The stock of Emerson Electric Co. (NYSE:EMR) decreased by -$0.43 on Tuesday to finish at $95.47, down -0.45 percent. The last five days have seen an average of 1,891,880 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$0.59. The average number of shares traded over the last 20 days was 2,637,270, while the average volume over the last 50 days totaled 2,673,164.
EMR stock appreciated 4.54% since last month. On 08/01/23, the company’s shares reached a one-month low of $90.41. The stock touched a high of $99.65 on 01/09/23, after rallying from a low of $72.40 in 52 weeks. The price of EMR stock has declined by -0.61% or -$0.59 this year, reaching a new high 3 times. Still, the stock price is down -4.20% from the 52-week high.
Insider Transactions
EMR stock investors should be aware that Emerson Electric Co. (EMR) stock had its last reported insider trading activity 50 days ago on Jun 27. On Jun 27, Senior VP & CCO Flavin Lisa sold 48,718 shares at $89.65 each. This transaction resulted in the insider making $4,367,798. On Nov 16, Karsanbhai Surendralal Lanca sold 4,603 shares at a price of US$95.86. After the transaction, the insider now owns 99,591 shares. Senior Exec. VP and CFO DELLAQUILA FRANK J had earlier sold 83,073 shares on Nov 08 for $91.07 a share. The transaction was completed for $7,565,657.
Valuation Metrics
Emerson Electric Co. (EMR) has a trailing price-to-earnings (P/E) ratio of 22.34. Beta for the stock is 1.39. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.11, the price-to-book (PB) ratio of 4.80, and the price-to-cash flow ratio of 23.23.
Company paid $0.52 per share in dividends, remained unchanged from $0.52 last year. A $0.0050 dividend increase was reported on Monday October 31 2022.
Financial Health
For the three months ended June 29, Emerson Electric Co.’s quick ratio was 0.90, while its current ratio was 1.20, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.72, and the total debt to equity ratio is 0.89. As far as profitability goes, gross margin for the trailing twelve months is 44.80% percent. Emerson Electric Co.’s EBITDA margin for the year ended June 29 was 23.34%, whereas its operating margin stood at 18.40% for the same period. Based on annual data, it had gross profit of $8.19 billion and revenue of $19.63 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EMR’s return on assets (ROA) during the last 12 months has been 12.90%. There was a 14.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 43.60%.
Earnings Surprise
According to Emerson Electric Co.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.95 billion, while revenues fell by -26.84% to $3.76 billion. It was predicted that Emerson Electric Co.’s quarterly earnings would be $1.29, but it ended up being $1.1, beating the consensus by 17.30%. EBITDA was $1.21 billion for the quarter. At the end of Emerson Electric Co.’s most recent quarter ended June 29, its liabilities totaled 17.76 billion, while its total debt was $8.81 billion. Equity owned by shareholders amounts to $571.5 million.
Technical Picture
Here’s a quick look at Emerson Electric Co.’s (EMR) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 60.02%, suggesting the stock is Neutral, with a 11.95% historical volatility rate.
The stochastic %K and %D were 65.11% and 65.41% respectively, while the average true range (ATR) was 1.52. Based on the 14-day stochastic reading of 62.24%, the RSI (14) reading is 62.45%. On the 9-day MACD Oscillator, the stock is at -0.28, and the 14-day reading is at 1.08.
Analyst Ratings
In its most recent analyst report, HSBC Securities raised its rating on Emerson Electric Co. (NYSE: EMR) to a Buy. Prior to this, analysts firm rated the stock as a Hold. Analysts have assigned Emerson Electric Co. (EMR) an Overweight rating. EMR is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 15 others recommend it as a buy.
What is EMR’s price target for the next 12 months?
The current consensus forecast for the stock is between $95.00 and $122.00, with a median target price of $111.00. In analyzing these forecasts, the average price target given by analysts for Emerson Electric Co. (EMR) is $108.65.
