Emerson Electric Co. (NYSE: EMR) is 3.28% higher on its value in year-to-date trading and has touched a low of $72.40 and a high of $100.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EMR stock was last observed hovering at around $94.67 in the last trading session, with the day’s gains setting it 1.35% off its average median price target of $99.00 for the next 12 months. It is also 19.98% off the consensus price target high of $120.00 offered by analysts, but current levels are -20.02% lower than the price target low of $80.00 for the same period.
Currently trading at $96.02, the stock is 6.23% and 15.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing 1.43% at the moment leaves the stock 9.95% off its SMA200. EMR registered 1.67% gain for a year compared to 6-month gain of 14.46%.
The stock witnessed a 14.46% gain in the last 1 month and extending the period to 3 months gives it a 10.44%, and is -0.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.63% over the week and 2.38% over the month.
Emerson Electric Co. (EMR) has around 85500 employees, a market worth around $57.33B and $19.63B in sales. Current P/E ratio is 17.72 and Fwd P/E is 20.82. Profit margin for the company is 16.50%. Distance from 52-week low is 32.62% and -3.98% from its 52-week high. The company has generated returns on investments over the last 12 months (11.90%).
Emerson Electric Co. is expected to release its quarterly report on 02/07/2023.The EPS is expected to grow by 41.60% this year.
Emerson Electric Co. (EMR) Top Institutional Holders
The shares outstanding are 590.80M, and float is at 586.91M with Short Float at 0.98%.
Emerson Electric Co. (EMR) Insider Activity
A total of 14 insider transactions have happened at Emerson Electric Co. (EMR) in the last six months, with sales accounting for 3 and purchases happening 11 times. The most recent transaction is an insider sale by Karsanbhai Surendralal Lanca,the company’sCEO and President. SEC filings show that Karsanbhai Surendralal Lanca sold 4,603 shares of the company’s common stock on Nov 16 at a price of $95.86 per share for a total of $0.44 million. Following the sale, the insider now owns 99591.0 shares.
Emerson Electric Co. disclosed in a document filed with the SEC on Nov 08 that Bosco Sara Yang (Sr. VP, Secy and Gen. Counsel) sold a total of 10,977 shares of the company’s common stock. The trade occurred on Nov 08 and was made at $91.13 per share for $1.0 million. Following the transaction, the insider now directly holds 0.12 million shares of the EMR stock.
Still, SEC filings show that on Nov 08, DELLAQUILA FRANK J (Senior Exec. VP and CFO) disposed off 83,073 shares at an average price of $91.07 for $7.57 million. The insider now directly holds 271,785 shares of Emerson Electric Co. (EMR).
Emerson Electric Co. (EMR): Who are the competitors?
The company’s main competitors (and peers) include Honeywell International Inc. (HON) that is trading 0.28% up over the past 12 months. General Electric Company (GE) is -13.60% down on the 1-year trading charts.