Emerson Electric (EMR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this maker of process controls systems, valves and analytical instruments have returned +11% over the past month versus the Zacks S&P 500 composite's +4.1% change. The Zacks Manufacturing - Electronics industry, to which Emerson Electric belongs, has gained 10% over this period. Now th ...

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.Even though momentum is a popular stock char ...

Group 1 - Emerson Electric reported quarterly earnings of $1.48 per share, exceeding the Zacks Consensus Estimate of $1.42 per share, and up from $1.36 per share a year ago [1] - The earnings surprise for the quarter was 4.23%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - The company posted revenues of $4.43 billion for the quarter, surpassing the Zacks Consensus Estimate by 1.18%, and up from $4.38 billion year-over-year [3] Group 2 - Emerson Electric shares have declined approximately 13.4% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [4] - The current consensus EPS estimate for the upcoming quarter is $1.55 on revenues of $4.52 billion, and for the current fiscal year, it is $5.94 on revenues of $17.8 billion [8] - The Manufacturing - Electronics industry, to which Emerson Electric belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]

Powell Industries (POWL) came out with quarterly earnings of $3.81 per share, beating the Zacks Consensus Estimate of $3.34 per share. This compares to earnings of $2.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.07%. A quarter ago, it was expected that this energy equipment company would post earnings of $2.83 per share when it actually produced earnings of $2.86, delivering a surprise of 1.06%.Over the last four quar ...

Group 1: Earnings Performance - Eaton reported quarterly earnings of $2.72 per share, exceeding the Zacks Consensus Estimate of $2.70 per share, and up from $2.40 per share a year ago, representing an earnings surprise of 0.74% [1] - The company posted revenues of $6.38 billion for the quarter, surpassing the Zacks Consensus Estimate by 1.78%, compared to $5.94 billion in the same quarter last year [2] - Over the last four quarters, Eaton has surpassed consensus EPS estimates four times, but has only topped consensus revenue estimates once [2] Group 2: Stock Performance and Outlook - Eaton shares have declined approximately 9.1% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $3.02 on revenues of $6.77 billion, and for the current fiscal year, it is $11.99 on revenues of $26.69 billion [7] Group 3: Industry Context - The Manufacturing - Electronics industry, to which Eaton belongs, is currently ranked in the top 18% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current estimate revisions trend for Eaton is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]

Company Performance - Emerson Electric (EMR) closed at $105.28, reflecting a +0.22% change from the previous day, underperforming the S&P 500's gain of 0.74% [1] - Over the past month, EMR shares have decreased by 6.27%, outperforming the Industrial Products sector's decline of 6.87% but lagging behind the S&P 500's loss of 4.77% [2] Upcoming Financial Results - Emerson Electric is set to announce its earnings on May 7, 2025, with an expected EPS of $1.42, representing a 4.41% increase from the same quarter last year [3] - The consensus estimate projects revenue of $4.38 billion, indicating a 0.1% rise from the equivalent quarter last year [3] Full Year Projections - For the full year, Zacks Consensus Estimates forecast earnings of $5.93 per share and revenue of $17.79 billion, showing increases of +8.01% and +1.73% respectively from the previous year [4] - Recent analyst estimate revisions suggest a positive outlook for the company's business operations and profit generation capabilities [4] Valuation Metrics - Emerson Electric is currently trading at a Forward P/E ratio of 17.7, which is lower than the industry's average Forward P/E of 19.95 [7] - The company's PEG ratio stands at 2.08, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.71 [7] Industry Context - The Manufacturing - Electronics industry is part of the Industrial Products sector and holds a Zacks Industry Rank of 56, placing it in the top 23% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]