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Easterly Acquisition

Nasdaq:EACQ
Snowflake Description

Poor track record with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EACQ
Nasdaq
$68M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Easterly Acquisition Corp. does not have significant operations. The last earnings update was 88 days ago. More info.


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EACQ Share Price and Events
7 Day Returns
-0.2%
NasdaqCM:EACQ
5.2%
US Capital Markets
3.1%
US Market
1 Year Returns
4%
NasdaqCM:EACQ
4.9%
US Capital Markets
10.3%
US Market
EACQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Easterly Acquisition (EACQ) -0.2% 0.5% - 4% 5.6% -
US Capital Markets 5.2% -4.2% -5.3% 4.9% 46.9% 89.2%
US Market 3.1% -4.7% -4% 10.3% 52% 102.7%
1 Year Return vs Industry and Market
  • EACQ underperformed the Market in United States of America which returned 10.3% over the past year.
Price Volatility
EACQ
Industry
5yr Volatility vs Market

EACQ Value

 Is Easterly Acquisition undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Easterly Acquisition. This is due to cash flow or dividend data being unavailable. The share price is $10.45.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Easterly Acquisition's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Easterly Acquisition's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:EACQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.25
NasdaqCM:EACQ Share Price ** NasdaqCM (2018-11-02) in USD $10.45
United States of America Capital Markets Industry PE Ratio Median Figure of 66 Publicly-Listed Capital Markets Companies 23.83x
United States of America Market PE Ratio Median Figure of 2,956 Publicly-Listed Companies 18.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Easterly Acquisition.

NasdaqCM:EACQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:EACQ Share Price ÷ EPS (both in USD)

= 10.45 ÷ 0.25

42.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Easterly Acquisition is overvalued based on earnings compared to the US Capital Markets industry average.
  • Easterly Acquisition is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Easterly Acquisition's expected growth come at a high price?
Raw Data
NasdaqCM:EACQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 42.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 1.76x
United States of America Market PEG Ratio Median Figure of 2,073 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Easterly Acquisition, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Easterly Acquisition's assets?
Raw Data
NasdaqCM:EACQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.77
NasdaqCM:EACQ Share Price * NasdaqCM (2018-11-02) in USD $10.45
United States of America Capital Markets Industry PB Ratio Median Figure of 125 Publicly-Listed Capital Markets Companies 4.78x
United States of America Market PB Ratio Median Figure of 4,971 Publicly-Listed Companies 1.88x
NasdaqCM:EACQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:EACQ Share Price ÷ Book Value per Share (both in USD)

= 10.45 ÷ 0.77

13.66x

* Primary Listing of Easterly Acquisition.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Easterly Acquisition is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Easterly Acquisition's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Easterly Acquisition has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EACQ Future Performance

 How is Easterly Acquisition expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Easterly Acquisition has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.8%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Easterly Acquisition expected to grow at an attractive rate?
  • Unable to compare Easterly Acquisition's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Easterly Acquisition's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Easterly Acquisition's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:EACQ Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7.8%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:EACQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:EACQ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:EACQ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 -1 2
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -2
2017-06-30 -1 -2
2017-03-31 -1 -2
2016-12-31 -0 -2
2016-09-30 -2 -2
2015-12-31 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Easterly Acquisition is high growth as no earnings estimate data is available.
  • Unable to determine if Easterly Acquisition is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:EACQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Easterly Acquisition Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:EACQ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:EACQ Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.25
2018-03-31 -0.16
2017-12-31 -0.19
2017-09-30 -0.29
2017-06-30 -0.36
2017-03-31 -0.34
2016-12-31 -0.29
2016-09-30 -0.35
2015-12-31 -0.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Easterly Acquisition will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Easterly Acquisition's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. Easterly Acquisition's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Easterly Acquisition's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Easterly Acquisition has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EACQ Past Performance

  How has Easterly Acquisition performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Easterly Acquisition's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if Easterly Acquisition's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare Easterly Acquisition's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • Easterly Acquisition has become profitable in the last year making it difficult to compare the US Capital Markets industry average.
Earnings and Revenue History
Easterly Acquisition's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Easterly Acquisition Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:EACQ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1.61 1.50
2018-03-31 -1.02 0.88
2017-12-31 -1.19 1.02
2017-09-30 -1.84 1.34
2017-06-30 -2.29 1.71
2017-03-31 -2.10 1.82
2016-12-31 -1.80 1.53
2016-09-30 -2.24 2.15
2015-12-31 -1.64 1.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Easterly Acquisition made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • It is difficult to establish if Easterly Acquisition has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • Unable to establish if Easterly Acquisition improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Easterly Acquisition's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Easterly Acquisition has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EACQ Health

 How is Easterly Acquisition's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Easterly Acquisition's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Easterly Acquisition's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Easterly Acquisition's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Easterly Acquisition's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Easterly Acquisition Company Filings, last reported 4 months ago.

