(EML) Eastern - Ratings and Ratios

The Eastern Company, established in 1858 and headquartered in Shelton, Connecticut, is a prominent provider of engineered solutions tailored for various industrial sectors. The companys product portfolio encompasses turnkey returnable packaging solutions, which are integral to the assembly processes of vehicles, aircraft, and durable goods, as well as the production of plastic packaging, consumer goods, and pharmaceuticals. Additionally, Eastern specializes in designing and manufacturing blow mold tools and injection blow mold tooling products, including 2-step stretch blow molds, catering to the stretch blow molding industry. They also supply blow molds and change parts to diverse sectors such as food, beverage, healthcare, and chemicals.

Easterns offerings extend to a range of hardware components, including rotary latches, compression latches, hinges, camlocks, key switches, padlocks, and handles. The company further provides development and program management services for custom electromechanical and mechanical systems, targeting original equipment manufacturers (OEMs) and specific customer applications. Moreover, Eastern designs and manufactures proprietary vision technology for both OEMs and aftermarket applications, complementing their aftermarket components for heavy- and medium-duty trucks, motorhomes, and buses.

Based on the provided data, the 3-month forecast for Eastern Co (NASDAQ:EML) suggests cautious optimism. Technically, the stocks short-term trend may face headwinds as the SMA 20 (27.54) and SMA 50 (27.34) hover above the last price (27.17), indicating potential resistance. The SMA 200 (28.55) suggests a longer-term downtrend, which could influence price movements. The ATR of 0.91 signals low volatility, implying stable price fluctuations.

Fundamentally, with a market cap of $173.75M, Eastern operates in a competitive mid-cap space. The P/E ratio of 14.05 indicates reasonable valuation, though the P/S ratio of 0.61 may reflect moderate revenue generation. The P/B ratio of 1.46 suggests assets are fairly valued. Considering these factors, Easterns stock may experience sideways movement with potential upside if industrial demand strengthens, driven by sectors like automotive and aerospace. Investors should monitor earnings reports and industry trends for clearer directional cues.