Emerson Electric Companys in-depth stock price analysis indicates that the stock price has rallied 16.72% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.74% . Looking at the past 52 week period, the stock price is up at 37.46% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Emerson Electric Company has a positive value of 2.52 compared to overall market. Emerson Electric Company (NYSE:EMR) has climbed 6.25% in the past week and advanced 10.75% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.39% and the outperformance has advanced to 8.77% for the last 4 weeks period.
Emerson Electric Company (NYSE:EMR) : On Friday heightened volatility was witnessed in Emerson Electric Company (NYSE:EMR) which led to swings in the share price. The stock opened for trading at $62.69 and hit $63.4 on the upside , eventually ending the session at $63.26, with a gain of 0.88% or 0.55 points. The heightened volatility saw the trading volume jump to 4,619,032 shares. The 52-week high of the share price is $63.5 and the company has a market cap of $40,807 million. The 52-week low of the share price is at $44.7 .
Emerson Electric Co. Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.43. The company had revenue of $3216.00 million for the quarter, compared to analysts expectations of $3148.40 million. The companys revenue was down -3.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.56 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by UBS on Feb 8, 2017 to Neutral, Raises Price Target to $ 64 from a previous price target of $51 .Emerson Electric Co. was Upgraded by Goldman to Neutral on Jan 27, 2017. Emerson Electric Co. was Upgraded by BofA/Merrill to Neutral on Jan 9, 2017. Emerson Electric Co. was Upgraded by Buckingham Research to Neutral on Dec 13, 2016.
Company has reported several Insider transactions to the SEC, on Aug 10, 2015, Arthur F Golden (director) purchased 4,000 shares at 49.40 per share price.
Emerson is engaged principally in the worldwide design, manufacture and sale of a broad range of electrical, electromechanical and electronic products and systems. The divisions of the company are organized into the following business segments based on the nature of the products and services provided: Process Control; Industrial Automation; Electronics and Telecommunications; Heating, Ventilating and Air Conditioning; and Appliance and Tools.