Emerson Electric Co. (NYSE:EMR) has a beta value of 1.36 and has seen 3.96 million shares traded in the last trading session. The company, currently valued at $61.62B, closed the last trade at $107.78 per share which meant it lost -$1.98 on the day or -1.80% during that session. The EMR stock price is -6.94% off its 52-week high price of $115.26 and 28.61% above the 52-week low of $76.94. The 3-month trading volume is 2.68 million shares.
Emerson Electric Co. (NYSE:EMR) trade information
Sporting -1.80% in the red in last session, the stock has traded in the red over the last five days, when the EMR stock price touched $107.78 or saw a rise of 2.69%. Year-to-date, Emerson Electric Co. shares have moved 10.74%, while the 5-day performance has seen it change -1.81%. Over the past 30 days, the shares of Emerson Electric Co. (NYSE:EMR) have changed -5.07%.
Emerson Electric Co. (EMR) estimates and forecasts
Figures show that Emerson Electric Co. shares have outperformed across the wider relevant industry. The company’s shares have gained 22.44% over the past 6 months, with this year growth rate of 21.62%, compared to 19.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 14.70% and 11.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 16.00%.
17 analysts offering their estimates for the company have set an average revenue estimate of $4.29 billion for the current quarter. 17 have an estimated revenue figure of $4.5 billion for the next quarter concluding in Jun 2024.
Earnings growth for 2024 is a modest 21.43% while over the next 5 years, the company’s earnings are expected to increase by 12.37%.
EMR Dividends
Emerson Electric Co. is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.09 at a share yield of 1.94%. The company’s dividend yield has gone up over the past 12 months.
