NASDAQ:EML Eastern (EML) Stock Price, News & Analysis $32.35 -0.53 (-1.61%) (As of 10/23/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrends About Eastern Stock (NASDAQ:EML) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Eastern alerts:Sign Up Key Stats Today's Range$31.92▼$32.5650-Day Range$28.79▼$34.3652-Week Range$16.10▼$35.78Volume11,225 shsAverage Volume24,598 shsMarket Capitalization$201.67 millionP/E Ratio16.85Dividend Yield1.36%Price TargetN/AConsensus RatingN/A Company OverviewThe 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.Read More… Trump or Kamala? It may come down to this strange twist… (Ad)Could this be the key to America's second coming? A strange resurrection born in the hollers of Appalachia? To uncover the full story and learn how you can potentially profit from it...watch my new documentary here. Eastern Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks49th Percentile Overall ScoreEML MarketRank™: Eastern scored higher than 49% of companies evaluated by MarketBeat, and ranked 125th out of 173 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Eastern.Read more about Eastern's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Eastern is 16.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Eastern is 16.85, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.97.Price to Book Value per Share RatioEastern has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Eastern's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.70% of the float of Eastern has been sold short.Short Interest Ratio / Days to CoverEastern has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eastern has recently decreased by 11.58%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldEastern pays a meaningful dividend of 1.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEastern does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eastern is 27.85%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Eastern's dividend. Sustainability and ESG0.0 / 5Environmental Score-4.07 Percentage of Shares Shorted1.70% of the float of Eastern has been sold short.Short Interest Ratio / Days to CoverEastern has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eastern has recently decreased by 11.58%, indicating that investor sentiment is improving significantly. News and Social Media2.4 / 5News Sentiment0.31 News SentimentEastern has a news sentiment score of 0.31. 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 lower news sentiment than the 0.44 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Eastern this week, compared to 3 articles on an average week.MarketBeat Follows2 people have added Eastern to their MarketBeat watchlist in the last 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Eastern insiders have not sold or bought any company stock.Percentage Held by Insiders17.00% 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 Institutions76.99% 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. Receive EML Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eastern and its competitors with MarketBeat's FREE daily newsletter. Email Address EML Stock News HeadlinesMalaysian and Pakistani prime ministers agree to boost trade and economic tiesThe prime ministers of Malaysia and Pakistan have agreed to increase bilateral trade and boost economic ties after talks in IslamabadOctober 3, 2024 | marketbeat.comDockworkers join other unions in trying to fend off automation, or minimize the impactThe massive port workers’ strike is highlighting a fear held by many workers that they will be replaced by machinesOctober 2, 2024 | marketbeat.comTrump or Kamala? It may come down to this strange twist…Could this be the key to America's second coming? A strange resurrection born in the hollers of Appalachia? To uncover the full story and learn how you can potentially profit from it...October 24, 2024 | Porter & Company (Ad)Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday seasonDockworkers at ports from Maine to Texas have started walking picket lines in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeksOctober 1, 2024 | marketbeat.comEastern (NASDAQ:EML) Stock Price Crosses Above 200-Day Moving Average - What's Next?October 23 at 3:43 AM | americanbankingnews.comThe Eastern Company Announces Timing of Third Quarter Fiscal Year 2024 Earnings Release and Conference CallOctober 22 at 4:46 PM | finance.yahoo.comOnfolio acquires majority interest in assets of Eastern StandardOctober 22 at 8:14 AM | seekingalpha.comThe Eastern Co (EML) Q2 2024 Earnings Call Highlights: Strong Sales Growth and Rising Backlog ...October 10, 2024 | finance.yahoo.comSee More Headlines EML Stock Analysis - Frequently Asked Questions How have EML shares performed this year? Eastern's stock was trading at $22.00 on January 1st, 2024. Since then, EML stock has increased by 47.0% and is now trading at $32.35. View the best growth stocks for 2024 here. How were Eastern's earnings last quarter? The Eastern Company (NASDAQ:EML) released its quarterly earnings results on Tuesday, August, 6th. The industrial products company reported $0.56 EPS for the quarter. The industrial products company earned $73.15 million during the quarter. Eastern had a trailing twelve-month return on equity of 9.05% and a net margin of 4.40%. How do I buy shares of Eastern? 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. What other stocks do shareholders of Eastern own? 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 Earnings8/06/2024Ex-Dividend for 9/13 Dividend8/15/2024Dividend Payable9/13/2024Today10/24/2024Next Earnings (Confirmed)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Cutlery, handtools, & general hardware Sub-IndustryIndustrial Machinery Current SymbolNASDAQ:EML CUSIP27631710 CIK31107 Webwww.easterncompany.com Phone(203) 729-2255Fax203-723-8653Employees1,199Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.58 Trailing P/E Ratio16.85 Forward P/E RatioN/A P/E GrowthN/ANet Income$8.59 million Net Margins4.40% Pretax Margin5.60% Return on Equity9.05% Return on Assets4.73% Debt Debt-to-Equity Ratio0.29 Current Ratio2.60 Quick Ratio1.35 Sales & Book Value Annual Sales$273.70 million Price / Sales0.74 Cash Flow$3.04 per share Price / Cash Flow10.64 Book Value$21.24 per share Price / Book1.52Miscellaneous Outstanding Shares6,234,000Free Float5,169,000Market Cap$201.67 million OptionableNot Optionable Beta1.02 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report This page (NASDAQ:EML) was last updated on 10/24/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredProtect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredMusk warns humanity: “Obsolete”The 'invasion' I've discovered has nothing to do with the border crisis. 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