◆ NeutralEMR

Emerson Electric Co. (EMR) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research·
Emerson Electric Co. (EMR) Is a Trending Stock: Facts to Know Before Betting on It

Emerson Electric (EMR) has gained 7.2% over the past month, outperforming the S&P 500's 1.3% gain. The company is expected to report 13.6% year-over-year earnings growth for the current quarter with consensus estimates showing 9.2% growth for the fiscal year. EMR received a Zacks Rank #2 (Buy) rating, though it trades at a premium valuation (Grade D) compared to peers. Revenue growth is forecasted at 4.9% for both current and next fiscal years.

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