The shares of Emerson Electric Co. (NYSE:EMR) has been pegged with a rating of Buy by Citigroup in its latest research note that was published on April 8th, 2019. The research company has also assigned a $81 price target. Citigroup wasn’t the only research firm that published a report of Emerson Electric Co., with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on January 14th, 2019, to Neutral the EMR stock. The stock had earned Sector Perform rating from RBC Capital Mkts when it published its report on January 4th, 2019. The stock was given Outperform rating by Credit Suisse in its report released on January 3rd, 2019. Barclays was of a view that EMR is Equal Weight in its latest report on December 17th, 2018 while giving it a price target of $71. Barclays thinks that EMR is worth Equal Weight rating. This was contained in the firm’s report on December 17th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $73.74. The price of the stock the last time has raised by 13.17% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 30.76.
The shares of the company dipped by -3.08% during the trading session on Thursday, reaching a low of $62.00 while ending the day at $62.68. During the trading session, a total of 2.93 million shares were traded which represents a 0.59% incline from the average session volume which is 2.95M shares. EMR had ended its last session trading at 64.67. Emerson Electric Co. currently has a market cap of $39.05B, while its P/E ratio stands at 19.03, while its P/E earnings growth sits at 2.16, with a beta of 1.25. Emerson Electric Co. debt-to-equity ratio currently stands at 0.74, while its quick ratio hovers at 0.80. EMR 52-week low price stands at $55.38 while its 52-week high price is $79.70.
The company in its last quarterly report recorded $0.84 earnings per share which is below the $0.84 predicted by most analysts. The Emerson Electric Co. generated $4,570.00 million in revenue during the last quarter, which is slightly lower than the $4,643.26 million predicted by analysts. In the second quarter last year, the firm recorded $0.74 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 11.9%. Emerson Electric Co. has the potential to record 3.29 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Maxim Group published a research note on May 1st, 2019 where it informed investors and clients that Apple Inc. (NASDAQ:AAPL) is now rated as Hold. Their price target on the stock stands at $217. Citigroup also rated AAPL as Upgrade on January 14th, 2019, with its price target of suggesting that AAPL could surge by 16.89% from its current share price. Even though the stock has been trading at $182.78/share, analysts expect it to surge higher by -1.71% to reach $216.17/share. It started the day trading at $180.54 and traded between $177.81 and $179.66 throughout the trading session.
A look at its technical shows that AAPL’s 50-day SMA is 195.85 while its 200-day SMA stands at 191.99. The stock has a high of $233.47 for the year while the low is $142.00. The company’s P/E ratio currently sits at 15.40, while the P/B ratio is 7.93. At the moment, only of Apple Inc. shares were sold short. The company’s average trading volume currently stands at 29.46M shares, which means that the short-interest ratio is just 1.79 days. Over the past seven days, the company moved, with its shift of -5.48%. Looking further, the stock has raised 3.87% over the past 90 days while it lost -3.34% over the last six months.
BlackRock Fund Advisors followed the path by decreasing its AAPL portfolio by -2.33% in the quarter. This means that BlackRock Fund Advisors sold -4,690,117 shares in the last quarter and now controls 196,990,679 shares of the AAPL stock, with the valuation hitting $39,530,119,555.
Similarly, Fidelity Management Research Co decreased its Apple Inc. shares by -10.78% during the recently filed quarter. After selling -11,273,649 shares in the last quarter, the firm now controls 93,334,761 shares of Apple Inc. which are valued at $18,729,486,490. In the same vein, Geode Capital Management LLC increased its Apple Inc. shares by during the most recent reported quarter. The firm bought 2,649,400 shares during the quarter which increased its stakes to 61,063,812 shares and is now valued at $12,253,675,154. Following these latest developments, around 0.07% of Apple Inc. stocks are owned by institutional investors and hedge funds.