EAST - Eastside Distilling Inc Stock Price, Fair Value and News

1.03USD0.00 (0.00%)Delayed as of 16 May 2024, 02:42 pm ET

Market Summary

USD1.030.00

Delayedas of 16 May 2024, 02:42 pm

0.00%

EAST Stock Price

View Fullscreen

EAST RSI Chart

EAST Valuation

Market Cap

1.8M

Price/Earnings (Trailing)

-0.24

Price/Sales (Trailing)

0.17

EV/EBITDA

-0.29

Price/Free Cashflow

-1.05

EAST Price/Sales (Trailing)

EAST Profitability

Operating Margin

81.37%

EBT Margin

-69.48%

Return on Equity

1.5K%

Return on Assets

-42.47%

Free Cashflow Yield

-95.68%

EAST Fundamentals

EAST Revenue

Revenue (TTM)

10.4M

Rev. Growth (Yr)

-13.62%

Rev. Growth (Qtr)

19.51%

EAST Earnings

Earnings (TTM)

-7.2M

Earnings Growth (Yr)

19.09%

Earnings Growth (Qtr)

39.52%

Breaking Down EAST Revenue

52 Week Range

1.06

(Low)(High)

Last 7 days

-26.9%

Last 30 days

14.4%

Last 90 days

-8.8%

Trailing 12 Months

-73.3%

How does EAST drawdown profile look like?

EAST Financial Health

Current Ratio

0.3

EAST Investor Care

Shares Dilution (1Y)

105.01%

Diluted EPS (TTM)

-5.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	10.4M	0	0	0
2023	13.4M	11.1M	11.1M	10.8M
2022	13.4M	14.9M	14.7M	14.3M
2021	14.9M	14.7M	13.7M	12.9M
2020	11.9M	11.7M	11.5M	14.8M
2019	9.3M	11.6M	14.4M	12.2M
2018	3.7M	4.5M	5.6M	7.2M
2017	2.5M	2.9M	2.9M	3.1M
2016	1.8M	2.0M	2.3M	2.1M
2015	1.6M	1.6M	1.7M	1.7M
2014	1.0M	1.3M	1.6M	1.4M
2013	125.7K	116.1K	95.6K	874.4K
2012	86.6K	98.5K	110.4K	122.3K
2011	0	0	0	74.7K

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Eastside Distilling Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 13, 2023	levy-navarro elizabeth ann	sold	-5,350	1.0701	-5,000	-
Nov 30, 2023	finnsson eric j.	sold	-16,095	1.11	-14,500	-
Nov 20, 2023	finnsson eric j.	sold	-536	1.01	-531	-
Oct 02, 2023	grammen robert	acquired	80,750	1.615	50,000	-
Oct 02, 2023	levy-navarro elizabeth ann	acquired	111,501	3.0843	36,151	-
Sep 28, 2023	grammen robert	acquired	-	-	2,787	-
Sep 28, 2023	kilkenny stephanie	acquired	-	-	12,158	-
Sep 28, 2023	finnsson eric j.	acquired	-	-	30,782	-
Jun 20, 2023	finnsson eric j.	sold	-10,800	3.6	-3,000	-

Which funds bought or sold EAST recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Tower Research Capital LLC (TRC)	added	10.33	-1,666	9,202	-%
May 15, 2024	MORGAN STANLEY	sold off	-100	-742	-	-%
May 13, 2024	UBS Group AG	new	-	7,104	7,104	-%
May 13, 2024	FMR LLC	sold off	-100	-20.00	-	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	37.5	1.00	11.00	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%

Are Funds Buying or Selling EAST?

Are funds buying EAST calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EAST

No. of Funds

Unveiling Eastside Distilling Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Oct 10, 2023	bigger capital fund l p	19.3%	4,808	SC 13G/A
Feb 09, 2023	bigger capital fund l p	7.1%	96,153	SC 13G/A
Dec 21, 2022	kilkenny stephanie	15.63%	2,916,666	SC 13D
Feb 14, 2022	bigger capital fund l p	6.5%	681,818	SC 13G/A
Apr 30, 2021	bigger capital fund l p	8.0%	681,818	SC 13G
Feb 16, 2021	ars investment partners, llc	3.56%	360,914	SC 13G/A
Feb 16, 2021	ars investment partners, llc	6.36%	645,509	SC 13G
Jan 11, 2021	orca investment management, llc	0.44%	44,355	SC 13G/A
Jun 02, 2020	quad capital management advisors llc	5.9%	590,910	SC 13D/A
Jun 02, 2020	quad capital management advisors llc	5.9%	590,910	SC 13D/A

