Company profile

EML stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

5 Mar 20
4 Apr 20
28 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 68.73M 60.69M 61.44M 60.88M
Net income 4.97M 4.19M 2.53M 1.57M
Diluted EPS 0.79 0.67 0.4 0.25
Net profit margin 7.23% 6.91% 4.12% 2.58%
Operating income 6.44M 5.72M 2.96M 2.33M
Net change in cash 6.01M -1.68M 120.61K -378.48K
Cash on hand 18M 11.98M 13.67M 13.55M
Cost of revenue 50.65M 45.75M 46.43M 47.07M

Financial data from Eastern earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
26 Mar 20 DiSanto Frederick D. Common Stock, par value $0.01 per share Grant Aquire A 25.57 802 20.51K 13,324
26 Mar 20 Everets John Common Stock Grant Aquire A 25.57 704 18K 118,835
26 Mar 20 Henry Charles W Common Stock Grant Aquire A 25.57 703 17.98K 64,770
26 Mar 20 Mcmanus Michael A JR Common Stock Grant Aquire A 25.57 778 19.89K 13,017
26 Mar 20 James A Mitarotonda Common Shares Grant Aquire A 25.57 1,262 32.27K 10,625
65.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 54 55 -1.8%
Opened positions 3 4 -25.0%
Closed positions 4 2 +100.0%
Increased positions 17 18 -5.6%
Reduced positions 15 12 +25.0%
13F shares
Current Prev Q Change
Total value 164.87M 124.11M +32.8%
Total shares 4.11M 4.11M +0.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Barington Capital 575.7K $17.58M 0.0%
GBL Gamco Investors, Inc. Et Al 555.44K $16.96M -1.5%
Dimensional Fund Advisors 409.73K $12.51M -0.5%
TETAB Teton Advisors 360K $10.99M -0.1%
Minerva Advisors 336.8K $10.22M -4.5%
BLK BlackRock 285.29K $8.71M +0.4%
Vanguard 275.48K $8.41M +1.1%
Gabelli Funds 253.5K $7.74M -0.9%
Renaissance Technologies 220.2K $6.72M +1.1%
North Star Investment Management 118.98K $3.63M +1.7%
Largest transactions
Shares Bought/sold Change
Manatuck Hill Partners 20.7K +20.7K NEW
Minerva Advisors 336.8K -15.98K -4.5%
ZPR Investment Management 0 -10.02K EXIT
Nuveen Asset Management 9.61K -9.82K -50.6%
GBL Gamco Investors, Inc. Et Al 555.44K -8.3K -1.5%
MS Morgan Stanley 10.86K +5.49K +102.3%
JPM JPMorgan Chase & Co. 6.73K +4.95K +279.5%
STT State Street 87.45K +4.36K +5.2%
California Public Employees Retirement System 17.73K -3.1K -14.9%
Bridgeway Capital Management 65.69K +2.99K +4.8%

Financial report summary

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Risks
  • The Company’s business is subject to risks associated with conducting business overseas.
  • Our financial and operating performance may be adversely affected by epidemics and other health related issues.
  • Indebtedness may affect our business and may restrict our operating flexibility.
  • The phaseout of the London Interbank Offered Rate (LIBOR), or the replacement of LIBOR with a different reference rate, may adversely affect interest rates.
  • Increases in the price or reduced availability of raw materials could increase the cost of raw materials, decrease profit margins or impair the Company’s ability to meet production requirements on time or at all.
  • The Company faces active global competition and if it does not compete effectively, its business may suffer.
  • If tariffs on imported Chinese products are further expanded to include additional products and the tariff is reinstated to 25%, our cost of raw materials may increase, which could adversely affect our business, results of operations and financial condition.
  • The inability to develop new products could limit growth.
  • The inability to identify or complete acquisitions could limit growth.
  • We may be unable to successfully execute or effectively integrate acquisitions, including the Big 3 Precision acquistion and any businesses we may acquire in the future.
  • Changes in competition in the markets that the Company services could impact revenues and earnings.
  • Environmental compliance costs and liabilities could increase the Company’s expenses and adversely affect the Company’s financial condition.
  • Changes in climate may increase the frequency and intensity of adverse weather patterns and may negatively impact our business.
  • Our technology is important to the Company’s success and the failure to protect this technology could put the Company at a competitive disadvantage.
  • The Company relies on information and technology for many of its business operations, which could fail and cause disruption to the Company’s business operations.
  • A breach in the security of the Company’s software could harm its reputation, result in a loss of current and potential customers and subject the Company to material claims, which could materially harm our operating results and financial condition.
  • The Company could be subject to litigation, which could have a material impact on the Company’s business, financial condition or results of operations.
  • The Company could be subject to additional tax liabilities.
  • The Company’s goodwill or indefinite-lived intangible assets may become impaired, which could require a significant charge to earnings to be recognized.
  • The Company may need additional capital in the future, which may not be available on acceptable terms, if at all.
  • The Company’s stock price may become highly volatile.
  • The Company may not be able to reach acceptable terms for contracts negotiated with its labor unions and be subject to work stoppages or disruption of production.
  • Deterioration in the creditworthiness of several major customers could have a material impact on the Company’s business, financial condition or results of operations.
  • The Company’s operating results may fluctuate, which makes the results of operations difficult to predict and could cause the results to fall short of expectations.
  • New or existing U.S. or foreign laws could subject the Company to claims or otherwise impact the Company’s business, financial condition or results of operations.
Management Discussion
  • The Company’s fiscal year ends on the Saturday nearest to December 31.  Fiscal Years, 2019 and 2018 were each 52 weeks in length. References in this Management’s Discussion and Analysis of Financial Condition and Results of Operations to results for “2019” or “fiscal year 2019” mean the fiscal year ended December 28, 2019, and references to results for “2018” or “fiscal year 2018” mean the fiscal year ended December 29, 2018.
  • Sales for 2019 were $251.7 million compared to $234.3 million for 2018.  Net income for 2019 was $13.3 million, or $2.12 per diluted share, compared to $14.5 million, or $2.31 per diluted share, for 2018.  Sales for the fourth quarter of 2019 were $68.7 million compared to $56.6 million for the same period in 2018.  Net income for the fourth quarter of 2019 was $5.0 million, or $0.79 per diluted share compared to $4.4 million, or $0.70 per diluted share, for the comparable 2018 period.  The fourth quarter 2019 operating results include three months of Big 3 Precision sales and earnings while the full fiscal year includes four months of sales and earnings.  Big 3 Precision was acquired on August 30, 2019.
  • The dollar amount of the backlog of orders received by the Company increased as of the fiscal year ended December 28, 2019. Such backlogs were $71,200,000 at December 28, 2019, as compared to $46,888,000 at December 29, 2018.  The primary reasons for the change from 2018 to 2019 were significant backlog increases as the result of the acquisition of Big 3 Precision, stronger sales and a delay of year-end orders at Eberhard Manufacturing, and the timing of orders received from customers.  The Company anticipates continued growth in sales and earnings in fiscal 2020 primarily as a result of the acquisition of Big 3 Precision, new mirror program for Class 8 trucks being awarded to our Velvac subsidiary, and new products launches at the Eberhard Manufacturing and Illinois Lock businesses. The Company believes that as new programs and products launch, these will offset the impact from a forecasted 25-30% decline in Class 8 truck production and continued softening in the recreational vehicle market in 2020.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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