Target Price Review on Emerson Electric Company (NYSE:EMR)
- Author: Anthony Vega Mar 03, 2017,
Mar 03, 2017, 0:14
The stock has been recently noted -6.63% off of the 52-week high of 64.36 and +24.05% off of the 52-week low of 48.45.
Emerson Electric Company (NYSE:EMR) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a note issued to investors on Thursday. William Blair reiterated an outperform rating and issued a $35.00 target price on shares of General Electric Company in a research note on Tuesday, December 6th. New Harbor Financial Group LLC now owns 5,828 shares of the company's stock valued at $172,000 after buying an additional 1,837 shares during the last quarter.
General Electric Company (NYSE:GE) last announced its earnings results on Friday, October 21st. Citigroup Inc. set a $34.00 target price on General Electric Company and gave the company a "buy" rating in a research report on Tuesday, November 1st. General Electric Company has a one year low of $28.19 and a one year high of $33.00. The fund owned 996,777 shares of the company's stock after selling 3,022 shares during the period. (NYSE:TJX)went down 0.00%during trading on the United States exchange where it had a trading capacity of 6.44M shares. Cable Hill Partners LLC now owns 6,155 shares of the company's stock valued at $180,000 after buying an additional 1,708 shares during the last quarter. General Electric Company's quarterly revenue was down 2.4% compared to the same quarter previous year. Stock exchanged hands with the total volume of 4.20 Million shares, as contrast to its average volume of 4.62 Million shares. Vetr raised shares of General Electric Company from a "hold" rating to a "buy" rating and set a $32.83 target price on the stock in a research report on Wednesday, December 14th. The Stock shows P/E value of 0 and Forward P/E of 94.62.
Shares of General Electric Company (NYSE:GE) opened at 30.19 on Thursday. The company reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The stock has an average rating of "Buy" and a consensus target price of $33.45. LLC increased its position in General Electric Company by 58.6% in the second quarter.
Many Analysts provided their foresight on Revenue Estimates of Emerson Electric Co. where they believe that the company has the potential to earn average revenue of $3.48 Billion for the current quarter. The consensus estimate for current quarter is $0.17 and for the current fiscal year, the estimate is $1.63. The original version of this piece of content can be viewed at https://baseballnewssource.com/markets/general-electric-company-ge-given-a-38-00-price-target-at-sanford-c-bernstein/476330.html. The stock next year first quarter current estimate trend for EPS was for $0.67 and on annual basis FY 2016 estimate trends at current was for $2.55 as compared to one month ago of $2.39, and for next year per share earnings estimates have $2.81.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.09. Leisure Capital Management boosted its stake in shares of General Electric Company by 0.3% in the third quarter.
For the Current Quarter, the growth estimate for Emerson Electric Co.is -12.1%, while for the Next Quarter the stock growth estimate is -16.2%. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of USA and worldwide copyright and trademark law. Investors of record on Friday, February 17th will be given a $0.48 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.86%. General Electric Company's dividend payout ratio (DPR) is presently 106.67%. The ex-dividend date is Thursday, March 23rd.
The 52-week high of the share price is -0.57% and 52-week low of the share price is 77.66%. Following the completion of the sale, the vice president now owns 72,647 shares of the company's stock, valued at approximately $4,599,281.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Its GE Capital segment offers commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services.