Eaton Vance Corporation stock performance trend indicates that the stock price has rallied 8.67% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.49% . Looking at the past 52 week period, the stock price is up at 41.21% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Eaton Vance Corporation has a positive value of 21.43 compared to overall market.Eaton Vance Corp. is having a Relative Strength Index of 51.7 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Eaton Vance Corporation (NYSE:EV) has tumbled 0.86% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.4% in the last four weeks. The stocks have underperformed the S&P 500 by 1.1% during the past week but Eaton Vance Corporation (NYSE:EV) it has outperformed the index in 4 weeks by 4.2%.
Company shares have received an average consensus rating of Hold for the current week Eaton Vance Corporation (NYSE:EV) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.95 points or 2.03% at $45.88 with 1,329,298 shares getting traded. Post opening the session at $46.88, the shares hit an intraday low of $45.82 and an intraday high of $46.88 and the price was in this range throughout the day. The company has a market cap of $5,286 million and the number of outstanding shares has been calculated to be 115,213,640 shares. The 52-week high of Eaton Vance Corporation (NYSE:EV) is $47.83 and the 52-week low is $31.4.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Eaton Vance Corp was Upgraded by BofA/Merrill to Neutral on Feb 21, 2017.
Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Frederick S Marius (Chief Legal Officer) sold 45,893 shares at 43.71 per share price.On Dec 8, 2016, Ann E Berman (director) sold 13,188 shares at 43.05 per share price.On Dec 8, 2016, Winthrop H Jr Smith (director) sold 5,943 shares at 42.19 per share price.
Eaton Vance Corp Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.57. The company had revenue of $354.95 million for the quarter, compared to analysts expectations of $351.50 million. The companys revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.
Eaton Vance Corp.s principal business is creating, marketing and managing investment funds and providing investment management and counseling services to institutions and individuals.The Company conducts its investment management and counseling business through two wholly-owned subsidiaries, Eaton Vance Management and Boston Management and Research.The Companys growth has resulted from its ability to develop, offer successfully and manage effectively new funds and to increase the assets of existing Eaton Vance Funds.