EMN Eastman Chemical Dashboard

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world- class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2019 revenues of approximately $9.3 billion and is headquartered in Kingsport, Tennessee, USA.

Company profile

Ticker

EMN

Exchange

NYSE

Website

www.eastman.com

CEO

Mark Costa

Incorporated

Delaware

Location

Tennessee

Fiscal year end

Dec 31

Sector

Manufacturing > Plastics Material and Resin Manufacturing

Industry (SIC)

Plastic Materials, Synth Resins & Nonvulcan Elastomers

DuPont de Nemours • Dow • Hexion • Albemarle • Dow Chemical • Trinseo • Avient • Hexcel • Kraton • AdvanSix ...

SEC CIK

0000915389

Corporate docs

Articles of Incorporation & Bylaws

IRS number

621539359

EMN stock data

S&P 500

1M 1Y 2Y 5Y

News

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Expert Ratings For Eastman Chemical

22 Jun 21

Within the last quarter, Eastman Chemical (NYSE:EMN) has observed the following analyst ratings: Last 30 Days 1 Month Ago 2 Months Ago

10 Biggest Price Target Changes For Tuesday

22 Jun 21

Goldman Sachs lowered Casey's General Stores, Inc. (NASDAQ: CASY) price target from $240 to $215. Casey's shares rose 2.5% to close at $201.89 on Monday.

Wells Fargo Maintains Overweight on Eastman Chemical, Raises Price Target to $142

22 Jun 21

Wells Fargo analyst Michael Sison maintains Eastman Chemical (NYSE:EMN) with a Overweight and raises the price target from $130 to $142.

What 8 Analyst Ratings Have To Say About Eastman Chemical

21 Jun 21

Benzinga's Top Ratings Upgrades, Downgrades For June 21, 2021

21 Jun 21

Press releases

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Eastman announces project with USAMP and PADNOS for fully circular recycling study in automotive market

20 Jul 21

New closed-loop technology will provide cost-effective solution to create new sustainable materials from automotive plastic waste KINGSPORT, Tenn., July 20, 2021 /CNW/ -- Eastman (NYSE:EMN) today announced a

Eastman announces project with USAMP and PADNOS for fully circular recycling study in automotive market

20 Jul 21

New closed-loop technology will provide cost-effective solution to create new sustainable materials from automotive plastic waste KINGSPORT, Tenn., July 20, 2021 /PRNewswire/ -- Eastman (NYSE:EMN) today announced a

REVISED: Start Time Changed for Eastman Second-Quarter 2021 Financial Results Teleconference and Webcast

19 Jul 21

Event UPDATE: Start Time Changed for Eastman Second-Quarter 2021 Financial Results Teleconference and Webcast. The event will now begin at 9:00 a.m. ET, rather than the 8:00 a.m. ET start time previously announced.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Eastman Chemical Company (EMN)

16 Jul 21

Eastman Schedules Second-Quarter 2021 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

13 Jul 21

Calendar

3 May 21

27 Jul 21

31 Dec 21

Financial summary

Financial statements Chart EMN financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	540M	540M	540M	540M	540M	540M
Cash burn (monthly)	8M	11.67M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	31.07M	45.32M	n/a	n/a	n/a	n/a
Cash remaining	508.93M	494.68M	n/a	n/a	n/a	n/a
Runway (months of cash)	63.6	42.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

EMN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jun 21	Perry Stuckey	Common Stock	Sell	Dispose S	No	Yes	130.03	6,305	819.84K	36,396
1 Jun 21	Perry Stuckey	Common Stock	Option exercise	Aquire M	No	Yes	65.16	6,305	410.83K	42,701
1 Jun 21	Perry Stuckey	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	65.16	6,305	410.83K	0
1 Jun 21	Scott V. King	Common Stock	Payment of exercise	Dispose F	No	No	130.03	2,791	362.91K	12,127
1 Jun 21	Scott V. King	Common Stock	Option exercise	Aquire M	No	No	0	7,091	0	14,918
1 Jun 21	Scott V. King	RSU Common Stock	Option exercise	Dispose M	No	No	0	7,091	0	0
17 May 21	Perry Stuckey	Common Stock	Sell	Dispose S	No	Yes	130.01	12,231	1.59M	36,396
17 May 21	Perry Stuckey	Common Stock	Option exercise	Aquire M	No	Yes	65.16	12,231	796.97K	48,627
17 May 21	Perry Stuckey	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	65.16	12,231	796.97K	6,305

