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Eaton Corporation plc (ETN) PE Ratio stood at $36.10: Odds are Looking Good After Recent Activity

As on November 03, 2021, Eaton Corporation plc (NYSE: ETN) started slowly as it slid -1.25% to $169.49. During the day, the stock rose to $172.01 and sunk to $167.33 before settling in for the price of $171.63 at the close. Taking a more long-term approach, ETN posted a 52-week range of $104.34-$172.24.


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The Industrials Sector giants’ yearly sales growth during the last 5-year period was -3.10%. Meanwhile, its Annual Earning per share during the time was -3.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -33.60%. This publicly-traded company’s shares outstanding now amounts to $398.80 million, simultaneously with a float of $397.82 million. The organization now has a market capitalization sitting at $67.64 billion. At the time of writing, stock’s 50-day Moving Average stood at $160.03, while the 200-day Moving Average is $147.44.

While finding the extent of efficiency of the company that is accounted for 85000 employees. It has generated 194,136 per worker during the last fiscal year. Meanwhile, its income per employee was 15,328. The stock had 5.47 Receivables turnover and 0.55 Total Asset turnover. For the Profitability, stocks gross margin was +30.49, operating margin was +13.00 and Pretax Margin of +9.78.

Eaton Corporation plc (ETN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Specialty Industrial Machinery industry. Eaton Corporation plc’s current insider ownership accounts for 0.10%, in contrast to 83.10% institutional ownership. According to the most recent insider trade that took place on Aug 20, this organization’s See remarks below sold 1,000 shares at the rate of 166.97, making the entire transaction reach 166,970 in total value, affecting insider ownership by 5,014. Preceding that transaction, on Aug 19, Company’s See Remarks below. sold 7,529 for 168.00, making the whole transaction’s value amount to 1,264,872. This particular insider is now the holder of 13,232 in total.

Eaton Corporation plc (ETN) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 9/29/2021, the company posted $1.75 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.73) by $0.02. This company achieved a net margin of +7.90 while generating a return on equity of 9.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.64 per share during the current fiscal year.

Eaton Corporation plc’s EPS decrease for this current 12-month fiscal period is -33.60% and is forecasted to reach 7.33 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.80% through the next 5 years, which can be compared against the -3.70% growth it accomplished over the previous five years trading on the market.

Eaton Corporation plc (NYSE: ETN) Trading Performance Indicators

Let’s observe the current performance indicators for Eaton Corporation plc (ETN). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 3.38. Alongside those numbers, its PE Ratio stands at $36.10, and its Beta score is 1.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.54. Similarly, its price to free cash flow for trailing twelve months is now 61.77.

In the same vein, ETN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.70, a figure that is expected to reach 1.73 in the next quarter, and analysts are predicting that it will be 7.33 at the market close of one year from today.

Technical Analysis of Eaton Corporation plc (ETN)

Through scrutinizing the latest numbers posted by the [Eaton Corporation plc, ETN], it can be observed that its last 5-days Average volume of 1.86 million was lower the volume of 1.87 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 81.65% While, its Average True Range was 3.58.

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Raw Stochastic average of Eaton Corporation plc (ETN) in the period of the previous 100 days is set at 91.70%, which indicates a major rise in contrast to 78.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.41% that was higher than 20.79% volatility it exhibited in the past 100-days period.

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