Analyzing Eastman Kodak Company (KODK) Stocks

By Chris Stiles • Tuesday, October 24 17:05 • Permanent Link

Eastman Kodak Company (KODK) — Overvalued With Unconvincing Growth Indicators

Eastman Kodak Company shares moved -27.0% over the last 52 weeks, with a high of $6.34 and a low of $2.78. During this time, the stock lagged the S&P 500 index by -38.0%. As of April 2023, the company's 50-day average price is $4.29. Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The small-cap Consumer Discretionary company has 4,200 full time employees and is based in Rochester, NY. Eastman Kodak Company has not offered any dividends in the last year.

Eastman Kodak Company has a trailing twelve month P/E ratio of 6.4 compared to the Consumer Discretionary sector's average of 22.33. However, Eastman Kodak Company is possibly undervalued in terms of its book value because its P/B ratio is 0.33 compared to its sector average of 3.12.

The company has an above average percentage of its shares sold short since 9.6% of the company's shares are tied to short positions. Institutions own 30.9% of Eastman Kodak Company's shares, while the insider ownership rate stands at 21.67%. which is a large amount of insider shareholders. The company's biggest shareholder is Blackrock Inc. with a 5% stake in the company worth $16,224,167.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.