Eastern Company (EML) Stock Price Prediction

The Eastern Co. engages in the design, manufacture, and sale of engineered solutions. The company is headquartered in Naugatuck, Connecticut and currently employs 1,246 full-time employees. The firm has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers' needs in the commercial transportation and logistics markets. The company designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. The company offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc., is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.