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Emerson Electric (EMR) Stock Falls Amid Market Uptick: What Investors Need to Know
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The most recent trading session ended with Emerson Electric (EMR - Free Report) standing at $105.05, reflecting a -0.1% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.15%.
The maker of process controls systems, valves and analytical instruments's shares have seen an increase of 0.5% over the last month, not keeping up with the Industrial Products sector's gain of 5.6% and the S&P 500's gain of 2%.
The investment community will be paying close attention to the earnings performance of Emerson Electric in its upcoming release. It is anticipated that the company will report an EPS of $1.48, marking a 14.73% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.59 billion, reflecting a 12.14% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.48 per share and a revenue of $17.46 billion, signifying shifts of +23.42% and +15.13%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Emerson Electric. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.09% higher. Emerson Electric presently features a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Emerson Electric has a Forward P/E ratio of 19.18 right now. This denotes a discount relative to the industry's average Forward P/E of 22.26.
It's also important to note that EMR currently trades at a PEG ratio of 1.74. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Manufacturing - Electronics industry held an average PEG ratio of 2.02.
The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 26, which puts it in the top 11% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Emerson Electric (EMR) Stock Falls Amid Market Uptick: What Investors Need to Know
The most recent trading session ended with Emerson Electric (EMR - Free Report) standing at $105.05, reflecting a -0.1% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.15%.
The maker of process controls systems, valves and analytical instruments's shares have seen an increase of 0.5% over the last month, not keeping up with the Industrial Products sector's gain of 5.6% and the S&P 500's gain of 2%.
The investment community will be paying close attention to the earnings performance of Emerson Electric in its upcoming release. It is anticipated that the company will report an EPS of $1.48, marking a 14.73% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.59 billion, reflecting a 12.14% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.48 per share and a revenue of $17.46 billion, signifying shifts of +23.42% and +15.13%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Emerson Electric. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.09% higher. Emerson Electric presently features a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Emerson Electric has a Forward P/E ratio of 19.18 right now. This denotes a discount relative to the industry's average Forward P/E of 22.26.
It's also important to note that EMR currently trades at a PEG ratio of 1.74. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Manufacturing - Electronics industry held an average PEG ratio of 2.02.
The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 26, which puts it in the top 11% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.