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 highest price target was 54.5, implying a possible profit of 10.89 percent. The minimum price target given was 45, which equates to a potential downside of -8.44 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 3.03 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.44 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 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.