Emerson(EMR)
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Emerson Electric (EMR) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-27 22:56
The most recent trading session ended with Emerson Electric (EMR) standing at $109.22, reflecting a +0.29% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 0.13%. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.39%.Shares of the maker of process controls systems, valves and analytical instruments have appreciated by 4.62% over the course of the past month, underperforming the Industrial Products sector's gai ...
Emerson Electric: Growing Margins At A Reasonable Valuation
Seeking Alpha· 2024-09-26 18:27
Editor's note: Seeking Alpha is proud to welcome Bargain Hunters as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SAI'm analyzing as many stocks as possible to build competence across as many companies and industries as I can, and I'll be sharing interesting stocks I find along the way. I've always found this quote by Peter Lynch to be inspiring: “I always thought if yo ...
Emerson Electric (EMR) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-23 23:06
Company Overview - Emerson Electric (EMR) closed at $105.05, reflecting a -0.1% change from the previous trading day, underperforming the S&P 500 which gained 0.28% [1] - Over the last month, Emerson Electric's shares increased by 0.5%, lagging behind the Industrial Products sector's gain of 5.6% and the S&P 500's gain of 2% [1] Earnings Performance - The upcoming earnings report is expected to show an EPS of $1.48, a 14.73% increase year-over-year, with projected revenue of $4.59 billion, reflecting a 12.14% rise from the same quarter last year [1] - For the annual period, Zacks Consensus Estimates anticipate earnings of $5.48 per share and revenue of $17.46 billion, indicating increases of +23.42% and +15.13% respectively from the previous year [2] Analyst Estimates and Valuation - Recent analyst estimate revisions suggest optimism about Emerson Electric's business outlook, with the Zacks Rank system currently placing the company at 3 (Hold) [2][3] - The Forward P/E ratio for Emerson Electric is 19.18, which is a discount compared to the industry's average Forward P/E of 22.26 [3] - The company has a PEG ratio of 1.74, while the Manufacturing - Electronics industry has an average PEG ratio of 2.02 [3] Industry Context - The Manufacturing - Electronics industry is part of the Industrial Products sector and holds a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]
Emerson Stock Exhibits Strong Prospects Despite Headwinds
ZACKS· 2024-09-19 16:20
Core Insights - Emerson Electric Co. is experiencing strong demand across various end markets, particularly in the process and hybrid industries, with underlying sales increasing by 3% in the fiscal third quarter [1] - The company is focusing on expanding its market presence through acquisitions, which positively impacted net sales growth by 9% in the third quarter of fiscal 2024 [3] - Strong cash flows enable the company to invest in acquisitions, repurchase shares, and pay dividends, with free cash flow reaching $2 billion, a 30.7% increase in the third quarter [5] Group 1: Market Demand and Performance - Demand in the process industry is expected to remain robust in fiscal 2024, driven by energy, LNG, and power markets [1] - The Intelligent Devices and Software and Control segments are performing well, with notable growth in the Final Control business and strong backlog conversion in the Measurement & Analytical business [2] Group 2: Acquisitions and Growth Strategy - Recent acquisitions, including Afag and Flexim, have enhanced Emerson's capabilities in factory automation and flow measurement, respectively [3] - The acquisition of National Instruments for $8.2 billion aligns with the company's strategy to strengthen its global automation presence in high-growth markets [4] Group 3: Financial Performance and Capital Allocation - The company reported free cash flow of $2 billion and plans to repurchase shares worth $300 million and pay out dividends of $1.2 billion in fiscal 2024 [5] - In the past year, Emerson's shares have increased by 5.8%, compared to the industry's growth of 17.7% [5] Group 4: Cost Challenges and Restructuring - Emerson is facing challenges from high sales and operating costs, with the cost of sales increasing by 5.8% in the fiscal third quarter [6] - Restructuring costs have risen significantly, totaling $57 million in the fiscal third quarter, which may impact earnings in the near term [7]
Emerson to Help Drive Greater Industrial Edge Interoperability
Prnewswire· 2024-09-16 13:00
Company brings deep legacy of driving industry standards to Margo initiative enabling more flexible, scalable automation for customersST. LOUIS, Sept. 16, 2024 /PRNewswire/ -- Global automation and technology leader Emerson (NYSE: EMR) is joining the Linux Foundation's Margo, a new open-standard initiative designed to make edge applications, devices and orchestration software work together seamlessly across multi-vendor industrial automation environments.As process and discrete manufacturers implement enhan ...
Why Emerson Electric (EMR) is a Top Value Stock for the Long-Term
ZACKS· 2024-09-10 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
Emerson Electric (EMR) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2024-09-05 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?D ...
Emerson Electric: Upgrading My Portfolio With This Undervalued Dividend King
Seeking Alpha· 2024-09-03 21:30
SweetBunFactory The first thing I ask myself when I think about buying shares in a new company these days is, "Will they improve the quality of my portfolio?" Frankly, the answer is usually no. You see, I already own shares in 65 different blue-chip companies. I've already got my bases covered when it comes to just about every sector, industry, and secular growth story that I want long-term exposure to. Those 65 stocks set a pretty high bar to clear as far as quality goes. And therefore, so long as I stay d ...
3 Great Value Stocks That Are Screaming Buys in September
The Motley Fool· 2024-09-02 13:30
Despite the rise in the markets this year, there are still great value stocks to be found.It's a good idea to buy stocks that have solid upside potential and limited downside. And I think automation technology company Emerson Electric (EMR 1.25%), water products company Pentair (PNR 1.95%), and industrial conglomerate 3M (MMM 1.34%) are ideal candidates in this regard. Here's why.Emerson Electric is an outstanding value stockManagement's decision to focus the company on automation and adjacent markets like ...
Emerson Ventures Invests in Symmera
Prnewswire· 2024-08-21 13:30
Strategic investment supports emerging technology for secure device management ST. LOUIS, Aug. 21, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today announced it has made a strategic investment through its corporate venture capital arm Emerson Ventures in Symmera, an early-stage company simplifying device authentication and data protection. Boulder Ventures will co-invest with Emerson.Through Emerson Ventures' value-add strategic investment approach, Emerson is investing in promising new technology: Symmera's ...