Emerson Electric Co. (NYSE: EMR) has reported E.P.S. of $1.22 for its fourth fiscal quarter (ending September 30) versus $1.25 for the same period a year ago — a decline of -2%. This performance was $-0.09 short of the consensus estimate of $1.31. For the latest four quarters through September 30, E.P.S. were $3.72 compared to $5.44 a year ago — a decline of -32%.
Recent Price Action
Emerson Electric Co. (NYSE: EMR) stock closed at $84.94 on 11/7/23 after a very large decline of -7.4%. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.0% during the last week.
Current PriceTarget Research Rating
EMR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Emerson Electric Co has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Emerson Electric Co has a poor Appreciation Score of 23 but a very high Power Rating of 89, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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