Emerson Electric Co. [EMR] stock is trading at $105.91, up 2.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EMR shares have gain 4.38% over the last week, with a monthly amount glided 2.71%, and 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 September 06, 2024, when Morgan Stanley initiated its Underweight rating and assigned the stock a price target of $105. Previously, JP Morgan downgraded its rating to Neutral on August 14, 2024, and dropped its price target to $115. On July 08, 2024, Redburn Atlantic initiated with a Buy rating and assigned a price target of $135 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $138 on May 09, 2024. Mizuho upgraded its rating to a Buy and raised its price target to $118 on January 04, 2024. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on October 03, 2023, and assigned it a price target of $120. In a note dated October 03, 2023, UBS downgraded an Neutral rating on this stock and boosted its target price from $97 to $104.
Emerson Electric Co. [EMR] stock has fluctuated between $83.10 and $119.53 over the past year. Currently, Wall Street analysts expect the stock to reach $116.55 within the next 12 months. Emerson Electric Co. [NYSE: EMR] shares were valued at $105.91 at the most recent close of the market. An investor can expect a potential return of 10.05% based on the average EMR price forecast.
Analyzing the EMR fundamentals
Emerson Electric Co. [NYSE:EMR] reported sales of 16.96B for the trailing twelve months, which represents a growth of 11.00%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
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 105.20 points at the first support level, and at 104.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 106.43, and for the 2nd resistance point, it is at 106.96.
Ratios To Look Out For
For context, Emerson Electric Co.’s Current Ratio is 1.16. Also, the Quick Ratio is 0.86, while the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 3.58, the price to book ratio is 2.92 and price to earnings (TTM) ratio is 36.36.
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.
