The most recent trading session ended with Eaton (ETN) standing at $323.24, reflecting a -1.33% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.Prior to today's trading, shares of the power management company had lost 2.56% over the past month. This has was narrower than the Industrial Products sector's loss of 4.2% and lagged the S&P 500's gain of 3.59% in that ...

Many investors have never heard of Eaton (NYSE:ETN), but that’s actually great news. Eaton stock can be a hidden gem in your portfolio this year, especially if you’re in the market for a “backdoor” or indirect artificial intelligence play.Just to recap, designs and commercializes intelligent power systems. It’s an old company that’s been around since 1911. Yet, during the power-intensive Era of AI, Eaton is in the right time and the right place to potentially generate substantial revenue.Eaton Goes GlobalTh ...

The U.S. economy is certainly showing some signs of slowing, raising questions about which stocks to buy for slowing U.S. growth. According to the household survey of the May employment report, the number of people with jobs dropped by 408,000 last month. Further, the unemployment rate rose to 4% for the first time since January 2022 and the labor force participation rate dropped by 0.2 of a percentage point. Also in May, the Institute for Supply Management’s manufacturing purchasing managers index (PMI) ca ...

The overall market continues its impressive performance, with the SPDR S&P 500 ETF Trust NYSE: SPY up 12.35% year-to-date. While the tech sector has been the primary driver, other sectors have also contributed to the rally. One such sector is industrials, represented by the Industrial Select Sector SPDR Fund NYSE: XLI, which has lagged slightly behind the broader market, up 7.32% year-to-date.Over the past week, the XLI ETF has been consolidating in a tight range, with its 20 and 50-day Simple Moving Averag ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Eaton (ETN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Eaton currently has an average brokerage recommendation (ABR) of ...

It has been about a month since the last earnings report for Eaton (ETN) . Shares have added about 6.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Eaton Q1 Earnings Beat Estimates, 2024 View Raised Eaton Co ...

业绩总结 - 公司2024年第一季度实现归母净利润8.2亿美元，同比增长29%[6] - 美洲电气业务实现营业收入26.9亿美元，同比增长17%，经营利润率为29.2%[8] - 公司在手订单增长强劲，电气化业务订单同比增长19%，航空航天业务订单同比增长6%[10] - 公司将2024年北美电气化业务增速上修1%，经营利润率提高1.0pct至27.8%-28.2%[12] - 调整EPS提高0.25美元至10.2-10.6美元，收入增长率提高0.5%至7%-9%[13] - 预计2024-2026年公司实现营业收入249/265/281亿美元，同比增长7%/6%/6%[13]

Eaton Corp. plc (ETN) , with its rising backlogs, systematic capital expenditure, rising earnings estimates and strong ROE, offers a great investment opportunity in the Industrial Products sector.Let’s focus on the reasons that make this Zacks Rank #2 (Buy) stock a solid investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for ETN’s 2024 earnings per share (EPS) has increased 3.2% to $10.56 in the past 90 days. The Zacks Consensus Estimate for ETN’s total revenues ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Eaton (ETN) . Eaton currently has an average brokerage recommendation (ABR ...