Eastside Distilling Stock Today
EAST Stock | USD 1.05 0.03 2.78% |
Performance2 of 100
| Odds Of DistressOver 83
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Eastside Distilling is selling for under 1.05 as of the 25th of April 2024; that is -2.78 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.02. Eastside Distilling has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Eastside Distilling are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date 4th of January 2018 | Category Consumer Defensive | Classification Consumer Staples |
Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. Eastside Distilling, Inc. was founded in 2008 and is headquartered in Portland, Oregon. Eastside Distilling operates under BeveragesWineries Distilleries classification in the United States and is traded on NASDAQ Exchange. The company has 1.71 M outstanding shares of which 18.82 K shares are currently shorted by private and institutional investors with about 0.29 trading days to cover. More on Eastside Distilling
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 20th of May 2024
Eastside Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eastside Distilling's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastside Distilling or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Kestutis Sasnauskas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | EastWest Bioscience Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Distillers & Vintners, Beverages - Wineries & Distilleries, Consumer Defensive, OMX Stockholm Mid, NASDAQ Composite, Soft Drinks, Alcohol, Cigarettes, Beers, Beer and Liquor, Consumer Staples, Beverages, Beverages—Wineries & Distilleries, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Eastside Distilling report their recommendations after researching Eastside Distilling's financial statements, talking to executives and customers, or listening in on Eastside Distilling's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eastside Distilling. The Eastside consensus assessment is calculated by taking the average forecast from all of the analysts covering Eastside Distilling. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators obtained from Eastside Distilling's historical financial statements, Eastside Distilling is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Eastside Distilling is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Eastside Distilling's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eastside Distilling's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eastside Distilling's financial leverage. It provides some insight into what part of Eastside Distilling's total assets is financed by creditors.
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Eastside Distilling (EAST) is traded on NASDAQ Exchange in USA. It is located in 2321 NE Argyle Street, Portland, OR, United States, 97211 and employs 47 people. Eastside Distilling is listed under Distillers & Vintners category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastside Distilling's market, we take the total number of its shares issued and multiply it by Eastside Distilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eastside Distilling conducts business under Beverages sector and is part of Consumer Staples industry. The entity has 1.71 M outstanding shares of which 18.82 K shares are currently shorted by private and institutional investors with about 0.29 trading days to cover.
Eastside Distilling currently holds about 1.02 M in cash with (1.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Eastside Distilling Probability Of Bankruptcy
Ownership AllocationEastside Distilling shows 10.05 percent of its outstanding shares held by insiders and 18.48 percent owned by other corporate entities.
Check Eastside Ownership Details
Eastside Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Eastside Distilling jumping above the current price in 90 days from now is about 57.21%. The Eastside Distilling probability density function shows the probability of Eastside Distilling stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Eastside Distilling has a beta of 0.4482 suggesting as returns on the market go up, Eastside Distilling average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eastside Distilling will be expected to be much smaller as well. Additionally, eastside Distilling has an alpha of 0.0424, implying that it can generate a 0.0424 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eastside Distilling to move above the current price in 90 days from now is about 57.21 (This Eastside Distilling probability density function shows the probability of Eastside Stock to fall within a particular range of prices over 90 days) .
Eastside Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Eastside Distilling that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eastside Distilling's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eastside Distilling's value.Instituion | Recorded On | Shares | |
Tower Research Capital Llc | 2023-12-31 | 8.4 K | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 575 | |
Fmr Inc | 2023-12-31 | 15.0 | |
Wells Fargo & Co | 2023-12-31 | 8.0 | |
Blackrock Inc | 2023-12-31 | 0.0 | |
Ubs Group Ag | 2023-12-31 | 0.0 |
Eastside Distilling Historical Income Statement
Eastside Distilling Income Statement is one of the three primary financial statements used for reporting Eastside's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eastside Distilling revenue and expense. Eastside Distilling Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Eastside Distilling's Selling General Administrative is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 11.3 M in 2024, despite the fact that Gross Profit is likely to grow to (280.2 K). View More FundamentalsEastside Stock Against Markets
Picking the right benchmark for Eastside Distilling stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eastside Distilling stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eastside Distilling is critical whether you are bullish or bearish towards Eastside Distilling at a given time. Please also check how Eastside Distilling's historical prices are related to one of the top price index indicators.
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Eastside Distilling Corporate Directors
Eastside Distilling corporate directors refer to members of an Eastside Distilling board of directors. The board of directors generally takes responsibility for the Eastside Distilling's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eastside Distilling's board members must vote for the resolution. The Eastside Distilling board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Peter Hakansson | Director | Profile | |
Joe Ibrahim | Director Operations | Profile | |
Michael Fleming | Director | Profile | |
Stephanie Kilkenny | Company Director | Profile |
How to buy Eastside Stock?
Before investing in Eastside Distilling, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eastside Distilling. To buy Eastside Distilling stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eastside Distilling. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Eastside Distilling stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eastside Distilling stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Eastside Distilling stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eastside Distilling, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.
Already Invested in Eastside Distilling?
The danger of trading Eastside Distilling is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eastside Distilling is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eastside Distilling. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eastside Distilling is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eastside Distilling is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eastside Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eastside Distilling Stock. Highlighted below are key reports to facilitate an investment decision about Eastside Distilling Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Eastside Distilling's price analysis, check to measure Eastside Distilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastside Distilling is operating at the current time. Most of Eastside Distilling's value examination focuses on studying past and present price action to predict the probability of Eastside Distilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastside Distilling's price. Additionally, you may evaluate how the addition of Eastside Distilling to your portfolios can decrease your overall portfolio volatility.
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Is Eastside Distilling's industry 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 Eastside Distilling. If investors know Eastside 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 Eastside Distilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Revenue Per Share 9.623 | Quarterly Revenue Growth (0.13) | Return On Assets (0.17) | Return On Equity (2.60) |
The market value of Eastside Distilling is measured differently than its book value, which is the value of Eastside that is recorded on the company's balance sheet. Investors also form their own opinion of Eastside Distilling's value that differs from its market value or its book value, called intrinsic value, which is Eastside Distilling'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 Eastside Distilling's market value can be influenced by many factors that don't directly affect Eastside Distilling'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 Eastside Distilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastside Distilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastside Distilling'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.