Eagle Point Credit Stock Today
| ECCX Stock | USD 24.38 0.12 0.49% |
Performance5 of 100
| Odds Of DistressLess than 1
|
Eagle Point is trading at 24.38 as of the 16th of April 2024; that is -0.49 percent decrease since the beginning of the trading day. The stock's open price was 24.5. Eagle Point has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Eagle Point Credit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 30th of April 2018 | Category Financials |
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States. Eagle Point is traded on BATS Exchange in USA. The company has 0 outstanding shares. More on Eagle Point Credit
Moving together with Eagle Stock
| 0.68 | BREZR | Breeze Holdings Acqu | PairCorr |
Moving against Eagle Stock
| 0.87 | QTI | QT Imaging Holdings Symbol Change | PairCorr |
| 0.62 | DISTR | Distoken Acquisition | PairCorr |
| 0.57 | EVTC | Evertec Financial Report 24th of April 2024 | PairCorr |
| 0.5 | CETUR | Cetus Capital Acquisition | PairCorr |
| 0.5 | PRE | Prenetics Global Financial Report 3rd of June 2024 | PairCorr |
| 0.42 | STSSW | Sharps Technology Warrant | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Eagle Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eagle Point's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eagle Point or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Asset Management & Custody Banks, Investment Banking & Investment Services, Financials, Financials, Capital Markets, Capital Markets, Financial (View all Sectors) | |||||||||||||||
| Average Analyst Recommendation Analysts covering Eagle Point report their recommendations after researching Eagle Point's financial statements, talking to executives and customers, or listening in on Eagle Point's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eagle Point Credit. The Eagle consensus assessment is calculated by taking the average forecast from all of the analysts covering Eagle Point. | ||||||||||||||||
| Financial Strength Based on the key indicators related to Eagle Point's liquidity, profitability, solvency, and operating efficiency, Eagle Point Credit is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Eagle Point Credit is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||
Eagle Point Credit (ECCX) is traded on New York Stock Exchange in USA. It is located in 20 Horseneck Lane . Eagle Point is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 443.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eagle Point's market, we take the total number of its shares issued and multiply it by Eagle Point's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eagle Point Credit conducts business under Capital Markets sector and is part of Financials industry. The entity has 0 outstanding shares.
Eagle Point Credit currently holds about 19.69 M in cash with (61.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92.
Check Eagle Point Probability Of Bankruptcy
Eagle Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Eagle Point jumping above the current price in 90 days from now is about 26.11%. The Eagle Point Credit probability density function shows the probability of Eagle Point stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Eagle Point Credit has a beta of -0.064 suggesting as returns on the benchmark increase, returns on holding Eagle Point are expected to decrease at a much lower rate. During a bear market, however, Eagle Point Credit is likely to outperform the market. Additionally, eagle Point Credit has an alpha of 0.0368, implying that it can generate a 0.0368 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eagle Point to move above the current price in 90 days from now is about 26.11 (This Eagle Point Credit probability density function shows the probability of Eagle Stock to fall within a particular range of prices over 90 days) .
Eagle Point Historical Income Statement
Eagle Point Credit Income Statement is one of the three primary financial statements used for reporting Eagle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eagle Point Credit revenue and expense. Eagle Point Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More FundamentalsEagle Stock Against Markets
Picking the right benchmark for Eagle Point stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eagle Point stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eagle Point is critical whether you are bullish or bearish towards Eagle Point Credit at a given time. Please also check how Eagle Point's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eagle Point without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Money Managers Now
Money ManagersScreen money managers from public funds and ETFs managed around the world |
| All Next | Launch Module |
How to buy Eagle Stock?
Before investing in Eagle Point, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eagle Point. To buy Eagle Point stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eagle Point. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Eagle Point stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eagle Point Credit stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Eagle Point Credit stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eagle Point Credit, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Eagle Stock please use our How to Invest in Eagle Point guide.
Already Invested in Eagle Point Credit?
The danger of trading Eagle Point Credit is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eagle Point is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eagle Point. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eagle Point Credit is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eagle Point Credit is a strong investment it is important to analyze Eagle Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eagle Point's future performance. For an informed investment choice regarding Eagle Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Eagle Point Credit information on this page should be used as a complementary analysis to other Eagle Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Eagle Stock analysis
When running Eagle Point's price analysis, check to measure Eagle Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Is Eagle Point's industry 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 Eagle Point. If investors know Eagle 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 Eagle Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 2.4 |
The market value of Eagle Point Credit is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.