Emerson Electric Co. (NYSE: EMR) on Monday, soared 0.49% from the previous trading day, before settling in for the closing price of $108.13. Within the past 52 weeks, EMR’s price has moved between $83.10 and $119.53.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -3.61%. The company achieved an average annual earnings per share of 23.52%. With a float of $570.71 million, this company’s outstanding shares have now reached $572.00 million.
Considering the fact that the conglomerate employs 67000 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Emerson Electric Co. is 0.35%, while institutional ownership is 78.64%. 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) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.29 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.31) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.49% 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
Emerson Electric Co. (EMR) is currently performing well based on its current performance indicators. A quick ratio of 0.86 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.67. Likewise, its price to free cash flow for the trailing twelve months is 52.51.
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 5.91 in one year’s time.
Technical Analysis of Emerson Electric Co. (EMR)
Compared to the last year’s volume of 2.69 million, its volume of 2.16 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.02%. Additionally, its Average True Range was 1.83.
During the past 100 days, Emerson Electric Co.’s (EMR) raw stochastic average was set at 52.55%, which indicates a significant increase from 22.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.84% in the past 14 days, which was lower than the 26.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.26, while its 200-day Moving Average is $107.80. Nevertheless, the first resistance level for the watch stands at $109.25 in the near term. At $109.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $110.39. If the price goes on to break the first support level at $108.11, it is likely to go to the next support level at $107.56. Now, if the price goes above the second support level, the third support stands at $106.97.
Emerson Electric Co. (NYSE: EMR) Key Stats
Market capitalization of the company is 62.23 billion based on 572,100K outstanding shares. Right now, sales total 15,165 M and income totals 13,219 M. The company made 4,380 M in profit during its latest quarter, and 329,000 K in sales during its previous quarter.
