$97.17
0.86% day before yesterday
NYSE, Sep 06, 10:10 pm CET
ISIN
US2774321002
Symbol
EMN

Eastman Chemical Company Target price 2024 - Analyst rating & recommendation

Eastman Chemical Company Classifications & Recommendation:

Buy
45%
Hold
55%

Eastman Chemical Company Price Target

Target Price $112.74
Price $97.17
Potential
Number of Estimates 19
19 Analysts have issued a price target Eastman Chemical Company 2025 . The average Eastman Chemical Company target price is $112.74. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 22 analysts: 10 Analysts recommend Eastman Chemical Company to buy, 12 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Eastman Chemical Company stock has an average upside potential 2025 of . Most analysts recommend the Eastman Chemical Company stock at Hold.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 9.20 9.35
12.69% 1.61%
EBITDA Margin 17.33% 19.27%
16.96% 11.20%
Net Margin 9.51% 9.13%
35.10% 4.02%

16 Analysts have issued a sales forecast Eastman Chemical Company 2024 . The average Eastman Chemical Company sales estimate is

$9.3b
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. This is
2.29% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$9.5b 4.33%
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, the lowest is
$9.2b 0.19%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $9.2b 12.69%
2024
$9.3b 1.61%
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2025
$9.8b 5.23%
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2026
$10.5b 6.98%
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2027
$11.3b 7.78%
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18 Analysts have issued an Eastman Chemical Company EBITDA forecast 2024. The average Eastman Chemical Company EBITDA estimate is

$1.8b
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. This is
11.72% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.8b 14.08%
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, the lowest is
$1.8b 9.49%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.6b 2.11%
2024
$1.8b 12.98%
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2025
$2.0b 9.74%
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2026
$2.1b 8.03%
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2027
$2.5b 16.15%
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EBITDA Margin

2023 17.33% 16.96%
2024
19.27% 11.20%
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2025
20.09% 4.26%
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2026
20.29% 1.00%
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2027
21.87% 7.79%
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7 Eastman Chemical Company Analysts have issued a net profit forecast 2024. The average Eastman Chemical Company net profit estimate is

$853m
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. This is
1.80% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$906m 4.23%
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, the lowest is
$827m 4.84%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $875m 17.95%
2024
$853m 2.45%
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2025
$1.0b 20.07%
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2026
$1.1b 10.67%
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Net Margin

2023 9.51% 35.10%
2024
9.13% 4.02%
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2025
10.42% 14.13%
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2026
10.78% 3.45%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 7.49 7.31
17.95% 2.40%
P/E 13.30
EV/Sales 1.71

7 Analysts have issued a Eastman Chemical Company forecast for earnings per share. The average Eastman Chemical Company <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$7.31
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. This is
1.75% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$7.75 4.17%
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, the lowest is
$7.08 4.84%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $7.49 17.95%
2024
$7.31 2.40%
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2025
$8.77 19.97%
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2026
$9.71 10.72%
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P/E ratio

Current 13.06 7.05%
2024
13.30 1.84%
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2025
11.08 16.69%
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2026
10.01 9.66%
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Based on analysts' sales estimates for 2024, the Eastman Chemical Company stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.75 12.18%
2024
1.71 2.50%
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2025
1.62 4.97%
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2026
1.52 6.52%
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2027
1.41 7.22%
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P/S ratio

Current 1.24 19.28%
2024
1.22 2.24%
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2025
1.15 4.97%
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2026
1.08 6.52%
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2027
1.00 7.22%
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