Eastman Chemical Company (EMN) EPS Estimated At $1.63

Eastman Chemical Company (NYSE:EMN) Logo
Investors sentiment decreased to 0.78 in 2018 Q3. Its down 0.36, from 1.14 in 2018Q2. It is negative, as 48 investors sold Eastman Chemical Company shares while 221 reduced holdings. 59 funds opened positions while 151 raised stakes. 111.12 million shares or 2.12% less from 113.52 million shares in 2018Q2 were reported.
First National Bank & Trust Of Omaha has invested 0.16% in Eastman Chemical Company (NYSE:EMN). Creative Planning invested in 0% or 9,755 shares. Smith Asset Management Group Lp holds 460 shares or 0% of its portfolio. Nelson Roberts Investment Ltd Com stated it has 56 shares. Great Lakes Advisors holds 0.06% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 24,371 shares. Oakworth owns 200 shares. Commerzbank Aktiengesellschaft Fi, a Germany-based fund reported 5,807 shares. Neuberger Berman Ltd Liability holds 0% or 35,430 shares. Regentatlantic Cap Ltd Com invested in 0.08% or 11,118 shares. Northern holds 0.04% or 1.70 million shares in its portfolio. James Investment Research holds 0.05% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 13,323 shares. Ogorek Anthony Joseph Ny Adv stated it has 0% of its portfolio in Eastman Chemical Company (NYSE:EMN). Hennessy Advisors Inc accumulated 0.1% or 29,500 shares. Livingston Group Inc Asset Management (Operating As Southport Management) stated it has 0% of its portfolio in Eastman Chemical Company (NYSE:EMN). State Common Retirement Fund stated it has 286,300 shares or 0.03% of all its holdings.

Since July 31, 2018, it had 1 buying transaction, and 2 sales for $1.38 million activity. RAISBECK DAVID W bought $988,335 worth of Eastman Chemical Company (NYSE:EMN) on Friday, December 7. On Tuesday, July 31 BOLDEA LUCIAN sold $364,912 worth of Eastman Chemical Company (NYSE:EMN) or 3,523 shares.

Analysts expect Eastman Chemical Company (NYSE:EMN) to report $1.63 EPS on January, 31 after the close.They anticipate $0.01 EPS change or 0.62 % from last quarter’s $1.62 EPS. EMN’s profit would be $228.26 million giving it 11.68 P/E if the $1.63 EPS is correct. After having $2.34 EPS previously, Eastman Chemical Company’s analysts see -30.34 % EPS growth. The stock decreased 1.00% or $0.77 during the last trading session, reaching $76.13. About 281,078 shares traded. Eastman Chemical Company (NYSE:EMN) has declined 20.52% since January 14, 2018 and is downtrending. It has underperformed by 20.52% the S&P500.

Eastman Chemical Company (NYSE:EMN) Ratings Coverage

Among 8 analysts covering Eastman Chemical (NYSE:EMN), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Eastman Chemical had 11 analyst reports since July 31, 2018 according to SRatingsIntel. Nomura maintained Eastman Chemical Company (NYSE:EMN) rating on Monday, October 29. Nomura has “Neutral” rating and $93 target. Nomura maintained it with “Neutral” rating and $99 target in Monday, October 15 report. Citigroup maintained it with “Neutral” rating and $86 target in Monday, October 29 report. The rating was upgraded by Standpoint Research to “Buy” on Wednesday, December 26. Citigroup maintained Eastman Chemical Company (NYSE:EMN) on Thursday, October 11 with “Neutral” rating. The firm has “Neutral” rating given on Friday, October 5 by JP Morgan. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Monday, October 29 report. The rating was upgraded by JP Morgan to “Overweight” on Friday, October 12. The stock of Eastman Chemical Company (NYSE:EMN) has “Hold” rating given on Monday, October 29 by SunTrust. On Tuesday, July 31 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. The company has market cap of $10.66 billion. The companyÂ’s Additives & Functional Products segment offers specialty coalescents, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; sulfur and antidegradant rubber additives; performance resins and amine-derivative building blocks; heat transfer and aviation fluids; formic-acid based solutions; and metam based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. It has a 7.14 P/E ratio. The Company’s products are used in coatings, tires, consumables, building and construction, animal nutrition, care chemical, crop protection, and energy markets.

Eastman Chemical Company (NYSE:EMN) Institutional Positions Chart

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