On Monday, Emerson Electric Co (NYSE: EMR) opened higher 1.24% from the last session, before settling in for the closing price of $108.46. Price fluctuations for EMR have ranged from $83.10 to $119.53 over the past 52 weeks.
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%. Company’s average yearly earnings per share was noted 23.56% at the time writing. With a float of $570.72 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
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Emerson Electric Co is 0.35%, while institutional ownership is 79.12%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.29 earnings per share (EPS) for the quarter, coming under the agreed prediction (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 23.56% 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
Check out the current performance indicators for Emerson Electric Co (EMR). In the past quarter, the stock posted a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.71. Likewise, its price to free cash flow for the trailing twelve months is 53.16.
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 2.54 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.14%. Additionally, its Average True Range was 1.88.
During the past 100 days, Emerson Electric Co’s (EMR) raw stochastic average was set at 57.57%, which indicates a significant decrease from 61.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.86% in the past 14 days, which was lower than the 26.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.75, while its 200-day Moving Average is $108.18. Nevertheless, the first resistance level for the watch stands at $111.23 in the near term. At $112.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $114.53. If the price goes on to break the first support level at $107.93, it is likely to go to the next support level at $106.04. Now, if the price goes above the second support level, the third support stands at $104.63.
Emerson Electric Co (NYSE: EMR) Key Stats
There are currently 572,700K shares outstanding in the company with a market cap of 63.00 billion. Presently, the company’s annual sales total 15,165 M according to its annual income of 13,219 M. Last quarter, the company’s sales amounted to 4,380 M and its income totaled 329,000 K.
