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Eastern Treads Share Price Target 2024, 2025, 2026 to 2039 With Charts
Eastern Treads Limited | |||
 | Symbol: EASTRED | ||
| Price: ₹43.91 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Eastern Treads Financial Performance
- 0.1.1: Is Eastern Treads A Good Buy For Long Term?
- 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: Summary: Eastern Treads Share Price Prediction For 2024
- 1.2: Eastern Treads Share Price Target For 2025
- 1.2.1: Eastern Treads Share Price Target Table For 2025
- 1.2.2: Summary: Eastern Treads Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Eastern Treads Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Eastern Treads Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Eastern Treads Past Performance
Eastern Treads Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 23.02 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, a small-cap stock with a market capitalization of ₹22.36 crore, presents a mixed picture for long-term investors. While it boasts a substantial revenue of ₹59.53 crore (TTM), a significant debt of ₹30.96 crore (Q1 2024-25) and a net loss of ₹2.94 crore are concerning. Although past 3-year returns are positive (24.42%), the 5-year return (-26.06%) and current negative profit margin indicate substantial risk. Considering this data, Eastern Treads is currently a not a good buy for long-term investment. Further investigation into the reasons for the net loss and debt levels is crucial before any investment decision.
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
| Eastern Treads's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 45.49 (+3.59%) | Price Action: 16 Oct 2024 High |
| 2024 Target 2 | 44.99 (+2.45%) | Price Action: 30 Oct 2024 High |
| 2024 Target 1 | 44.40 (+1.11%) | Price Action: Apr 2015 Low |
| Current Price | 43.91 | Eastern Treads's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 43.70 (-0.48%) | Price Action: 05 Nov 2024 Low |
| Stop Loss 2 | 43.25 (-1.51%) | Price Action: Nov 2018 Low |
| Stop Loss 3 | 42.80 (-2.53%) | Price Action: 22 Oct 2024 Low |
Summary: Eastern Treads Share Price Prediction For 2024
In summary, Eastern Treads has declined by ₹-0.02, recording a notable -0.05% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Eastern Treads for 2024 predicts an additional rise of 1.11% to 3.59% by the end of 2024 with three potential targets T1: 44.40, T2: 44.99, T3: 45.49. Stop Loss at SL1: 43.70, SL2: 43.25, SL3: 42.80.
Eastern Treads has a 52-week high of ₹51.40, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹31.05, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Eastern Treads.
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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
| Eastern Treads's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 56.48 (+28.62%) | Fibonacci Extension Level 150% |
| 2025 Target 2 | 55.46 (+26.3%) | Price Action: Chart |
| 2025 Target 1 | 54.91 (+25.05%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 43.91 | Eastern Treads's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 41.05 (-6.52%) | Price Action: Sep 2021 Low |
| Stop Loss 2 | 40.05 (-8.8%) | Price Action: Jan 2024 Low |
| Stop Loss 3 | 39.51 (-10.03%) | Price Action: Nov 2023 High |
Summary: Eastern Treads Share Price Prediction For 2025
In summary, Eastern Treads has declined by ₹-0.02, recording a notable -0.05% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Eastern Treads for 2025 predicts an additional rise of 25.05% to 28.62% by the end of 2025 with three potential targets T1: 54.91, T2: 55.46, T3: 56.48. Stop Loss at SL1: 41.05, SL2: 40.05, SL3: 39.51.
Eastern Treads has a All-Time high of ₹259.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹31.05, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Eastern Treads, we have created a specific page for that check here: Eastern Treads Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Eastern Treads Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Eastern Treads share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 8% over the next 15 years.
For complete year by year Eastern Treads long term share price target from 2024, 2025 to 2039 check the below table.
Eastern Treads Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Eastern Treads Target | YoY Change % |
|---|---|---|
| 2024 | ₹43.91 | [Current Price] |
| 2024 | ₹42.98 | -2.12% |
| 2025 | ₹50.46 | 17.4% |
| 2026 | ₹57.93 | 14.8% |
| 2027 | ₹61.81 | 6.69% |
| 2028 | ₹68.86 | 11.4% |
| 2029 | ₹69.81 | 1.39% |
| 2030 | ₹78.48 | 12.4% |
| 2031 | ₹86.87 | 10.69% |
| 2032 | ₹89.89 | 3.47% |
| 2033 | ₹97.54 | 8.51% |
| 2034 | ₹96.66 | -0.91% |
| 2035 | ₹106.49 | 10.16% |
| 2036 | ₹115.82 | 8.76% |
| 2037 | ₹117.97 | 1.85% |
| 2038 | ₹126.22 | 6.99% |
| 2039 | ₹126.18 | -0.04% |
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Eastern Treads Past Performance
- In 2009, Eastern Treads opening price was ₹10
- As of Thu 21 Nov 2024 the price stands at ₹43.91.
- This represents a Compound Annual Growth Rate (CAGR) of 9.69%.
- In 15 years, an investment of 10,000 would have become ₹43,910.
As we wrap up, we hope you like our study on Eastern Treads share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
