Company Performance - Emerson Electric (EMR) closed at 5.94 per share and revenue at 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]
Emerson Electric (EMR) Rises As Market Takes a Dip: Key Facts