Emerson Electric Co. (NYSE: EMR)’s stock price has increased by 0.45 compared to its previous closing price of 117.80. However, the company has seen a 0.61% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-07-29 that Ovation Automation Platform with GenAI will empower workforce, optimize operations PITTSBURGH, July 29, 2024 /PRNewswire/ — As part of its release of the Ovation™ 4.0 Automation Platform, global automation and technology leader Emerson (NYSE: EMR) is delivering transformative generative artificial intelligence (GenAI) that will enhance data to inform decisions, helping power and water companies accelerate growth, improve efficiencies and drive more predictive, reliable and resilient performance to their operations. With the digital transformation of the power and water industries, utilities and municipalities now have vast amounts of rich production, reliability, safety and sustainability data for their operations – yet much of it is fragmented and siloed.
Is It Worth Investing in Emerson Electric Co. (NYSE: EMR) Right Now?
Emerson Electric Co. (NYSE: EMR) has a price-to-earnings ratio that is above its average at 6.30x. The stock has a 36-month beta value of 1.31. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 4 as “overweight,” 13 as “hold,” and 1 as “sell.”
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The public float for EMR is 570.14M, and at present, short sellers hold a 1.21% of that float. On July 30, 2024, the average trading volume of EMR was 2.66M shares.
EMR’s Market Performance
The stock of Emerson Electric Co. (EMR) has seen a 0.61% increase in the past week, with a 7.42% rise in the past month, and a 7.81% gain in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are at 1.96% for EMR. The simple moving average for the past 20 days is 3.75% for EMR’s stock, with a 14.80% simple moving average for the past 200 days.
Analysts’ Opinion of EMR
Many brokerage firms have already submitted their reports for EMR stocks, with Redburn Atlantic repeating the rating for EMR by listing it as a “Buy.” The predicted price for EMR in the upcoming period, according to Redburn Atlantic is $135 based on the research report published on July 08, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see EMR reach a price target of $138, previously predicting the price at $123. The rating they have provided for EMR stocks is “Buy” according to the report published on May 09th, 2024.
Mizuho gave a rating of “Buy” to EMR, setting the target price at $118 in the report published on January 04th of the current year.
EMR Trading at 6.16% from the 50-Day Moving Average
After a stumble in the market that brought EMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.00% of loss for the given period.
Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares surge +9.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.05% upper at present.
During the last 5 trading sessions, EMR rose by +0.77%, which changed the moving average for the period of 200-days by +22.07% in comparison to the 20-day moving average, which settled at $114.58. In addition, Emerson Electric Co. saw 21.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EMR starting from Piazza Nicholas J., who sale 2,200 shares at the price of $108.50 back on Mar 04 ’24. After this action, Piazza Nicholas J. now owns 22,754 shares of Emerson Electric Co., valued at $238,700 using the latest closing price.
LEVATICH MATTHEW S, the Director of Emerson Electric Co., sale 1,933 shares at $105.58 during a trade that took place back on Feb 15 ’24, which means that LEVATICH MATTHEW S is holding 24,965 shares at $204,081 based on the most recent closing price.
Stock Fundamentals for EMR
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.3 for the gross margin
The net margin for Emerson Electric Co. stands at 0.65. The total capital return value is set at -0.02. Equity return is now at value 11.98, with 4.68 for asset returns.
Based on Emerson Electric Co. (EMR), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -3.58.
Currently, EBITDA for the company is 3.88 billion with net debt to EBITDA at 9.22. When we switch over and look at the enterprise to sales, we see a ratio of 4.62. The receivables turnover for the company is 5.75for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To sum up, Emerson Electric Co. (EMR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
