This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!
Eaton Vance Corp
EV : NYSE : Financial
$41.64 | %
Today's Range: 0.00 - 0.00
Avg. Daily Volume: 775,900
03/31/15 - 4:06 PM ET

Financial Analysis


EATON VANCE CORP's gross profit margin for the first quarter of its fiscal year 2015 has significantly decreased when compared to the same period a year ago. Sales and net income have dropped, although the growth in net income underperformed the average competitor within the industry, the revenue growth did not.

During the same period, stockholders' equity ("net worth") has decreased by 14.01% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY15 Q1 FY14
Net Sales ($mil)354.93360.26
EBITDA ($mil)56.42129.78
EBIT ($mil)50.56124.2
Net Income ($mil)29.071.36


Balance Sheet Q1 FY15 Q1 FY14
Cash & Equiv. ($mil)262.71424.02
Total Assets ($mil)1690.812293.08
Total Debt ($mil)714.181242.16
Equity ($mil)605.68704.38


Profitability Q1 FY15 Q1 FY14
Gross Profit Margin15.8936.02
EBITDA Margin15.8936.02
Operating Margin14.2534.48
Sales Turnover0.850.61
Return on Assets15.499.39
Return on Equity43.2530.57
Debt Q1 FY15 Q1 FY14
Current Ratio0.00.0
Debt/Capital0.540.64
Interest Expense8.5310.39
Interest Coverage5.9311.96


Share Data Q1 FY15 Q1 FY14
Shares outstanding (mil)118.43122.74
Div / share0.250.22
EPS0.240.56
Book value / share5.115.74
Institutional Own % n/a n/a
Avg Daily Volume759115.0940950.0

Valuation


BUY. EATON VANCE CORP's P/E ratio indicates a discount compared to an average of 21.05 for the Capital Markets industry and a value on par with the S&P 500 average of 19.41. For additional comparison, its price-to-book ratio of 8.10 indicates a significant premium versus the S&P 500 average of 2.74 and a significant premium versus the industry average of 2.34. The current price-to-sales ratio is well above the S&P 500 average, but below the industry average. The valuation analysis reveals that, EATON VANCE CORP seems to be trading at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
EV 19.55 Peers 21.05   EV 24.88 Peers 21.99

Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.

EV is trading at a valuation on par with its peers.

 

Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

EV is trading at a premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
EV 14.34 Peers 15.18   EV 4.34 Peers 5.67

Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.

EV is trading at a valuation on par with its peers.

 

Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

EV trades at a discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
EV 8.10 Peers 2.34   EV 25.44 Peers 5.26

Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

EV is trading at a significant premium to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

EV is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
EV 3.40 Peers 3.61   EV 3.26 Peers 2.43

Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

EV is trading at a valuation on par with its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

EV has a sales growth rate that significantly exceeds its peers.

 

 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Latest Stock Upgrades/Downgrades


Top Rated Stocks Top Rated Funds Top Rated ETFs