In the latest trading session, Emerson Electric (EMR) closed at $163.17, marking a +1.69% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.05%.
The maker of process controls systems, valves and analytical instruments's stock has climbed by 4.07% in the past month, exceeding the Industrial Products sector's loss of 2.94% and the S&P 500's gain of 0.97%.
Investors will be eagerly watching for the performance of Emerson Electric in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. The company's earnings per share (EPS) are projected to be $1.85, reflecting a 14.2% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $5.12 billion, up 5.44% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.56 per share and a revenue of $18.92 billion, signifying shifts of +9.33% and +5.03%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Emerson Electric. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.69% rise in the Zacks Consensus EPS estimate. Emerson Electric presently features a Zacks Rank of #2 (Buy).
Looking at valuation, Emerson Electric is presently trading at a Forward P/E ratio of 22.15. This denotes a discount relative to the industry average Forward P/E of 22.32.
Also, we should mention that EMR has a PEG ratio of 2.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. EMR's industry had an average PEG ratio of 1.52 as of yesterday's close.
The Manufacturing - Electronics industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Emerson Electric Co. (EMR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).