The Emerson Electric Co. (NYSE:EMR) is going down by -0.64% in today’s trading session, a fall equivalent to -0.42% of the stock’s price from yesterday’s market close. A news came out on 09/18/19 stating that Emerson Partners with San Jacinto College on New Center for Petrochemical, Energy, and Technology by WSJ. The lowest point that the shares touched during the trading session was $64.79, while the peak of the day was recorded at a share price of $65.54. EMR finished the previous session at $65.17 according to the data provided by Barchart, while the trading volume was observed to be $1,549,063.
In the 100 days of trading, EMR managed to top a 63.50% Moving average. Additionally, Emerson Electric Co. shares have achieved a 52-week range between 55.38 and 79.70 alongside 100 days raw stochastic set at 77.17%.
The number of shares outstanding, according to the fundamentals of the company, is set at 614.30M, equal to the value of $40.03B in market capitalization. In the last 30 days, Emerson Electric Co. shares went down by -1.36%, adding 66.21 to growth in value, on top of a +15.31% boost since 08/20/19.
Emerson Electric Co. (NYSE:EMR) Analyst’s Estimates
Emerson Electric Co. (EMR) could record at least $1.09 per share in quarterly earnings in the upcoming report on 11/05/2019, a number that would actually represent an increase of 5.29% YOY.
According to the average analyst rating, Emerson Electric Co. would be rated as Overweight. Out of 24 different analysts monitoring EMR stock, 11 analysts rate the stock as a BUY, 12 suggest to give the rating of HOLD, 1 indicate that EMR is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Aug-13-19, the stock earned a Downgrade rating due to a new analyst call from Argus, while analysts from Citigroup believe that the stock is set at Buy from Neutral, as concluded on Apr-08-19. Citigroup, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on Jan-14-19.
Credit Suisse, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-03-19, giving the stock a Outperform from the Neutral rating.
EMR Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +41.57% has been attained, while the operating margin has been recorded at +17.11%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 11.02%. Beta value of the stock is recorded at 1.37. Additionally, Emerson Electric Co. is recording price volatility of 1.37% for the period of the last seven days and 1.69% in the last 30 days.
Emerson Electric Co. (NYSE:EMR) Technical Outlook
For the period of the last 50 days, Emerson Electric Co. had its Raw Stochastic average set at 81.88% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 90.60%. Stochastic %K for Emerson Electric Co., with the last 20 days included, was set at 88.72%, having Stochastic %D topping 88.45%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Emerson Electric Co. stocks with recording 9.07% in metrics.
Emerson Electric Co. Insider Watch:
Similarly, 74.68% of the company’s float is held by institutions – and there are 1,729 institutions in total holding shares of this company. The top three institutional holders of EMR stocks are: Vanguard Group, Inc. (The) with ownership of $3.15 billion, which is approximately 47,199,698 of the company’s shares; Blackrock Inc., holding 47,092,381 shares of the stock with an approximate value of $3.14 billion; and State Street Corporation, currently with more than 29,271,255 shares of the company valued at $1.95 billion. Positions in Emerson Electric Co. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 2 insider purchases amounting to 20,376 shares. Similarly, there were 4 sale transactions amounting to 40,333 shares, with the net shares purchased during the last six months reaching -19,957.