Emerson Electric Co. (NYSE:EMR) – Oppenheimer reduced their Q1 2020 EPS estimates for Emerson Electric in a note issued to investors on Tuesday, November 5th. Oppenheimer analyst C. Glynn now anticipates that the industrial products company will post earnings of $0.67 per share for the quarter, down from their previous estimate of $0.69. Oppenheimer also issued estimates for Emerson Electric’s Q2 2020 earnings at $0.84 EPS, Q3 2020 earnings at $0.95 EPS, Q4 2020 earnings at $1.14 EPS, FY2020 earnings at $3.60 EPS and FY2021 earnings at $3.95 EPS.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.07 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.07. The firm had revenue of $4.97 billion for the quarter, compared to analyst estimates of $5.02 billion. Emerson Electric had a net margin of 12.55% and a return on equity of 26.32%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.89 EPS.

Several other research firms have also commented on EMR. Barclays reduced their price target on shares of Emerson Electric from $65.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Monday, September 30th. Cfra lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Wednesday. Stephens set a $71.00 price target on shares of Emerson Electric and gave the company a “buy” rating in a research report on Monday, September 30th. Finally, Deutsche Bank reduced their price target on shares of Emerson Electric from $74.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $73.86.

Shares of EMR stock traded up $0.09 during trading on Friday, hitting $73.88. 2,206,288 shares of the stock traded hands, compared to its average volume of 3,242,199. The firm has a market capitalization of $45.39 billion, a P/E ratio of 20.02, a price-to-earnings-growth ratio of 2.52 and a beta of 1.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.19 and a quick ratio of 0.85. The firm’s fifty day moving average price is $67.96 and its 200-day moving average price is $64.99. Emerson Electric has a 52-week low of $55.38 and a 52-week high of $75.54.

A number of institutional investors have recently bought and sold shares of the stock. Gradient Investments LLC raised its holdings in shares of Emerson Electric by 164.4% in the third quarter. Gradient Investments LLC now owns 386 shares of the industrial products company’s stock valued at $26,000 after buying an additional 240 shares during the last quarter. Ellevest Inc. grew its stake in shares of Emerson Electric by 110.0% during the 2nd quarter. Ellevest Inc. now owns 420 shares of the industrial products company’s stock valued at $28,000 after buying an additional 220 shares during the period. Larson Financial Group LLC grew its stake in shares of Emerson Electric by 80.3% during the 2nd quarter. Larson Financial Group LLC now owns 440 shares of the industrial products company’s stock valued at $29,000 after buying an additional 196 shares during the period. Garrett Wealth Advisory Group LLC purchased a new stake in shares of Emerson Electric during the 3rd quarter valued at $31,000. Finally, Massey Quick Simon & CO. LLC grew its stake in shares of Emerson Electric by 1,823.1% during the 3rd quarter. Massey Quick Simon & CO. LLC now owns 500 shares of the industrial products company’s stock valued at $33,000 after buying an additional 474 shares during the period. Hedge funds and other institutional investors own 70.32% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 15th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.71%. Emerson Electric’s dividend payout ratio (DPR) is presently 53.12%.

Emerson Electric Company Profile

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company's Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.

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Earnings History and Estimates for Emerson Electric (NYSE:EMR)

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