Analyst Expect Big Moves From Emerson Electric Co (NYSE: EMR)

Currently, there are 572.00M common shares owned by the public and among those 570.72M shares have been available to trade.

The company’s stock has a 5-day price change of 8.04% and 18.21% over the past three months. EMR shares are trading 20.90% year to date (YTD), with the 12-month market performance up to 27.94% higher. It has a 12-month low price of $83.10 and touched a high of $119.53 over the same period. EMR has an average intraday trading volume of 2.82 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.84%, 9.97%, and 8.67% respectively.

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Institutional ownership of Emerson Electric Co (NYSE: EMR) shares accounts for 79.12% of the company’s 572.00M shares outstanding.

It has a market capitalization of $67.39B and a beta (3y monthly) value of 1.29. The stock’s trailing 12-month PE ratio is 40.40, while the earnings-per-share (ttm) stands at $2.91. The company has a PEG of 2.99 and a Quick Ratio of 0.86 with the debt-to-equity ratio at 0.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.19% over the week and 1.70% over the month.

Earnings per share for the fiscal year are expected to increase by 7.77%, and 8.54% over the next financial year. EPS should grow at an annualized rate of 13.49% over the next five years, compared to 1.46% over the past 5-year period.

Looking at the support for the EMR, a number of firms have released research notes about the stock. Stephens stated their Equal-Weight rating for the stock in a research note on October 16, 2024, with the firm’s price target at $135-$120. Morgan Stanley coverage for the Emerson Electric Co (EMR) stock in a research note released on September 06, 2024 offered a Underweight rating with a price target of $105. JP Morgan was of a view on August 14, 2024 that the stock is Neutral, while Redburn Atlantic gave the stock Buy rating on July 08, 2024, issuing a price target of $135. Deutsche Bank on their part issued Buy rating on May 09, 2024.

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