Log in

NASDAQ:EMLEastern Stock Price, Forecast & News

$18.20
+0.01 (+0.05 %)
(As of 07/6/2020 04:00 PM ET)
Add
Compare
Today's Range
$17.95
Now: $18.20
$18.61
50-Day Range
$16.61
MA: $18.30
$20.24
52-Week Range
$15.28
Now: $18.20
$31.97
Volume16,800 shs
Average Volume11,463 shs
Market Capitalization$113.40 million
P/E Ratio7.84
Dividend Yield2.42%
Beta0.96
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.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.76 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$251.74 million
Cash Flow$3.16 per share
Book Value$16.90 per share

Profitability

Net Income$13.27 million

Miscellaneous

Employees1,399
Market Cap$113.40 million
Next Earnings Date8/13/2020 (Estimated)
OptionableNot Optionable

Receive EML News and Ratings via Email

Sign-up to receive the latest news and ratings for EML and its competitors with MarketBeat's FREE daily newsletter.

Eastern (NASDAQ:EML) Frequently Asked Questions

How has Eastern's stock been impacted by COVID-19 (Coronavirus)?

Eastern's stock was trading at $25.26 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EML shares have decreased by 27.9% and is now trading at $18.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Eastern?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eastern in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Eastern.

When is Eastern's next earnings date?

Eastern is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Eastern.

How were Eastern's earnings last quarter?

Eastern Co (NASDAQ:EML) released its earnings results on Wednesday, April, 29th. The industrial products company reported $0.46 earnings per share for the quarter. The industrial products company earned $65.33 million during the quarter. Eastern had a return on equity of 14.08% and a net margin of 5.70%. View Eastern's earnings history.

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

Eastern declared a quarterly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of $0.11 per share on Monday, June 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Thursday, May 14th. View Eastern's dividend history.

Has Eastern been receiving favorable news coverage?

News coverage about EML stock has trended negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Eastern earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Eastern.

Are investors shorting Eastern?

Eastern saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 27,700 shares, a decrease of 10.6% from the June 15th total of 31,000 shares. Based on an average daily trading volume, of 12,400 shares, the short-interest ratio is currently 2.2 days. Currently, 0.5% of the shares of the company 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), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).

Who are Eastern's key executives?

Eastern's management team includes the following 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

What is Eastern's stock symbol?

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

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 $18.20.

How big of a company is Eastern?

Eastern has a market capitalization of $113.40 million and generates $251.74 million in revenue each year. Eastern employs 1,399 workers across the globe.

What is Eastern's official website?

The official website for Eastern is 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]

This page was last updated on 7/7/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.