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Is this Large Market Cap Stock target price reasonable for Eaton Vance Corp. (NYSE:EV)?

The company in question is, Eaton Vance Corp. (NYSE:EV) currently with a stock price of 37.3 (0.11% today). The market cap for Eaton Vance Corp. is 4276.33, and is in the sector Financial, and Asset Management industry. The target price for Eaton Vance Corp. is 39.14. Currently Eaton Vance Corp. is trading with a P/E of 17.93, and a forward P/E of 15.23. Average volume for Eaton Vance Corp. is 660.39 and so far today it is 499135.

Performance in the last year for Eaton Vance Corp. has been 12.47%. For EPS growth, Eaton Vance Corp. has seen a growth of -21.50%, and is looking to grow in the next year to 14.67%. More long term stats show that EPS growth has been 6.50% over the last five years and could be 8.40% for the next five years. Eaton Vance Corp. has seen sales growth quarter over quarter at -4.00%, with EPS growth quarter over quarter at -3.30%. The 20-day simple moving average is -4.23%, with the 200-day simple moving average coming to 8.70%.

Since the IPO date for Eaton Vance Corp. on the 3/27/1990, Eaton Vance Corp. has seen performance year to date to be 17.66%. With Eaton Vance Corp. trading at 37.3, the dividend yield is 2.84%, and the EPS is 2.08.

So could Eaton Vance Corp., be undervalued? Well as said before P/E is 17.93. The PEG is 2.13, P/S is 3.2 and the P/B is at 6.56. The P/cash is 10.79, with P/free cash flow at 20.55.

Eaton Vance Corp. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 1.55, and total debt/equity at 1.55.

In terms of margins, Eaton Vance Corp. has a gross margin of 83.70%, an operating margin of 31.00% and a profit margin of 17.80%.Payout ratio for Eaton Vance Corp. is 49.40%. Return on assets come to 12.00% with return on investment coming to 16.20%.

Insider ownership for Eaton Vance Corp., is at 0.70% and institutional ownership comes to 74.40%. Outstanding shares are at 114.77. While shares float is 108.6. The float short is currently 6.05%, and short ratio is 9.95.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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