Let’s start up with the current stock price of Emerson Electric Co. (EMR), which is $89.00 to be very precise. The Stock rose vividly during the last session to $89.90 after opening rate of $88.24 while the lowest price it went was recorded $88.07 before closing at $87.35.Recently in News on January 23, 2023, Emerson Provides an Update on All-Cash Proposal to Acquire National Instruments. Emerson (NYSE: EMR) today issued the following statement regarding its all-cash proposal to acquire National Instruments (“NI”) (NASDAQ: NATI) for $53 per share. You can read further details here
Emerson Electric Co. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $99.65 on 01/09/23, with the lowest value was $86.62 for the same time period, recorded on 01/20/23.
Emerson Electric Co. (EMR) full year performance was -4.97%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Emerson Electric Co. shares are logging -11.00% during the 52-week period from high price, and 22.92% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $72.40 and $100.00.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 5338759 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Emerson Electric Co. (EMR) recorded performance in the market was -7.35%, having the revenues showcasing 11.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 52.36B, as it employees total of 85500 workers.
The Analysts eye on Emerson Electric Co. (EMR)
During the last month, 11 analysts gave the Emerson Electric Co. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 88.03, with a change in the price was noted +4.18. In a similar fashion, Emerson Electric Co. posted a movement of +4.93% for the period of last 100 days, recording 3,431,071 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for EMR is recording 1.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.80.
Technical rundown of Emerson Electric Co. (EMR)
Raw Stochastic average of Emerson Electric Co. in the period of last 50 days is set at 18.26%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 18.26%. In the last 20 days, the company’s Stochastic %K was 8.14% and its Stochastic %D was recorded 4.62%.
Considering, the past performance of Emerson Electric Co., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -7.35%. Additionally, trading for the stock in the period of the last six months notably improved by 7.10%, alongside a downfall of -4.97% for the period of the last 12 months. The shares increased approximately by -9.11% in the 7-day charts and went down by -6.36% in the period of the last 30 days. Common stock shares were driven by 11.04% during last recorded quarter.