Press coverage about Emerson Electric (NYSE:EMR) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Emerson Electric earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.4257972527482 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Emerson to Make Available Materials from the Company’s Presentation at Electrical Products Group Conference (finance.yahoo.com)
- Free Post Earnings Research Report: Emerson Electric Company’s Quarterly Earnings Advanced 31.03%; Surpassed Expectations (finance.yahoo.com)
- Was Rockwell Automation Right to Reject Emerson Electric? (finance.yahoo.com)
- Analysts Anticipate Emerson Electric (EMR) Will Announce Quarterly Sales of $4.48 Billion (americanbankingnews.com)
- Emerson Electric (EMR) Reports Agreement to Acquire Aventics from Triton for Approx $621.5M (streetinsider.com)
Emerson Electric stock traded down $0.76 during mid-day trading on Friday, reaching $72.49. The company’s stock had a trading volume of 2,852,110 shares, compared to its average volume of 3,453,381. The company has a market cap of $46.00 billion, a P/E ratio of 27.46, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19. Emerson Electric has a 12 month low of $57.39 and a 12 month high of $74.45. The company has a current ratio of 1.30, a quick ratio of 0.98 and a debt-to-equity ratio of 0.39.
Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, May 1st. The industrial products company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.22 billion. Emerson Electric had a net margin of 10.83% and a return on equity of 21.69%. The firm’s revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.45 earnings per share. equities research analysts forecast that Emerson Electric will post 3.18 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 11th. Investors of record on Friday, May 11th will be given a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Thursday, May 10th. Emerson Electric’s dividend payout ratio (DPR) is currently 73.48%.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a research report on Monday, May 7th. Stifel Nicolaus increased their price objective on shares of Emerson Electric from $79.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, May 3rd. Citigroup lowered their price objective on shares of Emerson Electric from $68.00 to $67.00 and set a “sell” rating for the company in a research report on Wednesday, May 2nd. Berenberg Bank raised shares of Emerson Electric from a “sell” rating to a “hold” rating and set a $69.00 price objective for the company in a research report on Tuesday, April 24th. They noted that the move was a valuation call. Finally, Cowen reissued a “buy” rating and set a $78.00 price objective on shares of Emerson Electric in a research report on Wednesday, April 18th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $73.00.
About Emerson Electric
Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and residential markets worldwide. The company's Automation Solutions segment offers software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; process control systems and solutions; and digital plant solutions.
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