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.
Investment analysts gave a few price targets for EV. The most optimistic price target was 54.5, which equates to a potential upside of 10.89 percent. The minimum price target given was 45, implying potential capital losses of -8.44 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 3.03 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.44 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. 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.
The growth rate of EV's earnings is estimated by analysts to be 9.9 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of EV is 2.19.
In the last 52-weeks, EV has achieved a high of 50.10 and a low of 34.44. Today's price is 42.71 percent above the 52-week low, and below the high by 1.9 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.