Emerson Electric Co. (NYSE: EMR) kicked off on Monday, up 0.26% from the previous trading day, before settling in for the closing price of $104.64. Over the past 52 weeks, EMR has traded in a range of $83.10-$119.53.
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During the last 5-year period, the sales drop of Industrials Sector giant was -1.78%. While this was happening, its average annual earnings per share was recorded 23.29%. With a float of $570.71 million, this company’s outstanding shares have now reached $572.00 million.
Let’s determine the extent of company efficiency that accounts for 67000 employees. In terms of profitability, gross margin is 29.39%, operating margin of -3.91%, and the pretax margin is 12.67%.
Emerson Electric Co. (EMR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Emerson Electric Co. is 0.35%, while institutional ownership is 78.75%. The most recent insider transaction that took place on Mar 04 ’24, was worth 238,700. In this transaction Senior VP & CPO of this company sold 2,200 shares at a rate of $108.50, taking the stock ownership to the 22,754 shares. Before that another transaction happened on Feb 15 ’24, when Company’s Director sold 1,933 for $105.58, making the entire transaction worth $204,081. This insider now owns 24,965 shares in total.
Emerson Electric Co. (EMR) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.29 earnings per share (EPS), lower than consensus estimate (set at 1.31) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.67% during the next five years compared to 1.46% growth over the previous five years of trading.
Emerson Electric Co. (NYSE: EMR) Trading Performance Indicators
Take a look at Emerson Electric Co.’s (EMR) current performance indicators. Last quarter, stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.54. Likewise, its price to free cash flow for the trailing twelve months is 50.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.91, a number that is poised to hit 1.47 in the next quarter and is forecasted to reach 5.99 in one year’s time.
Technical Analysis of Emerson Electric Co. (EMR)
Looking closely at Emerson Electric Co. (NYSE: EMR), its last 5-days average volume was 2.35 million, which is a drop from its year-to-date volume of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 69.75%. Additionally, its Average True Range was 2.40.
During the past 100 days, Emerson Electric Co.’s (EMR) raw stochastic average was set at 27.77%, which indicates a significant decrease from 83.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.08% in the past 14 days, which was higher than the 26.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $109.64, while its 200-day Moving Average is $104.52. However, in the short run, Emerson Electric Co.’s stock first resistance to watch stands at $105.66. Second resistance stands at $106.40. The third major resistance level sits at $107.14. If the price goes on to break the first support level at $104.18, it is likely to go to the next support level at $103.44. Should the price break the second support level, the third support level stands at $102.70.
Emerson Electric Co. (NYSE: EMR) Key Stats
The company with the Market Capitalisation of 60.08 billion has total of 572,100K Shares Outstanding. Its annual sales at the moment are 15,165 M in contrast with the sum of 13,219 M annual income. Company’s last quarter sales were recorded 4,380 M and last quarter income was 329,000 K.
