Emerson Electric (NYSE:EMR) Updates Q1 Earnings Guidance
by Scott Moore · The Cerbat GemEmerson Electric (NYSE:EMR – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $1.25-1.30 for the period, compared to the consensus EPS estimate of $1.28. Emerson Electric also updated its FY 2025 guidance to 5.850-6.050 EPS.
Emerson Electric Stock Up 0.3 %
Shares of EMR stock traded up $0.34 during mid-day trading on Friday, reaching $127.53. 326,424 shares of the company were exchanged, compared to its average volume of 2,721,241. The business’s 50 day simple moving average is $107.50 and its 200 day simple moving average is $109.05. The company has a market capitalization of $73.04 billion, a P/E ratio of 37.19, a P/E/G ratio of 1.68 and a beta of 1.30. Emerson Electric has a fifty-two week low of $85.00 and a fifty-two week high of $128.12. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.16.
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.01. The firm 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%. During the same quarter in the previous year, the firm earned $1.29 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Research analysts predict that Emerson Electric will post 5.48 earnings per share for the current year.
Emerson Electric Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 15th will be paid a dividend of $0.5275 per share. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Friday, November 15th. Emerson Electric’s dividend payout ratio is presently 61.70%.
Analyst Ratings Changes
Several research firms have commented on EMR. Barclays upped their target price on shares of Emerson Electric from $103.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Robert W. Baird increased their price target on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research note on Monday. StockNews.com upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. lowered shares of Emerson Electric from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $132.00 to $115.00 in a research report on Wednesday, August 14th. Finally, Royal Bank of Canada dropped their price target on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $127.65.
View Our Latest Stock Analysis on EMR
Emerson Electric Company Profile
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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