The Eastern Company is a manufacturer of industrial hardware, security products and metal castings. The company was founded in 1858 and is based in Naugatuck, Connecticut.
EML Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Eastern Co. To summarize, we found that Eastern Co ranked in the 80th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 511%. In terms of the factors that were most noteworthy in this DCF analysis for EML, they are:
Eastern Co's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 3.6% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Eastern Co has a reliance on debt greater than 72.62% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DY, GNK, KE, USDP, and RGR can be thought of as valuation peers to EML, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
BOSTON--(BUSINESS WIRE)--Eastern Bank announced today that Eastern Bankshares, Inc. (the “Company”), the proposed stock holding company of Eastern Bank, is commencing its stock offering in connection with Eastern’s conversion from the mutual holding company structure to the stock holding company form of organization. Eastern Bank also announced that the registration statement for the sale of the Company’s common stock has been declared effective by the Securities and Exchange Commission. Easter
The Eastern Company (EML) declares $0.11/share quarterly dividend, in line with previous.Forward yield 2.72%Payable Sept. 15; for shareholders of record Aug. 14; ex-div Aug. 13.See EML Dividend Scorecard, Yield Chart, & Dividend Growth....
NAUGATUCK, CT / ACCESSWIRE / July 31, 2020 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of unique engineered solutions serving niche industrial markets, today announced the results of operations for the second quarter ended June 28, 2020.