Emerson Electric Co. [NYSE: EMR] stock went on a downward path that fall over -0.98% on Thursday, amounting to a one-week price increase of more than 2.70%. The company report on November 8, 2023 at 9:00 AM that DG Fuels Selects Emerson Engineering and Automation Portfolio to Support Sustainable Transportation Biofuels Production.
Emerging renewable fuels leader will implement advanced technologies to help meet global demand for sustainable aviation and diesel fuels.
Emerson (NYSE: EMR), a leader in industrial software and technology, has been chosen by DG Fuels to provide comprehensive automation and project engineering to help transportation sector decarbonization efforts through production of advanced biofuels.
Over the last 12 months, EMR stock dropped by -9.02%. The one-year Emerson Electric Co. stock forecast points to a potential upside of 18.26. The average equity rating for EMR stock is currently 1.56, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $49.88 billion, with 572.00 million shares outstanding and 567.83 million shares in the current float. Compared to the average trading volume of 2.97M shares, EMR stock reached a trading volume of 2719479 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $107.05 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 1.56. 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.
KeyBanc Capital Markets have made an estimate for Emerson Electric Co. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 03, 2023.
The Average True Range (ATR) for Emerson Electric Co. is set at 1.94, with the Price to Sales ratio for EMR stock in the period of the last 12 months amounting to 3.29. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 14.12. Price to Free Cash Flow for EMR in the course of the last twelve months was 182.06 with Quick ratio for the last quarter at 2.35.
EMR Stock Performance Analysis:
Emerson Electric Co. [EMR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.70. With this latest performance, EMR shares dropped by -6.62% in over the last four-week period, additionally plugging by 6.32% over the last 6 months – not to mention a drop of -9.02% 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 41.31, with the RSI for the last a single of trading hit 43.19, and the three-weeks RSI is set at 41.14 for Emerson Electric Co. [EMR]. The present Moving Average for the last 50 days of trading for this stock 93.47, while it was recorded at 87.50 for the last single week of trading, and 88.97 for the last 200 days.
Insight into Emerson Electric Co. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Emerson Electric Co. [EMR] shares currently have an operating margin of +18.19 and a Gross Margin at +45.80. Emerson Electric Co.’s Net Margin is presently recorded at +14.15.
Return on Total Capital for EMR is now 9.86, given the latest momentum, and Return on Invested Capital for the company is 8.07. Return on Equity for this stock inclined to 11.61, with Return on Assets sitting at 5.47. When it comes to the capital structure of this company, Emerson Electric Co. [EMR] has a Total Debt to Total Equity ratio set at 30.67. Additionally, EMR Total Debt to Total Capital is recorded at 23.47, with Total Debt to Total Assets ending up at 19.08. Long-Term Debt to Equity for the company is recorded at 28.61, with the Long-Term Debt to Total Capital now at 21.90.
Receivables Turnover for the company is 4.38 with a Total Asset Turnover recorded at a value of 0.39.Emerson Electric Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.35 and a Current Ratio set at 2.75.
EMR Stock EPS
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 15.40%.
Emerson Electric Co. [EMR] Institutonal Ownership Details
The top three institutional holders of EMR stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in EMR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in EMR stock with ownership which is approximately 5.7994%.