Is Most-Watched Stock Eaton Corporation, PLC (ETN) Worth Betting on Now?

Core Viewpoint - Eaton's stock has shown a strong performance recently, returning +10.5% over the past month, outperforming the S&P 500's +4.4% and the Zacks Manufacturing - Electronics industry's +10.1% [1] Earnings Estimate Revisions - The consensus earnings estimate for Eaton is $2.92 per share for the current quarter, reflecting a year-over-year increase of +7% [4] - The consensus estimate for the current fiscal year is $12.02, indicating a year-over-year change of +11.3% [4] - For the next fiscal year, the consensus estimate is $13.62, representing a +13.3% change from the previous year [5] Revenue Growth Projections - Eaton's consensus sales estimate for the current quarter is $6.93 billion, showing a year-over-year increase of +9.1% [10] - The revenue estimates for the current and next fiscal years are $27.36 billion and $29.55 billion, indicating changes of +10% and +8%, respectively [10] Last Reported Results and Surprise History - In the last reported quarter, Eaton generated revenues of $6.38 billion, a year-over-year increase of +7.3% [11] - The EPS for the same period was $2.72, compared to $2.4 a year ago, with a revenue surprise of +1.78% and an EPS surprise of +0.74% [11] - Eaton has beaten consensus EPS estimates in each of the trailing four quarters, while topping revenue estimates just once [12] Valuation - Eaton has a Zacks Rank of 3 (Hold), indicating it may perform in line with the broader market in the near term [6][17] - The Zacks Value Style Score for Eaton is graded D, suggesting it is trading at a premium compared to its peers [16]