We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Emerson Electric (EMR) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
In the latest market close, Emerson Electric (EMR - Free Report) reached $126.39, with a +0.13% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow added 0.07%, and the tech-heavy Nasdaq lost 0.05%.
Shares of the maker of process controls systems, valves and analytical instruments have depreciated by 4.8% over the course of the past month, outperforming the Industrial Products sector's loss of 8.42% and lagging the S&P 500's gain of 1.05%.
The upcoming earnings release of Emerson Electric will be of great interest to investors. The company's upcoming EPS is projected at $1.28, signifying a 4.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $4.23 billion, indicating a 2.81% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $5.94 per share and a revenue of $18.17 billion, demonstrating changes of +8.2% and +3.86%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Emerson Electric. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.19% lower. Emerson Electric is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Emerson Electric has a Forward P/E ratio of 21.26 right now. This valuation marks a discount compared to its industry's average Forward P/E of 22.96.
Investors should also note that EMR has a PEG ratio of 2.12 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Manufacturing - Electronics industry was having an average PEG ratio of 2.09.
The Manufacturing - Electronics industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 78, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Emerson Electric (EMR) Rises As Market Takes a Dip: Key Facts
In the latest market close, Emerson Electric (EMR - Free Report) reached $126.39, with a +0.13% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow added 0.07%, and the tech-heavy Nasdaq lost 0.05%.
Shares of the maker of process controls systems, valves and analytical instruments have depreciated by 4.8% over the course of the past month, outperforming the Industrial Products sector's loss of 8.42% and lagging the S&P 500's gain of 1.05%.
The upcoming earnings release of Emerson Electric will be of great interest to investors. The company's upcoming EPS is projected at $1.28, signifying a 4.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $4.23 billion, indicating a 2.81% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $5.94 per share and a revenue of $18.17 billion, demonstrating changes of +8.2% and +3.86%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Emerson Electric. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.19% lower. Emerson Electric is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Emerson Electric has a Forward P/E ratio of 21.26 right now. This valuation marks a discount compared to its industry's average Forward P/E of 22.96.
Investors should also note that EMR has a PEG ratio of 2.12 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Manufacturing - Electronics industry was having an average PEG ratio of 2.09.
The Manufacturing - Electronics industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 78, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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.