Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Emerson Electric (EMR) , which belongs to the Zacks Manufacturing - Electronics industry.This maker of process controls systems, valves and analytical instruments has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 12.62%.For the last ...

Most are familiar with Dividend Aristocrats, companies that have increased dividend payouts for at least 25 consecutive years.However, a step above that is the elite Dividend Kings group, which consists of companies that have boosted their payouts for a minimum of 50 consecutive years.These companies have shown incredible resilience historically, surviving through many economic periods while also continuously increasingly rewarding shareholders.For those seeking a steady income stream, several members of th ...

Emerson Electric (EMR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this maker of process controls systems, valves and analytical instruments have returned -5.6% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Manufacturing - Electronics industry, to which Emerson Electric belongs, has lost 2.4% over this period. Now th ...

Emerson Electric (EMR) closed the most recent trading day at $108.53, moving +0.03% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.23%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq added 0.34%.The maker of process controls systems, valves and analytical instruments's shares have seen a decrease of 5.5% over the last month, not keeping up with the Industrial Products sector's loss of 3.86% and the S&P 500's gain of 3.96%.Analysts and investors ...

The report highlights company's progress toward net-zero operations, continued investment in employees and communities ST. LOUIS, June 12, 2024 /PRNewswire/ -- Global technology and software company Emerson (NYSE: EMR) released its 2023 Sustainability Report today, highlighting the company's efforts to make the world healthier, safer, smarter and more sustainable."Sustainability is at the core of Emerson's mission and culture, guiding our innovation, operational execution and business strategies," said Emer ...

A month has gone by since the last earnings report for Emerson Electric (EMR) . Shares have lost about 8.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Emerson Electric due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Emerson Q2 Earnings Surpass Estimates, Sa ...

Core Viewpoint - Emerson Electric has experienced a decline of -8.3% in share price over the past month, contrasting with the S&P 500's increase of +3.5% and the Zacks Manufacturing - Electronics industry's loss of -2.7% [1] Earnings Estimates Revisions - The consensus earnings estimate for Emerson Electric is $1.41 per share for the current quarter, reflecting a year-over-year increase of +9.3%, although it has decreased by -1.9% over the last 30 days [3] - For the current fiscal year, the consensus earnings estimate is $5.47, indicating a +23.2% change from the previous year, with a +1.3% increase in the last 30 days [3] - The next fiscal year's consensus earnings estimate is $5.93, showing an +8.4% change year-over-year, with a +2.4% increase over the past month [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $4.45 billion, representing a year-over-year increase of +12.7% [5] - For the current fiscal year, the revenue estimate is $17.57 billion, indicating a +15.9% change, while the next fiscal year's estimate is $18.34 billion, reflecting a +4.4% change [5] Last Reported Results and Surprise History - In the last reported quarter, Emerson Electric achieved revenues of $4.38 billion, a +16.5% year-over-year increase, and an EPS of $1.36 compared to $1.09 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $4.29 billion by +2.02%, and the EPS surprise was +7.94% [6] - Over the last four quarters, Emerson Electric has surpassed consensus EPS estimates three times and revenue estimates three times [6] Valuation - The Zacks Value Style Score for Emerson Electric is graded C, indicating that it is trading at par with its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for determining whether the stock is fairly valued, overvalued, or undervalued [7][8] Bottom Line - Emerson Electric's Zacks Rank 3 suggests that it may perform in line with the broader market in the near term [10]

Transaction Represents Important Simplification Milestone in Emerson's Portfolio Transformation ST. LOUIS and NEW YORK, June 6, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) announced today that it has entered into a definitive agreement to sell its remaining interests in the Copeland joint venture (formerly Emerson Climate Technologies) for a transaction value of approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion of future indemnity obligations. Private eq ...

From a technical perspective, Emerson Electric (EMR) is looking like an interesting pick, as it just reached a key level of support. EMR recently overtook the 50-day moving average, and this suggests a short-term bullish trend.The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important ...

LifestyleVisuals/E+ via Getty Images Introduction There are several key trends that driving an increase in fixed asset investments (power, plant & equipment) such as climate change or decarbonization (coal, oil & gas to renewable electricity), which also stimulates energy efficiency as well as EV (Electric Vehicle) conversion. Add to this the rapid AI implementation that propels data centers and increased energy needs. Finally, the defense and aerospace sectors are in a re-arming phase with what some ma ...