) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 1.5%. By the end of trading, Emerson Electric fell $1.20 (-2.4%) to $47.93 on average volume. Throughout the day, 4.5 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in price between $47.74-$49.24 after having opened the day at $49.15 as compared to the previous trading day's close of $49.13. Other company's within the Industrial industry that declined today were:
), down 15.3%,
), down 13.3%,
), down 11.6%, and
), down 11%.
Emerson Electric Co. operates as a diversified technology company worldwide. It engages in designing and supplying products and technology, and delivering engineering services and solutions to industrial, commercial, and consumer markets. Emerson Electric has a market cap of $35.93 billion and is part of the
sector. The company has a P/E ratio of 15.1, above the average industrial industry P/E ratio of 14.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 14.1% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates Emerson Electric as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Emerson Electric Ratings Report.
On the positive front,
), up 94.2%,
), up 12.5%,
), up 10.6%, and
), up 8.1%, were all gainers within the industrial industry with
) being today's featured industrial industry winner.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.