Emerson Electric (EMR) to Release Earnings on Tuesday
Emerson Electric (NYSE:EMR) will post its quarterly earnings results before the market opens on Tuesday, August 4th. Analysts expect Emerson Electric to post earnings of $0.59 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Shares of NYSE:EMR opened at $62.01 on Friday. The company has a market capitalization of $37.05 billion, a price-to-earnings ratio of 17.72, a price-to-earnings-growth ratio of 3.25 and a beta of 1.50. Emerson Electric has a 52 week low of $37.75 and a 52 week high of $78.38. The company has a quick ratio of 0.75, a current ratio of 1.01 and a debt-to-equity ratio of 0.52. The firm has a 50 day moving average of $61.89 and a 200 day moving average of $60.95.
A number of equities analysts recently commented on the stock. TheStreet raised shares of Emerson Electric from a “c+” rating to a “b-” rating in a research note on Wednesday, June 17th. UBS Group lifted their price target on shares of Emerson Electric from $47.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Deutsche Bank lowered shares of Emerson Electric from a “buy” rating to a “hold” rating and lifted their price target for the stock from $64.00 to $66.00 in a report on Tuesday, July 14th. Zacks Investment Research raised shares of Emerson Electric from a “sell” rating to a “hold” rating and set a $60.00 price target on the stock in a report on Tuesday, May 19th. Finally, Argus raised shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the stock. Emerson Electric presently has a consensus rating of “Hold” and a consensus target price of $64.93.
About Emerson Electric
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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