News stories about Emerson Electric (NYSE:EMR) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Emerson Electric earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.2435869853609 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Emerson's New Transmitter Simplifies Maintenance & Operation (finance.yahoo.com)
- Emerson Electric Co. (NYSE:EMR) – Is The Stock Undervalued? – Nasdaq Journal (nasdaqjournal.com)
- Emerson’s Magnetic Flow Meter Launch to Boost Portfolio – Nasdaq … – Nasdaq (nasdaq.com)
- Stock Traders Buy High Volume of Emerson Electric Put Options (EMR) (americanbankingnews.com)
- Emerson's Magnetic Flow Meter Launch to Boost Portfolio (finance.yahoo.com)
A number of brokerages have commented on EMR. JMP Securities lowered shares of Emerson Electric from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $74.45 to $56.77 in a report on Thursday, February 1st. Robert W. Baird raised their target price on shares of Emerson Electric from $70.00 to $76.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $73.00 target price (up previously from $65.00) on shares of Emerson Electric in a research note on Thursday, January 18th. Zacks Investment Research raised shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a research note on Thursday, February 8th. Finally, Barclays assumed coverage on shares of Emerson Electric in a research note on Thursday, February 15th. They issued an “overweight” rating and a $80.00 target price on the stock. Three analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $70.72.
Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.04. Emerson Electric had a net margin of 10.09% and a return on equity of 20.73%. The business had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same quarter last year, the firm earned $0.49 EPS. Emerson Electric’s quarterly revenue was up 18.7% compared to the same quarter last year. equities research analysts expect that Emerson Electric will post 3.11 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Friday, February 16th were paid a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 2.74%. The ex-dividend date was Thursday, February 15th. Emerson Electric’s payout ratio is 76.38%.
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About Emerson Electric
Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.
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