Emerson Electric Co. (EMR): Today's Featured Industrial Loser
(
) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 0.8%. By the end of trading, Emerson Electric fell 33 cents (-0.7%) to $46.76 on average volume. Throughout the day, five million shares of Emerson Electric exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in price between $46.41-$47.10 after having opened the day at $47.07 as compared to the previous trading day's close of $47.09. Other company's within the Industrial industry that declined today were:
(
), down 10.5%,
(
), down 10.3%,
(
), down 10.1%, and
Wowjoint Holdings
(
BWOW
), down 8%.
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 $35.18 billion and is part of the
sector. The company has a P/E ratio of 15.4, above the average industrial industry P/E ratio of 15.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Emerson Electric a buy, no analysts rate it a sell, and nine 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, notable return on equity, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Emerson Electric Ratings Report.
On the positive front,
(
), up 11.6%,
(
), up 10.4%,
(
), up 8.5%, and
(
), up 7.9%, 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
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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