Unveiling 5 Analyst Insights On Eaton Corp
Portfolio Pulse from Benzinga Insights
Eaton Corp (NYSE:ETN) has been rated by 5 analysts in the last 3 months, with 2 somewhat bullish, 2 indifferent, and 1 somewhat bearish ratings. The average 12-month price target is $226.4, with a high of $257.00 and a low of $187.00. Over the past month, the average price target has increased by 5.92%. Analysts from Wells Fargo, RBC Capital, Barclays, JP Morgan, and Morgan Stanley have updated their ratings and price targets. Eaton is a diversified power management company with a strong market position, reflected in its financials, including a 10.67% revenue growth rate, a net margin of 15.15%, an ROE of 4.9%, an ROA of 2.41%, and a low debt-to-equity ratio of 0.52.
December 19, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Eaton Corp has received mixed analyst ratings but a positive trend in price target updates, indicating a generally favorable outlook. The company's strong financial performance and market position may support its stock price in the short term.
The recent analyst ratings and price target increases for Eaton Corp suggest a cautiously optimistic outlook, which could lead to a positive short-term impact on the stock price. The company's strong financial metrics, such as revenue growth, net margin, ROE, and ROA, along with a low debt-to-equity ratio, reinforce the potential for stock appreciation. However, the presence of indifferent and somewhat bearish ratings indicates that there may be some concerns or uncertainties that could temper the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100