Key Takeaways:
- Eastman Chemical (EMN, Financial) shares saw a 4.7% drop post-earnings despite surpassing expectations with a 19% rise in adjusted earnings per share.
- Analysts predict a potential upside of 32.47% from the current share price, with an average price target of $107.06.
- The company's GF Value indicates a 15.24% potential upside, marking it as a stock to watch.
Eastman Chemical's Recent Performance: A Closer Look
In a challenging economic landscape affected by tariffs and uncertainty, Eastman Chemical (EMN) reported a slight 1% decrease in first-quarter revenue to $2.29 billion, falling short of forecasts. Despite this revenue setback, the company achieved a significant milestone with a 19% increase in adjusted earnings, rising to $1.91 per share and exceeding analyst expectations. This performance highlights Eastman's resilience and operational efficiency in navigating a complex market environment.
Wall Street's Perspective: Analyst Forecasts and Recommendations
Wall Street analysts remain optimistic about Eastman Chemical Co's prospects. According to insights from 19 analysts, the average one-year price target for EMN stands at $107.06, with a spectrum ranging from a high of $125.00 to a low of $90.00. This average target suggests a robust upside potential of 32.47% relative to the current share price of $80.82. For a comprehensive breakdown of these estimates, visit the Eastman Chemical Co (EMN, Financial) Forecast page.
Brokerage Ratings: Consensus and Interpretation
From the collective analysis of 21 brokerage firms, Eastman Chemical Co (EMN, Financial) has garnered an average brokerage recommendation of 2.1, equating to an "Outperform" status. This consensus reflects a generally positive sentiment, as the rating scale ranges from 1 (Strong Buy) to 5 (Sell), positioning EMN closer to buy recommendations.
GuruFocus Evaluation: Understanding the GF Value
Delving into proprietary metrics, the GF Value for Eastman Chemical Co (EMN, Financial) is estimated at $93.14 for the upcoming year, pointing to a potential upside of 15.24% from its present value of $80.82. This metric, derived from historical trading multiples and projected business growth, provides a holistic estimate of the fair value at which the stock should ideally be traded. For further insights, explore the Eastman Chemical Co (EMN) Summary page.
