From Nasdaq: 2024-04-26 18:15:13

In the latest trading session, Emerson Electric closed at $109.89, a +0.26% change from the previous day, lagging behind the S&P 500 and Nasdaq. Shares have dropped by 3.37% in the past month. The company is set to report earnings on May 8, with estimated EPS of $1.26 and revenue of $4.29 billion, reflecting positive growth trends.

Analysts have revised estimates for Emerson Electric, signaling confidence in the company’s performance. With a Zacks Rank of #3 (Hold), the stock has a Forward P/E ratio of 20.29 and a PEG ratio of 1.9, below the industry average. The Manufacturing – Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 152.

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Read more at Nasdaq: Emerson Electric (EMR) Ascends But Remains Behind Market: Some Facts to Note