Eaton Vance Floating Stock Buy Hold or Sell Recommendation
| EFT Stock | USD 13.33 0.01 0.08% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Eaton Vance Floating 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 EFT 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 13.21 | Hype Value 13.33 | Market Value 13.33 | Naive Value 13.28 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eaton Vance Floating given historical horizon and risk tolerance towards Eaton Vance. When Macroaxis issues a 'buy' or 'sell' recommendation for Eaton Vance Floating, 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 Floating. Macroaxis does not own or have any residual interests in Eaton Vance Floating 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 | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Eaton Vance Trading Alerts and Improvement Suggestions
| Eaton Vance Floating has 118 M in debt with debt to equity (D/E) ratio of 0.59, which is OK given its current industry classification. Eaton Vance Floating has a current ratio of 0.07, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Eaton to invest in growth at high rates of return. | |
| On 31st of May 2024 Eaton Vance paid $ 0.118 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Acquisition by Saba Capital Management, L.p. of 237683 shares of Eaton Vance at 12.73 subject to Rule 16b-3 |
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 Floating 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 | 0.05 | Value At Risk | -0.84 | Potential Upside | 1.11 | Standard Deviation | 0.57 |
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 | (1.0M) | 8.3M | (7.5M) | 5.1M | 5.9M | 6.2M | |
| Dividends Paid | 40.2M | 29.2M | 28.0M | 30.7M | 27.6M | 30.5M | |
| Net Income | (46.8M) | 90.3M | (12.8M) | 14.9M | 17.2M | 15.7M | |
| End Period Cash Flow | 3.5M | 11.8M | 4.3M | 9.4M | 8.5M | 6.7M | |
| Free Cash Flow | 97.8M | (22.0M) | 278.3M | 64.9M | 74.6M | 64.8M | |
| Other Non Cash Items | 143.9M | (115.4M) | 294.2M | 51.7M | 59.4M | 36.8M | |
| Change To Inventory | 109.3K | (1.2M) | 1.3M | 32.8K | 29.5K | 28.0K |
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 | 0.31 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | 0.05 |
Eaton Vance Volatility Alert
Eaton Vance Floating exhibits very low volatility with skewness of 0.34 and kurtosis of -0.15. 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 | 0.14 | -0.31 |
| Return On Asset | 0.0561 | -0.14 |
| Profit Margin | 0.87 % | (1.27) % |
| Operating Margin | 0.92 % | (5.51) % |
| Current Valuation | 540.46 M | 16.62 B |
| Shares Outstanding | 26.18 M | 571.82 M |
| Shares Owned By Institutions | 27.90 % | 39.21 % |
| Number Of Shares Shorted | 353.04 K | 4.71 M |
| Price To Earning | 51.76 X | 28.72 X |
| Price To Book | 1.01 X | 9.51 X |
| Price To Sales | 6.14 X | 11.42 X |
| Revenue | 15.47 M | 9.43 B |
| Gross Profit | 31.26 M | 27.38 B |
| EBITDA | (39.01 M) | 3.9 B |
| Net Income | 14.92 M | 570.98 M |
| Cash And Equivalents | 4.34 M | 2.7 B |
| Cash Per Share | 0.15 X | 5.01 X |
| Total Debt | 118 M | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 0.07 X | 2.16 X |
| Book Value Per Share | 13.17 X | 1.93 K |
| Cash Flow From Operations | 64.91 M | 971.22 M |
| Short Ratio | 3.54 X | 4.00 X |
| Earnings Per Share | 1.72 X | 3.12 X |
| Beta | 0.57 | -0.15 |
| Market Capitalization | 348.74 M | 19.03 B |
| Total Asset | 580.57 M | 29.47 B |
| Retained Earnings | (97.52 M) | 9.33 B |
| Annual Yield | 0.11 % | |
| Five Year Return | 6.39 % | |
| Net Asset | 580.57 M | |
| Last Dividend Paid | 1.27 |
Note: Acquisition by Saba Capital Management, L.p. of 237683 shares of Eaton Vance at 12.73 subject to Rule 16b-3 [view details]
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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.33 | |||
| Day Typical Price | 13.33 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 68.83 |
About Eaton Vance Buy or Sell Advice
When is the right time to buy or sell Eaton Vance Floating? 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) | Cash | 2.4M | 8.8M | 7.9M | 6.6M | Accounts Payable | 7.0M | 11.9M | 10.7M | 18.3M |
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 Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor theme has 33 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 Beer and Liquor Theme or any other thematic opportunities.
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Additional 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.