EMR Stock Summary and Trading Ideas (Emerson Electric Company | NYSE:EMR)

Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.

Emerson Electric Company trades on the NYSE stock market under the symbol EMR.

As of April 24, 2024, EMR stock price declined to $109.62 with 1,640,989 million shares trading.

EMR has a beta of 0.78, meaning it tends to be less sensitive to market movements. EMR has a correlation of 0.22 to the broad based SPY ETF.

EMR has a market cap of $62.49 billion. This is considered a Large Cap stock.

Last quarter Emerson Electric Company reported $4 billion in Revenue and $1.22 earnings per share. This beat revenue expectation by $197 million and exceeded earnings estimates by $.18.

In the last 3 years, EMR stock traded as high as $115.26 and as low as $72.41.

The top ETF exchange traded funds that EMR belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

EMR has outperformed the market in the last year with a return of +30.5%, while the SPY ETF gained +24.1%. In the last 3 month period, EMR beat the market returning +16.7%, while SPY returned +4.5%. However, in the most recent 2 weeks EMR has underperformed the stock market by returning -3.9%, while SPY returned -1.7%.

EMR support price is $108.53 and resistance is $111.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EMR stock will trade within this expected range on the day.