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 twelve months. 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 equities research analysts have issued 12 month price objectives for Eastside Distilling's shares. Their EAST share price targets range from $3.50 to $3.50. On average, they anticipate the company's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 266.3% 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 at the beginning of the year. Since then, EAST shares have decreased by 25.9% and is now trading at $0.9555. View the best growth stocks for 2024 here .

Are investors shorting Eastside Distilling?

Eastside Distilling saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 18,800 shares, a drop of 42.5% from the March 15th total of 32,700 shares. Based on an average trading volume of 138,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.6% 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, May 20th 2024. View our EAST earnings forecast .

How were Eastside Distilling's earnings last quarter?

Eastside Distilling, Inc. (NASDAQ:EAST) issued its quarterly earnings results on Monday, November, 15th. The company reported ($6.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.80) by $5.60. The business had revenue of $3.16 million for the quarter.

When did Eastside Distilling's stock split?

Eastside Distilling shares reverse split before market open 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 .

NASDAQ:EAST

Eastside Distilling (EAST) Stock Price, News & Analysis

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$0.96

+0.07 (+7.91%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.85
▼
$1.00
50-Day Range: $0.87
▼
$1.49
52-Week Range: $0.84
▼
$8.22

Volume: 75,088 shs
Average Volume: 134,222 shs
Market Capitalization: $1.63 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.50

Get Eastside Distilling alerts:

Eastside Distilling MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 266.3% Upside
$3.50 Price Target
Short Interest: Healthy
1.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.40
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.

2.03 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Eastside 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.
Amount of Analyst Coverage
Eastside Distilling has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.59% of the float of Eastside Distilling has been sold short.
Short Interest Ratio / Days to Cover
Eastside Distilling has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Eastside Distilling has recently decreased by 42.51%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Eastside Distilling does not currently pay a dividend.
Dividend Growth
Eastside Distilling does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EAST.

1.9

News and Social Media Coverage

News Sentiment
Eastside Distilling has a news sentiment score of 0.40. 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 Week
MarketBeat has tracked 2 news articles for Eastside Distilling this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Eastside Distilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eastside Distilling insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.11% 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 Institutions
Only 0.58% of the stock of Eastside Distilling is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Eastside Distilling are expected to decrease in the coming year, from $0.33 to ($0.10) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eastside Distilling is -0.18, 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 Eastside Distilling is -0.18, 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
Eastside Distilling has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

EAST Stock News Headlines

April 16, 2024 | msn.com

The secret to the perfect holiday in the Lake District

April 16, 2024 | bizjournals.com

Portland nonprofit expanding with new Central Eastside headquarters

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 11, 2024 | bizjournals.com

Brewery closes a year after moving into Hair of the Dog's Central Eastside location

April 9, 2024 | americanbankingnews.com

Eastside Distilling (NASDAQ:EAST) PT Lowered to $3.50

April 8, 2024 | finance.yahoo.com

Eastside Golf Teams Up with Mercedes-Benz USA to Launch Capsule Collection and Activations to Increase Inclusivity in the Sport

April 8, 2024 | msn.com

Downtown Eastside artist featured at Emily Carr University exhibit

April 5, 2024 | forbes.com

Mel Heim Named CEO Of Big Nose Kate Western Whiskey

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 4, 2024 | seekingalpha.com

Eastside Distilling, Inc. (EAST) Q4 2023 Earnings Call Transcript

April 3, 2024 | finance.yahoo.com

Eastside Distilling, Inc. (NASDAQ:EAST) Q4 2023 Earnings Call Transcript

April 2, 2024 | finanznachrichten.de

Eastside Distilling, Inc.: Eastside Distilling Reports Fourth Quarter 2023 Financial Results

