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Eaton (ETN)
NYSE:ETN
Eaton (ETN) Stock Price & Analysis
1,491 Followers
ETN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$162.93 - $337.70
Previous Close$328.51
Volume1.59M
Average Volume (3M)2.18M
Market Cap
$131.34B
Enterprise Value$138.72B
Total Cash (Recent Filing)$2.44B
Total Debt (Recent Filing)$9.79B
Price to Earnings (P/E)38.8
Beta0.99
Next Earnings
Jul 30, 2024EPS Estimate
$2.59Last Dividend Ex-Date
May 03, 2024Dividend Yield1.07%
Share Statistics
EPS (TTM)8.47
Shares Outstanding399,800,000
10 Day Avg. Volume2,461,787
30 Day Avg. Volume2,183,366
Standard Deviation0.07
R-Squared0.62
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-236.00
Price to Sales (P/S)22.24
Price to Cash Flow (P/CF)69.60
P/FCF Ratio104.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.86
Enterprise Value/Gross Profit16.45
Enterprise Value/Ebitda27.15
Forecast
1Y Price Target
$335.27Price Target Upside1.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Eaton News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceETN’s first quarter results exceeded segment EBITA expectations, reflecting strong financial performance.
Market TrendsAnalyst believes ETN is well-positioned to benefit from major trends like US re-industrialization and data center growth.
Operational PerformanceElectrical Americas segment experienced significant growth and margin increase, indicating robust operational efficiency.
Bears Say
Divisional PerformanceWeak margins in Aerospace and eMobility due to start-up costs may reflect operational inefficiencies and could affect the company's overall financial health.
Financial PerformanceConcerns around sequential margin stepdown could signal decreasing profitability for the company.
Operational ChallengesCapacity constraints are limiting market growth, potentially impacting the company's revenue and market share.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
ETN FAQ
What was Eaton’s price range in the past 12 months?
Eaton lowest stock price was $162.93 and its highest was $337.70 in the past 12 months.
What is Eaton’s market cap?
Currently, no data Available
When is Eaton’s upcoming earnings report date?
Eaton’s upcoming earnings report date is Jul 30, 2024 which is in 77 days.
How were Eaton’s earnings last quarter?
Eaton released its earnings results on Apr 30, 2024. The company reported $2.4 earnings per share for the quarter, beating the consensus estimate of $2.288 by $0.112.
Is Eaton overvalued?
According to Wall Street analysts Eaton’s price is currently Undervalued.
Does Eaton pay dividends?
Eaton pays a Quarterly dividend of $0.94 which represents an annual dividend yield of 1.07%. See more information on Eaton dividends here
What is Eaton’s EPS estimate?
Eaton’s EPS estimate is $2.59.
How many shares outstanding does Eaton have?
Eaton has 399,800,000 shares outstanding.
What happened to Eaton’s price movement after its last earnings report?
Eaton reported an EPS of $2.4 in its last earnings report, beating expectations of $2.288. Following the earnings report the stock price went down -2.528%.
Which hedge fund is a major shareholder of Eaton?
Among the largest hedge funds holding Eaton’s share is Coatue Management, LLC. It holds Eaton’s shares valued at 960M.
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Eaton Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$335.27 (1.46% Upside)
$335.27 (1.46% Upside)
Blogger Sentiment
Bullish
ETN Sentiment 64%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 204.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 8.5%
Last 30 Days ▲ 8.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
97.62%
12-Months-Change
Fundamentals
Return on Equity
18.52%
Trailing 12-Months
Asset Growth
8.50%
Trailing 12-Months
Company Description
Eaton
Eaton Corporation plc is a diversified power management company. It provides electrical and industrial components, wiring devices, residential, fire detection, lighting products., It also engages in designing and manufacturing power train systems and other components for commercial vehicle markets. The company also provides aerospace fuel, hydraulics and pneumatic systems for military and commercial use.
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ETN Company Deck
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ETN Earnings Call
Q1 2024
0:00 / 0:00
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ETN Net sales Breakdown
43.53% Electrical Americas
26.23% Electrical Global
14.71% Aerospace
12.78% Vehicle
2.74% eMobility
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ETN Stock 12 Month Forecast
Average Price Target
$335.27
▲(1.46% Upside)
Technical Analysis
Best Analysts Covering ETN
1 Year
1 Year Success Rate
16/16 ratings generated profit
1 Year Average Return
+40.24%
reiterated a buy rating last month
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +40.24% per trade.
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