
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical's strategic transition from lower-margin commodity businesses to approximately 70% higher-margin specialty products is expected to enhance earnings consistency. The company's focus on strong execution, along with potential earnings upside from improved pricing/mix in its specialty business, indicates positive growth prospects. Additionally, anticipated strength in key segments such as Additives and Functional Products, along with favorable trends in ethylene and olefin pricing, supports a constructive outlook for the company.
Bears say
Eastman Chemical has reduced its exposure to commodity products, decreasing it to approximately 13% from 17% since 2010, yet the company continues to trade at a low multiple relative to its peers, indicating concerns about its valuation in comparison to the industry. The guidance for Q3 indicates a forecasted decline in EBIT quarter-over-quarter, reflecting ongoing operational challenges that may hinder financial performance. Furthermore, the company noted a pull-forward in demand in Europe during Q2, which could contribute to the weaker outlook and the lower EBIT guidance for the upcoming quarter.
This aggregate rating is based on analysts' research of Eastman Chemical and is not a guaranteed prediction by Public.com or investment advice.
Eastman Chemical (EMN) Analyst Forecast & Price Prediction
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