NasdaqCM:EACQ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 5.00 1.73 0.00
2018-03-31 5.00 2.79 0.01
2017-12-31 5.00 0.61 0.01
2017-09-30 5.00 0.50 0.01
2017-06-30 5.00 0.35 0.01
2017-03-31 5.00 0.27 0.03
2016-12-31 5.00 0.02 0.02
2016-09-30 5.00 0.02 0.05
2015-12-31 5.00 0.00 0.27
  • Easterly Acquisition's level of debt (34.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Easterly Acquisition's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 0.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Easterly Acquisition's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Easterly Acquisition has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EACQ Dividends

 What is Easterly Acquisition's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Easterly Acquisition dividends.
If you bought $2,000 of Easterly Acquisition shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Easterly Acquisition's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Easterly Acquisition's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:EACQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1978 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:EACQ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Easterly Acquisition has not reported any payouts.
  • Unable to verify if Easterly Acquisition's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Easterly Acquisition's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Easterly Acquisition has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Easterly Acquisition's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Easterly Acquisition afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Easterly Acquisition has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EACQ Management

 What is the CEO of Easterly Acquisition's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Avshalom Kalichstein
AGE 43
TENURE AS CEO 3.5 years
CEO Bio

Mr. Avshalom Y. Kalichstein, also known as Avi, has been the Chief Executive Officer and Director at Easterly Acquisition Corp. since May 2015. Mr. Kalichstein serves as a Managing Principal at Easterly, LLC. He is responsible primarily for origination and underwriting potential candidates for acquisition or investment, with a particular focus on financial services and related credit investments. He was previously a Managing Director at Easterly, LLC. Mr. Kalichstein founded Solel Investment Group LLC in late 2011. Prior to forming Solel, he served as a Managing Director and Principal of J.C. Flowers & Co. LLC. He served as a Managing Director at J.C. Flowers & Co. LLC from 2004 to 2011. Mr. Kalichstein was responsible for originating, executing, managing, monitoring and disposing of financial services and private equity investments around the world. His areas of focus included consumer and commercial finance, banking and property/casualty insurance. Mr. Kalichstein led five of J.C. Flowers & Co.’s investments directly, representing approximately $750 million in financial services equity investments. On behalf of a J.C. Flowers & Co. portfolio company, he also led some of the largest and most important consumer finance investments in the Japanese market. From 2001 to 2004, Mr. Kalichstein served as a General Manager of Shinsei Bank, Ltd., where he led its corporate development group. While at Shinsei, he was part of the team that successfully deployed nearly $4 billion in excess capital. He also led the capital structure team whose work culminated in Shinsei’s successful initial public offering. Mr. Kalichstein served as a Vice President of Finance and Corporate Development of SoftNet Systems, Inc. He was an Associate with Capital Z Partners. He began his career in the Financial Institutions Group at Goldman Sachs. He serves as a Deputy Chairman of the Supervisory Board at Wurttembergische und Badische Versicherungs AG. Mr. Kalichstein serves on the Board of Managers of New Affirmative, LLC. He serves as a Member of the Board of Directors at various publicly traded and privately held companies. He served as a Director of Affirmative Insurance Holdings Inc. from November 9, 2005 to September 2011. Mr. Kalichstein received a B.A. magna cum laude in Mathematics and Economics from Brown University.

CEO Compensation
  • Insufficient data for Avshalom to compare compensation growth.
  • Insufficient data for Avshalom to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Avshalom Kalichstein

TITLE
CEO & Director
AGE
43
TENURE
3.5 yrs

Daniel Shea

TITLE
CFO & Secretary
AGE
53
TENURE
0.2 yrs

Eric Colandrea

TITLE
General Counsel
Board of Directors Tenure

Average tenure and age of the Easterly Acquisition board of directors in years:

3.3
Average Tenure
51
Average Age
  • The tenure for the Easterly Acquisition board of directors is about average.
Board of Directors

Darrell Crate

TITLE
Chairman of the Board
AGE
51
TENURE
3.5 yrs

Avshalom Kalichstein

TITLE
CEO & Director
AGE
43
TENURE
3.5 yrs

David Knowlton

TITLE
Director
AGE
60
TENURE
3.3 yrs

Neil Medugno

TITLE
Director
AGE
60
TENURE
0.3 yrs

Justin Tuck

TITLE
Director
AGE
35
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price ($) Value ($)
01. Nov 18 Sell Polar Asset Management Partners Inc. Company 30. Oct 18 30. Oct 18 -97,500 $10.51 $-1,024,725.00
30. Oct 18 Sell Polar Asset Management Partners Inc. Company 26. Oct 18 26. Oct 18 -249,000 $10.50 $-2,614,500.00
23. Oct 18 Sell Polar Asset Management Partners Inc. Company 19. Oct 18 19. Oct 18 -500,000 $10.50 $-5,250,000.00
27. Jun 18 Sell Jefferies Group LLC, Asset Management Arm Company 25. Jun 18 25. Jun 18 -500,000 $10.30 $-5,150,000.00
14. Dec 17 Sell Polar Asset Management Partners Inc. Company 12. Dec 17 12. Dec 17 -300,000 $10.06 $-3,018,000.00
X
Management checks
We assess Easterly Acquisition's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Easterly Acquisition has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EACQ News

