Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Emerson Electric (EMR) Share Price

News stories about Emerson Electric (NYSE:EMR) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Emerson Electric earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.4849882671774 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of Emerson Electric (NYSE:EMR) traded up $0.11 during trading on Wednesday, reaching $69.64. 476,598 shares of the company’s stock were exchanged, compared to its average volume of 3,408,940. Emerson Electric has a 1 year low of $55.40 and a 1 year high of $69.84. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 1.30. The firm has a market capitalization of $44,487.34, a price-to-earnings ratio of 29.63, a P/E/G ratio of 3.13 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, November 7th. The industrial products company reported $0.83 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.83. Emerson Electric had a net margin of 9.94% and a return on equity of 20.47%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same quarter last year, the business posted $0.74 earnings per share. The company’s quarterly revenue was up 12.8% on a year-over-year basis. research analysts expect that Emerson Electric will post 2.92 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Friday, November 17th were given a $0.485 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.94 dividend on an annualized basis and a yield of 2.79%. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.48. Emerson Electric’s dividend payout ratio (DPR) is currently 82.55%.

A number of brokerages recently issued reports on EMR. Cowen raised shares of Emerson Electric from a “market perform” rating to an “outperform” rating in a research note on Tuesday, October 17th. Zacks Investment Research raised shares of Emerson Electric from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. JPMorgan Chase & Co. began coverage on shares of Emerson Electric in a research note on Wednesday, November 29th. They issued a “neutral” rating on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $72.00 price objective (up from $68.00) on shares of Emerson Electric in a research note on Thursday, November 9th. Finally, Citigroup reissued a “sell” rating and issued a $61.00 price objective (up from $58.00) on shares of Emerson Electric in a research note on Monday, October 9th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $65.86.

In other news, VP Bell Katherine Button sold 7,909 shares of Emerson Electric stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $64.78, for a total transaction of $512,345.02. Following the transaction, the vice president now owns 44,628 shares in the company, valued at $2,891,001.84. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Frank J. Dellaquila sold 2,100 shares of Emerson Electric stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $64.77, for a total transaction of $136,017.00. Following the transaction, the vice president now owns 178,743 shares in the company, valued at approximately $11,577,184.11. The disclosure for this sale can be found here. Insiders sold 27,017 shares of company stock worth $1,771,129 in the last 90 days. Company insiders own 0.84% of the company’s stock.

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About Emerson Electric

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. 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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