News headlines about Emerson Electric (NYSE:EMR) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Emerson Electric earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.8007736017693 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s rankings:
- Critical Survey: GrafTech International (GTI) & Emerson Electric (EMR) (americanbankingnews.com)
- Emerson CEO on Wages, Manufacturing and Immigration (finance.yahoo.com)
- Emerson Electric (EMR) Coverage Initiated by Analysts at Barclays (americanbankingnews.com)
- Where to Shop in a Rallying Industrial Sector (Hint: Not GE) (finance.yahoo.com)
- Emerson Electric Co. (EMR) Stock Charming Facts on Risk Level With Growth Factors For This Year – Wallstreet Investorplace (wallstreetinvestorplace.com)
Several analysts recently commented on EMR shares. Cowen restated a “buy” rating and set a $72.00 price target on shares of Emerson Electric in a report on Wednesday, December 6th. Stifel Nicolaus restated a “buy” rating and set a $72.00 price target (up from $68.00) on shares of Emerson Electric in a report on Thursday, November 9th. Vertical Research upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Tuesday, January 2nd. UBS Group started coverage on shares of Emerson Electric in a report on Monday, January 22nd. They set a “buy” rating and a $73.26 price target for the company. Finally, Zacks Investment Research upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a report on Thursday, February 8th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. Emerson Electric presently has an average rating of “Hold” and an average price target of $69.67.
Shares of Emerson Electric (NYSE EMR) traded up $1.49 on Friday, reaching $72.99. 4,726,317 shares of the company traded hands, compared to its average volume of 3,800,000. The company has a market capitalization of $46,850.00, a price-to-earnings ratio of 28.07, a PEG ratio of 2.29 and a beta of 1.19. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.02 and a current ratio of 1.32. Emerson Electric has a 52-week low of $56.77 and a 52-week high of $74.45.
Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.04. The firm had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.72 billion. Emerson Electric had a net margin of 10.09% and a return on equity of 20.73%. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 earnings per share. research analysts expect that Emerson Electric will post 3.13 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 16th will be given a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Thursday, February 15th. Emerson Electric’s payout ratio is presently 74.62%.
In related news, VP Frank J. Dellaquila sold 2,100 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $64.77, for a total transaction of $136,017.00. Following the transaction, the vice president now owns 178,743 shares of the company’s stock, valued at $11,577,184.11. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Edgar M. Purvis, Jr. sold 9,490 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $65.74, for a total transaction of $623,872.60. Following the transaction, the chief operating officer now directly owns 168,984 shares in the company, valued at approximately $11,109,008.16. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 27,017 shares of company stock worth $1,771,129. Insiders own 0.79% of the company’s stock.
About Emerson Electric
Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.
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