Eaton(US:ETN) ZACKSยท2025-03-17 22:55Company Performance - Eaton's stock closed at $297.23, with a daily increase of +1.23%, outperforming the S&P 500's gain of 0.64% [1] - Over the past month, Eaton's stock has decreased by 5.03%, which is better than the Industrial Products sector's decline of 6.06% and the S&P 500's drop of 7.69% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $2.70, reflecting a 12.5% increase from the same quarter last year [2] - Revenue is forecasted to be $6.27 billion, indicating a growth of 5.43% compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $12.03 per share and revenue at $26.74 billion, representing increases of +11.39% and +7.48% respectively from the previous year [3] - Recent revisions to analyst forecasts are important as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Eaton's Forward P/E ratio is currently 24.4, which is higher than the industry average of 23.47, indicating a premium valuation [6] - The PEG ratio stands at 2.51, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.88, suggesting that Eaton's stock is priced higher relative to its expected earnings growth [7] Industry Ranking - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 45, placing it in the top 18% of over 250 industries [8] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1, indicating a strong position for Eaton within its industry [8]