Eastern Bankshares Stock Buy Hold or Sell Recommendation
| EBC Stock | USD 18.64 0.04 0.21% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Eastern Bankshares is 'Cautious Hold'. Macroaxis provides Eastern Bankshares buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EBC positions.
Check out Eastern Bankshares Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide. In addition, we conduct extensive research on individual companies such as Eastern and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Eastern |
Execute Eastern Bankshares Buy or Sell Advice
The Eastern recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eastern Bankshares. Macroaxis does not own or have any residual interests in Eastern Bankshares or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eastern Bankshares' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Eastern Bankshares Trading Alerts and Improvement Suggestions
| The company reported the last year's revenue of 796.46 M. Reported Net Loss for the year was (62.69 M) with profit before taxes, overhead, and interest of 726.29 M. | |
| Eastern Bankshares has a poor financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Novartis Kisqali receives European Commission approval in a broad population of patients with HRHER2- early breast cancer at high risk of recurrence |
Eastern Bankshares Returns Distribution Density
The distribution of Eastern Bankshares' historical returns is an attempt to chart the uncertainty of Eastern Bankshares' future price movements. The chart of the probability distribution of Eastern Bankshares daily returns describes the distribution of returns around its average expected value. We use Eastern Bankshares price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eastern Bankshares returns is essential to provide solid investment advice for Eastern Bankshares.
| Mean Return | 0.20 | Value At Risk | -3.19 | Potential Upside | 2.39 | Standard Deviation | 2.33 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eastern Bankshares 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.
Eastern Stock Institutional Investors
| Shares | Wellington Management Company Llp | 2024-06-30 | 3.1 M | William Blair Investment Management, Llc | 2024-09-30 | 2.4 M | Massachusetts Financial Services Company | 2024-09-30 | 2.3 M | Goldman Sachs Group Inc | 2024-06-30 | 2.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2 M | Northern Trust Corp | 2024-09-30 | 1.8 M | Systematic Financial Management Lp | 2024-09-30 | 1.7 M | Jpmorgan Chase & Co | 2024-06-30 | 1.5 M | Eastern Bank | 2024-09-30 | 1.5 M | Vanguard Group Inc | 2024-09-30 | 20 M | Fmr Inc | 2024-09-30 | 18.4 M |
Eastern Bankshares Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Borrowings | (98.9M) | (207.3M) | (36.3M) | 706.6M | 812.5M | 853.2M | |
| Capital Expenditures | 7.2M | 5.1M | 5.7M | 8.6M | 8.1M | 6.8M | |
| Change To Netincome | 9.0M | 100.8M | (3.3M) | 21.7M | 25.0M | 30.0M | |
| Investments | (145.3M) | (2.4B) | (2.4B) | (146.6M) | 1.4B | 1.4B | |
| Change In Cash | 102.9M | 1.7B | (822.3M) | (1.1B) | 523.6M | 549.7M | |
| Depreciation | 19.5M | 27.9M | 27.2M | 28.0M | 23.6M | 24.8M | |
| Net Income | 135.1M | 22.7M | 154.7M | 199.8M | (62.7M) | (59.6M) | |
| End Period Cash Flow | 362.6M | 2.1B | 1.2B | 169.5M | 693.1M | 798.6M | |
| Free Cash Flow | 188.7M | 64.7M | 168.8M | 221.3M | 253.6M | 200.4M | |
| Other Non Cash Items | (1.3M) | 100.9M | (51.2M) | 23.9M | 263.5M | 276.7M |
Eastern Bankshares 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 Eastern Bankshares or Banks 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 Eastern Bankshares' 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 Eastern 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 Dow Jones | -0.09 | |
β | Beta against Dow Jones | 2.18 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | 0.03 |
Eastern Bankshares Volatility Alert
Eastern Bankshares has relatively low volatility with skewness of 2.61 and kurtosis of 15.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eastern Bankshares' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eastern Bankshares' 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.Eastern Bankshares Fundamentals Vs Peers
Comparing Eastern Bankshares' 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 Eastern Bankshares' direct or indirect competition across all of the common fundamentals between Eastern Bankshares and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eastern Bankshares or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eastern Bankshares' fundamental indicators could also be used in its relative valuation, which is a method of valuing Eastern Bankshares by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eastern Bankshares to competition |
| Fundamentals | Eastern Bankshares | Peer Average |
| Return On Equity | 0.0295 | -0.31 |
| Return On Asset | 0.0039 | -0.14 |
| Profit Margin | 0.62 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 2.96 B | 16.62 B |
| Shares Outstanding | 198.91 M | 571.82 M |
| Shares Owned By Insiders | 0.97 % | 10.09 % |
| Shares Owned By Institutions | 74.07 % | 39.21 % |
| Number Of Shares Shorted | 3.77 M | 4.71 M |
| Price To Earning | 45.50 X | 28.72 X |
| Price To Book | 1.01 X | 9.51 X |
| Price To Sales | 6.10 X | 11.42 X |
| Revenue | 796.46 M | 9.43 B |
| Gross Profit | 726.29 M | 27.38 B |
| EBITDA | (62.69 M) | 3.9 B |
| Net Income | (62.69 M) | 570.98 M |
| Cash And Equivalents | 158.44 M | 2.7 B |
| Cash Per Share | 0.95 X | 5.01 X |
| Total Debt | 48.22 M | 5.32 B |
| Book Value Per Share | 18.66 X | 1.93 K |
| Cash Flow From Operations | 261.69 M | 971.22 M |
| Short Ratio | 3.54 X | 4.00 X |
| Earnings Per Share | 0.53 X | 3.12 X |
| Target Price | 18.5 | |
| Number Of Employees | 1.74 K | 18.84 K |
| Beta | 0.88 | -0.15 |
| Market Capitalization | 3.72 B | 19.03 B |
| Total Asset | 21.13 B | 29.47 B |
| Retained Earnings | 2.05 B | 9.33 B |
| Annual Yield | 0.03 % | |
| Net Asset | 21.13 B | |
| Last Dividend Paid | 0.44 |
Note: Disposition of 1590 shares by Ahlquist David Andrew of Eastern Bankshares at 12.81 subject to Rule 16b-3 [view details]
Eastern Bankshares Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eastern . 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.
| Accumulation Distribution | 9613.28 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.67 | |||
| Day Typical Price | 18.66 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 66.58 |
About Eastern Bankshares Buy or Sell Advice
When is the right time to buy or sell Eastern Bankshares? Buying financial instruments such as Eastern 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.
Use Investing Ideas to Build Portfolios
In addition to having Eastern Bankshares 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
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Check out Eastern Bankshares Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional 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 Eastern Bankshares. If investors know Eastern 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 Eastern Bankshares 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 (0.46) | Dividend Share 0.44 | Earnings Share 0.53 | Revenue Per Share 3.554 | Quarterly Revenue Growth 0.049 |
The market value of Eastern Bankshares is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Eastern Bankshares' 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 Eastern Bankshares' market value can be influenced by many factors that don't directly affect Eastern Bankshares' 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 Eastern Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Bankshares' 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.