Recent SEC filings of Eastside Distilling Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	8-K	Current Report
May 13, 2024	10-Q	Quarterly Report
Apr 30, 2024	10-K/A	Annual Report
Apr 10, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 11, 2024	8-K	Current Report

Peers (Alternatives to Eastside Distilling Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
KO	272.0B	46.1B	8.60%	-0.13%	25.22	5.9	5.93%	9.28%
PEP	246.7B	91.9B	7.51%	-7.21%	26.87	2.69	4.36%	39.55%
MNST	56.5B	7.3B	0.22%	-9.53%	34.15	7.7	13.08%	27.77%
KDP	45.9B	14.9B	11.17%	6.18%	21.15	3.07	4.17%	64.49%
CELH	21.9B	1.3B	27.73%	112.91%	83.07	16.6	101.65%	272.45%
MID-CAP
FIZZ	4.4B	1.2B	3.06%	-6.63%	26.22	3.76	0.91%	20.76%
PRMW	3.4B	1.8B	21.99%	52.35%	39.92	1.89	6.18%	40.10%
SAM	3.4B	2.2B	0.38%	-11.68%	34.71	1.58	-2.28%	62.30%
SMALL-CAP
MGPI	1.8B	806.1M	3.14%	-20.41%	18.23	2.19	2.28%	-5.58%
COCO	1.5B	495.6M	9.28%	6.28%	27.48	3	12.34%	340.63%
NAPA	926.7M	396.9M	-2.43%	-42.52%	14.05	2.33	4.10%	18.38%
BRFH	28.1M	8.9M	67.86%	52.23%	-11.89	3.17	1.58%	61.60%
EAST	1.8M	10.4M	14.44%	-73.32%	-0.24	0.17	-22.49%	54.32%
WTER	-	62.6M	-100.00%	-100.00%	-	-	7.31%	42.62%

