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.

Several price targets were given for EV by the analysts covering the stock. The most optimistic analyst gave a price target of 54.5, implying potential capital gains of 10.89 percent. The most pessimistic price target was 45, which equates to a potential downside of -8.44 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.03 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. 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, while 0 analysts decreased their estimates.

The growth rate of EV's earnings is estimated by analysts to be 9.9 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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. 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 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 market cap of EV is $5.75 billion. EV's next earnings release will be on 0000-00-00, which is days away.