Eaton Corporation, PLC (NYSE:ETN) Upgrades/Downgrades Update


Eaton Corporation, PLC (NYSE:ETN) has a 1 Year Target Estimate of $66.76. The stock traded with the volume of 2.78 Million in the last trading session. Eaton Corporation, PLC opened at $65.61 and closed by showing a decrease of -0.44%. The Bid price in the last session was $65.25 x 100 and the Ask price was $66.76 x 100. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Eaton Corporation, PLC has the Market Capitalization of 29.67 Billion. The Stock has its 52-week High of $68.95 and 52-Week Low of $46.19 and it touched its 52-week high on Nov 10, 2016 and 52-Week Low on Jan 20, 2016.

Eaton Corporation, PLC reported its last Earnings on Nov 01 BMO where the company reported Actual EPS of $1.15/Share whereas, the Analyst Estimated EPS was $1.15/share. The difference between Actual EPS and Estimated EPS was $0/share. This represented an Earnings Surprise of 0%. The company will report its next earnings on Feb 1 – Feb 6 (Est.).

21 number of analysts also provided their insight on Eaton Corporation, PLC, where the Average Price Target for the stock is $66.76. They also projected Low Price Target as $58 while High Price Target is set at $75.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 5 reported it as Buy.18 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Eaton Corporation, PLC annual Divided is 2.28 while it’s Dividend Yield is 3.47%. The stock has its Price to Earnings (P/E) ratio of 15.47 and Forward Price to Earnings ratio of 14.94. The company has its Price to Sales (P/S) ratio of 1.49 where Price to Book (P/B) ratio of 1.94, Price to Cash Per share (P/C) of 41.97 and Price to Free Cash Flow (P/FCF) has a value of 26.1.

The company has its Return on Assets (ROA) of 6.2 Percent. Return on Equity (ROE) stands at 12.7% and Return on Investment (ROI) displays a value of 9.4%.

The stock is currently trading at Distance from 20-Day simple moving Average of 1.87% whereas, Distance from 50-Day Simple moving average is 3.09 Percent and Distance from 200-Day Simple Moving Average of 6.53 percent.

A look at performance overview of Eaton Corporation, PLC depicts that Performance (Week) is 0.23 percent while Performance Month is 6.3%. Quarterly performance shows a value of -1.25% and Half Year Performance value stands at 8.53%. Yearly performance of the stock has the value of 17.24 percent. Eaton Corporation, PLC has its YTD performance of 31.02 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 16 Nov 2016 where Director Connor (Christopher M) did a transaction type “Sell” in which 6504 shares were traded at a price of $65.59. Another insider trade includes Director Connor (Christopher M) who also initiated a transaction in which 6504 shares were traded on 16 Nov 2016 as “Buy”. On 9 Nov 2016 Officer and Director Arnold (Craig) traded 48300 shares as “Sell” at $67.99. Director Golden (Charles E) Buy 5374 shares on 9 Nov 2016 at the price of $37.87.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm KeyBanc Capital Mkts on 9-Sep-16 who Downgrade the stock from Overweight to Sector Weight. Other firms have also Upgraded/Downgraded the stock. On 14-Jul-16, BofA/Merrill took an action “Downgrade” from Buy to Neutral. On 4-Apr-16, the stock was Downgrade to Neutral by Longbow.