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The Eastern Company is a tools & accessories business based in the US. The Eastern Company shares (EML) are listed on the NASDAQ and all prices are listed in US Dollars. The Eastern Company employs 1,399 staff and has a trailing 12-month revenue of around USD$248.7 million.
|Latest market close||USD$24.1|
|52-week range||USD$15.1229 - USD$31.2808|
|50-day moving average||USD$23.0194|
|200-day moving average||USD$20.4636|
|Wall St. target price||N/A|
|Dividend yield||USD$0.44 (1.79%)|
|Earnings per share (TTM)||USD$1.433|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||0.96%|
|1 month (2020-12-15)||-4.33%|
|3 months (2020-10-15)||9.79%|
|6 months (2020-07-15)||35.62%|
|1 year (2020-01-15)||-21.11%|
|2 years (2019-01-15)||-3.41%|
|3 years (2018-01-12)||27.8|
|5 years (2016-01-15)||43.37%|
Valuing The Eastern Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Eastern Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
The Eastern Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, The Eastern Company shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
The Eastern Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$26.6 million.
The EBITDA is a measure of a The Eastern Company's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$248.7 million|
|Operating margin TTM||7.17%|
|Gross profit TTM||USD$61.9 million|
|Return on assets TTM||4.05%|
|Return on equity TTM||8.55%|
|Market capitalisation||USD$153.3 million|
TTM: trailing 12 months
There are currently 57,517 The Eastern Company shares held short by investors – that's known as The Eastern Company's "short interest". This figure is 6.1% up from 54,223 last month.
There are a few different ways that this level of interest in shorting The Eastern Company shares can be evaluated.
The Eastern Company's "short interest ratio" (SIR) is the quantity of The Eastern Company shares currently shorted divided by the average quantity of The Eastern Company shares traded daily (recently around 12867.337807606). The Eastern Company's SIR currently stands at 4.47. In other words for every 100,000 The Eastern Company shares traded daily on the market, roughly 4470 shares are currently held short.
However The Eastern Company's short interest can also be evaluated against the total number of The Eastern Company shares, or, against the total number of tradable The Eastern Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case The Eastern Company's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 The Eastern Company shares in existence, roughly 10 shares are currently held short) or 0.0137% of the tradable shares (for every 100,000 tradable The Eastern Company shares, roughly 14 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against The Eastern Company.
Find out more about how you can short The Eastern Company stock.
Dividend payout ratio: 131.85% of net profits
Recently The Eastern Company has paid out, on average, around 131.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), The Eastern Company shareholders could enjoy a 1.79% return on their shares, in the form of dividend payments. In The Eastern Company's case, that would currently equate to about $0.44 per share.
The Eastern Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The Eastern Company's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 17 November 2020 (the "ex-dividend date").
The Eastern Company's shares were split on a 3:2 basis on 18 October 2006. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your The Eastern Company shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for The Eastern Company shares which in turn could have impacted The Eastern Company's share price.
Over the last 12 months, The Eastern Company's shares have ranged in value from as little as $15.1229 up to $31.2808. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while The Eastern Company's is 1.0766. This would suggest that The Eastern Company's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
The Eastern Company designs, manufactures, and sells various engineered solutions for various industrial markets in the United States and internationally. The company operates through three segments: Industrial Hardware, Security Products, and Metal Products. The Industrial Hardware segment designs, manufactures, and markets custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions; passenger restraint and vehicular locks, latches, and hinges; mirrors and mirror-cameras; light-weight sleeper boxes; and truck bodies. It also designs and manufactures fasteners and other closure devices to secure access doors on various type of industrial equipment, such as metal cabinets, machinery housings, and electronic instruments. This segment sells its products directly to original equipment manufacturers (OEM's) and distributors through in-house sales personnel and outside sales representatives. The Security Products segment designs and manufactures engineered security and access solutions in the form of mechanical, electronic, and wireless products for OEM's contract equipment manufacturers and industrial distributors; designs, manufactures, and markets timers, drop meters, coin chutes, money boxes, meter cases, mobile payment apps, smart cards, value transfer stations, smart card readers, card management software, and access control units that are used primarily in the commercial laundry market; and supplies printed circuit boards and other electronic assemblies to OEMs in various industries. The Metal Products segment designs and manufactures ductile and malleable iron castings, such as valves, rings, torque screws, bean clamps, and concrete anchors for a range of industrial markets, including oil, water, gas; and truck/automotive rail, and military/aerospace, as well as offers expansion shells to support the roofs of underground mines. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.
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