Zacks Research Forecasts Lower Earnings for Eastman Chemical

Eastman Chemical Company (NYSE:EMN) – Research analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for Eastman Chemical in a report issued on Tuesday, July 29th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings per share of $1.72 for the quarter, down from their prior estimate of $1.79. The consensus estimate for Eastman Chemical’s current full-year earnings is $8.55 per share. Zacks Research also issued estimates for Eastman Chemical’s Q3 2025 earnings at $1.80 EPS, Q4 2025 earnings at $1.65 EPS, FY2025 earnings at $7.08 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.84 EPS, Q3 2026 earnings at $2.00 EPS, Q4 2026 earnings at $2.05 EPS, FY2026 earnings at $7.77 EPS, Q1 2027 earnings at $2.12 EPS, Q2 2027 earnings at $1.96 EPS and FY2027 earnings at $8.54 EPS.

A number of other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. restated a “neutral” rating and issued a $76.00 price target (down previously from $112.00) on shares of Eastman Chemical in a research note on Monday, April 28th. Barclays cut their target price on shares of Eastman Chemical from $108.00 to $85.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 29th. Royal Bank Of Canada raised shares of Eastman Chemical from a “sector perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a report on Wednesday, April 9th. The Goldman Sachs Group cut their price objective on shares of Eastman Chemical from $112.00 to $87.00 and set a “neutral” rating for the company in a research report on Monday, April 28th. Finally, Wells Fargo & Company decreased their target price on Eastman Chemical from $125.00 to $90.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 9th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $97.08.

Eastman Chemical Price Performance

NYSE:EMN opened at $73.41 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.72 and a debt-to-equity ratio of 0.80. Eastman Chemical has a 12-month low of $70.90 and a 12-month high of $114.50. The stock’s 50 day moving average price is $78.48 and its two-hundred day moving average price is $85.00. The firm has a market capitalization of $8.48 billion, a price-to-earnings ratio of 9.34, a P/E/G ratio of 2.18 and a beta of 1.22.

Hedge Funds Weigh In On Eastman Chemical

A number of institutional investors have recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB raised its stake in Eastman Chemical by 65.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 369 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 146 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Eastman Chemical in the 2nd quarter worth about $32,000. National Pension Service boosted its holdings in shares of Eastman Chemical by 75.3% during the 1st quarter. National Pension Service now owns 433 shares of the basic materials company’s stock worth $38,000 after buying an additional 186 shares in the last quarter. Headlands Technologies LLC bought a new stake in Eastman Chemical in the fourth quarter valued at $43,000. Finally, Orion Capital Management LLC bought a new stake in Eastman Chemical in the 4th quarter valued at about $47,000. Institutional investors and hedge funds own 83.65% of the company’s stock.

About Eastman Chemical

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids.