Emerson Electric (NYSE:EMR – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $5.85-6.05 for the period, compared to the consensus estimate of $5.91. The company issued revenue guidance of ~$18.10-18.45 billion, compared to the consensus revenue estimate of $18.23 billion. Emerson Electric also updated its FY 2025 guidance to 5.850-6.050 EPS.
Emerson Electric Trading Up 7.8 %
EMR stock traded up $9.19 during mid-day trading on Wednesday, hitting $126.86. 7,064,736 shares of the company were exchanged, compared to its average volume of 2,728,374. The company has a quick ratio of 0.86, a current ratio of 1.16 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $72.65 billion, a P/E ratio of 42.57, a PEG ratio of 1.66 and a beta of 1.30. The business has a fifty day simple moving average of $107.50 and a 200-day simple moving average of $109.05. Emerson Electric has a 12-month low of $83.10 and a 12-month high of $127.74.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.01. The company had revenue of $4.38 billion during the quarter, compared to analyst estimates of $4.44 billion. Emerson Electric had a net margin of 10.12% and a return on equity of 11.41%. Emerson Electric’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 earnings per share. On average, equities research analysts predict that Emerson Electric will post 5.48 earnings per share for the current fiscal year.
Emerson Electric Increases Dividend
Wall Street Analyst Weigh In
Several research firms have recently commented on EMR. Morgan Stanley began coverage on shares of Emerson Electric in a research note on Friday, September 6th. They issued an “underweight” rating and a $105.00 price objective for the company. Royal Bank of Canada lowered their price objective on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a research note on Wednesday. StockNews.com raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. cut shares of Emerson Electric from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $132.00 to $115.00 in a report on Wednesday, August 14th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $127.65.
Read Our Latest Research Report on Emerson Electric
About Emerson Electric
Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.
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