Eaton Vance Corporation is in the financial services sector and is in the asset management industry. The company CEO is Thomas E. Faust. Eaton Vance Corp is engaged in providing asset management and investment advisory services to institutional and individual investors, high-net-worth clients, institutional separate accounts, and retail managed accounts.
Previous Intraday Trading Performance:
The EV stock showed a previous change of 4.69% with an open at 38.62 and a close of 39.75. It reached an intraday high of 39.76 and a low of 38.45.
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Liquidity:
The stock has a market cap of $4.6b with 114.5m shares outstanding, of which the float is 112.4m shares. Trading volume reached 619,688 shares compared to its average volume of 840,300 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Eaton Vance Corporation shares returned 0.99% and in the past 30 trading days it returned -5.30%. Over three months, it changed -4.15%. In one year it has changed -25.13% and within that year its 52-week high was 57.05 and its 52-week low was 32.28. EV stock is 23.14% above its 52 Week Low.
Our calculations show a 200 day moving average of 42.23 and a 50 day moving average of 40.28. Currently EV stock is trading -5.88% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
Earnings:
The last annual fiscal EPS for the company was reported at 3.11 that ended on 31st of October 2018, which according to the previous close, that is a PE of 12.78. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.74. The TTM EPS is 3.18, which comes to a TTM PE of 12.50. Historically, the PE high was 28.80 and the PE low was 12.50. EV stock has set a new PE low record!
Below was the last reported quarterly diluted earnings per share:
| Apr19 | (Reported on 05/21/2019): | 0.89 |
|---|---|---|
| Jan19 | (Reported on 02/26/2019): | 0.75 |
| Oct18 | (Reported on 11/27/2018): | 0.87 |
| Jul18 | (Reported on 08/29/2018): | 0.83 |
| Apr18 | (Reported on 05/22/2018): | 0.78 |
The dividend per share is currently 1.40, which is a dividend yield of 3.52%. Also, the payout ratio is 44.03%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 59.37, which means it is possibly undervalued and has a margin of safety of 33.04%.
Indicators to Watch:
Short-interest was 5,964,900, which was 5.21% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.78. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.
The current calculated beta is 1.56.
Fundamental Indicators:
Based on last reported financials, the company’s return on equity is 37.65%, return on assets is 13.30%, profit margin is 25.63%, price-to-sales is 2.60 and price-to-book is 3.99.
Company Scores:
All scores are out of six:
1 :Valuation Score
0 :Past Performance Score
3 :Financial Strength Score
0 :Future Growth Score
0 :Dividend Score
1 :Overall Score
