why Emerson Electric Co [EMR] is a Good Choice for Investors After New Price Target of $144.40

Emerson Electric Co [NYSE: EMR] gained 0.43% or 0.5 points to close at $116.34 with a heavy trading volume of 3488547 shares.

The daily chart for EMR points out that the company has recorded 14.04% gains over the past six months.

If we look at the average trading volume of 2.91M shares, EMR reached to a volume of 3488547 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $144.40 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 1.74. 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.

Daiwa Securities have made an estimate for Emerson Electric Co shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 28, 2025. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on December 12, 2024, representing the official price target for Emerson Electric Co stock. Previously, the target price had yet another raise from $120 to $135, while UBS kept a Neutral rating on EMR stock.

The Average True Range (ATR) for Emerson Electric Co is set at 3.05, with the Price to Sales ratio for EMR stock in the period of the last 12 months amounting to 3.74. The Price to Book ratio for the last quarter was 3.20, with the Price to Cash per share for the same quarter was set at 5.03. Price to Free Cash Flow for EMR in the course of the last twelve months was 20.07 with Quick ratio for the last quarter at 1.17.

Trading performance analysis for EMR stock

Emerson Electric Co [EMR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.05. With this latest performance, EMR shares dropped by -8.89% in over the last four-week period, additionally plugging by 14.04% over the last 6 months – not to mention a rise of 6.24% 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 36.51, with the RSI for the last a single of trading hit 34.44, and the three-weeks RSI is set at 39.06 for Emerson Electric Co [EMR]. The present Moving Average for the last 50 days of trading for this stock 123.95, while it was recorded at 117.00 for the last single week of trading, and 115.75 for the last 200 days.

Emerson Electric Co [EMR]: A deeper dive into fundamental analysis

Emerson Electric Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.54.

Emerson Electric Co [EMR]: An earnings per share (EPS) analysis

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 8.86%.

An analysis of Institutional ownership at Emerson Electric Co [EMR]

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 4.2494%.