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Eastern Company Secures New $100 Million Credit Facility

Story Highlights
  • The Eastern Company secured a $100 million credit facility with Citizens Bank on October 28, 2025.
  • The company used $36 million from the new facility to repay its previous credit agreement, restructuring its debt.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eastern Company Secures New $100 Million Credit Facility

Meet Your ETF AI Analyst

Eastern Company ( (EML) ) has issued an announcement.

On October 28, 2025, The Eastern Company entered into a new Credit Agreement with Citizens Bank, N.A., providing a $100 million five-year senior secured revolving credit facility. This agreement allows for revolving loans, swing line loans, and letters of credit, with the potential to increase the commitment by $75 million. The company used approximately $36 million from this facility to repay its prior credit agreement, which included a $60 million term portion and a $50 million revolving commitment portion, effectively restructuring its debt obligations.

The most recent analyst rating on (EML) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Eastern Company stock, see the EML Stock Forecast page.

Spark’s Take on EML Stock

According to Spark, TipRanks’ AI Analyst, EML is a Neutral.

Eastern Company’s overall stock score reflects significant challenges in financial performance, particularly in profitability and revenue growth. While technical indicators suggest potential for a rebound, and valuation metrics indicate reasonable pricing, the recent earnings call highlights ongoing difficulties in key markets. Strategic initiatives and cost management efforts provide some optimism, but the company needs to address its profitability and cash management issues to improve its financial health.

To see Spark’s full report on EML stock, click here.

More about Eastern Company

Average Trading Volume: 10,731

Technical Sentiment Signal: Sell

Current Market Cap: $130.2M

Find detailed analytics on EML stock on TipRanks’ Stock Analysis page.

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