Emerson Electric (NYSE:EMR) Updates Q1 Earnings Guidance

Emerson Electric (NYSE:EMR) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $1.25-1.30 for the period, compared to the consensus EPS estimate of $1.28. Emerson Electric also updated its FY 2025 guidance to 5.850-6.050 EPS.

Emerson Electric Trading Up 6.6 %

NYSE EMR traded up $7.23 on Tuesday, reaching $117.04. The company had a trading volume of 4,532,074 shares, compared to its average volume of 2,695,371. The firm has a market cap of $67.03 billion, a price-to-earnings ratio of 40.07, a P/E/G ratio of 1.66 and a beta of 1.30. The business has a 50 day moving average of $106.76 and a two-hundred day moving average of $108.86. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 0.86. Emerson Electric has a fifty-two week low of $83.10 and a fifty-two week high of $119.61.

Emerson Electric (NYSE:EMR) last announced its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.01. Emerson Electric had a net margin of 10.12% and a return on equity of 11.41%. The business had revenue of $4.38 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the firm earned $1.29 earnings per share. Emerson Electric’s quarterly revenue was up 11.0% on a year-over-year basis. Analysts forecast that Emerson Electric will post 5.48 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 16th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend was Friday, August 16th. Emerson Electric’s payout ratio is 70.47%.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of research reports. Oppenheimer raised their price objective on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, September 26th. Morgan Stanley assumed coverage on shares of Emerson Electric in a research report on Friday, September 6th. They issued an “underweight” rating and a $105.00 price objective on the stock. JPMorgan Chase & Co. lowered shares of Emerson Electric from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $132.00 to $115.00 in a research note on Wednesday, August 14th. StockNews.com cut shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Finally, Wells Fargo & Company dropped their target price on shares of Emerson Electric from $137.00 to $128.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average target price of $125.53.

About Emerson Electric

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.