Saturday, July 7, 2007

Eastman Chemical

Eastman Chemical is among the world’s largest Diversified Chemicals sector businesses in the world.  Eastman Chemical’s employees generate $381.0M in profits on $7.442B of revenue.  Global output in the Diversified Chemicals business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Eastman Chemical is determined to remain a market leader.  Sectoral leadership in the Diversified Chemicals segment takes dedication and consistency, but management seeks out-sized growth.

Eastman Chemical’s ticker symbol EMN has recently been trading near $65.98 a share.  The Eastman Chemical corporate headquarters in Kingsport, TN predicts Diversified Chemicals profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $5.549B ensures sufficient liquidity.  With a beta of 1.25, the company is more volatile than the market as a whole.  When the average equity moves higher, Eastman Chemical moves more aggressively.

0 comments: