Eaton Corporation plc (ETN) volume hits 1.43 million: A New Opening for Investors

As on Wednesday, Eaton Corporation plc (NYSE: ETN) started slowly as it slid -0.89% to $360.46, before settling in for the price of $363.69 at the close. Taking a more long-term approach, ETN posted a 52-week range of $224.52-$373.49.

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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 1.98%. Meanwhile, its Annual Earning per share during the time was 10.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.17%. This publicly-traded company’s shares outstanding now amounts to $399.40 million, simultaneously with a float of $394.32 million. The organization now has a market capitalization sitting at $142.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $339.97, while the 200-day Moving Average is $316.20.

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 0.22%, in contrast to 82.62% institutional ownership. According to the most recent insider trade that took place on Nov 07 ’24, this organization’s insider below. sold 1,360 shares at the rate of 360.68, making the entire transaction reach 490,528 in total value, affecting insider ownership by 9,900. Preceding that transaction, on Nov 06 ’24, Company’s insider below. sold 61,569 for 360.97, making the whole transaction’s value amount to 22,224,453. This particular insider is now the holder of 506,360 in total.

Eaton Corporation plc (ETN) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.73 per share during the current fiscal year.

Eaton Corporation plc’s EPS increase for this current 12-month fiscal period is 18.17% and is forecasted to reach 12.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.79% through the next 5 years, which can be compared against the 10.32% 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 1.00. The Stock has managed to achieve an average true range (ATR) of 8.09. Alongside those numbers, its PE Ratio stands at $38.33, and its Beta score is 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.79. Similarly, its price to free cash flow for trailing twelve months is now 44.08.

In the same vein, ETN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.40, a figure that is expected to reach 2.82 in the next quarter, and analysts are predicting that it will be 12.08 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 1.8 million was lower the volume of 2.11 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 37.73% While, its Average True Range was 8.31.

Raw Stochastic average of Eaton Corporation plc (ETN) in the period of the previous 100 days is set at 88.94%, which indicates a major rise in contrast to 70.28% 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 31.03% that was lower than 33.16% volatility it exhibited in the past 100-days period.