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Eaton Corporation plc is a specialty industrial machinery business based in the US. Eaton Corporation shares (ETN) are listed on the NYSE and all prices are listed in US Dollars. Eaton Corporation employs 93,000 staff and has a trailing 12-month revenue of around USD$19.2 billion.
|Latest market close||USD$101.18|
|52-week range||USD$56.415 - USD$105.89|
|50-day moving average||USD$101.4283|
|200-day moving average||USD$87.9334|
|Wall St. target price||USD$107.9|
|Dividend yield||USD$2.92 (2.96%)|
|Earnings per share (TTM)||USD$3.736|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-23)||2.43%|
|1 month (2020-08-28)||-2.25%|
|3 months (2020-06-30)||15.66%|
|6 months (2020-03-30)||29.19%|
|1 year (2019-09-30)||21.68%|
|2 years (2018-09-28)||16.66%|
|3 years (2017-09-29)||31.76%|
|5 years (2015-09-30)||97.23%|
Valuing Eaton Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eaton Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Eaton Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Eaton Corporation shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Eaton Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.5089. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Eaton Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Eaton Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.8 billion.
The EBITDA is a measure of a Eaton Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$19.2 billion|
|Operating margin TTM||10.39%|
|Gross profit TTM||USD$7.1 billion|
|Return on assets TTM||3.98%|
|Return on equity TTM||10.11%|
|Market capitalisation||USD$39.9 billion|
TTM: trailing 12 months
There are currently 3.8 million Eaton Corporation shares held short by investors – that's known as Eaton Corporation's "short interest". This figure is 7% down from 4.1 million last month.
There are a few different ways that this level of interest in shorting Eaton Corporation shares can be evaluated.
Eaton Corporation's "short interest ratio" (SIR) is the quantity of Eaton Corporation shares currently shorted divided by the average quantity of Eaton Corporation shares traded daily (recently around 1.4 million). Eaton Corporation's SIR currently stands at 2.63. In other words for every 100,000 Eaton Corporation shares traded daily on the market, roughly 2630 shares are currently held short.
However Eaton Corporation's short interest can also be evaluated against the total number of Eaton Corporation shares, or, against the total number of tradable Eaton Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Eaton Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Eaton Corporation shares in existence, roughly 10 shares are currently held short) or 0.0095% of the tradable shares (for every 100,000 tradable Eaton Corporation shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Eaton Corporation.
Find out more about how you can short Eaton Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Eaton Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 20.37
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Eaton Corporation's overall score of 20.37 (as at 08/01/2020) is excellent – landing it in it in the 17th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Eaton Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 9.75/100
Eaton Corporation's environmental score of 9.75 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Eaton Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 12.32/100
Eaton Corporation's social score of 12.32 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Eaton Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 10.8/100
Eaton Corporation's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Eaton Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Eaton Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Eaton Corporation has, for the most part, managed to keep its nose clean.
|Total ESG score||20.37|
|Total ESG percentile||17.48|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||2|
Dividend payout ratio: 77.42% of net profits
Recently Eaton Corporation has paid out, on average, around 77.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.96% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Eaton Corporation shareholders could enjoy a 2.96% return on their shares, in the form of dividend payments. In Eaton Corporation's case, that would currently equate to about $2.92 per share.
Eaton Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Eaton Corporation's most recent dividend payout was on 28 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 13 August 2020 (the "ex-dividend date").
Eaton Corporation's shares were split on a 2:1 basis on 1 March 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Eaton Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Eaton Corporation shares which in turn could have impacted Eaton Corporation's share price.
Over the last 12 months, Eaton Corporation's shares have ranged in value from as little as $56.415 up to $105.89. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Eaton Corporation's is 1.1706. This would suggest that Eaton Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Eaton Corporation plc operates as a power management company worldwide. Its Electrical Products segment offers electrical and industrial components, wiring devices, and structural support systems; and residential, single phase power quality, emergency lighting and fire detection, and circuit protection and lighting products. The company's Electrical Systems and Services segment provides power distribution and assemblies, three phase power quality products, hazardous duty electrical equipment, explosion-proof instrumentation, utility power distribution equipment, power reliability equipment, and services. Its Hydraulics segment offers power, controls and sensing, and fluid conveyance products; and filtration systems solutions, industrial drum and disc brakes, and golf grips. The company's Aerospace segment provides hydraulic power generation and fuel systems, controls and sensing, and fluid and conveyance products for commercial and military use. Its Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, cylinder heads, locking and limited slip differentials, transmission controls, and fuel vapor components for vehicle industry. The company's eMobility segment provides voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution products, fuel tank isolation valves, and commercial vehicle hybrid systems. It serves industrial, institutional, governmental, utility, commercial, residential, information technology, renewable energy, marine, agriculture, oil and gas, construction, mining, forestry, material handling, truck and bus, machine tools, molding, primary metals, and power generation markets, as well as original equipment manufacturers and aftermarket customers. The company was founded in 1916 and is based in Dublin, Ireland.
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