Emerson Electric Co. (EMR) concluded trading on Wednesday at a closing price of $106.45, with 3.58 million shares of worth about $381.51 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.35% during that period and on May 01, 2024 the price saw a loss of about -1.23%. Currently the company’s common shares owned by public are about 572.00M shares, out of which, 568.47M shares are available for trading.
Stock saw a price change of -2.89% in past 5 days and over the past one month there was a price change of -6.02%. Year-to-date (YTD), EMR shares are showing a performance of 9.37% which increased to 27.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $76.94 but also hit the highest price of $115.26 during that period. The average intraday trading volume for Emerson Electric Co. shares is 2.68 million. The stock is currently trading -4.37% below its 20-day simple moving average (SMA20), while that difference is down -3.53% for SMA50 and it goes to 8.22% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Emerson Electric Co. (NYSE: EMR) currently have 572.00M outstanding shares and institutions hold larger chunk of about 76.37% of that.
The stock has a current market capitalization of $60.86B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 147.60, while it has posted earnings per share of $0.72 in the same period. Its PEG reads 11.94 and has Quick Ratio of 0.80 while making debt-to-equity ratio of 0.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EMR, volatility over the week remained 1.91% while standing at 1.68% over the month.
Stock’s fiscal year EPS is expected to rise by 21.43% while it is estimated to increase by 9.86% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on January 04, 2024 offering a Buy rating for the stock and assigned a target price range of between $95 and $118 to it. Coverage by KeyBanc Capital Markets stated Emerson Electric Co. (EMR) stock as an Overweight in their note to investors on October 03, 2023, suggesting a price target of $120 for the stock. On October 03, 2023, UBS Downgrade their recommendations, while on September 15, 2023, Vertical Research Upgrade their ratings for the stock with a price target of $120. Stock get a Buy rating from Argus on August 28, 2023.