NASDAQ:EAST Eastside Distilling (EAST) Stock Forecast, Price & News $1.33 +0.08 (+6.40%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$1.23▼$1.3850-Day Range$1.25▼$3.3752-Week Range$1.19▼$10.39Volume11,696 shsAverage Volume108,199 shsMarket Capitalization$1.48 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Eastside Distilling MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside275.9% Upside$5.00 Price TargetShort InterestBearish8.34% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($7.09) to ($1.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 stars 3.5 Analyst's Opinion Consensus RatingEastside Distilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Eastside Distilling has a forecasted upside of 275.9% from its current price of $1.33.Amount of Analyst CoverageEastside Distilling has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.34% of the float of Eastside Distilling has been sold short.Short Interest Ratio / Days to CoverEastside Distilling has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eastside Distilling has recently increased by 154.25%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEastside Distilling does not currently pay a dividend.Dividend GrowthEastside Distilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EAST. Previous Next 2.5 News and Social Media Coverage News SentimentEastside Distilling has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Eastside Distilling this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Eastside Distilling to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eastside Distilling insiders have not sold or bought any company stock.Percentage Held by Insiders19.11% of the stock of Eastside Distilling is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.23% of the stock of Eastside Distilling is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Eastside Distilling are expected to grow in the coming year, from ($7.09) to ($1.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eastside Distilling is -0.07, 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. SectorThe P/E ratio of Eastside Distilling is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Eastside Distilling (NASDAQ:EAST) StockEastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand. It also offers canning and printing services to the craft beer, cider, and kombucha beverage industries; and digital can printing and co-packing services. The company sells its products on a wholesale basis to distributors in the United States. Eastside Distilling, Inc. was incorporated in 2004 and is headquartered in Portland, Oregon.Read More EAST Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EAST Stock News HeadlinesSeptember 28, 2023 | americanbankingnews.comEastside Distilling, Inc. (NASDAQ:EAST) Sees Large Growth in Short InterestAugust 26, 2023 | finance.yahoo.comThis Analyst Just Downgraded Their Eastside Distilling, Inc. (NASDAQ:EAST) EPS ForecastsSeptember 29, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 15, 2023 | finance.yahoo.comQ2 2023 Eastside Distilling Inc Earnings CallAugust 14, 2023 | msn.comEastside Distilling GAAP EPS of -$1.96, revenue of $2.8MAugust 14, 2023 | finance.yahoo.comEastside Distilling Reports Second Quarter 2023 Financial ResultsAugust 13, 2023 | markets.businessinsider.comEastside Distilling earnings preview: what Wall Street is expectingAugust 3, 2023 | finance.yahoo.comEastside Distilling, Inc. to Report Second Quarter 2023 Financial Results on Monday, August 14, 2023September 29, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. July 21, 2023 | ca.finance.yahoo.comEAST - Eastside Distilling, Inc.July 11, 2023 | benzinga.comEastside Distilling Shares Halted On Circuit Breaker To The Upside, Stock Now Up 35.5%June 16, 2023 | barrons.comEastside Distilling Inc.June 14, 2023 | benzinga.comEastside Distilling shares are trading higher after the company announced business and financial updates.June 14, 2023 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover Eastside Distilling, Inc. (EAST)June 14, 2023 | investorplace.comWhy Is Eastside Distilling (EAST) Stock Down 25% Today?June 13, 2023 | msn.comEastside Distilling shares slide on plans for exchanging debt for equity with lendersJune 13, 2023 | finance.yahoo.comEastside Distilling, Inc. Announces Positive Business and Financial UpdatesMay 30, 2023 | finance.yahoo.comEastside Distilling, Inc. (EAST) Could Find a Support Soon, Here's Why You Should Buy the Stock NowMay 18, 2023 | finance.yahoo.comEastside Distilling, Inc. (NASDAQ:EAST) Q1 2023 Earnings Call TranscriptMay 16, 2023 | finance.yahoo.comQ1 2023 Eastside Distilling Inc Earnings CallMay 15, 2023 | finance.yahoo.comEastside Distilling Reports First Quarter 2023 Financial ResultsMay 14, 2023 | finance.yahoo.comEastside Distilling First Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagMay 12, 2023 | msn.comRecap: Eastside Distilling Q1 EarningsMay 12, 2023 | msn.comA Preview Of Eastside Distilling's EarningsMay 9, 2023 | finance.yahoo.comEastside Distilling, Inc. to Report First Quarter 2023 Financial Results on Friday, May 12th, 2023 and Announces Anticipated Completion of Reverse Stock SplitMay 4, 2023 | finance.yahoo.com10 Best Brewery and Distillery Stocks To Buy NowApril 19, 2023 | finance.yahoo.comInvestors Aren't Entirely Convinced By Eastside Distilling, Inc.'s (NASDAQ:EAST) RevenuesSee More Headlines Receive EAST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eastside Distilling and its competitors with MarketBeat's FREE daily newsletter. Email Address EAST Company Calendar Last Earnings8/14/2023Today9/29/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Beverages Sub-IndustryN/A SectorConsumer Staples Current SymbolNASDAQ:EAST CUSIPN/A CIK1534708 Webwww.eastsidedistilling.com Phone(971) 888-4264FaxN/AEmployees49Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.00 High Stock Price Forecast$5.