Emerson Electric Co. (NYSE:EMR) & CenterPoint Energy, Inc

Andrew Cummings
February 17, 2017

Currently, the stock carries a price to earnings ratio of 24.9, a price to book ratio of 5.31, and a price to sales ratio of 2.84. The 52-week high of the share price is $45.21 and the 52-week low is $37.04. Going forward, the company's aggressive restructuring actions and strategic divestures are likely to boost margins.

The firm has price volatility of 1.34% for a week and 1.61% for a month. "In addition, currency fluctuations and escalating restructuring charges also pose concerns". The mean PT is calculated considering the consensus of 11 analysts. Portland General Electric Company has lost 0.94% in the last five trading days and dropped 1.41% in the last 4 weeks.

Now the company Insiders own 0.79% of Emerson Electric Company shares according to the proxy statements.


In related news, insider Jeffrey S. Bornstein acquired 5,000 shares of the company's stock in a transaction on Tuesday, January 31st. (The) upgraded shares of Emerson Electric Company from a "sell" rating to a "neutral" rating and set a $60.00 price objective for the company in a report on Friday, January 27th. Recently, investment analysts covering the stock have updated the mean rating to 3. Emerson Electric Company presently has a consensus rating of "Hold" and a consensus price target of $54.68. The company has a market cap of $3,844 million. The stock's 50 day moving average is $30.61 and its 200 day moving average is $30.48. (NYSE:EMR) is projected at -13.6 percent in the Current Quarter and -16.2 percent in the Next Quarter, according to analysts. The reported earnings per share topped the analyst's consensus by $0.14 with the percentage difference between estimated and actual earnings arriving at 33.30%. The average revenue estimate for the year ending December 2017 is $19.77B by 10 analysts. The company has a Mean Recommendation of 3.16 based on a scale of 1-5 provided by Thomson Reuters. The Company now has Insider ownership of 0.4 Percent and Institutional Ownership of 72.8 Percent. The ex-dividend date of this dividend is Wednesday, February 15th. This represents a $1.92 dividend on an annualized basis and a yield of 3.42%. General Electric Company's dividend payout ratio is now 106.67%.

This news story was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of USA and global trademark and copyright laws. The correct version of this report can be viewed at https://www.com-unik.info/2017/02/16/emerson-electric-company-emr-rating-increased-to-buy-at-zacks-investment-research.html. The stock has 52-week high of $64.36 and 52-week low of $46.98. The stock soared 4.82 percent over the last 6 months. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The company's shares were closed at 63.73.

Institutional investors have recently bought and sold shares of the company. Finally, Barry Investment Advisors LLC raised its stake in General Electric Company by 0.7% in the third quarter. State Street Corp now owns 32,271,263 shares of the company's stock worth $1,799,131,000 after buying an additional 1,049,578 shares during the last quarter.


While trading at volume above than average, Emerson Electric Co. Oakworth Capital Inc. now owns 3,130 shares of the company's stock valued at $171,000 after buying an additional 425 shares in the last quarter. Oakworth Capital Inc. raised its position in Emerson Electric Company by 15.7% in the third quarter. Price changes resulting from an earnings surprise can be felt immediately.

The 20 analysts offering 12-month price forecasts for Emerson Electric Co have a median target of 57.50, with a high estimate of 63.00 and a low estimate of 44.00. 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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