Navigating 7 Analyst Ratings For Eaton Corp

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Eaton Corp ETN has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

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

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $293.86, a high estimate of $345.00, and a low estimate of $246.00. This upward trend is evident, with the current average reflecting a 22.95% increase from the previous average price target of $239.00.

Analyzing Analyst Ratings: A Detailed Breakdown

The standing of Eaton Corp among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Deane Dray RBC Capital Raises Sector Perform $286.00 $246.00
Philip Buller Berenberg Raises Buy $345.00 $200.00
David Raso Evercore ISI Group Raises Outperform $308.00 $262.00
Deane Dray RBC Capital Raises Sector Perform $246.00 $220.00
Timothy Thein Citigroup Raises Buy $310.00 $270.00
Chris Snyder UBS Raises Buy $305.00 $255.00
Joseph O'Dea Wells Fargo Raises Equal-Weight $257.00 $220.00

Key Insights:

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  • 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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Eaton Corp's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Eaton Corp analyst ratings.

About Eaton Corp

Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the U.S.

Breaking Down Eaton Corp's Financial Performance

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Over the 3 months period, Eaton Corp showcased positive performance, achieving a revenue growth rate of 10.83% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Eaton Corp's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.84%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.05%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.5%, the company showcases effective utilization of assets.

Debt Management: With a below-average debt-to-equity ratio of 0.51, Eaton Corp adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: Simplified

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 publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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

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