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.
A number of analysts gave price targets for EV. The maximum price target given was 54.5, which equates to a potential upside of 10.89 percent. The minimum price target given was 45, implying a possible loss of -8.44 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 3.03 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, 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.
Analysts estimate earnings of EV to grow at a rate of 9.9 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. EV has a PEG ratio of 2.19.
In the trailing 52-weeks, EV hit 50.10 at the highest peak, while it's lowest trading point was 34.44. The current market price is above the trailing year's low by 42.71 percent, and 1.9 percent below the high. EV has a price/earnings 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 market cap of EV is $5.75 billion. EV's next earnings release will be on 0000-00-00, which is days away.