Eastside Distilling Inc News

Latest updates

Eastside Distilling Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	19.5%	2,487,000	2,081,000	3,081,000	2,757,000	2,879,000	2,360,000	3,064,000	5,123,000	3,780,000	2,752,000	3,277,000	3,618,000	3,243,000	3,540,000	4,275,000	3,834,000	3,133,000	219,686	4,509,522	4,003,013	3,460,779
Gross Profit	257.6%	186,000	-118,000	512,000	26,000	641,000	-148,000	190,000	1,452,000	947,000	598,000	860,000	909,000	543,000	73,000	1,404,000	1,421,000	725,000	-133,222	1,689,485	1,401,753	1,100,984
Operating Expenses	-11.6%	1,236,000	1,398,000	1,174,000	1,428,000	1,881,000	1,795,000	2,140,000	2,578,000	2,577,000	2,302,000	2,364,000	2,302,000	2,842,000	1,862,000	3,040,000	3,237,000	3,670,000	1,058,412	5,029,346	4,108,830	3,815,412
S&GA Expenses	-25.7%	251,000	338,000	381,000	369,000	511,000	547,000	702,000	729,000	647,000	527,000	533,000	697,000	857,000	897,000	806,000	970,000	1,513,000	-1,135,641	1,819,412	1,334,053	1,219,176
EBITDA Margin	-1.3%	-0.48	-0.47	-1.13	-1.11	-0.90	-0.87	-0.34	-0.31	-0.38	-0.28	-0.28	-0.25	-0.25	-	-	-	-	-	-	-	-
Interest Expenses	0.8%	248,000	246,000	207,000	326,000	329,000	240,000	808,000	762,000	406,000	369,000	414,000	345,000	126,000	214,000	252,000	319,000	304,000	169,401	113,287	117,902	107,410
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	39.5%	-1,293,000	-2,138,000	-2,156,000	-1,643,000	-1,598,000	-9,709,000	-2,733,000	-1,788,000	-2,036,000	-2,215,000	-1,893,000	-1,721,000	-225,000	-2,412,000	-1,851,000	-2,135,000	-3,249,000	-4,031,887	-3,453,090	-2,824,185	-2,821,838
EBT Margin	0.4%	-0.69	-0.70	-1.36	-1.42	-1.18	-1.14	-0.60	-0.53	-0.59	-0.47	-0.46	-0.42	-0.44	-	-	-	-	-	-	-	-
Net Income	39.5%	-1,293,000	-2,138,000	-2,156,000	-1,643,000	-1,598,000	-9,709,000	-2,733,000	-1,788,000	-2,036,000	-	-1,910,000	-1,768,000	3,708,000	-2,553,500	-1,767,000	-2,135,000	-3,249,000	400,000	-3,453,090	-2,824,185	-2,943,439
Net Income Margin	0.4%	-0.69	-0.70	-1.36	-1.42	-1.18	-1.14	-0.15	-0.15	-0.16	-0.17	-0.18	-0.16	-0.18	-	-	-	-	-	-	-	-
Free Cashflow	39.6%	-81,000	-134,000	-1,157,000	-311,000	-428,000	-1,033,000	-118,000	-690,000	-1,536,000	-3,372,000	-2,482,000	-1,744,000	1,385,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.6%	17,022	17,480	18,780	19,707	20,253	21,476	29,926	31,774	34,414	33,560	29,440	27,198	28,109	31,732	32,993	33,755	34,306	35,866	37,738	26,246	29,139
Current Assets	3.5%	4,696	4,537	5,749	6,143	6,057	6,620	7,045	8,256	15,016	14,105	12,063	9,023	9,884	12,841	13,201	14,309	13,725	14,470	15,441	15,577	19,075
Cash Equivalents	-16.6%	336	403	358	839	267	723	432	1,023	2,600	3,276	2,770	1,069	2,014	836	959	1,915	1,255	343	447	769	4,181
Inventory	-0.7%	3,189	3,212	3,563	3,610	3,989	4,442	4,975	5,231	6,085	6,510	6,058	6,283	6,155	6,728	10,325	10,749	11,056	7,140	12,258	11,908	11,566
Net PPE	-4.1%	4,571	4,768	4,995	5,156	5,489	5,741	6,168	6,470	2,151	2,163	2,455	2,997	2,792	3,109	3,367	3,642	4,227	4,687	5,609	5,647	4,805
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28.00	28.00	28.00	28.00	28.00	28.00	28.00
Liabilities	5.2%	17,498	16,627	16,126	23,745	23,262	22,992	20,971	20,184	21,813	20,161	18,138	18,519	19,794	32,840	32,079	31,311	30,025	28,533	23,942	10,713	11,179
Current Liabilities	278.2%	15,902	4,205	4,017	21,941	21,292	13,011	10,949	9,960	11,179	9,498	6,568	7,032	9,393	30,259	29,769	13,880	10,895	6,137	3,858	3,337	3,910
Shareholder's Equity	-155.8%	-476	853	2,654	-	-3,009	-1,516	8,955	11,590	12,601	13,398	11,302	8,679	8,315	-	914	2,400	4,281	7,333	13,796	15,533	17,960
Retained Earnings	-1.6%	-84,000	-82,706	-80,500	-78,300	-76,700	-75,021	-65,300	-62,500	-60,679	-58,605	-56,352	-52,200	-50,386	-54,094	-51,696	-49,929	-47,742	-44,234	-36,762	-33,217	-30,269
Additional Paid-In Capital	0.0%	83,561	83,559	83,185	74,299	73,646	73,505	74,228	74,092	73,278	72,003	67,653	60,832	58,700	52,985	52,609	52,372	52,023	51,566	50,557	48,750	48,229
Shares Outstanding	0%	1,706	1,706	1,538	968	833	810	772	755	745	740	704	613	554	519	-	-	-	-	-	-	-
Float	-	-	-	-	4,351	-	-	-	10,658	-	-	-	28,945	-	-	-	13,995	-	-	-	37,101	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	41.7%	-81.00	-139	-1,058	-211	-428	-1,028	-120	407	-136	-3,296	-2,493	-1,559	1,400	-151	-748	-779	-1,328	-1,185	-1,730	-2,335	-3,877
Share Based Compensation	-	-	-	-	-	-	-	-	1.00	2.00	2.00	2.00	4.00	19.00	45.00	81.00	94.00	68.00	156	147	171	192
Cashflow From Investing	-89.1%	14.00	128	-97.00	101	-28.00	166	2.00	-1,096	-1,389	-78.00	13.00	-149	3,419	-98.00	147	114	-26.00	154	-206	-1,018	-2,555
Cashflow From Financing	-100.0%	-	56.00	674	682	-	1,153	-473	-894	855	3,880	4,181	763	-3,641	126	-356	1,325	2,267	929	1,617	-58.86	-29.07

