Emerson Electric Co. [NYSE: EMR] surged by $0.73 during the normal trading session on Wednesday and reaching a high of $82.64 during the day while it closed the day at $82.24. The company report on September 6, 2022 that Emerson Unveils New ‘Go Boldly’ Tagline and Global Campaign to Reflect Company’s Evolving Strategic Direction.
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Emerson (NYSE: EMR), a global technology and software leader, today announced a new “Go Boldly” tagline and global ad campaign reinforcing the evolution of the longtime manufacturing powerhouse. Building on the company’s cultural transformation and role as a technology and software partner across essential industries, “Go Boldly” spotlights the ways Emerson is helping the world’s largest companies reach their sustainability goals and optimize operations.
Through new investments, including its recent transaction with AspenTech, Emerson is accelerating its value creation strategy while building on its software capabilities to offer end-to-end technologies that are poised to transform industrial manufacturing and production. “Go Boldly” campaign stories showcase how Emerson is using this automation to help provide cleaner power, reduce energy emissions and enable real-time insight into plant operations across key industries through advanced software.
Emerson Electric Co. stock has also loss -1.30% of its value over the past 7 days. However, EMR stock has declined by -10.15% in the 3 months of the year. Over the past six months meanwhile, it has lost -12.23% and lost -11.54% year-on date.
The market cap for EMR stock reached $48.78 billion, with 592.80 million shares outstanding and 586.87 million shares in the current float. Compared to the average trading volume of 2.71M shares, EMR reached a trading volume of 4754446 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Emerson Electric Co. [EMR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EMR shares is $102.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EMR stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Emerson Electric Co. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on August 17, 2022. While these analysts kept the previous recommendation, JP Morgan raised their target price to Neutral. The new note on the price target was released on July 07, 2022, representing the official price target for Emerson Electric Co. stock. Previously, the target price had yet another raise to $110, while Oppenheimer analysts kept a Outperform rating on EMR stock.
The Average True Range (ATR) for Emerson Electric Co. is set at 1.81, with the Price to Sales ratio for EMR stock in the period of the last 12 months amounting to 2.54. The Price to Book ratio for the last quarter was 4.73, with the Price to Cash per share for the same quarter was set at 4.26. Price to Free Cash Flow for EMR in the course of the last twelve months was 62.95 with Quick ratio for the last quarter at 0.80.
EMR stock trade performance evaluation
Emerson Electric Co. [EMR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.30. With this latest performance, EMR shares dropped by -8.65% in over the last four-week period, additionally sinking by -12.23% over the last 6 months – not to mention a drop of -20.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EMR stock in for the last two-week period is set at 39.08, with the RSI for the last a single of trading hit 34.71, and the three-weeks RSI is set at 42.33 for Emerson Electric Co. [EMR]. The present Moving Average for the last 50 days of trading for this stock 84.55, while it was recorded at 81.85 for the last single week of trading, and 89.90 for the last 200 days.
Emerson Electric Co. [EMR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Emerson Electric Co. [EMR] shares currently have an operating margin of +16.67 and a Gross Margin at +39.59. Emerson Electric Co.’s Net Margin is presently recorded at +12.63.
Return on Total Capital for EMR is now 18.09, given the latest momentum, and Return on Invested Capital for the company is 14.77. Return on Equity for this stock inclined to 25.19, with Return on Assets sitting at 9.68. When it comes to the capital structure of this company, Emerson Electric Co. [EMR] has a Total Debt to Total Equity ratio set at 73.19. Additionally, EMR Total Debt to Total Capital is recorded at 42.26, with Total Debt to Total Assets ending up at 29.27. Long-Term Debt to Equity for the company is recorded at 62.79, with the Long-Term Debt to Total Capital now at 36.26.
Reflecting on the efficiency of the workforce at the company, Emerson Electric Co. [EMR] managed to generate an average of $26,563 per employee. Receivables Turnover for the company is 5.40 with a Total Asset Turnover recorded at a value of 0.77.Emerson Electric Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.10.
Earnings per share (EPS) analysis for Emerson Electric Co. [EMR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EMR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Emerson Electric Co. go to 11.11%.
Emerson Electric Co. [EMR]: Insider Ownership positions
There are presently around $36,087 million, or 76.50% of EMR stock, in the hands of institutional investors. The top three institutional holders of EMR stocks are: VANGUARD GROUP INC with ownership of 54,473,695, which is approximately -3.004% of the company’s market cap and around 0.75% of the total institutional ownership; BLACKROCK INC., holding 38,665,233 shares of the stock with an approximate value of $3.18 billion in EMR stocks shares; and STATE STREET CORP, currently with $2.09 billion in EMR stock with ownership of nearly -5.971% of the company’s market capitalization.
Positions in Emerson Electric Co. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 735 institutional holders increased their position in Emerson Electric Co. [NYSE:EMR] by around 23,932,927 shares. Additionally, 926 investors decreased positions by around 51,600,759 shares, while 302 investors held positions by with 363,267,424 shares. The mentioned changes placed institutional holdings at 438,801,110 shares, according to the latest SEC report filing. EMR stock had 101 new institutional investments in for a total of 3,804,455 shares, while 206 institutional investors sold positions of 8,216,636 shares during the same period.