Analyst Ratings for Eaton Corp. PLC (ETN)

Updated: 2017-07-28

Eaton Corp. PLC (NYSE:ETN) was awarded an average rating of Overweight from investment analysts following the stock. ETN had previously received a consensus rating of Overweight a month ago.

Of the 24 analysts covering the stock, 9 gave it a buy rating, 0 gave an overweight rating, 15 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for ETN. The maximum price target given was 90, implying a possible profit of 14.75 percent. The lowest price target was 70, implying potential capital losses of -10.75 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.31 percent. The average change in earnings estimates over the last 90 days is 1.31 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.54 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.61 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 5 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ETN to grow at a rate of 8.18 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ETN is 2.23.

In the trailing 52-weeks, ETN hit 81.63 at the highest peak, while it's lowest trading point was 59.07. The current market price is above the trailing year's low by 32.77 percent, and 3.92 percent lower than its 52-week high. ETN has a price/earnings ratio of 18.26. Investors typically compare the P/E ratio to a company's peers in the industry. The ETN value stock report compares ETN to some of its peers using value stock charts. The market cap of ETN is $35.11 billion. ETN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.