On Friday, Eaton Corporation plc (NYSE: ETN) opened lower -0.89% from the last session, before settling in for the closing price of $315.85. Price fluctuations for ETN have ranged from $255.65 to $379.99 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 3.63% annually for the last half of the decade. Company’s average yearly earnings per share was noted 11.31% at the time writing. With a float of $394.36 million, this company’s outstanding shares have now reached $395.20 million.
In an organization with 94000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 53.51%, operating margin of 34.21%, and the pretax margin is 18.36%.
Eaton Corporation plc (ETN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Eaton Corporation plc is 0.21%, while institutional ownership is 83.05%. The most recent insider transaction that took place on Aug 13 ’24, was worth 82,510. In this transaction Director of this company sold 285 shares at a rate of $289.51, taking the stock ownership to the 516 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Director sold 10,000 for $355.98, making the entire transaction worth $3,559,800. This insider now owns 43,203 shares in total.
Eaton Corporation plc (ETN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.99% during the next five years compared to 12.57% growth over the previous five years of trading.
Eaton Corporation plc (NYSE: ETN) Trading Performance Indicators
Check out the current performance indicators for Eaton Corporation plc (ETN). In the past quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.97. Likewise, its price to free cash flow for the trailing twelve months is 38.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.50, a number that is poised to hit 2.70 in the next quarter and is forecasted to reach 13.45 in one year’s time.
Technical Analysis of Eaton Corporation plc (ETN)
Let’s dig in a bit further. During the last 5-days, its volume was 2.94 million. That was inferior than the volume of 3.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 40.49%. Additionally, its Average True Range was 11.87.
During the past 100 days, Eaton Corporation plc’s (ETN) raw stochastic average was set at 18.07%, which indicates a significant decrease from 18.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.65% in the past 14 days, which was higher than the 36.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $346.03, while its 200-day Moving Average is $328.56. However, in the short run, Eaton Corporation plc’s stock first resistance to watch stands at $319.80. Second resistance stands at $326.56. The third major resistance level sits at $330.47. If the price goes on to break the first support level at $309.13, it is likely to go to the next support level at $305.22. The third support level lies at $298.46 if the price breaches the second support level.
Eaton Corporation plc (NYSE: ETN) Key Stats
There are currently 395,200K shares outstanding in the company with a market cap of 123.72 billion. Presently, the company’s annual sales total 24,878 M according to its annual income of 3,794 M. Last quarter, the company’s sales amounted to 6,240 M and its income totaled 971,000 K.
