Eastern (NASDAQ:EML - Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, November 5th. Individual interested in registering for the company's earnings conference call can do so using this link.
Eastern (NASDAQ:EML - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.56 EPS for the quarter. The business had revenue of $73.15 million during the quarter. Eastern had a return on equity of 9.05% and a net margin of 4.40%.
Eastern Trading Down 1.1 %
Shares of EML stock traded down $0.36 during trading hours on Tuesday, reaching $31.64. The company's stock had a trading volume of 11,000 shares, compared to its average volume of 24,375. The company has a current ratio of 2.60, a quick ratio of 1.35 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $197.24 million, a P/E ratio of 20.03 and a beta of 1.02. The firm's fifty day simple moving average is $31.38 and its 200 day simple moving average is $29.41. Eastern has a one year low of $16.11 and a one year high of $35.78.
Eastern Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Thursday, August 15th were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.44 annualized dividend and a yield of 1.39%. Eastern's dividend payout ratio (DPR) is presently 27.85%.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Eastern from a "buy" rating to a "strong-buy" rating in a research note on Friday, August 2nd.
Read Our Latest Analysis on EML
About Eastern
(
Get Free Report)
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries.
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