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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 2331.05, and so far today it has a volume of 2554400. Performance year to date since the 6/1/1972 is 30.15%.

To help you determine whether Eaton Corporation plc is undervalued the following values will help you decide. P/E is 16.24 and forward P/E is 14.4. PEG perhaps more useful shows that Eaton Corporation plc has a value for PEG of 2. P/S ratio is 1.49 and the P/B ratio is 1.97. The P/Cash and P/Free cash flow is 64.18 and 23.3 respectively.

At the current price Eaton Corporation plc is trading at, 65.87 (0.24% today), Eaton Corporation plc has a dividend yield of 3.46%, 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 6.82% 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 457, 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 1.14%, with the short ratio at a value of 2.22. 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 -3.42%, with 46.64% being its 52 week low. The 20 day simple moving average is 0.95% and the 200 day simple moving average is 11.14%.

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.


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Stephen Butters

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