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Eaton (ETN)
NYSE:ETN
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ETN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$191.82 - $345.19
Previous Close$314.65
Volume2.93M
Average Volume (3M)2.45M
Market Cap
$125.26B
Enterprise Value$133.01B
Total Cash (Recent Filing)$2.78B
Total Debt (Recent Filing)$10.49B
Price to Earnings (P/E)34.3
Beta0.99
Next Earnings
Oct 29, 2024EPS Estimate
$2.8Last Dividend Ex-Date
Aug 05, 2024Dividend Yield1.18%
Share Statistics
EPS (TTM)9.09
Shares Outstanding398,100,000
10 Day Avg. Volume2,028,657
30 Day Avg. Volume2,448,102
Standard Deviation0.07
R-Squared0.56
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)6.46
Price to Sales (P/S)5.06
Price to Cash Flow (P/CF)32.20
P/FCF Ratio38.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.51
Enterprise Value/Gross Profit15.77
Enterprise Value/Ebitda24.66
Forecast
1Y Price Target
$353.11Price Target Upside12.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eaton News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement raised its full year adjusted EPS guidance by 2% at the midpoint to a new range of $10.65-10.75.
Growth ProspectsETN is well positioned to deliver multi-year organic growth due to robust data center power demand and its diversified power management portfolio.
Profitability And Cost EfficiencyContinuous restructuring efforts are significantly improving profitability and cost efficiencies for ETN.
Bears Say
ManagementManagement change could increase execution risk and lead to increased stock uncertainty.
Market PerformanceOne of the primary reasons for ETN’s underperformance has been the bursting of the AI investor bubble.
Supply ChainThe pace of the supply chain improvement has disappointed the industry versus optimistic expectations.
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Ownership Overview
0.48% Insiders
27.01% Mutual Funds
34.33% Other Institutional Investors
38.18% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ETN FAQ
What was Eaton’s price range in the past 12 months?
Eaton lowest stock price was $191.82 and its highest was $345.19 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 Oct 29, 2024 which is in 40 days.
How were Eaton’s earnings last quarter?
Eaton released its earnings results on Aug 01, 2024. The company reported $2.73 earnings per share for the quarter, beating the consensus estimate of $2.613 by $0.117.
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 1.18%. See more information on Eaton dividends here
What is Eaton’s EPS estimate?
Eaton’s EPS estimate is $2.8.
How many shares outstanding does Eaton have?
Eaton has 398,100,000 shares outstanding.
What happened to Eaton’s price movement after its last earnings report?
Eaton reported an EPS of $2.73 in its last earnings report, beating expectations of $2.613. Following the earnings report the stock price went down -2.268%.
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 1B.
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Eaton Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$353.11 (12.22% Upside)
$353.11 (12.22% Upside)
Blogger Sentiment
Bullish
ETN Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 235.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.52%
12-Months-Change
Fundamentals
Return on Equity
19.64%
Trailing 12-Months
Asset Growth
7.09%
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
Q2 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
$353.11
▲(12.22% Upside)
Technical Analysis
Best Analysts Covering ETN
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+34.34%
reiterated a buy rating 2 months ago
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +34.34% per trade.
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