Eastman Chemical (UK) Buy Hold or Sell Recommendation
| 0IF3 Stock | 106.42 1.43 1.36% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eastman Chemical Co is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eastman Chemical Co given historical horizon and risk tolerance towards Eastman Chemical. When Macroaxis issues a 'buy' or 'sell' recommendation for Eastman Chemical Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Eastman Chemical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Eastman Stock please use our How to Invest in Eastman Chemical guide. Note, we conduct extensive research on individual companies such as Eastman and provide practical buy, sell, or hold advice based on investors' constraints. Eastman Chemical Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Eastman |
Execute Eastman Chemical Buy or Sell Advice
The Eastman recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eastman Chemical Co. Macroaxis does not own or have any residual interests in Eastman Chemical Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eastman Chemical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eastman Chemical Trading Alerts and Improvement Suggestions
| Over 91.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Possible Bearish Signals With Eastman Chemical Insiders Disposing Stock - Simply Wall St |
Eastman Chemical Returns Distribution Density
The distribution of Eastman Chemical's historical returns is an attempt to chart the uncertainty of Eastman Chemical's future price movements. The chart of the probability distribution of Eastman Chemical daily returns describes the distribution of returns around its average expected value. We use Eastman Chemical Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eastman Chemical returns is essential to provide solid investment advice for Eastman Chemical.
| Mean Return | 0.12 | Value At Risk | -1.93 | Potential Upside | 2.74 | Standard Deviation | 1.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eastman Chemical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eastman Chemical Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (80M) | 291M | (389M) | (430M) | 201M | 211.1M | |
| Change In Cash | (22M) | 360M | (105M) | 34M | 55M | 57.8M | |
| Free Cash Flow | 1.1B | 1.1B | 1.1B | 364M | 541M | 539.4M | |
| Depreciation | 611M | 574M | 538M | 477M | 498M | 447.6M | |
| Other Non Cash Items | (15M) | 99M | 824M | (27M) | (272M) | (258.4M) | |
| Dividends Paid | 343M | 358M | 375M | 381M | 376M | 210.6M | |
| Capital Expenditures | 425M | 383M | 555M | 611M | 833M | 518.0M | |
| Net Income | 759M | 478M | 857M | 793M | 894M | 550.5M | |
| End Period Cash Flow | 204M | 564M | 459M | 493M | 548M | 349.7M | |
| Net Borrowings | (370M) | (307M) | (350M) | 76M | 87.4M | 91.8M | |
| Change To Netincome | 241M | 287M | 274M | (56M) | (64.4M) | (61.2M) |
Eastman Chemical Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eastman Chemical or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eastman Chemical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eastman stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | -0.01 |
Eastman Chemical Volatility Alert
Eastman Chemical Co has relatively low volatility with skewness of 0.45 and kurtosis of 0.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eastman Chemical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eastman Chemical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eastman Chemical Fundamentals Vs Peers
Comparing Eastman Chemical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eastman Chemical's direct or indirect competition across all of the common fundamentals between Eastman Chemical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eastman Chemical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eastman Chemical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eastman Chemical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eastman Chemical to competition |
| Fundamentals | Eastman Chemical | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.05 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.15 % | (5.51) % |
| Current Valuation | 16.81 B | 16.62 B |
| Shares Outstanding | 140.04 M | 571.82 M |
| Shares Owned By Insiders | 0.67 % | 10.09 % |
| Shares Owned By Institutions | 90.94 % | 39.21 % |
| Price To Sales | 1.56 X | 11.42 X |
| Revenue | 9.21 B | 9.43 B |
| Gross Profit | 2.18 B | 27.38 B |
| EBITDA | 1.59 B | 3.9 B |
| Net Income | 894 M | 570.98 M |
| Total Debt | 4.97 B | 5.32 B |
| Book Value Per Share | 48.80 X | 1.93 K |
| Cash Flow From Operations | 1.37 B | 971.22 M |
| Earnings Per Share | 6.04 X | 3.12 X |
| Number Of Employees | 14 K | 18.84 K |
| Beta | 1.46 | -0.15 |
| Market Capitalization | 1.46 T | 19.03 B |
| Total Asset | 14.63 B | 29.47 B |
| Retained Earnings | 9.49 B | 9.33 B |
| Net Asset | 14.63 B | |
| Last Dividend Paid | 3.24 |
Eastman Chemical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eastman . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Eastman Chemical Buy or Sell Advice
When is the right time to buy or sell Eastman Chemical Co? Buying financial instruments such as Eastman Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Eastman Stock Analysis
When running Eastman Chemical's price analysis, check to measure Eastman Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastman Chemical is operating at the current time. Most of Eastman Chemical's value examination focuses on studying past and present price action to predict the probability of Eastman Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Chemical's price. Additionally, you may evaluate how the addition of Eastman Chemical to your portfolios can decrease your overall portfolio volatility.