Eaton Corporation plc (ETN) concluded trading on Wednesday at a closing price of $285.52, with 4.71 million shares of worth about $1.34 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.42% during that period and on March 26, 2025 the price saw a loss of about -4.83%. 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 -3.07% in past 5 days and over the past one month there was a price change of -0.71%. Year-to-date (YTD), ETN shares are showing a performance of -13.97% which decreased to -9.81% 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 3.56 million. The stock is currently trading -1.25% below its 20-day simple moving average (SMA20), while that difference is down -7.66% for SMA50 and it goes to -11.72% lower than SMA200.
Eaton Corporation plc (NYSE: ETN) currently have 392.90M outstanding shares and institutions hold larger chunk of about 83.69% of that.
The stock has a current market capitalization of $111.86B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 30.05, while it has posted earnings per share of $9.50 in the same period. Its PEG reads 2.60 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 3.18% while standing at 3.81% over the month.
Stock’s fiscal year EPS is expected to rise by 11.34% while it is estimated to increase by 11.94% in next year. EPS is likely to shrink at an annualized rate of 11.56% 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.
