Eastside Distilling Stock Target Price and Analyst Consensus

EAST Stock  USD 1.08  0.15  16.13%   
The current analyst and expert consensus on Eastside Distilling is Buy, with no strong buy opinions. The current projected Eastside Distilling target price consensus is 5.00 with 1 analyst opinions. The most common way Eastside Distilling analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Eastside Distilling executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Eastside Distilling. We encourage you to use your own analysis of Eastside Distilling to validate this buy or sell advice. Eastside Distilling buy-or-sell recommendation module provides average expert sentiment on the projected Eastside Distilling target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Eastside Distilling to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.
Lowest Forecast
4.55
Highest Forecast
5.55
Target Price
5
Gross Profit is likely to gain to about (280.2 K) in 2024. Pretax Profit Margin is likely to drop to -0.75 in 2024. At this time, Eastside Distilling's Total Current Assets are comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 13 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 546.2 K in 2024.
  
It's important to approach Eastside Distilling's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Eastside Distilling price targets

Eastside Distilling's stock target price is an estimate of its future price, usually made by analysts. Using Eastside Distilling's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Eastside Distilling's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Eastside Distilling's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Eastside Distilling Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Eastside Distilling is a key component of Eastside Distilling valuation and have some predictive power on the future returns of a Eastside Distilling.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eastside Distilling's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.051.087.79
Details
Intrinsic
Valuation
LowRealHigh
0.102.038.74
Details
Naive
Forecast
LowNextHigh
0.021.137.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.31-0.31-0.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eastside Distilling. Your research has to be compared to or analyzed against Eastside Distilling's peers to derive any actionable benefits. When done correctly, Eastside Distilling's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eastside Distilling.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested a lot of shares
Chemicals Idea
Chemicals
Invested over 40 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 50 shares
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 Macroaxis Advice on Eastside Distilling to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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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The data published in Eastside Distilling's official financial statements usually reflect Eastside Distilling's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eastside Distilling. For example, before you start analyzing numbers published by Eastside accountants, it's critical to develop an understanding of what Eastside Distilling's liquidity, profitability, and earnings quality are in the context of the Beverages space in which it operates.
Please note, the presentation of Eastside Distilling's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastside Distilling's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eastside Distilling's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eastside Distilling. Please utilize our Beneish M Score to check the likelihood of Eastside Distilling's management manipulating its earnings.