Analyst Ratings for Eaton Vance Corp. (EV)

Updated: 2017-07-26

Eaton Vance Corp. (NYSE:EV) was awarded an average rating of Hold from investment analysts following the stock. EV had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 1 analysts, 0 gave an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for EV. The highest price target was 54.5, implying potential capital gains of 10.89 percent. The most pessimistic analyst gave a price target of 45, implying a possible loss of -8.44 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 3.03 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.44 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

EV has an estimated earnings growth rate of 9.9 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. EV has a PEG ratio of 2.19.

EV has a 52-week high of 50.10 and a 52-week low of 34.44. The current market price is above the trailing year's low by 42.71 percent, and 1.9 percent lower than its 52-week high. EV has a P/E ratio of 21.65. Investors typically compare the P/E ratio to a company's peers in the industry. The EV value stock report compares EV to some of its peers using value stock charts. The stock has a market capitalization of $5.75 billion. EV's next earnings release will be on 0000-00-00, which is days away.