Emerson Electric (EMR) Outperforms Broader Market: What You Need to Know

Company Performance - Emerson Electric closed at $133.67, with a daily increase of +1.23%, outperforming the S&P 500 which gained 0.3% [1] - Over the past month, Emerson's shares decreased by 0.68%, while the Industrial Products sector saw a slight decline of 0.06% and the S&P 500 increased by 2.09% [1] Earnings Expectations - Analysts anticipate Emerson Electric will report an EPS of $1.62, reflecting a 9.46% increase year-over-year [2] - The expected quarterly revenue is $4.9 billion, which represents a 6.05% increase compared to the same period last year [2] Full Year Projections - For the full year, earnings are projected at $6 per share and revenue at $18.06 billion, indicating increases of +9.29% and +3.27% respectively from the previous year [3] - Recent modifications to analyst estimates suggest a positive outlook for the company's business and profitability [3] Stock Performance and Valuation - The Zacks Rank system indicates Emerson Electric holds a rank of 3 (Hold), with a recent 0.14% increase in the consensus EPS estimate over the last 30 days [5] - The company has a Forward P/E ratio of 22, which is lower than the industry average of 23.93, and a PEG ratio of 2.57 compared to the industry average of 1.83 [6] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]