April 1, 2024 | nj.com

Clifton hangs on for one-run win over Paterson Eastside - Baseball recap

April 1, 2024 | investorplace.com

EAST Stock Earnings: Eastside Distilling Misses EPS, Misses Revenue for Q4 2023

April 1, 2024 | finance.yahoo.com

Eastside Distilling Reports Fourth Quarter 2023 Financial Results

April 1, 2024 | msn.com

Eastside Day brings family, friends together on Easter

March 31, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Eastside Distilling's earnings report

March 31, 2024 | msn.com

IMPD: 2 shot, 1 critical at east side motel

March 30, 2024 | msn.com

Woman shot by another woman outside illegal after-hours bar on the East Side, police say

March 30, 2024 | msn.com

Eastside YMCA extends shoe drive deadline with goal in reach

March 30, 2024 | msn.com

East side Indy motel continues to cause major problems

March 28, 2024 | msn.com

Man critically injured in far east side shooting

March 28, 2024 | msn.com

Man charged in fatal 2018 stabbing in Vancouver's Downtown Eastside

March 28, 2024 | finance.yahoo.com

Easter Brunch to be Served to Residents of the Downtown Eastside

March 28, 2024 | bizjournals.com

Seattle pizzeria known for monthslong waiting list to open on Eastside

March 28, 2024 | msn.com

IMPD: 2 shot, 1 critical on Indy’s east side

March 27, 2024 | finance.yahoo.com

Eastside Distilling, Inc. to Report 2023 Fiscal Year Results on Monday, April 1, 2024

See More Headlines

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Company Calendar

Last Earnings: 11/15/2021
Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Beverages
Sub-Industry: N/A
Current Symbol: NASDAQ:EAST
CUSIP: N/A
CIK: 1534708
Web: www.eastsidedistilling.com
Phone: (971) 888-4264
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: +284.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.45)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 2.76
P/E Growth: N/A
Net Income: $-7,530,000.00
Net Margins: -69.78%
Pretax Margin: -71.77%
Return on Equity: N/A
Return on Assets: -32.15%

Debt

Debt-to-Equity Ratio: 3.17
Current Ratio: 1.08
Quick Ratio: 0.32

Sales & Book Value

Annual Sales: $10.80 million
Price / Sales: 0.14
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.55 per share
Price / Book: 1.65

Miscellaneous

Outstanding Shares: 1,710,000
Free Float: 1,380,000
Market Cap: $1.56 million
Optionable: Not Optionable
Beta: 1.78

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Key Executives

Mr. Geoffrey C. Gwin CFA
CEO, CFO & Director
Ms. Stephanie Kilkenny (Age 52)
Company Secretary & Director
Comp: $19.69k
Joe Ibrahim
Director of Operations
Ms. Amy Lancer
Chief Commercial Officer of Spirits

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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 twelve months. 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 equities research analysts have issued 12 month price objectives for Eastside Distilling's shares. Their EAST share price targets range from $3.50 to $3.50. On average, they anticipate the company's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 266.3% 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 at the beginning of the year. Since then, EAST shares have decreased by 25.9% and is now trading at $0.9555.
View the best growth stocks for 2024 here.
Are investors shorting Eastside Distilling?: Eastside Distilling saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 18,800 shares, a drop of 42.5% from the March 15th total of 32,700 shares. Based on an average trading volume of 138,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.6% 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, May 20th 2024.
View our EAST earnings forecast.

How were Eastside Distilling's earnings last quarter?: Eastside Distilling, Inc. (NASDAQ:EAST) issued its quarterly earnings results on Monday, November, 15th. The company reported ($6.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.80) by $5.60. The business had revenue of $3.16 million for the quarter.
When did Eastside Distilling's stock split?: Eastside Distilling shares reverse split before market open 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 4/18/2024 by MarketBeat.com Staff

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Eastside Distilling (EAST) Stock Price, News & Analysis

Eastside Distilling MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Eastside Distilling Stock (NASDAQ:EAST)

EAST Stock Price History

EAST Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

EAST Stock Analysis - Frequently Asked Questions

Overall MarketRank^™