Mar 04 2017
During the same period a year ago, the company earned $0.52 earnings per share.
Emerson Electric Co. on 02/07/2017 reported its EPS as $0.56 with the analysts projecting the EPS of the stock as $0.42. Going forward, the company's aggressive restructuring actions and strategic divestures are expected to boost margins. The legal version of this report can be accessed at https://www.com-unik.info/2017/03/02/radnor-capital-management-llc-takes-position-in-general-electric-company-ge.html. "Also, currency fluctuations, stiff competition and escalating restructuring charges also pose as concerns". Three equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company's stock. At the time of writing, the First Call consensus price target for the company is $34.00.
General Electric Company (NYSE:GE) is partnering with AT&T to sell internet-connected sensors to cities in the USA and Mexico. Vanguard Group Inc. now owns 575,093,558 shares of the company's stock worth $18,103,945,000 after buying an additional 3,276,096 shares during the period. Barclays PLC set a $36.00 target price on shares of General Electric Company and gave the stock a "buy" rating in a research note on Thursday, December 15th. Bank of America Corp upgraded shares of Emerson Electric Company from an underperform rating to a neutral rating and increased their price target for the company from $45.00 to $60.00 in a research report on Monday, January 9th.
When we look at the Analyst Recommendations of the stock, the company has 1.3 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. ROIC is a commonly used financial metric that measures how efficient a company is with earning cash flow through invested capital.
Investors searching for value in the stock market may be checking on the Magic Formula Rank or MF Rank for Portland General Electric Company (NYSE:POR). The stock remained 1.33% volatile for the week and 1.49% for the month. The company rocked its 52-Week High of $64.36 on Feb 14, 2017 and touched its 52-Week Low of $48.45 on Jun 27, 2016. The stock has a market cap of 2.43 Billion.
Emerson Electric Co. (EMR) closed 12.12% above its 200-day moving average and is 2.69% above another chart threshold, its 50-day moving average. (NYSE:EMR) rose 1.30% to $60.88.
While looking at the Stock's Performance, General Motors Company now shows a Weekly Performance of 1.37%, where Monthly Performance is 3.14%, Quarterly performance is 10.41%, 6 Months performance is 21.97% and yearly performance percentage is 31.37%. Empire District Electric Company (The) had a return on equity of 8.13% and a net margin of 10.78%. The company beat the analyst EPS Estimate with the difference of $0.14. The third largest holder is Blackrock Institutional Trust Company, N.A., which now holds $1.03 billion worth of this stock and that ownership represents almost 2.65% of its market capitalization.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Friday, February 17th will be given a dividend of $0.48 per share. The ex-dividend date was Tuesday, November 29th.
The company's current P/E Ratio is 6.39.
In other news, VP Steven J. Pelch sold 7,839 shares of the stock in a transaction that occurred on Friday, February 10th.
In the transaction dated February 09, 2017, the great number of shares disposed came courtesy the Senior Exec. VP and CFO; DELLAQUILA FRANK J disposed a total of 14,552 shares at an average price of $62.54, amounting to approximately $910,082. After this sale, 169,697 common shares of EMR are directly owned by the insider, with total stake valued at $10,234,426.
Want to see what other hedge funds are holding EMR? Its share price has risen 25.21% in three months and is up 1.78% for the last five trades. Vanguard Group Inc. raised its position in Empire District Electric Company (The) by 3.5% in the second quarter. The stock is up 53.36% in this year through last close, and the beta ratio has a value of 0.72.
Emerson Electric Co.'s short ratio is at 2.39 and the float short is at 1.43%. The firm owned 81,276 shares of the company's stock after buying an additional 1,708 shares during the period. Mitsubishi UFJ Trust & Banking Corp now owns 19,678,692 shares of the company's stock valued at $582,883,000 after buying an additional 293,566 shares during the last quarter.
Mar 02 2017
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