Eastman Chemical Company (EMN) Stock Forecast & Price Target
Eastman Chemical Company · NYSE
$70.40-0.79 (-1.11%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Eastman Chemical Company, 7 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $72.00 to $92.00, so the covering firms are broadly aligned. The average target of $78.80 sits 12% above the current $70.40. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.39 next quarter toward $6.93 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy764%
Hold436%
Sell00%
Strong Sell00%
Based on 11 analysts giving stock ratings to Eastman Chemical Company.
As of Sep, 7 of 11 firms rate EMN a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
EMN EPS & revenue forecast
EPS · NEXT QUARTER
$1.39
Range $0.98 – $1.65 · 11 analysts · +86% YoY
Next period, 11 analysts expect Eastman Chemical Company to earn $1.39 a share (range $0.98 – $1.65), versus $0.75 a year earlier. Full-year consensus is $6.39, growing to $6.93 the year after.
REVENUE · NEXT QUARTER
$2.2B
Range $2.0B – $2.3B · 11 analysts · +10% YoY
Revenue is expected to reach $2.2B (range $2.0B – $2.3B), +9.6% year-over-year. Full-year consensus is $9.3B, rising to $9.4B next year.
Top analysts covering Eastman Chemical Company
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on EMN.
#1
Joshua Spector
UBS · Rank #40
Buy
$92.00+30.7% to target
Overall win rate
51%
+ Follow
#2
AY
Aleksey Yefremov
Keybanc · Rank #46
Buy
No targeton EMN
Overall win rate
47%
+ Follow
#3
Michael Leithead
Barclays · Rank #49
Hold
$85.00+20.7% to target
Overall win rate
57%
+ Follow
#4
Jeffrey Zekauskas
JP Morgan · Rank #50
Buy
$82.00+16.5% to target
Overall win rate
53%
+ Follow
#5
Arun Viswanathan
RBC Capital · Rank #212
Hold
$74.00+5.1% to target
Overall win rate
33%
+ Follow
EMN stock forecast FAQ
What is EMN's average 12-month price target?+
The 10 analysts with a live target average $78.80 for Eastman Chemical Company over the next 12 months, ranging from a $92.00 high to a $72.00 low.
Is EMN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 11 analyst ratings, 7 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for EMN?+
The Street-high target is $92.00 (UBS), and the Street-low is $72.00 (Deutsche Bank). The average of all 10 active targets is $78.80.
How many Wall Street analysts cover EMN?+
11 analysts have an active rating on Eastman Chemical Company, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering EMN?+
Among analysts who currently cover EMN, Joshua Spector of UBS has the strongest overall Quantellect track record (Rank #40). Their current call is Buy with a $92.00 target.
What is Eastman Chemical Company's projected EPS for next quarter?+
The consensus estimate is $1.39 per share (range $0.98 – $1.65) across 11 analysts. Full-year EPS is projected at $6.39, rising to $6.93 the following year.
How much revenue is Eastman Chemical Company expected to report next quarter?+
Consensus revenue is $2.2B (range $2.0B – $2.3B). Full-year revenue is projected at $9.3B, growing to $9.4B next year.
Have analysts been upgrading or downgrading EMN lately?+
As of Sep, 7 of 11 firms rate EMN a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their EMN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.