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NASDAQ:EML

Eastern (EML) Stock Price, News & Analysis

Eastern logo
$27.04 -0.55 (-1.99%)
(As of 05:26 PM ET)

About Eastern Stock (NASDAQ:EML)

Key Stats

Today's Range
$26.34
$27.15
50-Day Range
$26.76
$34.36
52-Week Range
$20.50
$35.78
Volume
9,804 shs
Average Volume
23,248 shs
Market Capitalization
$167.19 million
P/E Ratio
N/A
Dividend Yield
1.63%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEMs) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.

Eastern Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
38th Percentile Overall Score

EML MarketRank™: 

Eastern scored higher than 38% of companies evaluated by MarketBeat, and ranked 135th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Eastern.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Eastern is -26.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Eastern is -26.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Eastern has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.86% of the float of Eastern has been sold short.
  • Short Interest Ratio / Days to Cover

    Eastern has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eastern has recently decreased by 28.11%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Eastern pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Eastern does not have a long track record of dividend growth.

  • Read more about Eastern's dividend.
  • Percentage of Shares Shorted

    0.86% of the float of Eastern has been sold short.
  • Short Interest Ratio / Days to Cover

    Eastern has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eastern has recently decreased by 28.11%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Eastern has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Eastern this week, compared to 4 articles on an average week.
  • MarketBeat Follows

    1 people have added Eastern to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Eastern insiders have bought more of their company's stock than they have sold. Specifically, they have bought $37,725.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    17.00% of the stock of Eastern is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    76.99% of the stock of Eastern is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Eastern's insider trading history.
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EML Stock News Headlines

Bethany Gill winds a clock in the offices where news media correspondents work in the Pennsylvania …
An architect designed custom clocks for Pennsylvania's Capitol a century ago. They're still ticking
Capitol buildings are almost always an imposing presence
Crypto’s hidden gem + greatest crypto bull run in history = $$$?
You don’t actually want to buy Bitcoin this time around. That’s because there’s a better way to take advantage of this new bull market… One market expert calls it Crypto’s Hidden Gem And it’s a new way that has given folks like you and me the chance to see bigger and faster moves than the traditional way of buying Bitcoin… That means if you’ve stayed away from Bitcoin and crypto because it's confusing or seems risky… This is a much safer and better approach to ride this years’ crypto bull run. Because believe it or not… The 2024 crypto bull run is one you DON’T want to miss.
President-elect Donald Trump arrives on the floor of the New York Stock Exchange after ringing the …
Trump offers support for dockworkers union by saying ports shouldn't install more automated systems
President-elect Donald Trump is offering his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports
Off-road vehicles sit on display outside a Cabela's sporting goods store Sunday, December 8, 2024, …
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago
Think Ahead: CEE Region In Focus
See More Headlines

EML Stock Analysis - Frequently Asked Questions

Eastern's stock was trading at $22.00 at the beginning of 2024. Since then, EML shares have increased by 22.9% and is now trading at $27.04.
View the best growth stocks for 2024 here
.

The Eastern Company (NASDAQ:EML) issued its earnings results on Wednesday, April, 29th. The industrial products company reported $0.46 earnings per share for the quarter. The industrial products company earned $65.33 million during the quarter. Eastern had a positive trailing twelve-month return on equity of 10.44% and a negative net margin of 2.26%.

Eastern's top institutional investors include Minerva Advisors LLC (7.98%), Geode Capital Management LLC (2.06%), State Street Corp (1.11%) and Segall Bryant & Hamill LLC (0.82%). Insiders that own company stock include Frederick D Disanto, Mark Anthony Hernandez and Charles W Henry.
View institutional ownership trends
.

Shares of EML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Eastern investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Builders FirstSource (BLDR), Abercrombie & Fitch (ANF) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
4/29/2020
Ex-Dividend for 12/13 Dividend
11/15/2024
Dividend Payable
12/13/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cutlery, handtools, & general hardware
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:EML
CUSIP
27631710
Employees
1,199
Year Founded
N/A

Profitability

Net Income
$8.59 million
Pretax Margin
5.99%

Debt

Sales & Book Value

Annual Sales
$284.46 million
Cash Flow
$2.74 per share
Book Value
$21.24 per share

Miscellaneous

Free Float
5,132,000
Market Cap
$162.92 million
Optionable
Not Optionable
Beta
0.99

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This page (NASDAQ:EML) was last updated on 12/23/2024 by MarketBeat.com Staff
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