Eastern Company (The) (EML) Earns News Impact Rating of -0.03
News headlines about Eastern Company (The) (NASDAQ:EML) have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eastern Company (The) earned a media sentiment score of -0.03 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 47.0629175935531 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- MIDEAST STOCKS-Geopolitics weigh on region, UK sukuk ruling hits Dana Gas (feeds.reuters.com)
- Digital Power Corp Releases Details for 3rd Quarter Earnings Conference Call (feeds.benzinga.com)
- Eastern Company (The) (EML) Director Buys $39,615.00 in Stock (americanbankingnews.com)
- The Eastern Co. : EML-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 15, 2017 (finance.yahoo.com)
- Johnson Outdoors to Release Fiscal 2017 Fourth Quarter Results on December 8, 2017 (feeds.benzinga.com)
Shares of Eastern Company (NASDAQ EML) traded up $0.05 during midday trading on Friday, hitting $26.80. 6,246 shares of the company were exchanged, compared to its average volume of 11,370. Eastern Company has a fifty-two week low of $18.85 and a fifty-two week high of $31.50. The company has a current ratio of 3.16, a quick ratio of 1.73 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $167.81, a PE ratio of 17.87 and a beta of 0.33.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Tuesday, November 14th. Eastern Company (The)’s dividend payout ratio is currently 35.48%.
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In other news, VP John L. Sullivan III bought 1,400 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average cost of $25.77 per share, with a total value of $36,078.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frederick D. Disanto bought 1,500 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average cost of $26.41 per share, for a total transaction of $39,615.00. Following the completion of the acquisition, the director now owns 8,661 shares of the company’s stock, valued at $228,737.01. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 4,700 shares of company stock worth $122,043. 13.75% of the stock is owned by corporate insiders.
About Eastern Company (The)
The Eastern Company manufactures and sells industrial hardware, security products and metal products from over six United States operations and seven foreign subsidiaries. The Company maintains over 13 physical locations. It operates through three segments: Industrial Hardware, Security Products and Metal Products.
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