What the Charts Say About the Big Picture: Eastman Chemical Company (EMN), SeaWorld Entertainment, Inc. (SEAS)

11 analysts out of 17 Wall Street brokerage firms rate Eastman Chemical Company (NYSE:EMN) as a Buy, while 0 see it as a Sell. The rest 6 describe it as a Hold. EMN stock traded higher to an intra-day high of $81.2. At one point in session, its potential discontinued and the price was down to lows at $79.195. Analysts have set EMN’s consensus price at $91.71, effectively giving it a 15.17% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $106 (up 33.12% from current price levels). EMN has a 18.8% ROE, higher than the 12.86% average for the industry. The average ROE for the sector is 8.49%.

It is expected that in Mar 2019 quarter EMN will have an EPS of $1.96, suggesting a -12.11% growth. For Jun 2019 is projected at $2.39. It means that there could be a 7.66% growth in the quarter. Yearly earnings are expected to rise by 6.83% to about $8.76. As for the coming year, growth will be about 12.33%, lifting earnings to $9.84. RSI after the last trading period was 44.28. EMN recorded a change of -0.36% over the past week and returned 9.76% over the last three months while the EMN stock’s monthly performance revealed a shift in price of -2.1%. The year to date (YTD) performance stands at 8.92%, and the bi-yearly performance specified an activity trend of -16.94% while the shares have moved -27.18% for the past 12 months.

Eastman Chemical Company (EMN) currently trades at $79.63, which is lower by -2.72% its previous price. It has a total of 141.44 million outstanding shares, with an ATR of around 1.82. The company’s stock volume dropped to 1.2 million, worse than 1.24 million that represents its 50-day average. A 5-day decrease of about -0.36% in its price means EMN is now 8.92% higher on year-to-date. The shares have surrendered $43380.37 since its $110.17 52-week high price recorded on 12th of June 2018. Overall, it has seen a growth rate of -27.18 over the last 12 months. The current price per share is $12.23 above the 52 week low of $67.40 set on 26th of December 2018.

Eastman Chemical Company (NYSE:EMN)’s EPS was $1.39 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $1.62. That means that its growth in general now stands at -14%. Therefore, a prediction of $1.61 given by the analysts brought a negative surprise of -14.%. EMN Dec 19 quarter revenue was $2.38 billion, compared to $2.36 billion recorded in same quarter last year, giving it a 1% growth rate. The company’s $0.02 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

SeaWorld Entertainment, Inc. (NYSE:SEAS) shares depreciated -1.95% over the last trading period, taking overall 5-day performance up to -1.27%. SEAS’s price now at $25.7 is weaker than the 50-day average of $25.79. Getting the trading period increased to 200 days, the stock price was seen at $25.55 on average. The general public currently hold control of a total of 49.4 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 80.27 million. The company’s management holds a total of 0.8%, while institutional investors hold about 87% of the remaining shares. SEAS share price finished last trade -1.3% below its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 0.74%, while closing the session with -0.06% distance from 50 day simple moving average.

SeaWorld Entertainment, Inc. (SEAS) shares were last observed trading -20.85% down since September 14, 2018 when the peak of $32.47 was hit. Last month’s price growth of -1% puts SEAS performance for the year now at 16.34%. Consequently, the shares price is trending higher by 85.29%, a 52-week worst price since Apr. 03, 2018. However, it is losing value with -17.36% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $25.23 and $25.47. The immediate resistance area is now $26.09 Williams’s %R (14) for SEAS moved to 72.35 while the stochastic %K points at 32.1.

SEAS’s beta is 1.53; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $0.5 per share from its yearly profit to its outstanding shares. Its last reported revenue is $280.03 million, which was 5% versus $265.51 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $-0.13 compared to $-0.24 in the year-ago quarter and had represented -46% year-over-year earnings per share growth. SEAS’s ROA is 2.1%, lower than the 7.58% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 6.9%.

Estimated quarterly earnings for SeaWorld Entertainment, Inc. (NYSE:SEAS) are around $-0.62 per share in three months through March with $0.51 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -16.98% and 50%, respectively. Analysts estimate full-year growth to be 20.59%, the target being $1.23 a share. The upcoming year will see an increase in growth by percentage to 17.89%, more likely to see it hit the $1.45 per share. The firm’s current profit margin over the past 12 months is 3.3%. SEAS ranks lower in comparison to an average of 14.39% for industry peers; while the average for the sector is 12.89%.