Emerson Electric Co (EMR) concluded trading on Thursday at a closing price of $123.29, with 2.86 million shares of worth about $352.22 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.26% during that period and on January 16, 2025 the price saw a gain of about 2.13%. Currently the company’s common shares owned by public are about 570.20M shares, out of which, 567.40M shares are available for trading.
Stock saw a price change of 2.49% in past 5 days and over the past one month there was a price change of -5.31%. Year-to-date (YTD), EMR shares are showing a performance of -0.52% which increased to 32.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $91.64 but also hit the highest price of $134.85 during that period. The average intraday trading volume for Emerson Electric Co shares is 2.88 million. The stock is currently trading 0.39% above its 20-day simple moving average (SMA20), while that difference is down -2.67% for SMA50 and it goes to 8.58% higher than SMA200.
Emerson Electric Co (NYSE: EMR) currently have 570.20M outstanding shares and institutions hold larger chunk of about 79.09% of that.
The stock has a current market capitalization of $70.22B and its 3Y-monthly beta is at 1.34. PE ratio of stock for trailing 12 months is 35.96, while it has posted earnings per share of $3.43 in the same period. Its PEG reads 3.60 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 1.92% while standing at 2.14% over the month.
Stock’s fiscal year EPS is expected to rise by 8.24% while it is estimated to increase by 9.38% 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 Jefferies on December 12, 2024 offering a Buy rating for the stock and assigned a target price of $160 to it. Coverage by UBS stated Emerson Electric Co (EMR) stock as a Neutral in their note to investors on November 13, 2024, suggesting a price target of $135 for the stock. On November 13, 2024, Exane BNP Paribas Initiated their recommendations, while on October 16, 2024, Stephens Downgrade their ratings for the stock with a price target of $120. Stock get an Underweight rating from Morgan Stanley on September 06, 2024.
