Stock Updates

Is Eaton Corporation plc(NYSE: ETN), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Eaton Corporation plc (NYSE: ETN) has been on the stock market since its IPO date on the 6/1/1972. Eaton Corporation plc is in the Diversified Machinery industry and Industrial Goods sector. Average volume for Eaton Corporation plc, is 2503.07, and so far today it has a volume of 1396000. Performance year to date since the 6/1/1972 is 25.10%.

To help you determine whether Eaton Corporation plc is undervalued the following values will help you decide. P/E is 15.61 and forward P/E is 13.83. PEG perhaps more useful shows that Eaton Corporation plc has a value for PEG of 1.92. P/S ratio is 1.43 and the P/B ratio is 1.89. The P/Cash and P/Free cash flow is 61.38 and 22.28 respectively.

At the current price Eaton Corporation plc is trading at, 63.31 (-1.22% today), Eaton Corporation plc has a dividend yield of 3.60%, and this is covered by a payout ratio of 55.10%. Earnings per share (EPS) is 4.06, and this is looking to grow in the next year to 6.86% after growing 12.70% this past year. EPS growth quarter over quarter is -6.00%, and -5.40% for sales growth quarter over quarter.

The number of shares outstanding is 454.7, and the number of shares float is 453.24. The senior management bring insider ownership to 0.20%, and institutional ownership is at 77.60%. The float short is 1.02%, with the short ratio at a value of 1.85. Management has seen a return on assets of 5.90%, and also a return on investment of 9.40%.

The ability for Eaton Corporation plc, to deal with debt, means it current ratio is 1.4, and quick ratio is 0.9. Long term debt/equity is 0.5 and total debt/equity is 0.55. In terms of margins, Eaton Corporation plc has a gross margin of 31.90%, with its operating margin at 11.20%, and Eaton Corporation plc has a profit margin of 9.30%.

The 52 week high is -7.17%, with 40.94% being its 52 week low. The 20 day simple moving average is -2.77% and the 200 day simple moving average is 7.57%.

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