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

EMN institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	718	685	+4.8%
Opened positions	101	127	-20.5%
Closed positions	68	62	+9.7%
Increased positions	255	203	+25.6%
Reduced positions	243	247	-1.6%

13F shares	Current	Prev Q	Change
Total value	12.64B	11.55B	+9.5%
Total shares	114.78M	115.18M	-0.3%
Total puts	331.73K	264.8K	+25.3%
Total calls	455.43K	279.7K	+62.8%
Total put/call ratio	0.7	0.9	-23.1%

Largest owners	Shares	Value	Change
Vanguard	15.8M	$1.74B	+7.0%
JPM JPMorgan Chase & Co.	11.83M	$1.3B	-8.4%
Capital World Investors	10.42M	$1.15B	+2.5%
BLK Blackrock	9.57M	$1.05B	+3.8%
STT State Street	6.31M	$698.59M	+3.6%
IVZ Invesco	3.28M	$360.7M	+28.8%
LSV Asset Management	2.85M	$314.07M	-12.4%
Geode Capital Management	2.59M	$284.35M	+0.7%
Victory Capital Management	2.41M	$264.87M	-5.9%
Dimensional Fund Advisors	2.37M	$261.43M	-0.4%

Largest transactions	Shares	Bought/sold	Change
AMP Ameriprise Financial	1.08M	-1.42M	-56.8%
Charles Schwab Investment Management	958.53K	-1.33M	-58.2%
JPM JPMorgan Chase & Co.	11.83M	-1.09M	-8.4%
Vanguard	15.8M	+1.03M	+7.0%
Eagle Asset Management	818.32K	+818.32K	NEW
IVZ Invesco	3.28M	+732.02K	+28.8%
LSV Asset Management	2.85M	-402.89K	-12.4%
BLK Blackrock	9.57M	+353.24K	+3.8%
Lazard Asset Management	454.64K	+325.43K	+251.9%
American Century Companies	10.46K	-285.95K	-96.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

XPEL Inc - Reg S

Management Discussion

Sales revenue increased in first quarter 2021 compared to first quarter 2020 as a result of increases in all operating segments. Further discussion by operating segment is presented in "Summary by Operating Segment" in this MD&A.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Bad

New words: aggressive, auto, challenge, country, cybersecurity, durable, encourage, exceed, feed, food, holiday, human, incentive, modified, molecular, outage, release, repay, routine, sale, Storm, threshold, tobacco, transformation, unique, Uri, Winter, worldwide

Removed: account, Additionally, air, alleging, altering, annually, assessed, attrition, avoid, borrowed, Brexit, burden, capitalized, civil, Clean, Codification, Collaborative, collected, combination, commenced, competitive, consistently, consumable, continuation, copolyester, crediting, decision, defend, departure, depreciated, deterioration, dilution, discounted, discretionary, Disease, dividend, ease, ECFC, ending, EPA, European, expect, expired, extensive, Facilitation, finalization, fiscal, framework, frequently, guidance, home, impacting, implemented, improve, infrequent, initial, Instruction, interaction, largest, leasing, lender, loan, lost, maintenance, met, methodology, Michigan, minimize, monitor, negotiated, newly, originally, partial, penalty, permit, permitted, primary, priority, quality, reclassification, recognizing, reducing, regain, Region, renew, repaid, replace, replaced, retrospective, retrospectively, satisfy, securitization, sharing, simplification, slightly, spread, stakeholder, stranded, subsequently, taxing, test, Trenton, Union, vendor, vigorously, violated, weakened, work

From filing 10-Q 2021 Q1