Eaton Corporation plc (NYSE: ETN) kicked off on Friday, up 1.74% from the previous trading day, before settling in for the closing price of $370.95. Over the past 52 weeks, ETN has traded in a range of $224.52-$373.49.
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Annual sales at Industrials sector company grew by 1.98% over the past five years. While this was happening, its average annual earnings per share was recorded 18.17%. With a float of $394.40 million, this company’s outstanding shares have now reached $399.40 million.
Let’s look at the performance matrix of the company that is accounted for 94000 employees. In terms of profitability, gross margin is 38.26%, operating margin of 18.51%, and the pretax margin is 18.24%.
Eaton Corporation plc (ETN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Eaton Corporation plc is 0.20%, while institutional ownership is 82.62%. The most recent insider transaction that took place on Nov 07 ’24, was worth 490,528. In this transaction insider of this company sold 1,360 shares at a rate of $360.68, taking the stock ownership to the 9,900 shares. Before that another transaction happened on Nov 06 ’24, when Company’s See Remarks below. sold 61,569 for $360.97, making the entire transaction worth $22,224,453. This insider now owns 506,360 shares in total.
Eaton Corporation plc (ETN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 18.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.79% during the next five years compared to 10.32% growth over the previous five years of trading.
Eaton Corporation plc (NYSE: ETN) Trading Performance Indicators
Take a look at Eaton Corporation plc’s (ETN) current performance indicators. Last quarter, stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.17. Likewise, its price to free cash flow for the trailing twelve months is 46.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.40, a number that is poised to hit 2.82 in the next quarter and is forecasted to reach 12.08 in one year’s time.
Technical Analysis of Eaton Corporation plc (ETN)
Eaton Corporation plc (NYSE: ETN) saw its 5-day average volume 1.8 million, a negative change from its year-to-date volume of 2.11 million. As of the previous 9 days, the stock’s Stochastic %D was 73.34%. Additionally, its Average True Range was 8.34.
During the past 100 days, Eaton Corporation plc’s (ETN) raw stochastic average was set at 99.52%, which indicates a significant increase from 98.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.14% in the past 14 days, which was lower than the 33.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $342.75, while its 200-day Moving Average is $317.21. Nevertheless, the first resistance level for the watch stands at $379.74 in the near term. At $382.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $386.13. If the price goes on to break the first support level at $373.35, it is likely to go to the next support level at $369.28. The third support level lies at $366.96 if the price breaches the second support level.
Eaton Corporation plc (NYSE: ETN) Key Stats
The company with the Market Capitalisation of 151.75 billion has total of 395,200K Shares Outstanding. Its annual sales at the moment are 23,196 M in contrast with the sum of 3,218 M annual income. Company’s last quarter sales were recorded 6,345 M and last quarter income was 1,010 M.
