$101.08
3.82% day before yesterday
NYSE, Nov 01, 09:00 pm CET
ISIN
US2774321002
Symbol
EMN

Eastman Chemical Company Target price 2024 - Analyst rating & recommendation

Eastman Chemical Company Classifications & Recommendation:

Buy
36%
Hold
64%

Eastman Chemical Company Price Target

Target Price $115.32
Price $101.08
Potential
Number of Estimates 19
19 Analysts have issued a price target Eastman Chemical Company 2025 . The average Eastman Chemical Company target price is $115.32. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 22 analysts: 8 Analysts recommend Eastman Chemical Company to buy, 14 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 9.36
12.69% 1.78%
EBITDA Margin 17.33% 19.21%
16.96% 10.85%
Net Margin 9.51% 8.95%
35.10% 5.91%

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

$9.4b
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. This is
2.46% 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 0.16%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $9.2b 12.69%
2024
$9.4b 1.78%
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2025
$9.8b 5.03%
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2026
$10.5b 7.01%
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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
11.55% 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 12.80%
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2025
$2.0b 9.82%
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2026
$2.1b 7.54%
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2027
$2.5b 16.77%
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EBITDA Margin

2023 17.33% 16.96%
2024
19.21% 10.85%
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2025
20.08% 4.53%
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2026
20.19% 0.55%
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2027
21.87% 8.32%
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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

$838m
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. This is
3.60% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$891m 2.58%
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, the lowest is
$744m 14.38%
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.

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

Net Profit Estimates

2023 $875m 17.95%
2024
$838m 4.24%
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2025
$1.0b 21.21%
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2026
$1.1b 10.18%
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Net Margin

2023 9.51% 35.10%
2024
8.95% 5.91%
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2025
10.33% 15.42%
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2026
10.63% 2.90%
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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 7.17
17.95% 4.27%
P/E 14.09
EV/Sales 1.75

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

$7.17
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. This is
3.63% 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
$7.63 2.55%
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, the lowest is
$6.37 14.38%
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.

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

Earnings Per Share

2023 $7.49 17.95%
2024
$7.17 4.27%
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2025
$8.69 21.20%
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2026
$9.58 10.24%
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P/E ratio

Current 13.58 8.37%
2024
14.09 3.76%
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2025
11.63 17.46%
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2026
10.55 9.29%
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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 1.80 25.00%
2024
1.75 2.66%
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2025
1.67 4.79%
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2026
1.56 6.55%
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2027
1.45 7.22%
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P/S ratio

Current 1.29 40.54%
2024
1.26 2.40%
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2025
1.20 4.79%
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2026
1.12 6.55%
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2027
1.04 7.21%
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