EATON VANCE MUNI INC 2028 TM (ETX) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:ETX - US27829U1051
ETX gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 0 industry peers in the Unkown industry. Both the profitability and financial health of ETX have multiple concerns. ETX does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- In the past year ETX was profitable.
- In multiple years ETX reported negative net income over the last 5 years.
- Of the past 5 years ETX 4 years had a positive operating cash flow.
1.2 Ratios
- The 3 year average ROIC (2.39%) for ETX is below the current ROIC(2.82%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 3.23% | ||
| ROIC | 2.82% |
1.3 Margins
- In the last couple of years the Profit Margin of ETX has declined.
- In the last couple of years the Operating Margin of ETX has grown nicely.
- In the last couple of years the Gross Margin of ETX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 79.51% | ||
| PM (TTM) | 69.64% | ||
| GM | 81.97% |
2. Health
2.1 Basic Checks
- ETX has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for ETX has been increased compared to 5 years ago.
- Compared to 1 year ago, ETX has an improved debt to assets ratio.
2.2 Solvency
- ETX has an Altman-Z score of 15.49. This indicates that ETX is financially healthy and has little risk of bankruptcy at the moment.
- ETX has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 15.49 |
2.3 Liquidity
- ETX has a Current Ratio of 0.05. This is a bad value and indicates that ETX is not financially healthy enough and could expect problems in meeting its short term obligations.
- A Quick Ratio of 0.05 indicates that ETX may have some problems paying its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
- ETX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.36%.
- The earnings per share for ETX have been decreasing by -23.25% on average. This is quite bad
- The Revenue has decreased by -9.79% in the past year.
- The Revenue has been decreasing by -6.03% on average over the past years.
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 31.71, which means the current valuation is very expensive for ETX.
- When comparing the Price/Earnings ratio of ETX to the average of the S&P500 Index (26.94), we can say ETX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.71 | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.59%, ETX is a good candidate for dividend investing.
- ETX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
5.2 History
- The dividend of ETX decreases each year by -2.87%.
- ETX has been paying a dividend for at least 10 years, so it has a reliable track record.
- ETX has decreased its dividend recently.
5.3 Sustainability
- ETX has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- ETX's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
NYSE:ETX (1/20/2026, 8:04:00 PM)
18.71
-0.02 (-0.08%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.71 | ||
| Fwd PE | N/A | ||
| P/S | 21.86 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 3.23% | ||
| ROCE | 3.57% | ||
| ROIC | 2.82% | ||
| ROICexc | 2.82% | ||
| ROICexgc | 2.82% | ||
| OM | 79.51% | ||
| PM (TTM) | 69.64% | ||
| GM | 81.97% | ||
| FCFM | N/A |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 15.49 |
EATON VANCE MUNI INC 2028 TM / ETX FAQ
What does ETX do?
Eaton Vance Municipal Income 2028 Term Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2013-03-26. Eaton Vance Municipal Income 2028 Term Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust’s seeks to achieve this by investing primarily in municipal obligations, a portion of which may be rated investment-grade, and a portion of which may be rated below investment-grade at the time of investment. The Trust’s invests at least over 80% of its net assets, plus borrowings for investment purposes, in debt obligations issued by or on behalf of states, territories and possessions of the United States, including the District of Columbia, and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax. The Trust’s invests at least 50% of its total managed assets in municipal obligations at the time of investment. The Trust’s investment adviser is Eaton Vance Management.
What is the stock price of EATON VANCE MUNI INC 2028 TM today?
The current stock price of ETX is 18.71 USD. The price decreased by -0.08% in the last trading session.
What is the ChartMill technical and fundamental rating of ETX stock?
ETX has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
Where is EATON VANCE MUNI INC 2028 TM (ETX) stock traded?
ETX stock is listed on the New York Stock Exchange exchange.
Should I buy ETX stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on ETX.