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Eastern Stock Price, Forecast & Analysis (NASDAQ:EML)

$28.20
-0.44 (-1.54 %)
(As of 11/21/2019 04:02 AM ET)
Today's Range
$28.02
Now: $28.20
$28.88
50-Day Range
$23.90
MA: $27.24
$29.24
52-Week Range
$20.70
Now: $28.20
$29.99
Volume11,000 shs
Average Volume7,508 shs
Market Capitalization$175.91 million
P/E Ratio14.06
Dividend Yield1.54%
Beta0.97
The Eastern Company designs, manufactures, and sells industrial hardware, security products, and metal products in the United States and internationally. The company's Industrial Hardware segment offers passenger restraint and vehicular locks, latches, hinges, mirrors, mirror-cameras, light-weight sleeper boxes, and truck bodies for tractor-trailer trucks, specialty commercial vehicles, recreational vehicles, fire and rescue vehicles, school buses, military vehicles, and other vehicles. This segment also provides fasteners and other closure devices. The company's Security Products segment offers engineered and standard closing and locking systems, including vehicular accessory locks, cabinet locks, cam locks, electric switch locks, tubular key locks, and combination. Its products also include timers, drop meters, coin chutes, money boxes, meter cases, smart cards, value transfer stations, smart card readers, card management software, and access control units. In addition, this segment provides coin acceptors and other coin security products for the commercial laundry markets; and circuit boards and other electronic assemblies to various industries, including measurement systems, semiconductor equipment manufacturing, and industrial controls, medical, and military products. The company's Metal Products segment offers expansion shells to support the roofs of underground mines; and specialty malleable and ductile iron castings. This segment's products include mine roof support anchors, couplers for railroad braking systems, support anchoring for construction, and couplers/fittings for utility industries. The company sells its products to original equipment manufacturers, distributors, and sales representatives. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.

Industry, Sector and Symbol

Industry Cutlery, handtools, & general hardware
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:EML
CUSIP27631710
Phone203-729-2255

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$234.28 million
Cash Flow$3.15 per share
Book Value$15.48 per share

Profitability

Net Income$14.51 million

Miscellaneous

Employees1,327
Market Cap$175.91 million
Next Earnings Date2/25/2020 (Estimated)
OptionableNot Optionable

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Eastern (NASDAQ:EML) Frequently Asked Questions

What is Eastern's stock symbol?

Eastern trades on the NASDAQ under the ticker symbol "EML."

How often does Eastern pay dividends? What is the dividend yield for Eastern?

Eastern declared a quarterly dividend on Friday, November 1st. Shareholders of record on Monday, November 18th will be paid a dividend of $0.11 per share on Monday, December 16th. This represents a $0.44 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Friday, November 15th. View Eastern's Dividend History.

How were Eastern's earnings last quarter?

Eastern Co (NASDAQ:EML) announced its quarterly earnings results on Thursday, August, 8th. The industrial products company reported $0.40 earnings per share for the quarter. The industrial products company had revenue of $61.44 million for the quarter. Eastern had a return on equity of 12.70% and a net margin of 5.29%. View Eastern's Earnings History.

When is Eastern's next earnings date?

Eastern is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Eastern.

Has Eastern been receiving favorable news coverage?

Media coverage about EML stock has been trending positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eastern earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Eastern.

Are investors shorting Eastern?

Eastern saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 33,500 shares, a drop of 13.0% from the September 30th total of 38,500 shares. Based on an average daily volume of 8,200 shares, the short-interest ratio is currently 4.1 days. Approximately 0.6% of the company's stock are sold short. View Eastern's Current Options Chain.

Who are some of Eastern's key competitors?

What other stocks do shareholders of Eastern own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eastern investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC), First Data (FDC), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Apollo Global Management (APO).

Who are Eastern's key executives?

Eastern's management team includes the folowing people:
  • Mr. August M. Vlak, Pres, CEO & Director (Age 52)
  • Mr. John L. Sullivan III, VP & CFO (Age 66)
  • Christopher Moulton, Head of Corp. Devel. & Investor Relations
  • Ms. Theresa P. Dews, Sec.
  • Mr. Gene A. Finelli, Treasurer

Who are Eastern's major shareholders?

Eastern's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (9.04%), North Star Investment Management Corp. (1.87%), California Public Employees Retirement System (0.33%), Cardinal Capital Management (0.31%), Rhumbline Advisers (0.14%) and Russell Investments Group Ltd. (0.09%). Company insiders that own Eastern stock include August M Vlak and Peggy Scott. View Institutional Ownership Trends for Eastern.

Which institutional investors are selling Eastern stock?

EML stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL. View Insider Buying and Selling for Eastern.

Which institutional investors are buying Eastern stock?

EML stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., North Star Investment Management Corp., California Public Employees Retirement System, Rhumbline Advisers and Cardinal Capital Management. Company insiders that have bought Eastern stock in the last two years include August M Vlak and Peggy Scott. View Insider Buying and Selling for Eastern.

How do I buy shares of Eastern?

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

What is Eastern's stock price today?

One share of EML stock can currently be purchased for approximately $28.20.

How big of a company is Eastern?

Eastern has a market capitalization of $175.91 million and generates $234.28 million in revenue each year. Eastern employs 1,327 workers across the globe.View Additional Information About Eastern.

What is Eastern's official website?

The official website for Eastern is http://www.easterncompany.com/.

How can I contact Eastern?

Eastern's mailing address is 112 BRIDGE ST, NAUGATUCK CT, 06770. The industrial products company can be reached via phone at 203-729-2255 or via email at [email protected]


MarketBeat Community Rating for Eastern (NASDAQ EML)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  76 (Vote Underperform)
Total Votes:  172
MarketBeat's community ratings are surveys of what our community members think about Eastern and other stocks. Vote "Outperform" if you believe EML will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EML will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2019 by MarketBeat.com Staff

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