- Previous Close
309.07 - Open
312.23 - Bid 312.11 x 800
- Ask 312.33 x 900
- Day's Range
310.92 - 316.31 - 52 Week Range
191.82 - 345.19 - Volume
1,477,367 - Avg. Volume
2,150,327 - Market Cap (intraday)
124.694B - Beta (5Y Monthly) 1.01
- PE Ratio (TTM)
36.81 - EPS (TTM)
8.47 - Earnings Date Aug 1, 2024
- Forward Dividend & Yield 3.76 (1.22%)
- Ex-Dividend Date May 3, 2024
- 1y Target Est
345.86
Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; and wiring connectors and cables, as well as hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications. The company's Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry. Its eMobility segment provides voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.
www.eaton.com94,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Specialty Industrial Machinery
Industry
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Trailing total returns as of 7/19/2024, which may include dividends or other distributions. Benchmark is
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Statistics: ETN
View MoreValuation Measures
Market Cap
123.59B
Enterprise Value
130.94B
Trailing P/E
36.49
Forward P/E
29.76
PEG Ratio (5yr expected)
3.07
Price/Sales (ttm)
5.25
Price/Book (mrq)
6.41
Enterprise Value/Revenue
5.54
Enterprise Value/EBITDA
25.62
Financial Highlights
Profitability and Income Statement
Profit Margin
14.38%
Return on Assets (ttm)
6.98%
Return on Equity (ttm)
18.50%
Revenue (ttm)
23.66B
Net Income Avi to Common (ttm)
3.4B
Diluted EPS (ttm)
8.47
Balance Sheet and Cash Flow
Total Cash (mrq)
2.44B
Total Debt/Equity (mrq)
50.65%
Levered Free Cash Flow (ttm)
2.49B
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View MoreThe Argus ESG Model Portfolio
Sustainable Impact Investing, or ESG investing, is gaining traction not only with Argus Research clients but also with the global investment community. BlackRock CEO Lawrence Fink, who oversees approximately $9 trillion in assets, announced in January 2020 that his firm would be investing in companies that are making progress on sustainability. He doubled down in his January 2021 letter, calling on company managements to disclose their plans for making their businesses "compatible with a net-zero economy" by 2050. As assets have flowed in over the past 40 years, Sustainable Impact Investing has evolved. The discipline, originally known as Socially Responsible Investing, focused at first on excluding companies that conducted business in South Africa, or participated in industries such as tobacco, alcohol, and firearms. Performance of these initial strategies lagged, and the approach has been modified. Now, instead of merely identifying industries to avoid, the discipline promotes "sustainable" business practices across all industries that can have an "impact" on global issues such as climate, hunger, poverty, disease, shelter, and workers' rights.
Argus Quick Note: Weekly Stock List for 05/20/2024: Companies Raising Guidance
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The first-quarter earnings season has crossed the 90% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 7%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 43%, and Consumer Discretionary, up 26%. On the flipside, Healthcare and Energy, both down 24%, are performing the worst. Our analysts are always on the lookout for companies that boost outlooks during earnings season, as this is often a signal for momentum in the months ahead. Here is an initial list of BUY-rated companies in the Argus Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 1Q24 EPS reporting season.
Raising target price
Eaton Corp., founded in 1919 to manufacture geared truck axles, is now a diversified power management company. It has five operating segments: Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility. Its customers similarly span a wide range of industries, and sales are evenly split between the U.S. and abroad. As a result, Eaton has a balanced presence in early-, mid- and late-cycle sectors, as well as recession-resistant service capabilities. The company has approximately 94,000 employees. The shares are a component of the S&P 500.
RatingPrice TargetStock Market Looking to Get Past April's Stumble
Stock Market Looking to Get Past April's Stumble