Event-Driven Stocks

EASTERN CO

EMLNasdaq

Industrials · Cutlery, Handtools & General Hardware · CT · SEC filings ↗ · Compare ⊕

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Signs5 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY26FY24FY23FY22FY21FY19
Revenue$249.0M$272.8M$258.9M$279.3M$246.5M$251.7M
Operating income$10.7M$20.1M$17.0M$14.2M$13.5M$17.5M
Net income$7.1M−$8.5M$8.6M$12.3M$5.4M$13.3M
Total assets$216.7M$235.3M$252.0M$261.5M$275.5M$280.7M
Total liabilities$92.0M$114.6M$119.6M$134.9M$171.2M$175.2M
Equity$124.6M$120.7M$132.5M$126.6M$114.6M$105.4M
EPS (diluted)$1.17$-1.37$1.37$1.97$1.76$2.12
Shares out.6.0M6.2M6.2M6.2M6.2M6.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2026
Operating margin
4.3%
Net margin
2.9%
Return on equity
5.7%
Return on assets
3.3%
Return on capital (ROCE)
5.6%
Liabilities / assets
42.5%
Debt / equity
0.74×
Book value / share
$20.63
Revenue growth (YoY)
−8.7%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2026
Altman Z″ (distress)
6.00safe
Accruals / assets
0.8%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
73
/ 100
Profitability 100Growth 0Catalyst 67Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning5 good
  • Revenue declined year-over-year
  • Operating margin is positive
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026183,02412.7+17.5%
Apr 30, 2026155,78411.1-8.6%
Apr 15, 2026170,45613.7+2.5%
Mar 31, 2026166,3309.8-0.5%
Mar 13, 2026167,0796.9+27.2%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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