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1 Comment
Eastman Chemical Company is currently in a long term uptrend where the price is trading 8.4% above its 200 day moving average.
From a valuation standpoint, the stock is 99.3% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.8.
Eastman Chemical Company's total revenue sank by 0.9% to $2B since the same quarter in the previous year.
Its net income has increased by 23.1% to $32M since the same quarter in the previous year.
Finally, its free cash flow fell by 45.7% to $301M since the same quarter in the previous year.
Based on the above factors, Eastman Chemical Company gets an overall score of 3/5.
Sector | Basic Materials |
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Industry | Specialty Chemicals |
Exchange | F |
CurrencyCode | EUR |
ISIN | US2774321002 |
Market Cap | 8B |
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PE Ratio | 10.68 |
Target Price | 136.45 |
Dividend Yield | 4.3% |
Beta | 1.4 |
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. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, polyvinyl butyral sheets, polyester films and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables end-markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.
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