Eaton Corporation plc (ETN) concluded trading on Wednesday at a closing price of $294.56, with 3.22 million shares of worth about $947.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.91% during that period and on Wednesday the price saw a gain of about 1.35%. Currently the company’s common shares owned by public are about 392.90M shares, out of which, 390.87M shares are available for trading.
Stock saw a price change of 0.86% in past 5 days and over the past one month there was a price change of -5.93%. Year-to-date (YTD), ETN shares are showing a performance of -11.24% which decreased to -1.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $255.65 but also hit the highest price of $379.99 during that period. The average intraday trading volume for Eaton Corporation plc shares is 3.51 million. The stock is currently trading 1.85% above its 20-day simple moving average (SMA20), while that difference is down -6.20% for SMA50 and it goes to -9.12% lower than SMA200.
Eaton Corporation plc (NYSE: ETN) currently have 392.90M outstanding shares and institutions hold larger chunk of about 83.68% of that.
The stock has a current market capitalization of $115.40B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 31.00, while it has posted earnings per share of $9.50 in the same period. Its PEG reads 2.69 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ETN, volatility over the week remained 2.91% while standing at 3.81% over the month.
Stock’s fiscal year EPS is expected to rise by 11.33% while it is estimated to increase by 11.91% in next year. EPS is likely to shrink at an annualized rate of 11.54% for next 5-years, compared to annual growth of 12.57% 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 KeyBanc Capital Markets on March 12, 2025 offering an Overweight rating for the stock and assigned a target price of $340 to it. Coverage by Melius stated Eaton Corporation plc (ETN) stock as a Hold in their note to investors on January 28, 2025, suggesting a price target of $373 for the stock. On November 13, 2024, UBS Resumed their recommendations, while on November 13, 2024, Evercore ISI Downgrade their ratings for the stock with a price target of $389. Stock get an Outperform rating from Bernstein on November 05, 2024.
