EMERSON ELECTRIC CO
EMERSON ELECTRIC CO (EMR) Stock News
The latest EMR headlines and market coverage — 3 recent stories, updated throughout the day.
- 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.
- Zacks Investment Research·Neutral
Here's Why Emerson Electric (EMR) Fell More Than Broader Market
Emerson Electric (EMR) closed down 1.35% but has gained 6.08% over the past month, outperforming its sector. The company is projected to report earnings of $1.84 per share with 13.58% year-over-year growth. With a Zacks Rank of #3 (Hold) and a Forward P/E of 22.39 (below industry average of 24.29), the stock trades at a valuation discount despite higher-than-average PEG ratio of 2.23.
- Zacks Investment Research·
Is It Worth Investing in Emerson Electric (EMR) Based on Wall Street's Bullish Views?
Emerson Electric has an average brokerage recommendation of 1.80 (Strong Buy/Buy) from 27 firms, with 16 Strong Buy ratings. However, the article cautions that brokerage recommendations often have positive bias due to vested interests. The company's Zacks Rank #2 (Buy) rating is based on earnings estimate revisions, which increased 0.9% over the past month to $6.54, suggesting analyst optimism about the company's earnings prospects.