Economy

(NYSE:EMR) Undervalued by 1.2%

Sasco Capital Inc sold 331,420 shares as the company's stock declined 4.02% while stock markets rallied. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.68. Finally, Brookstone Capital Management boosted its stake in shares of Emerson Electric by 7.9% during the 1st quarter. Insiders own 0.79% of the company's stock. About 1.93 million shares traded. Cowen and Company reissued a "hold" rating and issued a $62.00 price target on shares of Emerson Electric in a research report on Tuesday, May 2nd. It has outperformed by 21.54% the S&P500. About 586,165 shares traded. The fund owned 287,727 shares of the industrial products company's stock after selling 9,973 shares during the period. Institutional investors own 70.03% of the company's stock. The company has a market capitalization of $40.77 billion, a P/E ratio of 28.42 and a beta of 1.22. DSP Group, Inc. (NASDAQ:DSPG) has risen 26.15% since October 5, 2016 and is uptrending. It has outperformed by 9.82% the S&P500. Gwm Advisors LLC claims 22,296 shares with a value of $1,331,954,000. The company had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $3.99 billion.

After a recent check, shares of Emerson Electric Co. They expect $0.79 EPS, down 17.71% or $0.17 from last year's $0.96 per share. Emerson Electric Co. had 58 analyst reports since August 6, 2015 according to SRatingsIntel. (NYSE:EMR) sales have annually surged -9.70% on average, however its earnings per share growth remained at -5.50%.

Investors sentiment increased to 0.68 in Q2 2017. Its up 0.12, from 0.88 in 2017Q1. It increased, as 60 investors sold EMR shares while 407 reduced holdings. 129 funds opened positions while 634 raised stakes. (NYSE:EMR) for 1.85 million shares. If Expedia, Inc. (NASDAQ:EXPE) shares can stay above the price resistance around $148.43 a share, that could help propel Expedia, Inc. 41,373 were accumulated by Jacobs Ca. Asset Advisors Corporation stated it has 0.08% of its portfolio in Emerson Electric Co. Stifel Nicolaus reiterated a "buy" rating and issued a $68.00 price target on shares of Emerson Electric in a report on Wednesday, July 19th. (NYSE:EMR) for 378,541 shares. Citigroup maintained Emerson Electric Co. (NYSE:EMR). Moreover, Ameritas Prns has 0.08% invested in Emerson Electric Co. (NYSE:EMR) for 20,584 shares. 92,391 are owned by Dean Investment Associate Ltd Liability. White Pine Limited Liability Company holds 0.26% or 11,016 shares in its portfolio. (NYSE:EMR). Segall Bryant And Hamill Ltd Liability Corp has 0.08% invested in Emerson Electric Co.

Short traders are more bullish on Emerson Electric Company recently if you take into consideration the change in short interest.

Among 24 analysts covering Emerson Electric Co. At the moment, the average analyst rating for EMR is Hold. Therefore 90% are positive. UBS maintained the stock with "Neutral" rating in Thursday, August 4 report. The rating was maintained by Barclays Capital on Monday, July 18 with "Equalweight". The stock has "Neutral" rating by Goldman Sachs on Friday, January 27. The firm has "Buy" rating by Canaccord Genuity given on Friday, September 16. Tracking most recent quarter period, Price to book (P/B) ration is at 5.16 and Price to cash per share ration is at 13.04. RBC Capital Markets has "Hold" rating and $6200 target. More interesting news about NCR Corporation (NYSE:NCR) was released by: Businesswire.com and their article: "Speak Up: NCR Creates Banking Skill for Alexa" with publication date: October 03, 2017. With short interest at 9,737,608 and short average daily volume at 2,706,665, days to cover is 4.0 and the percentage of shorted shares was 0.02% on September 15. BCH's profit will be $227.81 million for 16.90 P/E if the $1.38 EPS becomes a reality. After $1.48 actual EPS reported by Banco de Chile (ADR) for the previous quarter, Wall Street now forecasts -6.76% negative EPS growth. Pictet Asset Management Ltd. now owns 2,460,762 shares of the industrial products company's stock worth $145,480,000 after buying an additional 1,684,786 shares during the last quarter. This ratio is internally not steady, since the market value of equity is divided by the total revenues of the firm. Finally, BidaskClub downgraded Emerson Electric from a "sell" rating to a "strong sell" rating in a research note on Friday, August 18th. Therefore 33% are positive. (NYSE:EMR) on Tuesday, August 1 with "Hold" rating. The rating was downgraded by J.P. Morgan to "Hold" on Wednesday, September 6. The firm has "Hold" rating given on Monday, June 5 by RBC Capital Markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


07 October 2017
Box Office Collection : Day 1 Chef Struggling to gain Audience
Meanwhile, Varun Dhawan's Judwaa 2 continued its impressive run, and crossed the coveted Rs 100 crore mark in one week of release. Saif Ali Khan starrer Chef has collected even less than Rs 1 crore net approx on its first day at the Box Office.

07 October 2017
Hrithik Roshan Responds To Allegations Of Proposing To Kangana Ranaut In Paris
The English channel even quoted that on November 30th 2014, Kangana wrote to Hrithik "Let me know if I can do anything for you". Kangana's sister Rangoli Chandel also addressed his remark on the picture of him and Kangana being photoshopped.

07 October 2017
Morgan Stanley Increases Stake in Apple INC (AAPL)
August 2 investment analysts at UBS maintained a company rating of "Buy" and moved up the price target to $180.00 from $127.00. On September 6 Nomura kept the stock rating at "Buy" and raised the price expectation to $185.00 from $175.00.

07 October 2017
Ivanka Could Run For President In 15 Years: Ivana Trump
In the book, Ivana writes glowingly about her marriage to Trump and her prominent role at the Trump Organization. "First Mother? That could work", she wrote, as reported by the Associated Press on Saturday.

07 October 2017
Attempt to defame Kerala, says Kanam
The statement of RSS chief Mohan Bhagwat that Kerala is supporting Jihadis is aimed at picturing Kerala as a worse state. Vijayan accused the BJP of attempting to demolish secularism with the backing of the Union government.

07 October 2017
Found no offences requiring NIA probe: Kerala tells SC on Hadiya case
It must be noted that earlier, the Kerala government had said that if the apex court wants an NIA probe, it has no objections. It told the top court that the state police are effectively investigating the case.

07 October 2017
Kellogg to acquire Chicago-based RXBAR in $600 million deal
Each bar packs 12 grams of protein and 210-220 calories coming from clean, whole food sources such as egg whites, dates, and nuts. It also says that it expects the acquisition to be immaterial to its earnings in 2017 and 2018, when excluding the one-time cost.

07 October 2017
Iamgold Corporation (IAG) Sees Large Increase in Short Interest
TheStreet upgraded shares of Iamgold Corporation from a c- rating to a b rating in a research report on Thursday, August 17th. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

07 October 2017
Analysts Expect Dover Corporation (DOV) Will Announce Quarterly Sales of $1.99 Billion
Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Sciencast Management LP's holdings in Dover Corporation were worth $1,045,000 at the end of the most recent reporting period.

07 October 2017
Meghan Markle could QUIT Suits to tie royal knot with Prince Harry
The Jamaican athlete noted that he's never seen his royal friend as happy as he is now that he's dating the Suits actress. The couple are said to be waiting for Meghan to wrap up her time on Suits before they announce the news .



Recommended