Beyond The Numbers: 14 Analysts Discuss Eaton Corp Stock

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Across the recent three months, 14 analysts have shared their insights on Eaton Corp ETN, expressing a variety of opinions spanning from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 5 4 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 1 0 0
2M Ago 2 0 1 0 0
3M Ago 2 3 2 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $387.43, a high estimate of $440.00, and a low estimate of $320.00. This upward trend is evident, with the current average reflecting a 6.66% increase from the previous average price target of $363.23.

price target chart

Investigating Analyst Ratings: An Elaborate Study

A comprehensive examination of how financial experts perceive Eaton Corp is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Stephen Tusa JP Morgan Lowers Overweight $348.00 $350.00
Andrew Kaplowitz Citigroup Lowers Buy $410.00 $440.00
Joseph O'Dea Wells Fargo Lowers Equal-Weight $350.00 $365.00
Deane Dray RBC Capital Raises Outperform $392.00 $374.00
Andrew Kaplowitz Citigroup Raises Buy $440.00 $394.00
Stephen Volkmann Jefferies Raises Buy $440.00 $400.00
Julian Mitchell Barclays Raises Equal-Weight $353.00 $320.00
Amit Mehrotra UBS Raises Buy $431.00 $330.00
Andrew Obin B of A Securities Raises Buy $410.00 $350.00
David Raso Evercore ISI Group Raises In-Line $389.00 $333.00
Chad Dillard Bernstein Announces Outperform $382.00 -
Brett Linzey Mizuho Raises Outperform $385.00 $365.00
Deane Dray RBC Capital Maintains Outperform $374.00 $374.00
Julian Mitchell Barclays Lowers Equal-Weight $320.00 $327.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Eaton Corp. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Eaton Corp compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Eaton Corp's stock. This examination reveals shifts in analysts' expectations over time.

Capture valuable insights into Eaton Corp's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Eaton Corp analyst ratings.

Discovering Eaton Corp: A Closer Look

Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.

Unraveling the Financial Story of Eaton Corp

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Positive Revenue Trend: Examining Eaton Corp's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.91% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Eaton Corp's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.9% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Eaton Corp's ROE stands out, surpassing industry averages. With an impressive ROE of 5.26%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.57%, the company showcases effective utilization of assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.53.

Understanding the Relevance of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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