Added to YB: 2024-07-12
Pitch date: 2024-07-10
EMN [bullish]
Eastman Chemical Company
-14.83%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally.
Market Cap
$9.1B
Pitch Price
$91.60
Price Target
N/A
Dividend
4.20%
EV/EBITDA
8.62
P/E
19.53
EV/Sales
1.56
Sector
Chemicals
Category
growth
Show full summary:
ClearBridge ESG Investment Strategy Portfolio Holding - Eastman Chemical Company
EMN: Innovative chemical recycling tech (PRT & CRT) for plastics; competitive edge in molecular recycling. 1st plant operational in TN, 2nd planned in TX w/ Pepsi as anchor customer. EU's new packaging rules boost demand. Take-or-pay contracts improve earnings visibility. Helps companies meet recycled content goals. Potential for valuation re-rating.
Read full article (2 min)