Eastman Chemical Company (EMN) Stock Forecast & Price Target
Eastman Chemical Company · NYSE
$68.13+0.45 (+0.66%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering Eastman Chemical Company, 7 rate it Buy or better, 5 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $65.00 to $88.00, so the covering firms are broadly aligned. The average target of $78.27 sits 15% above the current $68.13. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 6 to 7 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.89 next quarter toward $6.87 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Moderate Buy
Strong Buy00%
Buy758%
Hold542%
Sell00%
Strong Sell00%
Based on 12 analysts giving stock ratings to Eastman Chemical Company.
As of Jul, 7 of 12 firms rate EMN a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
EMN EPS & revenue forecast
EPS · NEXT QUARTER
$1.89
Range $1.69 – $2.21 · 13 analysts · +66% YoY
Next period, 13 analysts expect Eastman Chemical Company to earn $1.89 a share (range $1.69 – $2.21), versus $1.14 a year earlier. Full-year consensus is $6.28, growing to $6.87 the year after.
REVENUE · NEXT QUARTER
$2.4B
Range $2.3B – $2.5B · 13 analysts · +8% YoY
Revenue is expected to reach $2.4B (range $2.3B – $2.5B), +7.7% year-over-year. Full-year consensus is $9.1B, 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
Michael Leithead
Barclays · Rank #34
Hold
$85.00+24.8% to target
Overall win rate
57%
+ Follow
#2
Joshua Spector
UBS · Rank #48
Buy
$88.00+29.2% to target
Overall win rate
50%
+ Follow
#3
Jeffrey Zekauskas
JP Morgan · Rank #53
Buy
$82.00+20.4% to target
Overall win rate
54%
+ Follow
#4
Michael Sison
Wells Fargo · Rank #183
Hold
$80.00+17.4% to target
Overall win rate
45%
+ Follow
#5
DB
David Begleiter
Deutsche Bank · Rank #282
Hold
$82.00+20.4% to target
Overall win rate
31%
+ Follow
EMN stock forecast FAQ
What is EMN's average 12-month price target?+
The 11 analysts with a live target average $78.27 for Eastman Chemical Company over the next 12 months, ranging from a $88.00 high to a $65.00 low.
Is EMN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 12 analyst ratings, 7 are Buy or Strong Buy, 5 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for EMN?+
The Street-high target is $88.00 (UBS), and the Street-low is $65.00 (Goldman Sachs). The average of all 11 active targets is $78.27.
How many Wall Street analysts cover EMN?+
12 analysts have an active rating on Eastman Chemical Company, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering EMN?+
Among analysts who currently cover EMN, Michael Leithead of Barclays has the strongest overall Quantellect track record (Rank #34). Their current call is Hold with a $85.00 target.
What is Eastman Chemical Company's projected EPS for next quarter?+
The consensus estimate is $1.89 per share (range $1.69 – $2.21) across 13 analysts. Full-year EPS is projected at $6.28, rising to $6.87 the following year.
How much revenue is Eastman Chemical Company expected to report next quarter?+
Consensus revenue is $2.4B (range $2.3B – $2.5B). Full-year revenue is projected at $9.1B, growing to $9.4B next year.
Have analysts been upgrading or downgrading EMN lately?+
As of Jul, 7 of 12 firms rate EMN a Buy (5 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.
