Eaton Corporation (ETN) shares are trading at a premium compared to the Zacks Manufacturing-Electronics industry. Its forward 12-month Price/Earnings of 26.68X is higher than the broader sector's 19.19X and the Manufacturing-Electronics Industry's 22.78X. Eaton's near-term prospects look bright, given its VGM Score of B. The stocks with a high VGM Score are those with the most attractive value, best growth and most promising momentum compared with peers. Eaton's shares have gained 44.2% in the last year, ou ...

Eaton (ETN) 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. Shares of this power management company have returned -0.4% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Manufacturing - Electronics industry, to which Eaton belongs, has remained unchanged over this period. Now the key question is: Where could the stock be headed in the near term? Whi ...

Eaton Corporation plc (ETN) has collaborated with Tesla Inc. (TSLA) to boost home energy storage and solar installations. Per this collaboration, Tesla's Powerwall will support Eaton's new AbleEdge smart breakers and make it easier for homeowners to achieve intelligent load management that will help to optimize energy usage and extend the time of backup during a grid outage. Utilizing the joint expertise and expansive installed base of Eaton and Tesla, these companies are bringing energy storage with load m ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Eaton (ETN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Eaton is one of 219 individual stocks in the Industrial Products sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in ...

RichVintage/E+ via Getty Images Once upon a time, a fund like the recently introduced MAX S&P 500 4X Leveraged ETN (NYSEARCA:SPYU) would have likely taken a beating by investment analysts for its irresponsible exposure to risk. About seven years ago, it felt lonely to be one of the very few writers seeing the benefits of investing in leveraged funds, even (and especially) in the context of long-term strategies, if and when done reasonably. Now, I am glad to see others, including on Seeking Alpha, appreciate ...

For Immediate Release Chicago, IL – August 28, 2024 – Today, Zacks Equity Research discusses, Eaton Corp. plc (ETN) , Zurn Elkay Water Solutions Corp. (ZWS) , EnerSys (ENS) and Powell Industries, Inc. (POWL) . Industry: Manufacturing Electronics Link: https://www.zacks.com/commentary/2327695/4-stocks-to-buy-from-the-promising-manufacturingelectronics-industry The Zacks Manufacturing - Electronics industry is poised for growth on the back of steady demand across the electronic services end market, increasing ...

Power management company Eaton Corporation (ETN) recently announced expansion plans for its global Innovation Center near Montreal in Brossard, Quebec within a year of its opening. Eaton's Innovation Center is focused on the research and development of distributed energy resources ("DER") technologies. After the expansion of the innovation center, it will provide hands-on training for digital technologies accelerating the energy transition, accelerating innovation and adoption of new solutions. Currently, e ...

Wall Street recouped all losses in early August and regained its steady northbound journey. Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — are up 8.4%, 18.5% and 21.4%, respectively. Large-cap stocks across the board have also gained. This time, the rally is broad-based and not confined to the so-called "Magnificent 7." Stocks of various non-U.S. giants with a favorable Zacks Rank also surged. Four such stocks with strong earnings estimate revisions are Taiwan ...

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 Eaton (ETN) . Eaton currently has an average brokerage recommend ...

Eaton Corporation's (ETN) operations will thrive on wide market reach and systematic R&D expenditures, which will create new products that are set to help its customers in efficient power management. Reindustrialization and Megatrends are creating more opportunities for the company. This power management solution provider has delivered an average earnings surprise of 4.67% in the last four quarters. Second-Quarter Recap Eaton's second-quarter 2024 earnings of $2.73 per share surpassed the Zacks Consensus Es ...