Eastern Co Stock In The News

EML Stock  USD 23.12  0.34  1.45%   
Our overall analysis of Eastern's news coverage and content from conventional and social sources shows investors' bearish mood towards Eastern Co. The specific impact of Eastern news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Eastern's overall financial health and prospects. It also depends on the type and quality of a news publisher. Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Eastern headlines in addition to utilizing other, more conventional financial analysis modules. Check out Eastern Backtesting and Eastern Hype Analysis.

Eastern Today Top News and Investor Outlook

Yahoo News
Top Analyst Reports for IBM, Williams Cos & Hilton Worldwide
https://finance.yahoo.com/news/top-analyst-reports-ibm-williams-205100140.html
 Bullish
nasdaq News
Marsh & McLennan Companies Named Top Dividend Stock With Insider Buying and 1.82% Yield (MMC)
https://www.nasdaq.com/articles/marsh-mclennan-companies-named-top-dividend-stock-insider-buying-and-182-yield-mmc
 Bullish
seekingalpha News
Citi initiates Lumentum coverage with Buy, citing AI optics leadership
https://seekingalpha.com/news/4490536-citi-initiates-lumentum-coverage-with-buy-citing-ai-optics-leadership?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
 Bullish
seekingalpha News
Eastern Company signals $4M in annual savings through restructuring as it eyes M&A opportunities
https://seekingalpha.com/news/4480920-eastern-company-signals-4m-in-annual-savings-through-restructuring-as-it-eyes-m-and-a?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
 Bullish
seekingalpha News
The Eastern Company GAAP EPS of $0.33, revenue of $70.2M
https://seekingalpha.com/news/4479492-the-eastern-company-gaap-eps-of-0_33-revenue-of-70_2m?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
 Bullish
Investing News at Macroaxis
Eastern Co earnings missed by $0.27, revenue fell short of estimates
https://www.investing.com/news/earnings/eastern-co-earnings-missed-by-027-revenue-fell-short-of-estimates-4171792
 Neutral
seekingalpha News
The Eastern Company declares $0.11 dividend
https://seekingalpha.com/news/4476975-the-eastern-company-declares-0_11-dividend?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
 Bullish
nasdaq News
Albany International Becomes Oversold
https://www.nasdaq.com/articles/albany-international-becomes-oversold
 Bullish
Investing News at Macroaxis
Australia stocks higher at close of trade; S&P/ASX 200 up 1.37%
https://www.investing.com/news/stock-market-news/australia-stocks-higher-at-close-of-trade-spasx-200-up-137-4141078
 Neutral
Investing News at Macroaxis
Australia stocks higher at close of trade; S&P/ASX 200 up 0.90%
https://www.investing.com/news/stock-market-news/australia-stocks-higher-at-close-of-trade-spasx-200-up-090-4138785
 Neutral

Eastern Co Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Eastern and other traded companies coverage with news coverage. We help investors stay connected with Eastern headlines for the 2nd of October to make an informed investment decision based on correlating the impacts of news items on Eastern Stock performance. Please note that trading solely based on the Eastern Co hype is not for everyone as timely availability and quick action are needed to avoid losses.
Eastern's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Eastern Co investors visualize upcoming and past events in order to time the market based on Eastern Co noise-free hype analysis.

Eastern Investors Sentiment

The influence of Eastern's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eastern. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eastern's public news can be used to forecast risks associated with an investment in Eastern. The trend in average sentiment can be used to explain how an investor holding Eastern can time the market purely based on public headlines and social activities around Eastern Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eastern's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eastern's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eastern's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eastern.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eastern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eastern's short interest history, or implied volatility extrapolated from Eastern options trading.
When determining whether Eastern is a strong investment it is important to analyze Eastern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0)
Dividend Share
0.44
Earnings Share
1.73
Revenue Per Share
43.688
Quarterly Revenue Growth
(0.03)
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern's market value can be influenced by many factors that don't directly affect Eastern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.