Bernstein slashes price target on Emerson Electric Co. [EMR] – find out why.


Emerson Electric Co [NYSE: EMR] The trading session closed at $75.53 on 09/22/22. Today’s price range saw the stock record a low of $75.50 and a high of $76.98. Company report on September 6, 2022 Emerson is unveiling a new “Go Boldly” slogan and global campaign to reflect the company’s evolving strategic direction.

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Emerson (NYSE: EMR), the leading global technology and software company, today announced a new “Go Boldly” slogan and a global advertising campaign that advances the evolution of a long-robust manufacturing hub. Building on the company’s cultural transformation and its role as a technology and software partner across core industries, “Go Boldly” highlights the ways Emerson is helping the world’s largest companies achieve sustainability goals and improve operations.

With new investments, including its recent transaction with AspenTech, Emerson is accelerating its value creation strategy while building on its software capabilities to deliver end-to-end technologies poised to transform industrial manufacturing and production. “Go Boldly” campaign stories show how Emerson is using this automation to help deliver cleaner energy, reduce energy emissions and enable real-time visibility of plant operations across key industries through advanced software.

The stock has an annual performance so far of -18.76 percent and a weekly performance of -6.20 percent. The stock has moved at -22.37 percent over the past six months. The stock has performed -12.91 percent in the last 30 days and changed by -2.91 percent over the last three months.

If compared to the average trading volume of 2.68 million shares, the EMR reached a volume of 2453670 on the last trading day, which is why market watchers consider the stock to be active.

Here’s what leading stock market gurus are saying about Emerson Electric Co. [EMR]:

Based on accurate and fact-backed analyzes by Wall Street experts, the current consensus on the EMR stock price target is $102.36 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on EMR stock is a set recommendation at 2.20. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.

Bernstein made an appreciation for Emerson Electric shares, holding their opinion of the stock as Mkt Perform, with their previous recommendation of August 17, 2022. While these analysts held the previous recommendation, JP Morgan raised its target price to Neutral. The new note about price target was released on July 07, 2022, which is the official target price for Emerson Electric Co. Previously, the target price had another boost to $110, while Oppenheimer analysts maintained Outperform’s rating on EMR stock.

Emerson Electric’s Average True Range (ATR) is set at 1.97, with a price-to-sales ratio for EMR stock in the past twelve months at 2.39. The price-to-book ratio for the last quarter was 4.34, with the price-to-cash ratio for the stock in the same quarter set at 4.15. The price-to-free cash flow EMR records for the past 12 months are at 59.33 with a Q4 quick ratio of 0.80.

EMR . stock trading performance evaluation

Emerson Electric Co [EMR] It fell into the red at the end of last week, fell in a negative direction and fell by -6.20. With this latest performance, EMR shares are down -12.91% over the past four-week period, as well as -22.37% over the past six months — not to mention a -20.91% drop in the last year of trading.

Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current stock EMR RSI for the past two weeks was set at 29.62, with the RSI for the last one trading at 24.54, and the three-week RSI set at 33.83 for Emerson Electric Co. [EMR]. The current moving average of the last 50 trading days for this stock is 84.68 while it recorded at 77.58 for the last trading week, and 89.32 for the last 200 days.

Emerson Electric Co [EMR]: Insight into the basic fundamentals

Operating margin for any stock indicates how profitable the investment is, Emerson Electric Co. [EMR] The equity’s current operating margin is +16.67 and the gross margin is +39.59. Emerson Electric Co.’s net margin is currently at +12.63.

The return on total capital at EMR is now 18.09, given recent momentum, and the company’s return on invested capital is 14.77. Return on equity increased to 25.19 with return on assets remaining at 9.68. When it comes to this company’s capital structure, Emerson Electric Co. [EMR] It has a total debt to total equity ratio set at 73.19. In addition, total EMR debt to total capital was recorded at 42.26, with total debt to total assets ending at 29.27. Long-term debt to equity of the company is recorded at 62.79, and long-term debt to total capital is now at 36.26.

Reflecting on the efficiency of the company’s workforce, Emerson Electric Co. [EMR] I managed to make an average of $26,563 per employee. Accounts receivable turnover is 5.40 with total asset turnover recorded at 0.77, Emerson Electric Co.’s liquidity data is also interesting, with a quick ratio of 0.80 and a current ratio set at 1.10.

Earnings per share (EPS) analysis for Emerson Electric Co. [EMR] stock

The company’s progress can be seen through the prism of the EPS growth rate, while Wall Street analysts focus on forecasting the 5-year EPS growth rate in EMR. When it comes to the stated value, analysts expect Emerson Electric Co.’s 5-year EPS growth rate to rise to 11.11%.

Emerson Electric Co [EMR]Insiders’ ownership positions

There are currently approximately $33,144 million, or 76.50% of EMR’s equity, in the hands of institutional investors. The three largest EMR owners are: VANGUARD GROUP INC with 54,473,695 ownership, which is approximately -3.004% of the company’s market capitalization and approximately 0.75% of the total institutional ownership; BLACKROCK INC. , owns 3,8665,233 shares of stock with an approximate value of $2.92 billion in EMR stock; and STATE STREET CORP, which currently holds $1.92 billion in EMR stock with ownership of approximately -5.971% of the company’s market capitalization.

Positions in Emerson Electric Co. stock held by institutional investors increased at the end of August and at the time of the August report, as 738 institutional owners consolidated their positions in Emerson Electric Co. [NYSE:EMR] About 23,946.701 shares. In addition, the number of 927 investors decreased by 51,603,842 shares, while 301 investors held positions with 363,265,198 shares. The said changes put institutional holdings at 438,815,741 shares, according to the latest report from the Securities and Exchange Commission. EMR had 103 new institutional investments for a total of 3,812,639 shares, while 207 institutional investors sold deals totaling 8,223,297 shares during the same period.

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