Emerson Electric Co. (EMR): EMR moving down?

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Emerson Electric Co. (NYSE:EMR) changes shares on Tuesday trading session, with a change of -1.34% or -$0.84 shares. The trading starts at $62.785 and closed at $62.77 throughout the day. The trading session low price was $61.4088 and day high was $63.62 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 3.5 million while its average volume is 3.13M. In other hand, the EMR market cap reached to $37.38B. While, its current target price is $63.56.

On March 4, 2020, Emerson CEO sees China coronavirus situation stabilizing. According to the news reported on Reuters, Emerson Electric Co. said it expects sales at its vast China operations to take a painful hit in the first quarter as a result of the coronavirus, but that about half of that lost business will be made up later in the year as China scrambles to stimulate its economy, which…

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.55% and down -0.93% for month. Its quarterly performance was 13.22% above, while its half year performance is down -15.44%. EMR yearly performance stood at positive 4.17% and fall -18.79% for year-to-date. Current recommendation for Emerson Electric Co. is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EMR EPS (TTM) for 12-month is 3.68. EPS for this year is 17.20%, while for the next year its value is 3.19. Sales growth for the current quarter is 18.64 while its EPS Q/Q reached 0.60%. It has an EPS of 3.50% up for past five years and for the next five years will be up 0.90%.

Let’s take a look on the analyst recommendations on EMR for the current month and previous month. For the current month, 5 of 20 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 15 as Hold. As compared with the previous month ratings, 19 analysts participate in stock recommendation. Out of 19, 0 rated it sell, 5 rated it as Buy and 14 as Hold Ratings. On the other hand, target price ranges from $59.00 – $75.00. Average target price for EMR was reached at $66.59.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in Emerson Electric Co. (EMR) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 49.08 million shares which valued 2.34 billion. On Mar 30, 2020, Blackrock Inc. owned 47.07 million shares which valued at 2.24 billion. On Mar 30, 2020, State Street Corporation has a total of 27.9 million shares which valued at 1.33 billion. In the end, State Street Corporation have 4.67% shares outstanding of Emerson Electric Co. (EMR) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 74.50%.

The company posted an EPS (TTM) of 3.68. According to the most recent quarter report on (Sep 2020), 20 analysts estimated an average EPS of 0.88, while 1.16 EPS posted a year ago period. Analyst Estimated EPS for EMR published in the report was $0.73 – $0.99 during the same period. Comparing with last year, the average estimated EPS was 1.16 which is higher than 0.8 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EMR fall -4.16% for period of 200 days. SMA for 50 days was -0.45% which is showing red signal, while SMA-20 was -0.81%. The moving average value for Emerson Electric Co. (EMR) is 60.07 and 62.06 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in EMR stock. On Jun 23, Button Bell Katherine, Sr. VP & Chief Marketing Off., sold 687 trading shares at the cost of $62.27, which valued at 42780.0. On Jun 08, Pelch Steven J., COO & Exec VP Org Plan & Dev, sold 5,061 shares at the cost of $68.67, with total shares of 135,967. On Mar 10, GOLDEN ARTHUR F, Director, bought 5,000 shares at the cost of 51.47. After this transaction, GOLDEN ARTHUR F total shares reached to 81,898 which valued at 0.26 million.