Eaton Vance California Stock Today

EVM Stock  USD 9.35  0.01  0.11%   

Performance

0 of 100

 
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Odds Of Distress

Less than 6

 
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Low
Eaton Vance is selling at 9.35 as of the 25th of November 2024; that is 0.11 percent increase since the beginning of the trading day. The stock's lowest day price was 9.33. Eaton Vance has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Eaton Vance California are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
28th of August 2002
Classification
Financials
Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. Eaton Vance California Municipal Bond Fund was formed in 2002 and is domiciled in United States. Eaton Vance is traded on NYSEMKT Exchange in the United States.. The company has 24.67 M outstanding shares of which 15.67 K shares are currently shorted by investors with about 0.23 days to cover. More on Eaton Vance California

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Eaton Stock Highlights

ChairmanWilliam Park
Old Names[Orogen Royalties Inc, Enviromission Ltd]
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt150.2 M93.9 M
Way Up
Slightly volatile
Total Current Liabilities13.8 M13.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total152.3 M93.9 M
Way Up
Slightly volatile
Total Assets382.1 M320.8 M
Fairly Up
Slightly volatile
Total Current Assets13.7 M13.1 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities149.6 M142.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Eaton Vance can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eaton Vance's financial leverage. It provides some insight into what part of Eaton Vance's total assets is financed by creditors.
Liquidity
Eaton Vance California has 104.3 M in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. Eaton Vance California has a current ratio of 21.81, demonstrating that it is liquid and is capable to disburse its 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.

Net Income

6.55 Million
Eaton Vance California (EVM) is traded on NYSE MKT Exchange in USA. It is located in One Post Office Square, Boston, MA, United States, 02109 and employs 17 people. Eaton Vance is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 231.8 M. Eaton Vance California runs under Capital Markets sector within Financials industry. The entity has 24.67 M outstanding shares of which 15.67 K shares are currently shorted by investors with about 0.23 days to cover. Eaton Vance California has about 8.13 M in cash with 123.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check Eaton Vance Probability Of Bankruptcy
Ownership Allocation
Eaton Vance holds a total of 24.67 Million outstanding shares. 30% of Eaton Vance California outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Eaton Ownership Details

Eaton Vance Historical Income Statement

At this time, Eaton Vance's Interest Income is very stable compared to the past year. As of the 25th of November 2024, Depreciation And Amortization is likely to grow to about 167.8 K, while Gross Profit is likely to drop about 4.6 M. View More Fundamentals

Eaton Stock Against Markets

Eaton Vance Corporate Management

James KirchnerTreasurerProfile
Richard FroioChief Compliance OfficerProfile
Valerie MosleyIndependent TrusteeProfile
Payson CFAChief VPProfile
When determining whether Eaton Vance California is a strong investment it is important to analyze Eaton Vance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eaton Vance's future performance. For an informed investment choice regarding Eaton Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Asset Management & Custody Banks space 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
0.145
Dividend Share
0.382
Earnings Share
0.33
Revenue Per Share
0.611
Quarterly Revenue Growth
(0.09)
The market value of Eaton Vance California 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.