Is Eaton Stock's 26.7X PE Still Worth it? Buy, Sell, or Hold?
ETNEaton(ETN) ZACKS·2024-09-18 23:50

Eaton Corporation (ETN) shares are trading at a premium compared to the Zacks Manufacturing-Electronics industry. Its forward 12-month Price/Earnings of 26.68X is higher than the broader sector’s 19.19X and the Manufacturing-Electronics Industry’s 22.78X.Eaton’s near-term prospects look bright, given its VGM Score of B. The stocks with a high VGM Score are those with the most attractive value, best growth and most promising momentum compared with peers.Eaton’s shares have gained 44.2% in the last year, outp ...