JP Morgan lifts Emerson Electric Co. [EMR] price estimate. Who else is bullish?

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Emerson Electric Co. [NYSE: EMR] slipped around -1.16 points on Wednesday, while shares priced at $100.86 at the close of the session, down -1.14%.

Compared to the average trading volume of 2.60M shares, EMR reached a trading volume of 2745167 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $129.20 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 1.40. 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.

JP Morgan have made an estimate for Emerson Electric Co. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 14, 2024. While these analysts kept the previous recommendation, Redburn Atlantic raised their target price to Buy. The new note on the price target was released on July 08, 2024, representing the official price target for Emerson Electric Co. stock. Previously, the target price had yet another raise from $123 to $138, while Deutsche Bank kept a Buy rating on EMR stock. On January 04, 2024, analysts increased their price target for EMR shares from 95 to 118.

The Average True Range (ATR) for Emerson Electric Co. is set at 2.27, with the Price to Sales ratio for EMR stock in the period of the last 12 months amounting to 3.41. The Price to Book ratio for the last quarter was 2.78, with the Price to Cash per share for the same quarter was set at 4.01. Price to Free Cash Flow for EMR in the course of the last twelve months was 48.74 with Quick ratio for the last quarter at 0.86.

How has EMR stock performed recently?

Emerson Electric Co. [EMR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.89. With this latest performance, EMR shares dropped by -5.20% in over the last four-week period, additionally sinking by -7.48% over the last 6 months – not to mention a rise of 1.96% 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 36.37, with the RSI for the last a single of trading hit 32.39, and the three-weeks RSI is set at 38.99 for Emerson Electric Co. [EMR]. The present Moving Average for the last 50 days of trading for this stock 109.08, while it was recorded at 103.25 for the last single week of trading, and 105.02 for the last 200 days.

Emerson Electric Co. [EMR]: Deeper insight into the fundamentals

Emerson Electric Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 1.16.

Earnings analysis for Emerson Electric Co. [EMR]

With the latest financial reports released by the company, Emerson Electric Co. posted 1.29/share EPS, while the average EPS was predicted by analysts to be reported at 1.31/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. 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 12.67%.

Insider trade positions for Emerson Electric Co. [EMR]

There are presently around $79.35%, or 79.63%% of EMR stock, in the hands of institutional investors. The top three institutional holders of EMR stocks are: VANGUARD GROUP INC with ownership of 52.57 million shares, which is approximately 9.1995%. BLACKROCK INC., holding 35.34 million shares of the stock with an approximate value of $$3.89 billion in EMR stocks shares; and BLACKROCK INC., currently with $$2.68 billion in EMR stock with ownership which is approximately 4.2531%.