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 ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Emerson Electric (EMR) .Emerson Electric currently has an average brokerag ...

Emerson Electric (EMR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of process controls systems, valves and analytical instruments have returned +3.2% over the past month versus the Zacks S&P 500 composite's +4.8% change. The Zacks Manufacturing - Electronics industry, to which Emerson Electric belongs, has gained 5.6% over this period. Now the key question is: ...

Emerson Electric (EMR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this maker of process controls systems, valves and analytical instruments have returned +2.6%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Manufacturing - Electronics industry, which Emerson Electric falls in, has gained 3.2%. The key qu ...

Have you assessed how the international operations of Emerson Electric (EMR) performed in the quarter ended March 2024? For this maker of process controls systems, valves and analytical instruments, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financ ...

imaginima After years of divestiture and acquisitions, Emerson (NYSE:EMR) has successfully transitioned into a better-growth industrial technology company with a robust business in software, control, sustainability, decarbonization and energy transitions. I think the company will continue to reap benefits from software & control growth, particular in data center and factory automation markets. On May 8, they released their Q2 FY24 result with a robust growth, raising the full-year guidance. I initiate with ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Emerson Electric (EMR) .Emerson Electric currently has an average ...