Bank of America recently named electrical-components maker Eaton (NYSE:ETN) as one of the top 19 beneficiaries of the electrification of the economy. Among the trends that will create large increases in the demand for electricity are the proliferation of AI and data centers, the bank noted. Given the huge cash reserves of many firms driving the latter trends, including Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) these developments are unlikely to falter from slowing economic growth. Moreover, very few ...

Over the past week, the XLI ETF has been consolidating in a tight range, with its 20 and 50-day Simple Moving Averages (SMA) acting as resistance. A breakout above these levels could transform the ETF's daily chart from indicating a potential double-top to showcasing a bullish consolidation on the verge of a significant breakout. This setup indicates that the sector might be gearing up for a strong upward move if resistance turns into support soon. So, let's examine the sector and its ETF more closely and e ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Eaton (ETN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Eaton currently has an average brokerage recommendation (ABR) of ...

It has been about a month since the last earnings report for Eaton (ETN) . Shares have added about 6.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? 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 drivers. Eaton Q1 Earnings Beat Estimates, 2024 View Raised Eaton Co ...

盈利预测和财务指标 2022 2023 2024E 2025E 2026E 营业收入(百万美元) 20,752 23,196 24,892 26,494 28,070 (+/-%) 5.7% 11.8% 7.3% 6.4% 5.9% 净利润(百万美元) 2462 3218 3615 3981 4369 (+/-%) 14.8% 30.7% 12.3% 10.1% 9.8% 每股收益（美元） 6.16 8.05 9.22 10.16 11.15 EBIT Margin 14.4% 16.7% 17.7% 18.0% 18.3% 净资产收益率（ROE） 14.5% 16.9% 18.5% 17.8% 17.2% 市盈率（PE） 53.3 40.8 35.6 32.3 29.5 EV/EBITDA 37.8 31.2 27.4 25.6 24.0 市净率（PB） 7.71 6.90 6.59 5.77 5.07 资料来源：Wind、国信证券经济研究所预测 注：摊薄每股收益按最新总股本计算 北美电气化业务表现亮眼，大型基建项目市占率稳定 2024Q1 实现归母净利润 8.2 亿美元，同比+29%。2024Q1 公司实 ...

Eaton Corp. plc (ETN) , with its rising backlogs, systematic capital expenditure, rising earnings estimates and strong ROE, offers a great investment opportunity in the Industrial Products sector. Let's focus on the reasons that make this Zacks Rank #2 (Buy) stock a solid investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for ETN's 2024 earnings per share (EPS) has increased 3.2% to $10.56 in the past 90 days. The Zacks Consensus Estimate for ETN's total revenu ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

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 sellside) 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 Eaton (ETN) . Eaton currently has an average brokerage recommendation (ABR ...

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 +5.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Manufacturing - Electronics industry, to which Eaton belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term?Although m ...

Industrial stocks have been on a tear, and there are various reasons for optimism. The Biden Administration’s Infrastructure Investment and Jobs Act (IIJA) authorized spending $850 billion across hundreds of different projects around the nation. Disbursement of that money is already well under way, with a great deal of jobs and economy activity arising as a result; this has been a massive stimulative event for industrial stocks.In addition, technological breakthroughs are driving activity in the space. Elec ...