The Eastern Company (EML)

NASDAQ: EML · IEX Real-Time Price · USD
29.63
+0.64 (2.21%)
At close: May 17, 2024, 4:00 PM
30.00
+0.37 (1.25%)
After-hours: May 17, 2024, 4:04 PM EDT
2.21%
Market Cap 184.51M
Revenue (ttm) 268.89M
Net Income (ttm) 9.93M
Shares Out 6.23M
EPS (ttm) 1.58
PE Ratio 18.75
Forward PE n/a
Dividend $0.44 (1.49%)
Ex-Dividend Date May 14, 2024
Volume 11,266
Open 28.66
Previous Close 28.99
Day's Range 28.66 - 30.12
52-Week Range 16.10 - 35.78
Beta 1.15
Analysts n/a
Price Target n/a
Earnings Date May 6, 2024

About EML

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 m... [Read more]

Sector Industrials
Founded 1858
Employees 1,199
Stock Exchange NASDAQ
Ticker Symbol EML
Full Company Profile

Financial Performance

In 2023, EML's revenue was $273.45 million, a decrease of -2.08% compared to the previous year's $279.27 million. Earnings were $8.59 million, a decrease of -30.21%.

Financial Statements

News

The Eastern Company Reports First Quarter 2024 Results

Gross margin increases to 24% in Q1 2024 compared to 21% in Q1 2023. Net income for Q1 2024 rises to $1.9 million, or $0.31 per diluted share, compared to net income of $0.6 million, or $0.10 per dilu...

12 days ago - Accesswire

The Eastern Company Declares 335th Consecutive Quarterly Cash Dividend

SHELTON, CT / ACCESSWIRE / April 25, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable June 17, ...

23 days ago - Accesswire

The Eastern Company Announces Timing of First Quarter Fiscal Year 2024 Earnings Release and Conference Call

SHELTON, CT / ACCESSWIRE / April 22, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industri...

26 days ago - Accesswire

The Eastern Company Announces Timing of Virtual Annual Meeting of Shareholders

SHELTON, CT / ACCESSWIRE / April 5, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industria...

6 weeks ago - Accesswire

The Eastern Company Reports Fourth Quarter and Full Year 2023 Results

Gross Margin increased sequentially in each quarter of 2023, rising to 26.8% in Q4 2023 compared to 16.6% in Q4 2022. Cash flow from operations for the year ended December 30, 2023 increased $19.0 mil...

2 months ago - Accesswire

The Eastern Company Announces Timing of Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

SHELTON, CT / ACCESSWIRE / February 20, 2024 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other indus...

3 months ago - Accesswire

The Eastern Company Declares 334th Consecutive Quarterly Cash Dividend

SHELTON, CT / ACCESSWIRE / February 5, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable March 1...

3 months ago - Accesswire

The Eastern Company To Present at Virtual Investor Conference on November 15-16, 2023

SHELTON, CT / ACCESSWIRE / November 8, 2023 / The Eastern Company (NASDAQ:EML) today announced that President & CEO Mark Hernandez will present at the Sidoti Micro-Cap Conference, taking place virtual...

6 months ago - Accesswire

The Eastern Company Reports Third Quarter 2023 Results

Impact of new operational transformation program evident in working capital improvement, margin improvement and an increase in EPS from continuing operations sequentially. Gross margin as a percentage...

6 months ago - Accesswire

The Eastern Company Declares 333rd Consecutive Quarterly Cash Dividend

SHELTON, CT / ACCESSWIRE / October 31, 2023 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable Decembe...

7 months ago - Accesswire

The Eastern Company Announces Timing Of Third Quarter Fiscal Year 2023 Earnings Release And Conference Call

SHELTON, CT / ACCESSWIRE / October 20, 2023 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other indust...

7 months ago - Accesswire

The Eastern Company Announces Program to Repurchase Up to 200,000 Shares by August 20, 2028

SHELTON, CT / ACCESSWIRE / August 21, 2023 / The Eastern Company (NASDAQ:EML) (the "Company") announced that its Board of Directors has approved a new share repurchase program authorizing the Company ...

9 months ago - Accesswire

The Eastern Company Reports Second Quarter 2023 Results

New leadership team executing on its operational transformation program with results beginning to materialize. Cash flow from operations for the six months ended July 1, 2023 increased by $16 million ...

10 months ago - Accesswire

The Eastern Company Declares 332nd Consecutive Quarterly Cash Dividend

SHELTON, CT / ACCESSWIRE / August 1, 2023 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable September...

10 months ago - Accesswire

The Eastern Company Announces Timing of Second Quarter Fiscal Year 2023 Earnings Release and Conference Call

SHELTON, CT / ACCESSWIRE / July 21, 2023 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industria...

10 months ago - Accesswire

The Eastern Company Acquires the Business and Certain Assets of Sureflex, Inc.

SHELTON, CT / ACCESSWIRE / June 29, 2023 / The Eastern Company (the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and...

11 months ago - Accesswire

The Eastern Company Announces New $90 Million 5-Year Credit Facility

SHELTON, CT / ACCESSWIRE / June 20, 2023 / The Eastern Company (the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and...

11 months ago - Accesswire

The Eastern Company Reports First Quarter 2023 Results

Net sales from continuing operations rose 5% to $72.5 million compared to last year's period. Inventory down 11% compared to December 31, 2022; working capital also reduced quarter over quarter.

1 year ago - Accesswire

The Eastern Company to Exit Associated Tool Makers, Ltd.

Company Expects to Record a Charge of Approximately $4.0 Million in the Second Quarter SHELTON, CT / ACCESSWIRE / May 1, 2023 / The Eastern Company (the "Company") (NASDAQ:EML), an industrial manufact...

1 year ago - Accesswire

The Eastern Company Announces Timing of First Quarter Fiscal Year 2023 Earnings Release and Conference Call

SHELTON, CT / ACCESSWIRE / April 27, 2023 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industri...

1 year ago - Accesswire

The Eastern Company Declares 331st Consecutive Quarterly Cash Dividend

SHELTON, CT / ACCESSWIRE / April 27, 2023 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable June 15, ...

1 year ago - Accesswire

The Eastern Company Announces The Restructuring Of The Chief Operating Officer Position

SHELTON, CT / ACCESSWIRE / March 24, 2023 / The Eastern Company (the "Company" or "Eastern") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, ...

1 year ago - Accesswire

The Eastern Company Reports Fourth Quarter And Full-Year 2022 Results Full-year Net Sales From Continuing Operations Increased 13%

Strong demand across core markets, combined with superb execution by our teams, drove growth in net sales from continuing operations to $279.3 million in 2022, an increase of 13% compared to net sales...

1 year ago - Accesswire

The Eastern Company Announces Timing of Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

SHELTON, CT / ACCESSWIRE / February 23, 2023 / The Eastern Company (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other indus...

1 year ago - Accesswire

The Eastern Company Declares 330th Regular Quarterly Cash Dividend

SHELTON, CT / ACCESSWIRE / February 7, 2023 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable March 1...

1 year ago - Accesswire