |
| 52 Week Range | 64.84 - 103.92 |
| Volume | 945,156 |
| Avg. Volume | 1,081,449 |
| Market Cap | 11.255B |
| Beta (3Y Monthly) | 1.26 |
| PE Ratio (TTM) | 11.52 |
| EPS (TTM) | 7.05 |
| Earnings Date | Jul 25, 2019 |
| Forward Dividend & Yield | 2.48 (3.15%) |
| Ex-Dividend Date | 2019-06-14 |
| 1y Target Est | 88.94 |
- Zacks•5 days ago
What's in Store for Eastman Chemical (EMN) in Q2 Earnings?
While Eastman Chemical (EMN) faces demand weakness and currency headwind, it should gain from productivity actions and growth of high margin products in Q2.
- Zacks•6 days ago
Analysts Estimate Eastman Chemical (EMN) to Report a Decline in Earnings: What to Look Out for
Eastman Chemical (EMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- InvestorPlace•6 days ago
3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors
After stalling on Monday and struggling on Tuesday, the bears finally got their pound of flesh. On Wednesday, the S&P 500 fell 0.65%, closing near its low for the day after a few too many investors rethought their positions after a fairly tough start to earnings season.Source: Shutterstock Railroad company CSX (NASDAQ:CSX) hit the wall the hardest, slumping more than 10% after falling short of last quarter's earnings expectations then underscoring that miss with a disappointing outlook. Telecom technology name Ericsson (NASDAQ:ERIC) was a miserable performer too, however, down 11% after missing its quarterly earnings estimates and painting a grim picture of its business in Asia.At the other end of the spectrum, Shopify (NYSE:SHOP) rallied more than 2% as investors jockeyed to get into the one name that could prove disruptive to the e-commerce landscape.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Cryptocurrencies to Keep on Your Radar But none of those names are as compelling as the stock charts of Eastman Chemical Company (NYSE:EMN), General Motors (NYSE:GM) and Verizon Communications (NYSE:VZ) headed into Thursday's action. Here's what makes these three names so special. Eastman Chemical Company (EMN)Given the action Eastman Chemical Company shares have dished out over the past couple of weeks, it would be easy to say EMN just blew its chance at clearing its 200-day moving average line plotted in white on both stocks charts. The June rally was stopped cold there, and Tuesday's short-lived trek above the 200-day line was also halted when the late-June high near $80 was re-met.There's more bullishness packed into this chart than readily meets the eye, however. Another good nudge or two could do the trick. Click to Enlarge * Although the June effort to clear the 200-day moving average line failed, notice the subsequent pullback was halted and reversed cleanly at the purple 50-day moving average line. * Yesterday, the gray 100-day moving average line also became a support level. * While the 200-day line is a critical hurdle here, the $80 area has been defined as the make-or-break area for meaningful upside. Verizon Communications (VZ)With nothing more than a passing glance at Verizon Communications, it looks like the stock is simply range-bound, bouncing to and from near-term peaks and troughs. And, that may be all that's taking shape here.But, as was noted on June 21, VZ stock is increasingly putting pressure on its 200-day moving average line as a technical floor. Although it's still intact, the stock is quietly inching closer to a break under that support, which could easily open the doors to lower lows in a hurry. * 7 Stocks Top Investors Are Buying Now Click to Enlarge * Just since April, the testing of the 200-day line, plotted in white on both stock charts, has heated up to where it's being touched on a regular basis. * Although it has not happened yet, we're even closer to a so-called death cross now than we were a month ago. That's where the purple 50-day average crossed under the 200-day line. * Even a break under the 200-day line is no guarantee of a complete meltdown, however. There's a support line at $55.34, where the red, dashed line that connects the key lows since early last year lies. General Motors (GM)Like all other players in the automobile industry, General Motors has struggled since "peak auto" came and went in 2015. Although it fared better than the rest and it was able to drive GM stock sharply higher in 2017, it wasn't meant to last. The pullback has been particularly bumpy.There has been a method to the madness behind all the volatility, however. The highs and lows going back to 2015 have formed a wedge pattern that's squeezing General Motors shares into a point. The stock may not get all the way to the convergence of that triangle shape, however, if they can just get over the ceiling they're testing right now. Click to Enlarge * There are actually two upper boundaries of the wedge. The bigger-picture one is plotted as a white dashed line, while the gray dashed line has only taken shape since early 2018. * We've seen it before to no avail, but the white 200-day moving average line is sloped upward again, suggesting the longer-term trend is net-bullish. * Although pressing the upper boundary of the wedge right now, General Motors stock might be better served by sliding a little lower, regrouping and then trying one more time.As of this writing, James Brumley held no position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 3 Big Stock Charts for Thursday: Eastman Chemical, Verizon and General Motors appeared first on InvestorPlace.
