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Emerson Electric (EMR) Rises As Market Takes a Dip: Key Facts
EMREmerson(EMR) ZACKS·2024-12-27 00:06

Company Performance - Emerson Electric (EMR) closed at 126.39,withaslightincreaseof+0.13126.39, with a slight increase of +0.13% compared to the previous day, outperforming the S&P 500's daily loss of 0.04% [1] - For the full year, earnings are projected at 5.94 per share and revenue at 18.17billion,reflectingincreasesof+8.218.17 billion, reflecting increases of +8.2% and +3.86% respectively from the previous year [2] - The company's shares have depreciated by 4.8% over the past month, which is better than the Industrial Products sector's loss of 8.42% but lagging behind the S&P 500's gain of 1.05% [3] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected EPS of 1.28, indicating a 4.92% increase year-over-year, and revenue expected to be $4.23 billion, a 2.81% increase from the same quarter last year [4] Analyst Estimates - Recent changes to analyst estimates for Emerson Electric reflect shifting short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance and profit potential [5] - The Zacks Consensus EPS estimate has decreased by 0.19% over the last 30 days, and Emerson Electric currently holds a Zacks Rank of 3 (Hold) [7] Valuation Metrics - Emerson Electric has a Forward P/E ratio of 21.26, which is a discount compared to the industry's average Forward P/E of 22.96 [8] - The company has a PEG ratio of 2.12, slightly above the Manufacturing - Electronics industry's average PEG ratio of 2.09, indicating a consideration of expected earnings growth [9] Industry Context - The Manufacturing - Electronics industry is part of the Industrial Products sector, which has a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [9][10]