NASDAQ:EAST

Eastside Distilling (EAST) Stock Price, News & Analysis

$1.05
-0.03 (-2.78%)
(As of 04/24/2024 ET)
Today's Range
$1.02
$1.11
50-Day Range
$0.87
$1.49
52-Week Range
$0.84
$8.22
Volume
107,867 shs
Average Volume
130,020 shs
Market Capitalization
$1.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50

Eastside Distilling MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
233.3% Upside
$3.50 Price Target
Short Interest
Healthy
1.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From $0.33 to ($0.10) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.83 out of 5 stars

EAST stock logo

About Eastside Distilling Stock (NASDAQ:EAST)

Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand. It also offers canning and printing services to the craft beer, cider, and kombucha beverage industries; and digital can printing and co-packing services. The company sells its products on a wholesale basis to distributors in the United States. Eastside Distilling, Inc. was incorporated in 2004 and is headquartered in Portland, Oregon.

EAST Stock Price History

EAST Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
4/24/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
N/A
Current Symbol
NASDAQ:EAST
Fax
N/A
Employees
51
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.50
High Stock Price Target
$3.50
Low Stock Price Target
$3.50
Potential Upside/Downside
+233.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-7,530,000.00
Pretax Margin
-71.77%

Debt

Sales & Book Value

Annual Sales
$10.80 million
Book Value
$0.55 per share

Miscellaneous

Free Float
1,380,000
Market Cap
$1.80 million
Optionable
Not Optionable
Beta
1.78
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EAST Stock Analysis - Frequently Asked Questions

Should I buy or sell Eastside Distilling stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eastside Distilling in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EAST shares.
View EAST analyst ratings
or view top-rated stocks.

What is Eastside Distilling's stock price target for 2024?

1 brokers have issued 1-year price objectives for Eastside Distilling's stock. Their EAST share price targets range from $3.50 to $3.50. On average, they anticipate the company's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 233.3% from the stock's current price.
View analysts price targets for EAST
or view top-rated stocks among Wall Street analysts.

How have EAST shares performed in 2024?

Eastside Distilling's stock was trading at $1.29 on January 1st, 2024. Since then, EAST shares have decreased by 18.6% and is now trading at $1.05.
View the best growth stocks for 2024 here
.

Are investors shorting Eastside Distilling?

Eastside Distilling saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 18,800 shares, a decrease of 42.5% from the March 15th total of 32,700 shares. Based on an average trading volume of 138,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.6% of the company's shares are short sold.
View Eastside Distilling's Short Interest
.

When is Eastside Distilling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our EAST earnings forecast
.

How were Eastside Distilling's earnings last quarter?

Eastside Distilling, Inc. (NASDAQ:EAST) issued its quarterly earnings results on Monday, April, 1st. The company reported ($1.16) earnings per share (EPS) for the quarter. The firm had revenue of $2 million for the quarter, compared to the consensus estimate of $3.68 million.

When did Eastside Distilling's stock split?

Eastside Distilling's stock reverse split before market open on Monday, May 15th 2023. The 1-20 reverse split was announced on Monday, May 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, May 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Eastside Distilling own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eastside Distilling investors own include International Paper (IP), KeyCorp (KEY), ONEOK (OKE), AT&T (T), Adaptimmune Therapeutics (ADAP), Allena Pharmaceuticals (ALNA), Apple Hospitality REIT (APLE), Alliance Resource Partners (ARLP) and Becton, Dickinson and Company (BDX).

How do I buy shares of Eastside Distilling?

Shares of EAST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EAST) was last updated on 4/25/2024 by MarketBeat.com Staff

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