Emerson(US:EMR) ZACKSยท2024-09-23 23:06Company 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]