Wall Street analysts expect Emerson Electric Co. (NYSE:EMR) to report earnings per share of $0.84 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Emerson Electric’s earnings. The highest EPS estimate is $0.85 and the lowest is $0.83. Emerson Electric reported earnings of $0.76 per share in the same quarter last year, which indicates a positive year over year growth rate of 10.5%. The business is scheduled to issue its next earnings results on Tuesday, May 7th.

On average, analysts expect that Emerson Electric will report full year earnings of $3.70 per share for the current year, with EPS estimates ranging from $3.65 to $3.75. For the next financial year, analysts anticipate that the business will report earnings of $4.11 per share, with EPS estimates ranging from $4.00 to $4.30. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Emerson Electric.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, February 5th. The industrial products company reported $0.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.08. The firm had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.21 billion. Emerson Electric had a return on equity of 24.21% and a net margin of 12.83%. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 EPS.

A number of brokerages have recently issued reports on EMR. ValuEngine cut Emerson Electric from a “buy” rating to a “hold” rating in a research note on Wednesday, December 12th. Robert W. Baird set a $70.00 price objective on Emerson Electric and gave the stock a “hold” rating in a research note on Monday, December 17th. Stephens began coverage on Emerson Electric in a research note on Monday, November 19th. They set an “overweight” rating and a $80.00 price objective on the stock. Berenberg Bank set a $67.00 price objective on Emerson Electric and gave the stock a “hold” rating in a research note on Monday, November 19th. Finally, Zacks Investment Research upgraded Emerson Electric from a “sell” rating to a “hold” rating in a research note on Tuesday, January 8th. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $76.28.

NYSE EMR traded down $0.44 during trading on Friday, hitting $67.48. The stock had a trading volume of 137,409 shares, compared to its average volume of 2,852,411. The stock has a market capitalization of $41.38 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 2.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.62 and a current ratio of 0.88. Emerson Electric has a 12 month low of $55.38 and a 12 month high of $79.70.

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Friday, February 15th were paid a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend was Thursday, February 14th. Emerson Electric’s dividend payout ratio is currently 57.99%.

Several hedge funds have recently bought and sold shares of EMR. Moody National Bank Trust Division acquired a new position in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Csenge Advisory Group acquired a new position in shares of Emerson Electric during the 3rd quarter worth approximately $28,000. Massey Quick Simon & CO. LLC acquired a new position in shares of Emerson Electric during the 4th quarter worth approximately $30,000. Norway Savings Bank increased its holdings in shares of Emerson Electric by 60.1% during the 4th quarter. Norway Savings Bank now owns 533 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 200 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Emerson Electric during the 4th quarter worth approximately $36,000. 71.54% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Company Profile

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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