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+275.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($18.06) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-16,270,000.00 Net Margins-141.80% Pretax Margin-141.80% Return on Equity-16,003.09% Return on Assets-68.66% Debt Debt-to-Equity RatioN/A Current Ratio0.28 Quick Ratio0.12 Sales & Book Value Annual Sales$14.33 million Price / Sales0.10 Cash FlowN/A Price / Cash FlowN/A Book Value($1.96) per share Price / Book-0.68Miscellaneous Outstanding Shares1,110,000Free Float897,000Market Cap$1.48 million OptionableNot Optionable Beta1.77 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Geoffrey C. Gwin CFACEO, CFO & DirectorJoe IbrahimDirector of OperationsMs. Amy Lee Brassard (Age 33)Marketing Director & Corp. Sec. Ms. Amy LancerChief Commercial Officer of SpiritsKey CompetitorsYield10 BioscienceNASDAQ:YTENGreenlaneNASDAQ:GNLNBlue Star FoodsNASDAQ:BSFCTattooed ChefNASDAQ:TTCFQRiceBran TechnologiesNASDAQ:RIBTView All CompetitorsInsidersEric J FinnssonSold 3,000 sharesTotal: $10,800.00 ($3.60/share)View All Insider Transactions EAST Stock - Frequently Asked Questions Should I buy or sell Eastside Distilling stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eastside Distilling in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EAST shares. View EAST analyst ratings or view top-rated stocks. What is Eastside Distilling's stock price forecast for 2023? 1 Wall Street analysts have issued 1 year price objectives for Eastside Distilling's stock. Their EAST share price forecasts range from $5.00 to $5.00. On average, they anticipate the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 275.9% from the stock's current price. View analysts price targets for EAST or view top-rated stocks among Wall Street analysts. How have EAST shares performed in 2023? Eastside Distilling's stock was trading at $4.5780 at the beginning of 2023. Since then, EAST stock has decreased by 70.9% and is now trading at $1.33. View the best growth stocks for 2023 here. Are investors shorting Eastside Distilling? Eastside Distilling saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 86,700 shares, an increase of 154.3% from the August 31st total of 34,100 shares. Based on an average trading volume of 128,400 shares, the days-to-cover ratio is presently 0.7 days. Currently, 8.3% of the company's stock are sold short. View Eastside Distilling's Short Interest. When is Eastside Distilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our EAST earnings forecast. How were Eastside Distilling's earnings last quarter? Eastside Distilling, Inc. (NASDAQ:EAST) released its quarterly earnings results on Monday, August, 14th. The company reported ($1.96) earnings per share for the quarter, missing the consensus estimate of ($1.25) by $0.71. The business earned $2.66 million during the quarter, compared to the consensus estimate of $6.26 million. Eastside Distilling had a negative trailing twelve-month return on equity of 16,003.09% and a negative net margin of 141.80%. When did Eastside Distilling's stock split? Eastside Distilling shares reverse split on the morning of Monday, May 15th 2023. The 1-20 reverse split was announced on Monday, May 15th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What other stocks do shareholders of Eastside Distilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Eastside Distilling investors own include International Paper (IP), KeyCorp (KEY), ONEOK (OKE), AT&T (T), Adaptimmune Therapeutics (ADAP), Allena Pharmaceuticals (ALNA), Apple Hospitality REIT (APLE), Alliance Resource Partners (ARLP) and Becton, Dickinson and Company (BDX). What is Eastside Distilling's stock symbol? Eastside Distilling trades on the NASDAQ under the ticker symbol "EAST." How do I buy shares of Eastside Distilling? Shares of EAST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Eastside Distilling's stock price today? One share of EAST stock can currently be purchased for approximately $1.33. How much money does Eastside Distilling make? Eastside Distilling (NASDAQ:EAST) has a market capitalization of $1.48 million and generates $14.33 million in revenue each year. The company earns $-16,270,000.00 in net income (profit) each year or ($18.06) on an earnings per share basis. How can I contact Eastside Distilling? Eastside Distilling's mailing address is 1001 SE WATER AVENUE SUITE 390, PORTLAND OR, 97214. The official website for the company is www.eastsidedistilling.com. The company can be reached via phone at (971) 888-4264. This page (NASDAQ:EAST) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eastside Distilling, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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