Eastman Chemical Stock Fair Value Calculator – Mutual Advisors LLC invests $967,000 in Eastman Chemical, boosting company’s position in the market
April 3, 2024
☀️Trending News
Mutual Advisors LLC, a leading investment firm, has recently announced that it has invested $967,000 in Eastman Chemical ($NYSE:EMN) at Defense World. This investment has significantly boosted the company’s position in the market and is expected to have a positive impact on their financial performance. Eastman Chemical is a global specialty materials company that produces a wide range of products used in various industries such as transportation, building and construction, and consumer goods. The company’s stock is listed on the New York Stock Exchange under the ticker symbol EMN and has been consistently performing well in the market over the years. With the investment, Mutual Advisors LLC now holds a significant stake in Eastman Chemical, further solidifying the company’s position in the market. This investment comes at a time when Eastman Chemical is experiencing steady growth and is expanding its product portfolio. The company has been making strategic acquisitions and partnerships to enhance its capabilities and enter new markets.
This investment by Mutual Advisors LLC will provide Eastman Chemical with additional funds to further drive its growth initiatives. The investment by Mutual Advisors LLC has also caught the attention of other investors, signaling a positive outlook for Eastman Chemical’s future. This increased interest from investors is a reflection of their confidence in the company’s management, financial stability, and growth potential. By joining forces with a reputable investment firm like Mutual Advisors LLC, Eastman Chemical has not only gained additional financial support but also valuable insights and guidance. It has strengthened their financial position and garnered the attention of other investors. With this investment, Eastman Chemical is poised for further growth and success in the market.
Stock Price
The stock opened at $100.0 and closed at $100.2, a 0.6% increase from the previous day’s closing price of 99.6. With this recent investment, EASTMAN CHEMICAL can expect to see an increase in its financial stability and growth potential. The boost in stock price also reflects investors’ confidence in the company’s leadership and management team. EASTMAN CHEMICAL has consistently delivered strong financial results and maintained a solid track record in the industry, making it an attractive investment option for mutual funds like Mutual Advisors LLC. This investment by Mutual Advisors LLC not only benefits EASTMAN CHEMICAL but also has a positive impact on the overall market.
As the company’s position and performance improve, it can have a ripple effect on other companies in the chemical industry, potentially leading to an overall boost in the market. In conclusion, Mutual Advisors LLC’s investment in EASTMAN CHEMICAL has brought about positive changes for the company and has elevated its position in the market. With this vote of confidence from a reputable mutual fund, EASTMAN CHEMICAL is poised for continued success and growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Eastman Chemical. More…
| Total Revenues | Net Income | Net Margin |
| 9.21k | 894 | 7.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Eastman Chemical. More…
| Operations | Investing | Financing |
| 1.37k | -432 | -888 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Eastman Chemical. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.59k | 9.17k | 45.63 |
Key Ratios Snapshot
Some of the financial key ratios for Eastman Chemical are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.8% | -1.3% | 14.1% |
| FCF Margin | ROE | ROA |
| 5.9% | 15.2% | 5.6% |
Analysis – Eastman Chemical Stock Fair Value Calculator
After conducting a thorough analysis of EASTMAN CHEMICAL, I can confidently say that the company’s wellbeing is in a good place. The company has a solid financial standing and is showing positive growth in its operations. One key finding from our analysis is that the fair value of EASTMAN CHEMICAL’s share is approximately $99.3. This was calculated using our proprietary Valuation Line, which takes into account various factors such as financial performance, industry trends, and market conditions. This fair value suggests that the stock is currently trading at a fair price. In fact, at the time of our analysis, EASTMAN CHEMICAL’s stock was trading at $100.2, which is very close to the calculated fair value. This indicates that the stock is currently priced accurately and there may not be any significant undervaluation or overvaluation. Based on these findings, I would recommend that investors hold their positions in EASTMAN CHEMICAL or consider buying at the current market price. The company’s stable financials and fair valuation make it a potentially solid investment opportunity. Overall, our analysis shows that EASTMAN CHEMICAL is in a good position and has the potential for future growth. Investors should continue to monitor the company’s performance and make informed decisions based on their own risk tolerance and investment goals. More…
Peers
Eastman Chemical Co is one of the world’s leading producers of chemicals and related products, with manufacturing facilities in over 30 countries. Its main competitors are Indo Amines Ltd, Deepak Nitrite Ltd, and TECIL Chemicals & Hydro Power Ltd.
– Indo Amines Ltd ($BSE:524648)
Indo Amines Ltd is a publicly traded company with a market capitalization of 8.96 billion as of 2022. The company has a return on equity of 16.75%. Indo Amines Ltd is engaged in the business of manufacturing and selling amino acids and their derivatives. The company’s products are used in a variety of industries, including pharmaceuticals, animal feed, food and beverages, and agriculture.
– Deepak Nitrite Ltd ($BSE:506401)
Deepak Nitrite Ltd is an Indian company that manufactures and sells chemicals. The company has a market cap of 305.73B as of 2022 and a Return on Equity of 25.76%. Deepak Nitrite Ltd is a publicly traded company listed on the Bombay Stock Exchange. The company has a diversified product portfolio and manufactures a wide range of chemicals including inorganic and organic chemicals, pigments, and dyes.
Summary
Mutual Advisors LLC has a significant stake of $967,000 in Eastman Chemical, indicating their confidence in the company’s performance and potential for growth. This is a positive sign for investors, as it shows that professional analysts see value in the company’s stock.
Additionally, Eastman Chemical has a strong track record and financial stability, making it a reliable choice for investors. Its diversified portfolio and focus on innovation also make it well-positioned for future success. Overall, the analysis suggests that Eastman Chemical is a promising investment opportunity in the chemical industry, and investors should consider adding it to their portfolio.
