Emerson Electric Co (EMR) concluded trading on Thursday at a closing price of $129.00, with 3.68 million shares of worth about $474.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.34% during that period and on November 14, 2024 the price saw a loss of about -0.89%. Currently the company’s common shares owned by public are about 572.70M shares, out of which, 570.45M shares are available for trading.
Stock saw a price change of 1.42% in past 5 days and over the past one month there was a price change of 16.65%. Year-to-date (YTD), EMR shares are showing a performance of 32.54% which increased to 45.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $87.17 but also hit the highest price of $131.56 during that period. The average intraday trading volume for Emerson Electric Co shares is 2.86 million. The stock is currently trading 11.01% above its 20-day simple moving average (SMA20), while that difference is up 16.67% for SMA50 and it goes to 17.85% higher than SMA200.
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Emerson Electric Co (NYSE: EMR) currently have 572.70M outstanding shares and institutions hold larger chunk of about 80.57% of that.
The stock has a current market capitalization of $73.56B and its 3Y-monthly beta is at 1.32. PE ratio of stock for trailing 12 months is 37.63, while it has posted earnings per share of $3.43 in the same period. Its PEG reads 3.76 and has Quick Ratio of 1.40 while making debt-to-equity ratio of 0.39. 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 2.13% while standing at 1.86% over the month.
Stock’s fiscal year EPS is expected to rise by 8.46% while it is estimated to increase by 9.12% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -1.60% made by the stock over the past 5-years.
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 UBS on November 13, 2024 offering a Neutral rating for the stock and assigned a target price range of between $120 and $135 to it. Coverage by Exane BNP Paribas stated Emerson Electric Co (EMR) stock as an Outperform in their note to investors on November 13, 2024, suggesting a price target of $155 for the stock. On October 16, 2024, Stephens Downgrade their recommendations, while on September 06, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $105. Stock get a Neutral rating from JP Morgan on August 14, 2024.