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

EAST Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Sales	$ 2,487	$ 2,879
Less customer programs and excise taxes	76	26
Net sales	2,411	2,853
Cost of sales	2,225	2,212
Gross profit	186	641
Operating expenses:
Sales and marketing expenses	251	511
General and administrative expenses	1,105	1,364
(Gain) loss on disposal of property and equipment	(120)	6
Total operating expenses	1,236	1,881
Loss from operations	(1,050)	(1,240)
Other income (expense), net
Interest expense	(248)	(329)
Other income (expense)	5	(29)
Total other expense, net	(243)	(358)
Loss before income taxes	(1,293)	(1,598)
Provision for income taxes
Net loss	(1,293)	(1,598)
Preferred stock dividends	(38)	(38)
Net loss attributable to common shareholders	$ (1,331)	$ (1,636)
Basic net loss per common share	$ (0.78)	$ (2.00)
Diluted net loss per common share	$ (0.78)	$ (2.00)
Basic weighted average common shares outstanding	1,706	824
Diluted weighted average common shares outstanding	1,706	824

EAST Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 336	$ 403
Trade receivables, net	673	559
Inventories	3,189	3,212
Prepaid expenses and other current assets	498	363
Total current assets	4,696	4,537
Property and equipment, net	4,571	4,768
Right-of-use assets	2,388	2,602
Intangible assets, net	4,902	5,005
Other assets, net	465	568
Total Assets	17,022	17,480
Current liabilities:
Accounts payable	2,392	2,076
Accrued liabilities	739	575
Deferred revenue	66	88
Current portion of secured credit facilities, related party	2,680
Current portion of secured credit facilities, net of debt issuance costs	364
Current portion of notes payable	8,079	486
Current portion of notes payable, related party	92	92
Current portion of lease liabilities	903	888
Other current liability, related party	587
Total current liabilities	15,902	4,205
Lease liabilities, net of current portion	1,596	1,824
Secured credit facilities, related party		2,700
Secured credit facilities, net of debt issuance costs		342
Notes payable, net of current portion		7,556
Total liabilities	17,498	16,627
Commitments and contingencies (Note 13)
Stockholders’ equity (deficit):
Common stock, $0.0001 par value; 6,000,000 shares authorized as of March 31, 2024 and December 31, 2023; and 1,707,751 shares and 1,705,987 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively
Additional paid-in capital	83,561	83,559
Accumulated deficit	(84,037)	(82,706)
Total stockholders’ equity (deficit)	(476)	853
Total Liabilities and Stockholders’ Equity (Deficit)	17,022	17,480
Series B Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock, value
Series C Preferred Stock [Member]
Stockholders’ equity (deficit):
Preferred stock, value

About Eastside Distilling Inc

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 AzuÃƒÂ±ia 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.

CEO	Mr. Geoffrey C. Gwin CFA
WEBSITE	eastsidedistilling.com
INDUSTRY	Beverages Non-Alcoholic
EMPLOYEES	49

Eastside Distilling Inc Frequently Asked Questions

What is the ticker symbol for Eastside Distilling Inc? What does EAST stand for in stocks?

EAST is the stock ticker symbol of Eastside Distilling Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Eastside Distilling Inc (EAST)?

As of Wed May 15 2024, market cap of Eastside Distilling Inc is 1.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EAST stock?

You can check EAST's fair value in chart for subscribers.

What is the fair value of EAST stock?

You can check EAST's fair value in chart for subscribers. The fair value of Eastside Distilling Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Eastside Distilling Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EAST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Eastside Distilling Inc a good stock to buy?

The fair value guage provides a quick view whether EAST is over valued or under valued. Whether Eastside Distilling Inc is cheap or expensive depends on the assumptions which impact Eastside Distilling Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EAST.

What is Eastside Distilling Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, EAST's PE ratio (Price to Earnings) is -0.24 and Price to Sales (PS) ratio is 0.17. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EAST PE ratio will change depending on the future growth rate expectations of investors.