Eastman Chemical stock hits 52-week low at 63.63 USD

Published 01/08/2025, 14:34
Eastman Chemical stock hits 52-week low at 63.63 USD

Eastman Chemical stock reached a 52-week low, touching a price of 63.63 USD, with InvestingPro analysis indicating the stock is trading significantly below its Fair Value, suggesting potential upside opportunity. This decline is part of a broader downward trend for the company, as evidenced by a significant 1-year change of -34.99%. Despite market pressures, the company maintains a solid P/E ratio of 9.15 and offers an attractive dividend yield of 4.57%, having maintained dividend payments for 32 consecutive years. The chemical giant has faced various market pressures over the past year, contributing to this substantial decrease in stock value. The new 52-week low highlights ongoing challenges for Eastman Chemical in maintaining investor confidence amid fluctuating market conditions. For deeper insights into EMN’s valuation and 8 additional exclusive ProTips, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Eastman Chemical Company (NYSE:EMN) reported its Q2 2025 earnings, which did not meet analysts’ forecasts. The company announced an earnings per share (EPS) of $1.60, falling short of the anticipated $1.73. Additionally, Eastman Chemical’s revenue was reported at 2.29 billion dollars, slightly below the expected 2.30 billion dollars. These results have caught the attention of investors and analysts alike. Analysts from various firms are closely monitoring the company’s performance following this earnings report. There have been no recent reports of mergers or acquisitions involving Eastman Chemical. Analyst firms have yet to release any significant upgrades or downgrades for Eastman Chemical’s stock following the earnings announcement. The company’s recent financial performance has become a focal point for market watchers.

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