Emerson Electric Co.’s Market Journey: Closing Strong at 104.10, Up 1.00

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The closing price of Emerson Electric Co. (NYSE: EMR) was $104.10 for the day, up 1.00% from the previous closing price of $103.07. In other words, the price has increased by $1.00 from its previous closing price. On the day, 2.6 million shares were traded. EMR stock price reached its highest trading level at $104.31 during the session, while it also had its lowest trading level at $102.96.

Ratios:

Our analysis of EMR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.37.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on July 08, 2024, initiated with a Buy rating and assigned the stock a target price of $135.

On May 09, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $123 to $138.

Mizuho Upgraded its Neutral to Buy on January 04, 2024, whereas the target price for the stock was revised from $95 to $118.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Piazza Nicholas J. sold 2,200 shares for $108.50 per share. The transaction valued at 238,700 led to the insider holds 22,754 shares of the business.

LEVATICH MATTHEW S sold 1,933 shares of EMR for $204,081 on Feb 15 ’24. The Director now owns 24,965 shares after completing the transaction at $105.58 per share. On Feb 14 ’24, another insider, Karsanbhai Surendralal Lanca, who serves as the President & CEO of the company, sold 2,344 shares for $106.02 each. As a result, the insider received 248,513 and left with 138,750 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EMR now has a Market Capitalization of 59545198592 and an Enterprise Value of 73902202880. As of this moment, Emerson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.85, and their Forward P/E ratio for the next fiscal year is 17.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.51 while its Price-to-Book (P/B) ratio in mrq is 2.87. Its current Enterprise Value per Revenue stands at 4.357 whereas that against EBITDA is 16.823.

Stock Price History:

Over the past 52 weeks, EMR has reached a high of $119.53, while it has fallen to a 52-week low of $83.10. The 50-Day Moving Average of the stock is -5.81%, while the 200-Day Moving Average is calculated to be 0.31%.

Shares Statistics:

EMR traded an average of 2.47M shares per day over the past three months and 3511060 shares per day over the past ten days. A total of 572.00M shares are outstanding, with a floating share count of 570.74M. Insiders hold about 0.34% of the company’s shares, while institutions hold 78.77% stake in the company. Shares short for EMR as of 1722384000 were 7045302 with a Short Ratio of 2.86, compared to 1719532800 on 7010228. Therefore, it implies a Short% of Shares Outstanding of 7045302 and a Short% of Float of 1.23000005.

Dividends & Splits

With its trailing 12-month dividend rate of 2.095, EMR has a forward annual dividend rate of 1.57. Against a Trailing Annual Dividend Yield of 0.020325992The stock’s 5-year Average Dividend Yield is 2.45.

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