Is Eastman Kodak Stock a Good Investment?
Eastman Kodak Investment Advice | KODK |
- Examine Eastman Kodak's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Eastman Kodak's leadership team and their track record. Good management can help Eastman Kodak navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Eastman Kodak's business and its evolving consumer preferences.
- Compare Eastman Kodak's performance and market position to its competitors. Analyze how Eastman Kodak is positioned in terms of product offerings, innovation, and market share.
- Check if Eastman Kodak pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Eastman Kodak's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Eastman Kodak Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eastman Kodak Co is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Unstable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Eastman Kodak Stock
Researching Eastman Kodak's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 22.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Eastman Kodak has Price/Earnings (P/E) ratio of 232.67. The entity had not issued any dividends in recent years.
To determine if Eastman Kodak is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eastman Kodak's research are outlined below:
| Eastman Kodak had very high historical volatility over the last 90 days | |
| Eastman Kodak is unlikely to experience financial distress in the next 2 years | |
| About 22.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from patch.com: When Is Santa Claus Coming To Knoxville |
Eastman Kodak Quarterly Liabilities And Stockholders Equity |
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Eastman Kodak uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Eastman Kodak Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eastman Kodak's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Eastman Kodak's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Eastman Kodak is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastman Kodak Co backward and forwards among themselves. Eastman Kodak's institutional investor refers to the entity that pools money to purchase Eastman Kodak's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 849.5 K | Aqr Capital Management Llc | 2024-06-30 | 826.8 K | Wells Fargo & Co | 2024-06-30 | 787.1 K | American Century Companies Inc | 2024-09-30 | 734.8 K | Bridgeway Capital Management, Llc | 2024-06-30 | 598 K | Northern Trust Corp | 2024-09-30 | 539.9 K | Amvescap Plc. | 2024-06-30 | 461.8 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 408.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 372.2 K | Blackrock Inc | 2024-06-30 | 4.5 M | Vanguard Group Inc | 2024-09-30 | 3.9 M |
Eastman Kodak's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 441.4 M.Market Cap |
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Eastman Kodak's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.08 | 0.06 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.07 | 0.07 |
Determining Eastman Kodak's profitability involves analyzing its financial statements and using various financial metrics to determine if Eastman Kodak is a good buy. For example, gross profit margin measures Eastman Kodak's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eastman Kodak's profitability and make more informed investment decisions.
Eastman Kodak's Earnings Breakdown by Geography
Evaluate Eastman Kodak's management efficiency
Eastman Kodak has return on total asset (ROA) of 0.0393 % which means that it generated a profit of $0.0393 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0685 %, meaning that it created $0.0685 on every $100 dollars invested by stockholders. Eastman Kodak's management efficiency ratios could be used to measure how well Eastman Kodak manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Eastman Kodak's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.03 this year, although the value of Return On Capital Employed will most likely fall to 0.06. The value of Total Current Liabilities is estimated to slide to about 268.9 M. The value of Liabilities And Stockholders Equity is expected to slide to about 2.2 B| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.37 | 10.53 | |
| Tangible Book Value Per Share | 13.92 | 14.61 | |
| Enterprise Value Over EBITDA | 3.25 | 3.42 | |
| Price Book Value Ratio | 0.27 | 0.26 | |
| Enterprise Value Multiple | 3.25 | 3.42 | |
| Price Fair Value | 0.27 | 0.26 | |
| Enterprise Value | 403.9 M | 383.7 M |
Management at Eastman Kodak focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta 3.65 |
Basic technical analysis of Eastman Stock
As of the 21st of November, Eastman Kodak shows the Downside Deviation of 3.39, coefficient of variation of 1755.93, and Mean Deviation of 2.29. Eastman Kodak technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Eastman Kodak's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eastman Kodak insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eastman Kodak's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eastman Kodak insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
James Continenza over three months ago Disposition of 83883 shares by James Continenza of Eastman Kodak at 4.57 subject to Rule 16b-3 | ||
Go Ek Ventures Iv, Llc over three months ago Acquisition by Go Ek Ventures Iv, Llc of 14588 shares of Eastman Kodak at 10.0 subject to Rule 16b-3 | ||
Roger Byrd over three months ago Acquisition by Roger Byrd of 15000 shares of Eastman Kodak at 3.03 subject to Rule 16b-3 | ||
Bovenzi David over six months ago Disposition of 14778 shares by Bovenzi David of Eastman Kodak subject to Rule 16b-3 | ||
Richard Michaels over six months ago Disposition of 5000 shares by Richard Michaels of Eastman Kodak subject to Rule 16b-3 | ||
James Continenza over six months ago Disposition of 100000 shares by James Continenza of Eastman Kodak subject to Rule 16b-3 |
Eastman Kodak's Outstanding Corporate Bonds
Eastman Kodak issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eastman Kodak uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eastman bonds can be classified according to their maturity, which is the date when Eastman Kodak Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Eastman Kodak's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Eastman Kodak's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0509 | |||
| Market Risk Adjusted Performance | 0.1085 | |||
| Mean Deviation | 2.29 | |||
| Semi Deviation | 3.17 | |||
| Downside Deviation | 3.39 | |||
| Coefficient Of Variation | 1755.93 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.36 | |||
| Information Ratio | 0.0318 | |||
| Jensen Alpha | 0.0274 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.0985 | |||
| Maximum Drawdown | 26.51 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 6.81 | |||
| Downside Variance | 11.46 | |||
| Semi Variance | 10.04 | |||
| Expected Short fall | (2.83) | |||
| Skewness | 0.0432 | |||
| Kurtosis | 8.7 |
| Risk Adjusted Performance | 0.0509 | |||
| Market Risk Adjusted Performance | 0.1085 | |||
| Mean Deviation | 2.29 | |||
| Semi Deviation | 3.17 | |||
| Downside Deviation | 3.39 | |||
| Coefficient Of Variation | 1755.93 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.36 | |||
| Information Ratio | 0.0318 | |||
| Jensen Alpha | 0.0274 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.0985 | |||
| Maximum Drawdown | 26.51 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 6.81 | |||
| Downside Variance | 11.46 | |||
| Semi Variance | 10.04 | |||
| Expected Short fall | (2.83) | |||
| Skewness | 0.0432 | |||
| Kurtosis | 8.7 |
Consider Eastman Kodak's intraday indicators
Eastman Kodak intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eastman Kodak stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 91185.65 | |||
| Daily Balance Of Power | (0.71) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 5.36 | |||
| Day Typical Price | 5.29 | |||
| Price Action Indicator | (0.35) | |||
| Period Momentum Indicator | (0.32) | |||
| Relative Strength Index | 51.81 |
Eastman Kodak Corporate Filings
10Q | 12th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 23rd of August 2024 Other Reports | ViewVerify | |
| 31st of May 2024 Other Reports | ViewVerify |
Eastman Stock media impact
Far too much social signal, news, headlines, and media speculation about Eastman Kodak that are available to investors today. That information is available publicly through Eastman media outlets and privately through word of mouth or via Eastman internal channels. However, regardless of the origin, that massive amount of Eastman data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Eastman Kodak news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Eastman Kodak relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Eastman Kodak's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Eastman Kodak alpha.
Eastman Kodak Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Eastman Kodak can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Eastman Kodak Corporate Directors
| George Karfunkel | Independent Director | Profile | |
| Philippe Katz | Independent Director | Profile | |
| Jeffrey Engelberg | Independent Director | Profile | |
| William Parrett | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eastman Kodak 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 unemployment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Kodak. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Kodak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share 0.7 | Revenue Per Share 13.162 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0393 |
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Eastman Kodak's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.