- GuruFocus.com•8 days ago
US Stocks Little Moved as Earnings Roll In Tuesday
Domino's Pizza falls on weak revenue Continue reading...
- Markit•8 days ago
See what the IHS Markit Score report has to say about Eastman Chemical Co.
Eastman Chemical Co NYSE:EMNView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold EMN had net inflows of $8.82 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. EMN credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•12 days ago
Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Let's talk about the popular Eastman Chemical Company (NYSE:EMN). The company's shares saw a decent share price growth...
- GlobeNewswire•16 days ago
Eastman Schedules Second-Quarter 2019 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast
Financial results release and webcast slides: Thursday, July 25, 2019 Approximately 4:30 p.m. Eastern Time Release available via wire distribution and www.eastman.com , News Center and SEC Form 8-K ...
- Insider Monkey•23 days ago
It’s Time to Invest in Value Stocks – Atlantic’s Alexander Roepers Expects Rotation Back to Value
In a recent Bloomberg’s interview, Atlantic Investment Management’s Alexander Roepers discussed his market expectations, which he already shared in a report published a month ago. Namely, the word is about rotation to value stocks, which he anticipated three years ago as well. When asked about why he thinks the rotation is now more imminent than […]
- Simply Wall St.•28 days ago
How Financially Strong Is Eastman Chemical Company (NYSE:EMN)?
Eastman Chemical Company (NYSE:EMN), a large-cap worth US$11b, comes to mind for investors seeking a strong and...
- Simply Wall St.•28 days ago
Here's How P/E Ratios Can Help Us Understand Eastman Chemical Company (NYSE:EMN)
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...
- Zacks•last month
Eastman Chemical Buys INACSA, Fortifies Global Fibers Unit
Eastman Chemical's (EMN) buyout is expected to support the consistent growth of Naia cellulosic yarn for the apparel market.
- Insider Monkey•last month
Is Eastman Chemical Company (EMN) A Good Stock To Buy?
Does Eastman Chemical Company (NYSE:EMN) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend […]
- PR Newswire•last month
Eastman to Acquire INACSA
KINGSPORT, Tenn., June 20, 2019 /PRNewswire/ -- Eastman Chemical Company (EMN) today announced that it has entered into a definitive agreement to acquire Industrias del Acetato de Celulosa S.A. (INACSA), a Spanish producer of cellulosic yarn. The INACSA yarn business and assets are expected to support continued growth of Naia™ cellulosic yarn for the apparel market and will become part of the global Fibers segment supply base. "With the acquisition of INACSA, Eastman gains a well-respected yarn producer and a European site that will enhance our ability to support the global textiles supply chain," said Brad Lich, executive vice president and chief commercial officer.
- Market Realist•last month
Eastman Chemical Completes DEHA Capacity Expansion
Eastman Chemical (EMN) completed the debottlenecking of its diethylhydroxylamine unit in St. Gabriel, Louisiana. The plant's capacity is expected to increase 15%–20%. The company's monopoly will likely continue.
- Simply Wall St.•last month
Is Eastman Chemical Company (NYSE:EMN) Trading At A 38% Discount?
How far off is Eastman Chemical Company (NYSE:EMN) from its intrinsic value? Using the most recent financial data...
- Zacks•last month
Eastman Chemical Unveils Recycled Avra Performance Fibers
Eastman Chemical's (EMN) latest move indicates its commitment toward sustainability and transition to a circular economy.
- Zacks•2 months ago
Eastman Chemical to Boost Impera Performance Resin Production
Eastman Chemical's (EMN) move supports the growth strategy in its Tire Additives business, which is part of the Additives & Functional Products operating segment.
- Zacks•2 months ago
Celanese to Increase Prices of Acetyl Intermediates in China
Celanese's (CE) latest hike is incremental to earlier announced price increases.
- Zacks•2 months ago
Eastman Chemical (EMN) Poised on Cost Actions & Innovations
Eastman Chemical (EMN) should gain from its cost management actions and growth in high-margin innovation products amid a challenging environment.
- GlobeNewswire•2 months ago
Curt Espeland to address the Deutsche Bank Global Industrials & Materials Summit
Media Advisory Issued May 30, 2019 Industrials & Materials Summit Curt Espeland, Executive Vice President and Chief Financial Officer, Eastman Chemical Company (NYSE:EMN), will address the Deutsche Bank ...
