Analyst Expects Emerson Electric Co. (NYSE: EMR) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Emerson Earns 2024 ENERGY STAR® Partner of the Year Award for Energy Management.

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Stocks Info

As a NYSE listed company, EMR falls under the Industrials sector while operating within the Specialty Industrial Machinery industry segment. At the end of the last regular session, the stock closed at $113.27 and fluctuated between $113.57 as its day high and $112.29 as its day low. The current market capitalization of Emerson Electric Co. is $64.76B. A total of 1.95 million shares were traded on the day, compared to an average of 2.81M shares.

In the most recent transaction, Piazza Nicholas J. sold 2,200 shares of EMR for 108.50 per share on Mar 04 ’24. After the transaction, the Senior VP & CPO now owns 22,754 company shares. In a previous transaction on Feb 15 ’24, LEVATICH MATTHEW S sold 1,933 shares at 105.58 per share. EMR shares that Director owns now total 24,965.

Among the insiders who sold shares, Karsanbhai Surendralal Lanca disposed of 2,344 shares on Feb 14 ’24 at a per-share price of $106.02. This resulted in the President & CEO holding 138,750 shares of EMR after the transaction. In another insider transaction, BLINN MARK A sold 2,413 shares at $103.18 per share on Feb 09 ’24. Company shares held by the Director now total 9,591.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Emerson Electric Co. pays an annual dividend of $2.09, resulting in a dividend yield of 1.85%, and it has a price to earnings (P/E) ratio of 157.06. EMR’s most recent ex-dividend date was 2/15/2024 when it declared a $0.5250 quarterly dividend that was paid in cash on 3/11/2024. Previously, the company paid the dividend on 12/11/2023 with an ex-dividend date of 11/16/2023. The EMR stock dividend was $0.5250 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, EMR has a high of $114.11 and a low of $76.94.

As of this writing, EMR has an earnings estimate of $1.25 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $1.29 per share and a lower estimate of $1.24. The company reported an EPS of $1.29 in the last quarter, which was -1.50% lower than expectations of $1.31.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. EMR’s latest balance sheet shows that the firm has $2.35B in Cash & Short Term Investments as of fiscal 2021. There were $7.08B in debt and $6.25B in liabilities at the time. Its Book Value Per Share was $36.16, while its Total Shareholder’s Equity was $9.92B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EMR is Buy with a score of 4.55.

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