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Eaton (ETN)
NYSE:ETN
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ETN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$231.84 - $379.99
Previous Close$338.12
Volume4.86M
Average Volume (3M)1.85M
Market Cap
$132.64B
Enterprise Value$140.77B
Total Cash (Recent Filing)$1.99B
Total Debt (Recent Filing)$10.08B
Price to Earnings (P/E)35.7
Beta1.30
Next Earnings
Jan 30, 2025EPS Estimate
$2.82Last Dividend Ex-Date
Nov 04, 2024Dividend Yield1.12%
Share Statistics
EPS (TTM)9.40
Shares Outstanding395,200,000
10 Day Avg. Volume2,131,694
30 Day Avg. Volume1,850,434
Standard Deviation0.07
R-Squared0.57
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)6.99
Price to Sales (P/S)5.39
Price to Cash Flow (P/CF)25.30
P/FCF Ratio28.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.72
Enterprise Value/Gross Profit16.69
Enterprise Value/Ebitda25.50
Forecast
1Y Price Target
$391.20Price Target Upside15.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Eaton News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceETN has delivered consistent above-peer organic growth since the Hydraulics divestiture, which is driving a faster EPS CAGR relative to its peers.
Market DemandETN has only realized 10% of the order opportunity tied to announced mega-projects, indicating significant potential for future growth.
Strategic InvestmentsETN increased incremental capacity investments to $1.5B, from $1B+ previously, to further alleviate constraints primarily in the electrical business.
Bears Say
ManagementManagement change could increase execution risk and lead to increased stock uncertainty.
Market ExpectationsShares underperformed against high expectations as the complexion outside Electrical Americas was mixed on Europe sluggishness and eMobility.
Supply ChainSupply chain constraints will not be resolved until 2026, impacting lead times for products.
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Ownership Overview
0.19% Insiders
23.92% Mutual Funds
15.14% Other Institutional Investors
41.38% 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 $231.84 and its highest was $379.99 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 Jan 30, 2025 which is in 39 days.
How were Eaton’s earnings last quarter?
Eaton released its earnings results on Oct 31, 2024. The company reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.801 by $0.039.
Is Eaton overvalued?
According to Wall Street analysts Eaton’s price is currently Undervalued.
Does Eaton pay dividends?
Eaton pays a Quarterly dividend of $0.939 which represents an annual dividend yield of 1.12%. See more information on Eaton dividends here
What is Eaton’s EPS estimate?
Eaton’s EPS estimate is $2.82.
How many shares outstanding does Eaton have?
Eaton has 395,200,000 shares outstanding.
What happened to Eaton’s price movement after its last earnings report?
Eaton reported an EPS of $2.84 in its last earnings report, beating expectations of $2.801. Following the earnings report the stock price went down -3.276%.
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 2B.
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Eaton Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$391.20 (15.70% Upside)
$391.20 (15.70% Upside)
Blogger Sentiment
Neutral
ETN Sentiment 58%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 579.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $31.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.31%
12-Months-Change
Fundamentals
Return on Equity
20.11%
Trailing 12-Months
Asset Growth
5.22%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Eaton delivered a strong quarter with record financial performance, driven by significant growth in the data center segment and robust backlog increases. Despite external challenges such as labor strikes and weather events, the company remains optimistic about its future growth prospects, supported by strategic partnerships and a positive outlook in residential markets.Read More>---
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
$391.20
▲(15.70% Upside)
Technical Analysis
Best Analysts Covering ETN
1 Year
1 Year Success Rate
18/19 ratings generated profit
1 Year Average Return
+32.55%
reiterated a buy rating 17 days ago
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 94.74% of your transactions generating a profit, with an average return of +32.55% per trade.
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