Eastern Treads (Small Cap) Share Target 2024, 2025 To 2039
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Eastern Treads Limited |
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Price: ₹35.67 | ||
| 52 Week Low: ₹31.05 52 Week High: ₹51.40 |
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| Market Capital: 22.71 Crore (Smallcap) | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Eastern Treads Share Price Target For 2024
- 1.1.1: Eastern Treads Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Eastern Treads Share Price Target For 2025
- 1.2.1: Eastern Treads Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Eastern Treads Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Eastern Treads Financial Performance
- 3.0.1: Is Eastern Treads A Good Buy For Long Term?
To predict the Eastern Treads's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Eastern Treads Share Price Target For 2024
The line chart displays the monthly closing prices of Eastern Treads with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Eastern Treads shares in 2024, see the table below.
Eastern Treads Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 37.96 (+6.41%) | Price Action: 06 Nov 2023 High |
| 2024 Target 2 | 37.54 (+5.24%) | Price Action: 10 Nov 2023 High |
| 2024 Target 1 | 37.16 (+4.17%) | Price Action: 17 Dec 2024 Low |
| Current Price | 35.67 | Eastern Treads's share price as of 26 Dec 2024 |
| Stop Loss 1 | 34.96 (-2%) | Price Action: 04 Dec 2023 High |
| Stop Loss 2 | 34.6 (-3%) | Price Action: 31 Jul 2023 High |
| Stop Loss 3 | 34.12 (-4.34%) | Price Action: 03 Nov 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Eastern Treads is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹40.39 serves as the nearest technical reference point.
Historical Returns: 3-month: -20.73% | 6-month: -8.27% | 1-year: -18.8%
Eastern Treads Share Price Target For 2025
The line chart displays the monthly closing prices of Eastern Treads with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Eastern Treads shares in 2025, see the table below.
Eastern Treads Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 48.98 (+37.31%) | Price Action: 24 Oct 2024 High |
| 2025 Target 2 | 48.44 (+35.79%) | Price Action: 09 Sep 2024 High |
| 2025 Target 1 | 47.9 (+34.28%) | Price Action: 03 Jan 2024 High |
| Current Price | 35.67 | Eastern Treads's share price as of 26 Dec 2024 |
| Stop Loss 1 | 32.55 (-8.75%) | Price Action: 05 Dec 2023 Low |
| Stop Loss 2 | 32.21 (-9.71%) | Price Action: 04 Dec 2023 Low |
| Stop Loss 3 | 31.61 (-11.39%) | Price Action: 21 Jul 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Eastern Treads is currently trading near its 52-week low of ₹31.05, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -18.8% | 3-year: -27.43% | 5-year: +32.11%
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Approach 2: Machine Learning By Studying Historical Prices
Eastern Treads Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹35.67 | ||
| 2024 | ₹43.93 | +23.15% | ₹44.59 |
| 2025 | ₹53.15 | +20.98% | ₹53.95 |
| 2026 | ₹62.45 | +17.49% | ₹63.39 |
| 2027 | ₹67.89 | +8.71% | ₹69.38 |
| 2028 | ₹76.81 | +13.13% | ₹77.96 |
| 2029 | ₹78.88 | +2.69% | ₹86.05 |
| 2030 | ₹89.63 | +13.62% | ₹90.97 |
| 2031 | ₹100.14 | +11.72% | ₹101.64 |
| 2032 | ₹104.46 | +4.31% | ₹106.03 |
| 2033 | ₹114.15 | +9.27% | ₹115.86 |
| 2034 | ₹113.83 | -0.28% | ₹124.74 |
| 2035 | ₹126.11 | +10.78% | ₹128.41 |
| 2036 | ₹137.83 | +9.29% | ₹139.90 |
| 2037 | ₹141.02 | +2.31% | ₹145.48 |
| 2038 | ₹151.49 | +7.42% | ₹153.76 |
| 2039 | ₹151.97 | +0.31% | ₹163.44 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Eastern Treads Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 22.71 Crore | Market valuation of Eastern Treads's shares. |
| Revenue (TTM) | 59.53 Crore | Total revenue generated by Eastern Treads over the past twelve months. |
| Net Income (TTM) | -2.94 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -0.26% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +35.28% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-3.91% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
-3.21 | Company's total debt divided by total shareholder equity. |
| Total Debt | 30.96 Crore | Sum of Eastern Treads's current & long-term financial obligations. |
Is Eastern Treads A Good Buy For Long Term?
Eastern Treads (market cap: ₹22.71 crore) presents a mixed picture for long-term investors. While its revenue reached ₹59.53 crore in the last twelve months (TTM), a significant net loss of ₹2.94 crore and substantial debt (₹30.96 crore as of Q1 2024-25) raise concerns. Positive aspects include strong past 3-year returns (30.27%), though recent performance is less impressive. Given the high debt and negative profit margin (-35.28%), despite recent revenue growth, classifying Eastern Treads as a "not a good buy" for the long term seems prudent. Further investigation into the reasons for the losses is recommended before considering any investment.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
