Media coverage about Emerson Electric (NYSE:EMR) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Emerson Electric earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.2435869853609 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Emerson Electric Co. (EMR) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Today Analysts Focus on: Vodafone Group Plc, (NASDAQ: VOD), Emerson Electric Co., (NYSE: EMR); – TNN (tradingnewsnow.com)
- Drawing Stocks: JetBlue Airways Corporation, (NASDAQ: JBLU), Emerson Electric Co., (NYSE: EMR); – TNN (tradingnewsnow.com)
- News Bell: Juniper Networks, Inc. (NYSE:JNPR), Emerson Electric Co. (NYSE:EMR) – The Oracle Examiner (oracleexaminer.com)
- Stock’s Technical Levels under Review – Emerson Electric Co., (NYSE: EMR) – Stock Watch (stocksnewstimes.com)
EMR has been the topic of a number of recent analyst reports. Cowen upgraded shares of Emerson Electric from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, November 28th. Citigroup set a $61.00 price objective on shares of Emerson Electric and gave the company a “sell” rating in a research note on Tuesday, November 28th. JPMorgan Chase & Co. assumed coverage on shares of Emerson Electric in a research note on Wednesday, November 29th. They issued a “neutral” rating for the company. Goldman Sachs reiterated a “neutral” rating and issued a $66.00 price objective on shares of Emerson Electric in a research note on Friday, December 8th. Finally, Stifel Nicolaus restated a “buy” rating and set a $75.00 price target on shares of Emerson Electric in a research note on Monday, December 11th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. Emerson Electric currently has an average rating of “Hold” and a consensus target price of $70.72.
Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.04. Emerson Electric had a return on equity of 20.73% and a net margin of 10.09%. The firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.72 billion. During the same period in the prior year, the business posted $0.49 earnings per share. The company’s revenue was up 18.7% on a year-over-year basis. equities research analysts expect that Emerson Electric will post 3.11 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Friday, February 16th were given a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend was Thursday, February 15th. Emerson Electric’s dividend payout ratio (DPR) is 78.23%.
Emerson Electric Company Profile
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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