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Analysts See $-0.55 EPS for Summit Materials, Inc. (SUM); Eastman Chemical Company (EMN) Covered By 9 Bullish Analysts Last Week

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Analysts expect Summit Materials, Inc. (NYSE:SUM) to report $-0.55 EPS on May, 2.They anticipate $0.06 EPS change or 12.24% from last quarter’s $-0.49 EPS. After having $0.46 EPS previously, Summit Materials, Inc.’s analysts see -219.57% EPS growth. The stock increased 1.88% or $0.56 during the last trading session, reaching $30.28. About 1.10 million shares traded. Summit Materials, Inc. (NYSE:SUM) has risen 30.65% since March 31, 2017 and is uptrending. It has outperformed by 19.10% the S&P500.

Among 17 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 6 Hold. Therefore 53% are positive. Eastman Chemical Company had 58 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Wednesday, September 7. The rating was maintained by UBS with “Buy” on Friday, October 27. The stock of Eastman Chemical Company (NYSE:EMN) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, March 17. On Thursday, August 24 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, February 4 report. RBC Capital Markets maintained it with “Sector Perform” rating and $75 target in Monday, October 31 report. The company was maintained on Thursday, August 20 by Deutsche Bank. The firm has “Hold” rating by RBC Capital Markets given on Monday, October 30. Nomura downgraded the stock to “Neutral” rating in Tuesday, October 10 report. Citigroup maintained the shares of EMN in report on Wednesday, July 12 with “Neutral” rating. See Eastman Chemical Company (NYSE:EMN) latest ratings:

09/03/2018 Broker: Jefferies Rating: Buy New Target: $125.0 Maintain
20/02/2018 Broker: Wells Fargo Rating: Buy New Target: $115.0 Maintain
07/02/2018 Broker: Cowen & Co Rating: Buy New Target: $115.0 Maintain
06/02/2018 Broker: Jefferies Rating: Buy New Target: $120.0 Maintain
05/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $100 New Target: $108 Maintain
04/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $105.0 Maintain
02/02/2018 Broker: SunTrust Rating: Hold New Target: $105.0 Maintain
25/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $97.0 Maintain
08/01/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $118.0 Maintain
08/12/2017 Broker: Cowen & Co Rating: Buy New Target: $106.0 Maintain

Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.01, from 1.18 in 2017Q3. It is negative, as 32 investors sold Eastman Chemical Company shares while 187 reduced holdings. 74 funds opened positions while 182 raised stakes. 116.74 million shares or 0.76% more from 115.86 million shares in 2017Q3 were reported. Comm Bank & Trust invested 0.01% in Eastman Chemical Company (NYSE:EMN). Laurion Lp holds 0.05% or 108,213 shares. Brandywine Glob Inv Lc reported 1.22M shares stake. Tiaa Cref Inv Management Ltd Co has 0.02% invested in Eastman Chemical Company (NYSE:EMN) for 294,517 shares. Carnegie Cap Asset Mngmt Lc invested 0.03% of its portfolio in Eastman Chemical Company (NYSE:EMN). 2,295 are owned by Ibm Retirement Fund. Vestor Cap Limited Liability Com owns 10,568 shares for 0.21% of their portfolio. Hallmark Capital Inc invested in 1.83% or 163,998 shares. Rhumbline Advisers, Massachusetts-based fund reported 274,994 shares. Loomis Sayles & Limited Partnership invested 0% of its portfolio in Eastman Chemical Company (NYSE:EMN). Minnesota-based Gradient Invests Ltd Co has invested 0% in Eastman Chemical Company (NYSE:EMN). Cornerstone holds 0.02% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 344 shares. First Fincl Bank Of Mount Dora Tru Invest Serv has invested 1.13% of its portfolio in Eastman Chemical Company (NYSE:EMN). New Jersey-based Peapack Gladstone Fin has invested 0.02% in Eastman Chemical Company (NYSE:EMN). Van Hulzen Asset Limited Liability Corporation reported 3,821 shares or 0.11% of all its holdings.

Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. The company has market cap of $15.09 billion. The companyÂ’s Additives & Functional Products segment offers specialty coalescents, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; sulfur and antidegradant rubber additives; performance resins and amine-derivative building blocks; heat transfer and aviation fluids; formic-acid based solutions; and metam based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. It has a 11.15 P/E ratio. The Company’s products are used in coatings, tires, consumables, building and construction, animal nutrition, care chemical, crop protection, and energy markets.

The stock increased 1.34% or $1.4 during the last trading session, reaching $105.58. About 1.19M shares traded. Eastman Chemical Company (NYSE:EMN) has risen 34.74% since March 31, 2017 and is uptrending. It has outperformed by 23.19% the S&P500.

Since October 31, 2017, it had 0 insider purchases, and 9 sales for $8.41 million activity. 4,000 Eastman Chemical Company (NYSE:EMN) shares with value of $406,360 were sold by RAISBECK DAVID W. 4,000 shares were sold by DEMERITT STEPHEN R, worth $399,360 on Wednesday, February 7. On Friday, February 9 the insider BOLDEA LUCIAN sold $315,875. On Friday, February 23 the insider WARMACK DAMON CARY sold $277,016. King Scott V. sold $996,437 worth of Eastman Chemical Company (NYSE:EMN) on Thursday, March 1. $4.70M worth of Eastman Chemical Company (NYSE:EMN) was sold by ESPELAND CURTIS E. $400,000 worth of Eastman Chemical Company (NYSE:EMN) was sold by Anderson Gary E.

Among 15 analysts covering Summit Materials (NYSE:SUM), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. Summit Materials had 38 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of Summit Materials, Inc. (NYSE:SUM) earned “Buy” rating by RBC Capital Markets on Friday, August 28. The firm has “Buy” rating by Citigroup given on Thursday, January 25. Bank of America upgraded the stock to “Buy” rating in Thursday, October 8 report. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, September 6. The stock of Summit Materials, Inc. (NYSE:SUM) earned “Buy” rating by DA Davidson on Monday, August 17. The firm has “Buy” rating given on Tuesday, October 10 by RBC Capital Markets. The company was upgraded on Friday, October 2 by Goldman Sachs. As per Tuesday, October 31, the company rating was maintained by Bank of America. The firm earned “Buy” rating on Wednesday, September 6 by RBC Capital Markets. The company was initiated on Tuesday, August 18 by Citigroup.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The company has market cap of $3.45 billion. The Company’s products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. It has a 27.28 P/E ratio. The firm also provides paving and related services to private and public infrastructure sectors.

Eastman Chemical Company (NYSE:EMN) Institutional Positions Chart

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