Inside Eastman Chemical’s Latest Valuations
On March 28, EMN’s one-year forward PE ratio was 10.70x. Dow Chemical’s, DuPont’s, and LyondellBasell’s ratios were 15.50x, 21.80x, and 9.20x, respectively.
As of March 28, 2016, about 65% of the analysts covering Eastman Chemical (EMN) stock have recommended a “buy,” while 35% have recommended a “hold.”
With Eastman Chemical (EMN) declaring a quarterly dividend of $0.51 per share, its current dividend yield stands at 2.6%.
On February 16, 2017, Eastman Chemical (EMN) announced a quarterly dividend of $0.51 per share on the company’s outstanding common stock.
As of March 27, 2017, Eastman Chemical’s (EMN) YTD stock performance has improved at a slow pace, returning a mere ~3.6%.
On March 20, 2017, Eastman Chemical (EMN) announced an increase in the prices of methyl acetate.
On March 21, 2017, Sherwin-Williams (SHW) and Valspar (VAL) extended the closure date of their merger agreement to June 21 from the previously announced March 21, 2017.
On March 23, Celanese (CE), announced that prices of acesulfame potassium, sold globally under the Sunett trademark, would increase to three euros (or $3.21) per kilogram.
On March 20, 2017, PPG Industries (PPG) made a revised offer to AkzoNobel of 90.00 euros per share, an increase of 7.00 euros from its initial bid.
On March 21, 2017, HB Fuller (FUL) announced that it had officially opened its new business office and research and development center at its Shirwal manufacturing facility in India.
As of March 23, 2017, 14 brokerage firms were tracking the International Flavors and Fragrances (IFF) stock actively.
As of March 23, 2017, International Flavors & Fragrances (IFF) stock price closed at $135.07.
On March 7, 2017, International Flavors & Fragrances (IFF) announced a dividend of $0.64 per share on the company’s outstanding common stock.
Considering Akzo’s stock price growth, PPG Industries’ (PPG) revised offer of 90 euros per share seems attractive.
As of March 23, 2017, 21 brokerage firms were actively tracking PPG Industries (PPG) stock.
In the past three weeks, PPG Industries (PPG) has made two proposals in an attempt to take over rival AkzoNobel.
As of March 21, Dow Chemical (DOW) traded at a one-year forward PE multiple of 15.50x—compared to its peers Eastman Chemical and LyondellBasell.
As of March 21, 2017, 21 brokerage firms were actively tracking Dow Chemical (DOW) stock. Among them, 76% of the analysts recommended the stock as a “buy.”
As of March 20, 2017, Dow Chemical’s (DOW) stock price closed at $64.50. Dow Chemical declared a 1Q17 quarterly dividend of $0.46 per share.
On February 9, 2017, Dow Chemical (DOW) announced a dividend of $0.46 per share for 1Q17 on the company’s outstanding common stock.