On Tuesday, Eaton Corporation plc (NYSE: ETN) opened lower -0.94% from the last session, before settling in for the closing price of $302.84. Price fluctuations for ETN have ranged from $255.65 to $379.99 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 3.63% over the past five years. Company’s average yearly earnings per share was noted 11.34% at the time writing. With a float of $390.87 million, this company’s outstanding shares have now reached $392.90 million.
Let’s look at the performance matrix of the company that is accounted for 94000 employees. In terms of profitability, gross margin is 38.19%, operating margin of 18.9%, and the pretax margin is 18.36%.
Eaton Corporation plc (ETN) Insider Updates
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 0.23%, while institutional ownership is 83.69%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.54% 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 4.72. Likewise, its price to free cash flow for the trailing twelve months is 33.40.
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 13.46 in one year’s time.
Technical Analysis of Eaton Corporation plc (ETN)
Eaton Corporation plc (NYSE: ETN) saw its 5-day average volume 3.22 million, a negative change from its year-to-date volume of 3.72 million. As of the previous 9 days, the stock’s Stochastic %D was 84.14%. Additionally, its Average True Range was 10.74.
During the past 100 days, Eaton Corporation plc’s (ETN) raw stochastic average was set at 28.81%, which indicates a significant decrease from 84.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.82% in the past 14 days, which was lower than the 40.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $310.32, while its 200-day Moving Average is $323.58. Nevertheless, the first resistance level for the watch stands at $304.63 in the near term. At $309.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $313.59. If the price goes on to break the first support level at $295.67, it is likely to go to the next support level at $291.35. Assuming the price breaks the second support level, the third support level stands at $286.71.
Eaton Corporation plc (NYSE: ETN) Key Stats
There are currently 391,769K shares outstanding in the company with a market cap of 117.53 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 970,000 K.
