Illegal Activity
none
Blackmail
none
Date
2014-07-29
Document Type
research report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This Deutsche Bank research report analyzes Eastman Chemical's recent stock performance, Q2 earnings, and future guidance. It recommends a 'Buy' rating, citing an unwarranted share price decline and compelling valuation, despite concerns over lowered EPS guidance.
Metadata
- Subject
- Eastman Chemical - Share Price Decline Unwarranted
- Sender
- David Begleiter (Research Analyst)
- Recipients
- —
- Document ID
- DB-SDNY-0102752, SDNY_GM_00248936, EFTA01447955
- Date
- 2014-07-29
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Deutsche Bank | business | Eastman Chemical | Deutsche Bank does and seeks to do business with companies covered in its research reports. |
| David Begleiter | employment | Deutsche Bank | David Begleiter is a Research Analyst at Deutsche Bank. |
Notable Quotes 2
Eastman shares fell 8% despite a solid Q2 beat and the reaffirming of '14 guidance as investors focused on i) new '15 guidance of $7.50-$8.00 (vs $8 previously) and ii) a lowering of '14 Fibers (largest and highest margin segment) EBIT guidance by 6%.
With valuation a compelling 10.6x '15 EPS vs 14.8x for Dow and Q2 evidencing a more predictable and resilient earnings generator, Buy.
Financial Information
Amounts:100.00 USD81.57 USD7.50-8.00 USD6.70-37.00 USD1.92 USD0.08 USD10MM USD10MM USD0.05 USD1.88 USD0.01 USD441MM USD100MM USD640MM USD16 USD6.70-7.00 USD6.93 USD0.05 USD36.90 USD0.05 USD7.70 USD0.30 USD56.75-6.95 USD20MM USD0.10 USD500MM USD480MM USD550MM USD50MM USD0.20 USD0.15-0.20 USD0.10 USD0.35 USD0.20 USD0.05 USD6.90 USD0.05 USD7.70 USD6.44 USD6.90 USD7.70 USD
Transactions:
- Eastman repurchased $100MM of stock in Q2 and has $640MM left under its $16 authorization.
Public Knowledge
- Context
- Financial analysis of a publicly traded company is generally of interest to the media.
- Media Worthy
- Yes
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
People 3
Organizations 5
Deutsche BankEastman ChemicalDowSolutiaDeutsche Bank Securities Inc.
Locations 5
North AmericaUnited StatesKingsport plantLongview, TXChina
Text Analysis
- Tone
- Professional
- Purpose
- To provide an analysis of Eastman Chemical's stock performance and future prospects, including a recommendation to buy.
- Significance
- The document provides financial analysis and investment advice regarding Eastman Chemical, including earnings projections and target price.
File Info
- File Name
- EFTA01447955.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:26.088663
- DOJ Source
- View on DOJ