A share price of Emerson Electric Co. [EMR] is currently trading at $109.27, up 1.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EMR shares have gain 1.30% over the last week, with a monthly amount drifted -2.58%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Emerson Electric Co. [NYSE: EMR] stock has seen the most recent analyst activity on May 09, 2024, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $138 from $123. Previously, Mizuho upgraded its rating to Buy on January 04, 2024, and elevated its price target to $118. On October 03, 2023, KeyBanc Capital Markets initiated with a Overweight rating and assigned a price target of $120 on the stock. UBS downgraded its rating to a Neutral and increased its price target to $104 on October 03, 2023. Vertical Research upgraded its rating to a Buy but $120 remained the price target by the analyst firm on September 15, 2023. Argus upgraded its rating to Buy for this stock on August 28, 2023, but kept the price target unchanged to $110.
Emerson Electric Co. experienced fluctuations in its stock price throughout the past year between $83.10 and $116.76. Currently, Wall Street analysts expect the stock to reach $116.25 within the next 12 months. Emerson Electric Co. [NYSE: EMR] shares were valued at $109.27 at the most recent close of the market. An investor can expect a potential return of 6.39% based on the average EMR price forecast.
Analyzing the EMR fundamentals
Trailing Twelve Months sales for Emerson Electric Co. [NYSE:EMR] were 16.53B which represents 16.48% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.65%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.52 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 108.31 points at the first support level, and at 107.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.79, and for the 2nd resistance point, it is at 110.30.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Emerson Electric Co. [NYSE:EMR] is 1.18. Further, the Quick Ratio stands at 0.87, while the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 3.78, the price to book ratio is 2.99 and price to earnings (TTM) ratio is 515.91.
Transactions by insiders
Recent insider trading involved Piazza Nicholas J., Senior VP & CPO, that happened on Mar 04 ’24 when 2200.0 shares were sold. Director, LEVATICH MATTHEW S completed a deal on Feb 15 ’24 to sell 1933.0 shares. Meanwhile, President & CEO Karsanbhai Surendralal Lanca sold 2344.0 shares on Feb 14 ’24.
