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- Market Cap.:
- $118.53 million
- Book Value:
- Revenue TTM:
- $279.27 million
- Operating Margin TTM:
- Gross Profit TTM:
- $58.62 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Eastern Co had its IPO on 1992-03-17 under the ticker symbol EML.
The company operates in the Industrials sector and Tools & Accessories industry. Eastern Co has a staff strength of 1,191 employees.
Shares of Eastern Co opened at $18.6 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $18.59 - $19.8, and closed at $19.8.
This is a +3.94% increase from the previous day's closing price.
A total volume of 13,873 shares were traded at the close of the day’s session.
In the last one week, shares of Eastern Co have increased by +19.28%.
Eastern Co's Key Ratios
Eastern Co has a market cap of $118.53 million, indicating a price to book ratio of 1.1028 and a price to sales ratio of 0.4805.
In the last 12-months Eastern Co’s revenue was $279.27 million with a gross profit of $58.62 million and an EBITDA of $23.88 million. The EBITDA ratio measures Eastern Co's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Eastern Co’s operating margin was 5.96% while its return on assets stood at 3.94% with a return of equity of 9.16%.
In Q4, Eastern Co’s quarterly earnings growth was a negative -80.8% while revenue growth was a positive 15.8%.
Eastern Co’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $1.83 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Eastern Co’s profitability.
Eastern Co stock is trading at a EV to sales ratio of 0.7874 and a EV to EBITDA ratio of 7.8707. Its price to sales ratio in the trailing 12-months stood at 0.4805.
Eastern Co stock pays annual dividends of $0.44 per share, indicating a yield of 2.52% and a payout ratio of 24.04%.
Balance sheet and cash flow metrics
- Total Assets
- $261.52 million
- Total Liabilities
- $46.98 million
- Operating Cash Flow
- $4.31 million
- Capital Expenditure
- $1.63 million
- Dividend Payout Ratio
Eastern Co ended 2023 with $261.52 million in total assets and $0 in total liabilities. Its intangible assets were valued at $261.52 million while shareholder equity stood at $126.61 million.
Eastern Co ended 2023 with $0 in deferred long-term liabilities, $46.98 million in other current liabilities, 33586165.00 in common stock, $138.99 million in retained earnings and $70.78 million in goodwill. Its cash balance stood at $10.19 million and cash and short-term investments were $10.19 million. The company’s total short-term debt was $12,070,340 while long-term debt stood at $0.
Eastern Co’s total current assets stands at $125.32 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $46.17 million compared to accounts payable of $27.64 million and inventory worth $64.64 million.
In 2023, Eastern Co's operating cash flow was $4.31 million while its capital expenditure stood at $1.63 million.
Comparatively, Eastern Co paid $0.24 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Eastern Co stock is currently trading at $19.8 per share. It touched a 52-week high of $24.228 and a 52-week low of $24.228. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $21 and 200-day moving average was $20.47 The short ratio stood at 10.53 indicating a short percent outstanding of 0%.
Around 669.6% of the company’s stock are held by insiders while 6811.4% are held by institutions.
Frequently Asked Questions About Eastern Co
Similar Industry Stocks (Tools & Accessories)
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes 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 for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEMs) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.