Eaton Corporation plc (ETN) Analysts See $1.24 EPS

January 21, 2018 - By Marie Mckinney

 Eaton Corporation plc (ETN) Analysts See $1.24 EPS
Investors sentiment decreased to 1 in 2017 Q3. Its down 0.07, from 1.07 in 2017Q2. It fall, as 59 investors sold Eaton Corporation plc shares while 280 reduced holdings. 80 funds opened positions while 259 raised stakes. 330.10 million shares or 0.23% less from 330.85 million shares in 2017Q2 were reported.
Telemus Ltd invested in 17,665 shares. Charter accumulated 2,957 shares. 43,056 were reported by Sumitomo Life Insurance. General American Company holds 1.38% or 189,131 shares in its portfolio. Shamrock Asset Mgmt Ltd Limited Liability Company stated it has 0.01% of its portfolio in Eaton Corporation plc (NYSE:ETN). Dupont Cap accumulated 40,586 shares. Optimum Inv holds 16,335 shares. Illinois-based Blair William And Communication Il has invested 0.02% in Eaton Corporation plc (NYSE:ETN). Caprock Gru, a Idaho-based fund reported 12,748 shares. 2,803 were accumulated by Fayez Sarofim & Comm. Fenimore Asset Management invested 0.01% in Eaton Corporation plc (NYSE:ETN). Farmers And Merchants Investments has invested 0% in Eaton Corporation plc (NYSE:ETN). Rnc Limited Liability Company, a California-based fund reported 35,476 shares. Andra Ap, a Alabama-based fund reported 63,500 shares. Moreover, Profund Limited Liability Corp has 0.04% invested in Eaton Corporation plc (NYSE:ETN).

Analysts expect Eaton Corporation plc (NYSE:ETN) to report $1.24 EPS on February, 1.They anticipate $0.12 EPS change or 10.71 % from last quarter’s $1.12 EPS. ETN’s profit would be $546.34M giving it 16.93 P/E if the $1.24 EPS is correct. After having $1.25 EPS previously, Eaton Corporation plc’s analysts see -0.80 % EPS growth. The stock increased 0.47% or $0.39 during the last trading session, reaching $83.95. About 3.22M shares traded or 34.99% up from the average. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since January 21, 2017 and is uptrending. It has outperformed by 14.32% the S&P500.

Eaton Corporation plc (NYSE:ETN) Ratings Coverage

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 8 have Buy rating, 4 Sell and 17 Hold. Therefore 28% are positive. Eaton Corporation had 77 analyst reports since July 31, 2015 according to SRatingsIntel. As per Wednesday, January 3, the company rating was upgraded by Robert W. Baird. The firm has “Buy” rating given on Thursday, February 4 by Citigroup. The company was maintained on Monday, May 2 by Bernstein. The stock of Eaton Corporation plc (NYSE:ETN) earned “Hold” rating by Deutsche Bank on Tuesday, August 25. The stock of Eaton Corporation plc (NYSE:ETN) earned “Neutral” rating by JP Morgan on Friday, February 3. On Thursday, October 15 the stock rating was initiated by Avondale with “Market Perform”. The firm has “Hold” rating given on Sunday, December 10 by Stifel Nicolaus. Stifel Nicolaus maintained Eaton Corporation plc (NYSE:ETN) on Friday, January 19 with “Hold” rating. JP Morgan downgraded the shares of ETN in report on Friday, October 9 to “Neutral” rating. RBC Capital Markets maintained Eaton Corporation plc (NYSE:ETN) on Tuesday, August 1 with “Hold” rating.

Eaton Corporation plc operates as a power management firm worldwide. The company has market cap of $36.99 billion. The Company’s Electrical Products segment offers electrical and industrial components, residential products, single phase power quality products, emergency lighting and fire detection products, wiring devices, structural support systems, and circuit protection and lighting products. It has a 13.23 P/E ratio. 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, power reliability equipment, and services.

More notable recent Eaton Corporation plc (NYSE:ETN) news were published by: Benzinga.com which released: “Nissan-Eaton Partnership Another Example Of Tesla’s Innovation Impact” on May 12, 2016, also Investorplace.com with their article: “Eaton Corporation: Manufacturing Safe Dividends Since 1923 (ETN)” published on May 12, 2016, Marketwatch.com published: “Eaton Corp. PLC” on July 20, 2009. More interesting news about Eaton Corporation plc (NYSE:ETN) were released by: Benzinga.com and their article: “A Few Positive Aspects Of Parker-Hannifin Already Priced In; Buckingham Downgrades” published on January 19, 2018 as well as Benzinga.com‘s news article titled: “Your Easy Guide To Credit Suisse’s New Top Stocks List” with publication date: September 11, 2017.

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