External News
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Simply Wall St News

Does Easterly Acquisition Corp's (NASDAQ:EACQ) PE Ratio Signal A Selling Opportunity?

Easterly Acquisition Corp (NASDAQ:EACQ) trades with a trailing P/E of 31.1x, which is higher than the industry average of 17.8x. … While this makes EACQ appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … I will explain what the P/E ratio is as well as what you should look out for when using it

Simply Wall St -

Easterly Acquisition Corp (NASDAQ:EACQ): How Does It Impact Your Portfolio?

Based on this beta value, EACQ appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … With a market cap of US$59.33M, EACQ falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … Depending on the composition of your portfolio, low-beta stocks such as EACQ is valuable to lower your risk of market exposure, in particular, during times of economic decline.

Simply Wall St -

What Does Easterly Acquisition Corp's (NASDAQ:EACQ) Ownership Structure Look Like?

See our latest analysis for Easterly Acquisition NasdaqCM:EACQ Ownership_summary Mar 14th 18 Institutional Ownership EACQ's 205.72% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Private Company Ownership Another important group of owners for potential investors in EACQ are private companies that hold a stake of 120.15% in EACQ. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

Financial Stocks: Is Now The Time To Buy Easterly Acquisition Corp (NASDAQ:EACQ)?

Easterly Acquisition Corp (NASDAQ:EACQ), a US$58.81M small-cap, operates in the capital markets industry, which has recently been facing serious existential threats resulting from potential disintermediation and disruption from new technology. … In this article, I’ll take you through the sector growth expectations, as well as evaluate whether Easterly Acquisition is lagging or leading its competitors in the industry. … See our latest analysis for Easterly Acquisition What’s the catalyst for Easterly Acquisition's sector growth?

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What Are The Drivers Of Easterly Acquisition Corp's (NASDAQ:EACQ) Risks?

Based on this beta value, EACQ appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … With a market cap of $58.24M, EACQ falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … Depending on the composition of your portfolio, low-beta stocks such as EACQ is valuable to lower your risk of market exposure, in particular, during times of economic decline.

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Who Are Easterly Acquisition Corp's (EACQ) Major Shareholders?

For EACQ shareholders, the potential of this type of share price volatility shouldn't be as concerning as hedge fund ownership is is not significant,indicating few chances of such sudden price moves. … Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Potential investors in EACQ should also look at another important group of investors: private companies, with a stake of 107.35%, who are primarily invested because of strategic and capital gain interests.

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Is Now The Time To Bet On The Financial Sector And Easterly Acquisition Corp (EACQ)?

This rate is larger than the growth rate of the US stock market as a whole. … NasdaqCM:EACQ PE PEG Gauge Nov 24th 17 Capital markets companies are typically trading at a PE of 18x, in-line with the US stock market PE of 22x. … If EACQ has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the capital markets industry.

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How Long Will Loss-Making Easterly Acquisition Corp (EACQ) Survive?

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Currently, EACQ has less than a million in cash holdings and producing negative cash flows from its day-to-day activities of -$0.64M. … Now you know that if EACQ were to continue to grow its opex at a double-digit rate, it will not be able to sustain its operations given the current level of cash reserves.

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EACQ Company Info

Map
Description

Easterly Acquisition Corp. does not have significant operations. It intends to engage in a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with companies operating in the financial services industry. The company was founded in 2015 and is based in New York, New York.

Details
Name: Easterly Acquisition Corp.
EACQ
Exchange: NasdaqCM
Founded: 2015
$68,278,053
6,533,785
Website: http://www.easterlyacquisition.com
Address: Easterly Acquisition Corp.
375 Park Avenue,
21st Floor,
New York,
New York, 10152,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM EACQ Common Stock Nasdaq Capital Market US USD 23. Sep 2015
NasdaqCM EACQ.U Units Nasdaq Capital Market US USD 30. Jul 2015
Number of employees
Current staff
Staff numbers
0
Easterly Acquisition employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/05 21:39
End of day share price update: 2018/11/02 00:00
Last estimates confirmation: 2018/03/16
Last earnings filing: 2018/08/09
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.