Stock Updates

A look at a High Market Cap Stock: Eaton Corporation plc, ETN

Eaton Corporation plc, ETN is in the exchange NYSE and its industry is Diversified Machinery in the sector of Industrial Goods. Based in Ireland, Eaton Corporation plc, ETNĀ  has a market cap of 29394.24. Since its IPO date on the 6/1/1972, Eaton Corporation plc, ETN performance year to date is 27.09%. Today Eaton Corporation plc, ETN has gained -2.35%, with a current price of 64.32.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 77.60%. The management of the company have seen the company have a payout ratio of 55.10%. Return of assets are at 5.90%, with return on investment at 9.40%.

In terms of debt levels and profit levels, Eaton Corporation plc, ETN is seeing a long-term debt/equity of 0.5. While Total debt/equity is 0.55. With a profit margin of 9.30%, this is combined with a gross margin of 31.90%, and operating margin of 11.20%. Eaton Corporation plc ability to meet debt levels, with a current ratio of 1.4, while the quick ratio is 0.9.

For the last year Eaton Corporation plc, ETN has seen a EPS growth of 12.70%. A performance for the year of 26.58%. The 52-week high is -5.69%, and the 52-week low is 43.19%. The average volume for Eaton Corporation plc, ETN is 2109500.

With a target price of 66.7, can Eaton Corporation plc, ETN reach this target? Looking at the value indicators of Eaton Corporation plc, ETN. Eaton Corporation plc has a P/E of 15.86 and a forward P/E of 14.06. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.95. Eaton Corporation plc also has a P/S and a P/B of 1.46 and 1.92 respectively. For P/cash, Eaton Corporation plc has a value of 62.67, while it is 22.75 for P/free cash flow.

At the current price of 64.32, Eaton Corporation plc has a dividend yield of 3.54%. We see a return on equity of 12.20%.

Looking more long-term Eaton Corporation plc, is projected to get an EPS growth for the next five years of 8.12%. In the short-term an EPS growth of 6.82% in the next year is forecasted. This is after a EPS growth of 12.70% for this year and for the last five years a 9.10% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment