Is Eaton Vance Stock a Good Investment?
Eaton Vance Investment Advice | EVM |
- Examine Eaton Vance's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Eaton Vance's leadership team and their track record. Good management can help Eaton Vance navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Eaton Vance's business and its evolving consumer preferences.
- Compare Eaton Vance's performance and market position to its competitors. Analyze how Eaton Vance is positioned in terms of product offerings, innovation, and market share.
- Check if Eaton Vance pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Eaton Vance's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Eaton Vance California stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eaton Vance California is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Eaton Vance Stock
Researching Eaton Vance's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 46.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.36. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eaton Vance California last dividend was issued on the 21st of November 2024.
To determine if Eaton Vance is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eaton Vance's research are outlined below:
| Eaton Vance has a strong financial position based on the latest SEC filings | |
| On 29th of November 2024 Eaton Vance paid $ 0.0417 per share dividend to its current shareholders | |
| Latest headline from investing.com: Saba Capital Management increases stake in Eaton Vance California Municipal Bond Fund with 275,996 purchase |
Eaton Vance's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 231.8 M.Market Cap |
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Eaton Vance's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.02 | 0.03 |
Determining Eaton Vance's profitability involves analyzing its financial statements and using various financial metrics to determine if Eaton Vance is a good buy. For example, gross profit margin measures Eaton Vance's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eaton Vance's profitability and make more informed investment decisions.
Evaluate Eaton Vance's management efficiency
Eaton Vance California has Return on Asset of 0.021 % which means that on every $100 spent on assets, it made $0.021 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.032 %, implying that it generated $0.032 on every 100 dollars invested. Eaton Vance's management efficiency ratios could be used to measure how well Eaton Vance manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.02. At this time, Eaton Vance's Return On Assets are very stable compared to the past year. As of the 1st of December 2024, Asset Turnover is likely to grow to 0.02, while Other Assets are likely to drop about 431.7 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.09 | 12.74 | |
| Tangible Book Value Per Share | 11.09 | 12.74 | |
| Enterprise Value Over EBITDA | 6.14 | 6.45 | |
| Price Book Value Ratio | 1.01 | 1.00 | |
| Enterprise Value Multiple | 6.14 | 6.45 | |
| Price Fair Value | 1.01 | 1.00 | |
| Enterprise Value | 469.2 M | 520.7 M |
The leadership approach at Eaton Vance's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Dividend Yield 0.0533 | Forward Dividend Yield 0.0533 | Forward Dividend Rate 0.5 | Beta 0.507 |
Basic technical analysis of Eaton Stock
As of the 1st of December, Eaton Vance shows the Downside Deviation of 0.524, mean deviation of 0.3536, and Coefficient Of Variation of 7798.27. Eaton Vance California technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Eaton Vance California variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Eaton Vance California is priced favorably, providing market reflects its regular price of 9.46 per share. Given that Eaton Vance has jensen alpha of (0), we urge you to verify Eaton Vance California's prevailing market performance to make sure the company can sustain itself at a future point.Eaton Vance's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eaton Vance insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eaton Vance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eaton Vance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Eaton Vance's Outstanding Corporate Bonds
Eaton Vance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eaton Vance California uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eaton bonds can be classified according to their maturity, which is the date when Eaton Vance California has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| EATON VANCE P Corp BondUS278265AE30 | View |
Understand Eaton Vance's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Eaton Vance's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.003 | |||
| Market Risk Adjusted Performance | 0.1858 | |||
| Mean Deviation | 0.3536 | |||
| Semi Deviation | 0.4516 | |||
| Downside Deviation | 0.524 | |||
| Coefficient Of Variation | 7798.27 | |||
| Standard Deviation | 0.4548 | |||
| Variance | 0.2069 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.1758 | |||
| Maximum Drawdown | 2.24 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.76 | |||
| Downside Variance | 0.2746 | |||
| Semi Variance | 0.204 | |||
| Expected Short fall | (0.38) | |||
| Skewness | (0.39) | |||
| Kurtosis | 0.5499 |
| Risk Adjusted Performance | 0.003 | |||
| Market Risk Adjusted Performance | 0.1858 | |||
| Mean Deviation | 0.3536 | |||
| Semi Deviation | 0.4516 | |||
| Downside Deviation | 0.524 | |||
| Coefficient Of Variation | 7798.27 | |||
| Standard Deviation | 0.4548 | |||
| Variance | 0.2069 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.1758 | |||
| Maximum Drawdown | 2.24 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.76 | |||
| Downside Variance | 0.2746 | |||
| Semi Variance | 0.204 | |||
| Expected Short fall | (0.38) | |||
| Skewness | (0.39) | |||
| Kurtosis | 0.5499 |
Consider Eaton Vance's intraday indicators
Eaton Vance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eaton Vance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Eaton Vance Corporate Filings
F4 | 29th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 25th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
| 19th of November 2024 Other Reports | ViewVerify | |
| 17th of October 2024 Other Reports | ViewVerify |
Eaton Stock media impact
Far too much social signal, news, headlines, and media speculation about Eaton Vance that are available to investors today. That information is available publicly through Eaton media outlets and privately through word of mouth or via Eaton internal channels. However, regardless of the origin, that massive amount of Eaton data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Eaton Vance news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Eaton Vance relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Eaton Vance's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Eaton Vance alpha.
Eaton Vance Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Eaton Vance can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Eaton Vance Corporate Management
| James Kirchner | Treasurer | Profile | |
| Richard Froio | Chief Compliance Officer | Profile | |
| Valerie Mosley | Independent Trustee | Profile | |
| Payson CFA | Chief VP | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton Vance. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton Vance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.145 | Dividend Share 0.382 | Earnings Share 0.33 | Revenue Per Share 0.611 | Quarterly Revenue Growth (0.09) |
The market value of Eaton Vance California is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Eaton Vance's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.