Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Eastman Kodak Co before investing.

In this article, we go over a few key elements for understanding Eastman Kodak Co’s stock price such as:

• Eastman Kodak Co’s current stock price and volume
• Why Eastman Kodak Co’s stock price changed recently
• Upgrades and downgrades for KODK from analysts
• KODK’s stock price momentum as measured by its relative strength

About Eastman Kodak Co (KODK)

Before we jump into Eastman Kodak Co’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Eastman Kodak Company is a manufacturer focused on commercial print and advanced materials and chemicals. The Company provides hardware, software, consumables and services primarily to customers in commercial print, packaging, publishing, manufacturing and entertainment. The Company operates through three segments: Print, Advanced Materials and Chemicals, Brand, and All Other. The Print segment is comprised of five lines of business: the Prepress Solutions business, the PROSPER business, the Software business, the Electrophotographic Printing Solutions business and the VERSAMARK business. Its Advanced Materials and Chemicals segment is comprised of three lines of business: Industrial Film and Chemicals, Motion Picture and Advanced Materials and Functional Printing. The Brand segment contains the brand licensing business. All Other is comprised of the operations of the Eastman Business Park, an approximately 1,200-acre technology center and industrial complex.

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Eastman Kodak Co’s Stock Price as of Market Close

As of March 04, 2024, 4:00 PM, CST, Eastman Kodak Co’s stock price was $4.79.

Eastman Kodak Co is down 15.67% from its previous closing price of $5.68.

During the last market session, Eastman Kodak Co’s stock traded between $4.71 and $5.78. Currently, there are 79.50 million shares of Eastman Kodak Co stock available for purchase.

Eastman Kodak Co’s price-earnings (P/E) ratio is currently at 8.7, which is low compared to the Office Equipment industry median of 14.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Eastman Kodak Co Stock Price History

Eastman Kodak Co’s (KODK) price is currently down 10.3% so far this month.

During the month of March, Eastman Kodak Co’s stock price has reached a high of $5.78 and a low of $4.65.

Over the last year, Eastman Kodak Co has hit prices as high as $6.34 and as low as $3.17. Year to date, Eastman Kodak Co’s stock is up 57.05%.

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What Caused Eastman Kodak Co Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 01, 2024, there were analysts who downgraded Eastman Kodak Co’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Eastman Kodak Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Eastman Kodak Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Eastman Kodak Co’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Eastman Kodak Co (KODK) by visiting AAII Stock Evaluator.

Relative Price Strength of Eastman Kodak Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 01, 2024, Eastman Kodak Co has a weighted four-quarter relative price strength of 14.34%, which translates to a Momentum Score of 90 and is considered to be Very Strong.

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Eastman Kodak Co Stock Price: Bottom Line

As of March 4, 2024, Eastman Kodak Co’s stock price is $4.79, which is down 15.67% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Eastman Kodak Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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