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NASDAQ:EML - Eastern Stock Price, Forecast & News

$20.21
-2.79 (-12.13 %)
(As of 03/29/2020 02:04 AM ET)
Today's Range
$20.02
Now: $20.21
$21.12
50-Day Range
$18.65
MA: $25.34
$28.78
52-Week Range
$17.20
Now: $20.21
$31.97
Volume4,665 shs
Average Volume13,284 shs
Market Capitalization$126.11 million
P/E Ratio9.58
Dividend Yield1.91%
Beta1.07
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.
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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$251.74 million
Cash Flow$2.78 per share
Book Value$16.90 per share

Profitability

Net Income$13.27 million

Miscellaneous

Employees1,399
Market Cap$126.11 million
Next Earnings Date5/6/2020 (Estimated)
OptionableNot Optionable

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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 COVID-19 reached pandemic status according to the World Health Organization. Since then, EML stock has decreased by 20.0% and is now trading at $20.21. View which stocks have been mosted impacted by Coronavirus.

When is Eastern's next earnings date?

Eastern is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Eastern.

How were Eastern's earnings last quarter?

Eastern Co (NASDAQ:EML) announced its quarterly earnings data on Friday, February, 28th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. The industrial products company had revenue of $68.73 million for the quarter. Eastern had a net margin of 5.27% and a return on equity of 13.01%. View Eastern's earnings history.

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

Eastern announced a quarterly dividend on Tuesday, February 11th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.11 per share on Monday, March 16th. This represents a $0.44 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Friday, February 28th. View Eastern's dividend history.

Has Eastern been receiving favorable news coverage?

News coverage about EML stock has trended negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eastern earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutEastern.

Are investors shorting Eastern?

Eastern saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 29,000 shares, an increase of 30.0% from the February 27th total of 22,300 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 2.7 days. Approximately 0.5% of the company's shares are short sold. 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 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."

Who are Eastern's major shareholders?

Eastern's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Minerva Advisors LLC (5.40%), Gabelli Funds LLC (4.06%), Renaissance Technologies LLC (3.53%), North Star Investment Management Corp. (1.91%), State Street Corp (1.40%) and Geode Capital Management LLC (1.11%). Company insiders that own Eastern stock include August M Vlak, James A Mitarotonda and Peggy Scott. View institutional ownership trends for Eastern.

Which major investors are selling Eastern stock?

EML stock was sold by a variety of institutional investors in the last quarter, including Minerva Advisors LLC, Nuveen Asset Management LLC, California Public Employees Retirement System, Gabelli Funds LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for Eastern.

Which major investors are buying Eastern stock?

EML stock was acquired by a variety of institutional investors in the last quarter, including Manatuck Hill Partners LLC, State Street Corp, Barclays PLC, Renaissance Technologies LLC, UBS Group AG, North Star Investment Management Corp., Denali Advisors LLC, and Geode Capital Management LLC. Company insiders that have bought Eastern stock in the last two years include August M Vlak, James A Mitarotonda, and Peggy Scott. View insider buying and selling activity 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 $20.21.

How big of a company is Eastern?

Eastern has a market capitalization of $126.11 million and generates $251.74 million in revenue each year. Eastern employs 1,399 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:  102 (Vote Outperform)
Underperform Votes:  82 (Vote Underperform)
Total Votes:  184
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 3/29/2020 by MarketBeat.com Staff

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