Eaton Vance stock: buy or sell?

ETV stock price: $11.81 5.54% At close on April 6th, 2020

Updated on:
April 6th, 2020

1

Shares of Eaton Vance skyrocketed a super good 5.54% and closed at $11.81. On Wednesday ETV plummed a chilling -8.16%.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management.

Should I buy Eaton Vance stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Eaton Vance stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Eaton Vance stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for ETV stock for the last month.

Eaton Vance stock analysis

Daily outlook

Eaton Vance skyrocketed a super good 5.54% and closed at $11.81.

Eaton Vance skyrocketed a super good 5.54% and closed at $11.81. Since price and SMA200d lines crossed down on Mar 5th, ETV fell $-2.48 per share (-17.35%). ETV is soaring again after a 12.12% correction from its last top on Tuesday at $12.46. On January, ETV hit new all time highs, pushing higher previous ATH of $15.10 recorded on January. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

ETV stock chart (daily)

Weekly outlook

After sliding a scary -6.88% in a week last week, Eaton Vance closed this week at $11.81 and boosted a superb 5.54%.

The downtrend marked by ETV has left successive declining tops and bottoms. There is a chance to rebound and reverse this situation if price can hold above the level. Not so far away is the last price record Eaton Vance marked late January, but since then it dropped a 22.66%. Since price and 40-weeks moving average lines crossed down late February, ETV fell $-3.12 per share (-20.90%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.

ETV stock chart (weekly)

Eaton Vance stock price history

Eaton Vance IPO was on June 28th, 2005 at $4.39 per share1. Since then, ETV stock surged a 169.00%, with an average of 12.10% per year. If you had invested $1,000 in Eaton Vance stock in 2005, it would worth $1,690.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Eaton Vance stock historical price chart

ETV stock reached all-time highs on January with a price of $15.27.

Eaton Vance stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price target for Eaton Vance stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

ETV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2009-Q1-n/an/an/a
2009-Q2-n/an/an/a
2018-Q2-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Eaton Vance ownership

When you are planning to invest in shares of a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Eaton Vance, 0.00% of all outstanding shares are owned by its staff.

In case of Eaton Vance stock, 12.63% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).

For a better context understanding, the next table shows ownership data compared to other related stocks:

ETV
Market cap$1.1 B
Total shares90.7 M
Float shares0.0 M
  - Institutional holdings (%)12.6%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Eaton Vance summary

Monday, April 6th, 2020
Open$11.25
Close$11.81
Day range$11.25 - $11.84
Previous close$11.19
Session gain5.54%
Average true range$0.91
50d mov avg$13.15
100d mov avg$13.84
200d mov avg$13.97
Daily patternlb01a
Weekly pattern lt02a

Eaton Vance performance

To better understand Eaton Vance performance you must compare its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Eaton Vance stock.
Stock3m6m12m
ETVEaton Vance-19.71%-17.41%-14.85%

Eaton Vance competitors

Unfortunately, we could not find any public company that could be defined as Eaton Vance competitor. This doesn't mean Eaton Vance does not have any competitor in the market, it's just we could not detected it.