Eaton Vance stock: buy or sell?

ETW stock price: $7.47 7.02% At close on April 6th, 2020

Updated on:
April 6th, 2020

1

Eaton Vance shares rocketed 7.02% to $7.47 today. On Wednesday ETW collapsed a spooky -6.42%.

Should I buy Eaton Vance stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick 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 doesn't mean ETW will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Eaton Vance stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for ETW stock for the last 30 days.

Eaton Vance stock analysis

Daily outlook

Shares of Eaton Vance rocketed a super good 7.02% and closed at $7.47.

Shares of Eaton Vance rocketed a super good 7.02% and closed at $7.47. Since March 5th when ETW stock price broke down the SMA200d line, it slid $-2.03 per share (-21.37%). ETW is soaring again after a 9.40% correction from its last top on Tuesday at $7.66.

ETW stock chart (daily)

Weekly outlook

Shares of Eaton Vance boosted an outstanding 7.02% this week. By mid March ETW plunged a scary -20.39% in just one week.

The downtrend marked by ETW has left successive declining peaks and bottoms. There is an opportunity to rebound and reverse this situation if price can hold above the level. Since late February, when ETW stock price broke down the 40-weeks moving avarage line, it slid $-2.74 per share (-26.84%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

ETW stock chart (weekly)

Eaton Vance stock price history

Eaton Vance stock went public on November 21st, 2005 with a price of $4.001. Since then, ETW stock grew a 86.80%, with a yearly average of 6.20%. If you had invested right after ETW's IPO a $1,000 in Eaton Vance stock in 2005, it would worth $868.00 today.

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

Eaton Vance stock historical price chart

ETW stock reached 52-week highs on January at $10.38, and all-time highs 2018-08-21 with a price of 10.59.

Eaton Vance stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. 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

Eaton Vance let down experts when it reported an Earnings per Share (EPS) of $0.61 when the market consensus was $0.80.
ETW earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
1999-Q42000-03-09n/a0.18n/a
2000-Q12000-04-20n/a0.26n/a
2000-Q22000-07-25n/a0.49n/a
2000-Q32000-10-240.80.61-23.8%
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

Annual financial results

Compared to 2017, last anual sales report draw a chilling loss of -140.58% to $-86.48 M USD. In contrary, its income margin (compared to sales) grew to 101.21%, that is $-87.53 million.

ETW annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2005$74,711 M-$0.00 M0.0%-
2006$312,213 M317.89%$290,434 M93.0%0.00%
2007$226,021 M-27.61%$203,215 M89.9%-30.03%
2008$49,287 M-78.19%$0.00 M0.0%-100.00%
2017$213 M-99.57%$212 M99.5%0.00%
2018$-86.48 M-140.58%$-87.53 M101.2%-141.29%

Quarterly financial results

Reported quarter earnings marked million with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was nan%. When comparing revenues to same quarter last year, Eaton Vance sales marked and a . Looking back to recent quarterly results, Eaton Vance posted 3 positive quarters in a row.
ETW quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

Eaton Vance ownership

When you are planning to buy shares of a stock, it's always worth to review 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, 17.03% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).

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

ETW
Market cap$803.0 M
Total shares107.5 M
Float shares0.0 M
  - Institutional holdings (%)17.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Eaton Vance summary

Monday, April 6th, 2020
Open$7.17
Close$7.47
Day range$7.17 - $7.48
Previous close$6.98
Session gain7.02%
Average true range$0.57
50d mov avg$8.72
100d mov avg$9.36
200d mov avg$9.26
Daily patternlb01a
Weekly pattern lt02a

Eaton Vance performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Eaton Vance against in the following table:
Stock3m6m12m
ETWEaton Vance-26.33%-19.68%-17.73%

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.