How to Buy Eastern Co Stock
Eastern Co
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally.
Eastern Co stock last closed at $29.39, up 0.03% from the previous day, and has increased 72.88% in one year. It has overperformed other stocks in the Tools & Accessories industry by 0.68 percentage points. Eastern Co stock is currently +82.55% from its 52-week low of $16.10, and -17.86% from its 52-week high of $35.78.
As of Apr 18, 2024, there are 6.21M shares of EML outstanding. The market capitalization of EML is $182.46M. In the last 24 hours, 23,220 EML shares were traded.
How to Buy Eastern Co Stock
Wondering how to invest in Eastern Co stock? Here's how.
- Choose where to buy Eastern Co stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Eastern Co stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Evaluate Eastern Co stock: The Eastern Co ticker symbol is EML. Is Eastern Co stock a good investment? Should you buy shares of EML? How do EML's underlying business fundamentals look? Do top analysts think Eastern Co is a good buy? Why has EML's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if EML is a good stock to buy).
- Place your EML trade: Decide if you will purchase EML shares at the current market price or use a limit order to purchase EML stock at a given price.
- Get notifications regarding your investment in EML: Create a watchlist to keep tabs on your investment in Eastern Co shares.
Step 1: Choose where to buy Eastern Co stock
You need an online brokerage account in order to access the NASDAQ market and buy EML stock.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you can invest in EML stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on a mobile trading app, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Evaluate Eastern Co stock
Once you have figured out the best place to buy Eastern Co stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Overview of key EML info
Fundamentals of EML
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on EML's stock page.
Is EML stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge EML's fair value.
Using relative valuations measures:
- EML could be overvalued based on its P/E ratio of 21.3x, relative to Tools & Accessories industry P/E ratio of 4.07x
- EML could be undervalued based on its P/B ratio of 1.38x, relative to Tools & Accessories industry P/B ratio of 2.67x
You can do additional valuation research on EML's stock here.
EML Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the EML balance sheet.
- There are more short-term assets than short-term liabilities on the EML balance sheet.
- EML's operating cash flow of $26.48M allows it to safely service it's debt of $62.08M.
Cons:
- EML has a relatively high debt to equity ratio of 0.9.
- EML profit margin has gone down from 4.4% to 3.1% in the past year.
- EML earnings of $14.50M is not sufficient to cover its interest payments.
- Total EML debt is higher than 5 years ago, relative to shareholder equity.
EML Technicals
EML Revenue
Last year, EML earnings were $8.59M. In the last five year, EML's earnings have gone up by -9.87% per year. This was slower than the Tools & Accessories industry average of 6.28%.
Last year, EML revenue was $273.45M. In the last 5 year, EML's revenue has gone up by 3.14% per year. This was slower than the Tools & Accessories industry average of 6.71%.
You can analyze EML's earnings and revenue performance here.
Who is buying/selling EML?
In the last year, insiders at EML have bought more shares than they have sold.
John Everets, Director of EML, was the latest EML insider to buy. They bought $19,849.92 worth of EML stock on Mar 18, 2024.
Learn more about who owns EML shares here.
Does EML stock generate passive income?
Eastern Co pays a dividend of 1.5%, compared to the Tools & Accessories industry's average dividend yield of 2.33%. If you owned $1,000 of EML stock, you would have been paid $14.97 in the past 12 months.
Eastern Co dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Eastern Co dividend yield and history here.
What do other traders have to say about EML?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your EML trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and your broker will place the order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in EML
Now that you own some shares in EML, you'll want to keep up with your shares.
Add EML to a watchlist to keep tabs on your EML stock.
EML Feed
How to Buy Stock in Eastern Co
To reiterate, here are the 6 steps to buy Eastern Co stock:
- Choose where to buy Eastern Co stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Eastern Co stock
- Place your EML trade
- Get notifications regarding your investment in EML
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Eastern Co, hit the button below to create your watchlist.
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