Eaton Vance Municipal Stock Buy Hold or Sell Recommendation
| EVN Stock | USD 9.88 0.04 0.40% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Eaton Vance Municipal is 'Strong Hold'. Macroaxis provides Eaton Vance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVN positions. The advice algorithm takes into account all of Eaton Vance's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Eaton Vance's buy or sell advice are summarized below:
Real Value 9.96 | Hype Value 9.88 | Market Value 9.88 | Naive Value 9.89 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eaton Vance Municipal given historical horizon and risk tolerance towards Eaton Vance. When Macroaxis issues a 'buy' or 'sell' recommendation for Eaton Vance Municipal, the advice is generated through an automated system that utilizes algorithms and statistical models.
Eaton |
Execute Eaton Vance Buy or Sell Advice
The Eaton recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eaton Vance Municipal. Macroaxis does not own or have any residual interests in Eaton Vance Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eaton Vance's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Eaton Vance Trading Alerts and Improvement Suggestions
| Eaton Vance has a very strong financial position based on the latest SEC filings | |
| On 18th of April 2024 Eaton Vance paid $ 0.0461 per share dividend to its current shareholders | |
| Latest headline from finnewsnetwork.com.au: ASX closes 0.5 percent higher All four banks close higher |
Eaton Vance Returns Distribution Density
The distribution of Eaton Vance's historical returns is an attempt to chart the uncertainty of Eaton Vance's future price movements. The chart of the probability distribution of Eaton Vance daily returns describes the distribution of returns around its average expected value. We use Eaton Vance Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eaton Vance returns is essential to provide solid investment advice for Eaton Vance.
| Mean Return | 0.01 | Value At Risk | -1.09 | Potential Upside | 1.00 | Standard Deviation | 0.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eaton Vance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eaton Vance Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.3M | 6.2M | (5.2M) | (4.7M) | (4.2M) | (4.0M) | |
| Free Cash Flow | 37.6M | 40.7M | 79.5M | 71.8M | 82.6M | 86.7M | |
| Other Non Cash Items | 2.3M | 13.4M | 174.0M | 57.5M | 66.1M | 69.4M | |
| Dividends Paid | 22.3M | 22.7M | 22.2M | (18.8M) | (16.9M) | (16.1M) | |
| Net Income | 35.6M | 26.8M | (95.9M) | 13.3M | 12.0M | 14.0M | |
| End Period Cash Flow | 3.9M | 10.0M | 4.9M | 134.8K | 121.3K | 115.2K | |
| Net Borrowings | (2.1M) | (14.0M) | (11.8M) | (62.5M) | (56.3M) | (53.5M) | |
| Change To Netincome | (43.0M) | 2.3M | 13.4M | 174.0M | 200.1M | 210.1M |
Eaton Vance Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eaton Vance or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eaton Vance's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eaton stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.48 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.09 |
Eaton Vance Volatility Alert
Eaton Vance Municipal exhibits relatively low volatility with skewness of -0.32 and kurtosis of -0.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eaton Vance's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eaton Vance's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eaton Vance Fundamentals Vs Peers
Comparing Eaton Vance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eaton Vance's direct or indirect competition across all of the common fundamentals between Eaton Vance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eaton Vance or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eaton Vance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eaton Vance to competition |
| Fundamentals | Eaton Vance | Peer Average |
| Return On Equity | 0.03 | -0.31 |
| Return On Asset | 0.0235 | -0.14 |
| Profit Margin | 0.46 % | (1.27) % |
| Operating Margin | 0.85 % | (5.51) % |
| Current Valuation | 564.65 M | 16.62 B |
| Shares Outstanding | 39.67 M | 571.82 M |
| Shares Owned By Institutions | 23.19 % | 39.21 % |
| Number Of Shares Shorted | 47.02 K | 4.71 M |
| Price To Earning | 11.33 X | 28.72 X |
| Price To Book | 0.90 X | 9.51 X |
| Price To Sales | 13.78 X | 11.42 X |
| Revenue | 15.05 M | 9.43 B |
| Gross Profit | 29.61 M | 27.38 B |
| EBITDA | 13.29 M | 3.9 B |
| Net Income | 13.29 M | 570.98 M |
| Cash And Equivalents | 4.66 M | 2.7 B |
| Cash Per Share | 0.12 X | 5.01 X |
| Total Debt | 171.29 M | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Current Ratio | 2.79 X | 2.16 X |
| Book Value Per Share | 11.11 X | 1.93 K |
| Cash Flow From Operations | 71.8 M | 971.22 M |
| Short Ratio | 0.63 X | 4.00 X |
| Earnings Per Share | 0.34 X | 3.12 X |
| Beta | 0.45 | -0.15 |
| Market Capitalization | 391.52 M | 19.03 B |
| Total Asset | 617.66 M | 29.47 B |
| Retained Earnings | (36.6 M) | 9.33 B |
| Annual Yield | 0.06 % | |
| Five Year Return | 4.79 % | |
| Net Asset | 617.66 M | |
| Last Dividend Paid | 0.48 |
Eaton Vance Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eaton . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Eaton Vance Buy or Sell Advice
When is the right time to buy or sell Eaton Vance Municipal? Buying financial instruments such as Eaton Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 446.3M | 440.8M | 506.9M | 437.6M | Total Current Liabilities | 4.9M | 4.9M | 4.4M | 4.2M |
Use Investing Ideas to Build Portfolios
In addition to having Eaton Vance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Check out Eaton Vance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Eaton Stock analysis
When running Eaton Vance's price analysis, check to measure Eaton Vance'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 Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Eaton Vance'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 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 (0.82) | Dividend Share 0.475 | Earnings Share 0.34 | Revenue Per Share 0.724 | Quarterly Revenue Growth (0.02) |
The market value of Eaton Vance Municipal 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.
Please note, there is a significant difference between Eaton Vance's value and its price as these two are different measures arrived at by different 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.