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Eastern Co is a tools & accessories business based in the US. Eastern shares (EML) are listed on the NASDAQ and all prices are listed in US Dollars. Eastern employs 1,191 staff and has a trailing 12-month revenue of around $262.1 million.
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| Latest market close | $17.34 |
|---|---|
| 52-week range | $17.25 - $27.90 |
| 50-day moving average | $20.04 |
| 200-day moving average | $22.35 |
| Wall St. target price | N/A |
| PE ratio | 7.7111 |
| Dividend yield | $0.44 (2.54%) |
| Earnings per share (TTM) | $2.25 |
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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.
Historical closes compared with the close of $17.34 from 2022-10-03
| 1 week (2022-09-27) | -0.06% |
|---|---|
| 1 month (2022-09-02) | -10.57% |
| 3 months (2022-07-01) | -14.96% |
| 6 months (2022-03-31) | N/A |
| 1 year (2021-10-04) | -30.94% |
|---|---|
| 2 years (2020-10-02) | -12.69% |
| 3 years (2019-10-04) | 23.95 |
| 5 years (2017-10-04) | 29.35 |
Valuing Eastern stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eastern's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Eastern's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Eastern shares trade at around 8x 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.
Eastern's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $26.1 million.
The EBITDA is a measure of a Eastern's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $262.1 million |
|---|---|
| Operating margin TTM | 7.15% |
| Gross profit TTM | $56.8 million |
| Return on assets TTM | 4.21% |
| Return on equity TTM | 12.43% |
| Profit margin | 5.74% |
| Book value | $19.35 |
| Market capitalisation | $107.9 million |
TTM: trailing 12 months
Dividend payout ratio: 21.36% of net profits
Recently Eastern has paid out, on average, around 21.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Eastern shareholders could enjoy a 2.54% return on their shares, in the form of dividend payments. In Eastern's case, that would currently equate to about $0.44 per share.
While Eastern's payout ratio might seem low, this can signify that Eastern is investing more in its future growth.
Eastern's most recent dividend payout was on 15 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 12 August 2022 (the "ex-dividend date").
Eastern'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 Eastern shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Eastern shares which in turn could have impacted Eastern's share price.
Over the last 12 months, Eastern's shares have ranged in value from as little as $17.25 up to $27.8975. 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 Eastern's is 0.8618. This would suggest that Eastern's shares are less volatile than average (for this exchange).
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. It offers turnkey returnable packaging solutions that are used in the assembly process of vehicles, aircraft, and durable goods, as well as in the production process 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; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industry. It also offers rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, as well as development and program management services for custom electromechanical and mechanical systems; designs and manufactures proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications; and provides aftermarket components to the heavy-duty truck market. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut. .
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