NASDAQ:EAST

Eastside Distilling (EAST) Stock Price, News & Analysis

$1.02
-0.03 (-2.86%)
(As of 04/25/2024 ET)
Today's Range
$1.02
$1.05
50-Day Range
$0.87
$1.49
52-Week Range
$0.84
$8.22
Volume
6,541 shs
Average Volume
128,467 shs
Market Capitalization
$1.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50

Eastside Distilling MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
243.1% Upside
$3.50 Price Target
Short Interest
Healthy
1.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.21mentions of Eastside Distilling in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From $0.33 to ($0.10) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.21 out of 5 stars

EAST stock logo

About Eastside Distilling Stock (NASDAQ:EAST)

Eastside 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.

EAST Stock Price History

EAST Stock News Headlines

“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
4/26/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
N/A
Current Symbol
NASDAQ:EAST
Fax
N/A
Employees
51
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.50
High Stock Price Target
$3.50
Low Stock Price Target
$3.50
Potential Upside/Downside
+243.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-7,530,000.00
Pretax Margin
-71.77%

Debt

Sales & Book Value

Annual Sales
$10.80 million
Book Value
$0.55 per share

Miscellaneous

Free Float
1,380,000
Market Cap
$1.74 million
Optionable
Not Optionable
Beta
1.78
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EAST Stock Analysis - Frequently Asked Questions

Should I buy or sell Eastside Distilling stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastside Distilling in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" EAST shares.
View EAST analyst ratings
or view top-rated stocks.

What is Eastside Distilling's stock price target for 2024?

1 Wall Street analysts have issued twelve-month price objectives for Eastside Distilling's stock. Their EAST share price targets range from $3.50 to $3.50. On average, they predict the company's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 243.1% 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 2024?

Eastside Distilling's stock was trading at $1.29 on January 1st, 2024. Since then, EAST stock has decreased by 20.9% and is now trading at $1.02.
View the best growth stocks for 2024 here
.

Are investors shorting Eastside Distilling?

Eastside Distilling saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 22,100 shares, an increase of 17.6% from the March 31st total of 18,800 shares. Based on an average daily volume of 143,100 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.9% of the company's stock are short sold.
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, May 20th 2024.
View our EAST earnings forecast
.

How were Eastside Distilling's earnings last quarter?

Eastside Distilling, Inc. (NASDAQ:EAST) released its quarterly earnings data on Monday, April, 1st. The company reported ($1.16) earnings per share for the quarter. The business had revenue of $2 million for the quarter, compared to the consensus estimate of $3.68 million.

When did Eastside Distilling's stock split?

Shares of Eastside Distilling reverse split on 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 closing bell 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).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EAST) was last updated on 4/26/2024 by MarketBeat.com Staff

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