How Is Eaton's Stock Performance Compared to Other Power Infrastructure and Management Stocks?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
0mins
Should l Buy ETN?
Source: NASDAQ.COM
Company Overview and Performance: Eaton Corporation, a diversified power management company based in Dublin, has seen significant stock growth, with a 62.2% increase over the past year and a recent all-time high of $379.99. Despite a slight dip after Q3 results, the company remains confident in its strong demand environment and positive momentum into 2025.
Analyst Ratings and Market Position: The consensus rating for Eaton's stock is a "Moderate Buy" among analysts, with the stock trading just below its mean price target of $375.06. Eaton has outperformed peers like AMETEK, Inc., showcasing its robust market position and effective execution strategies.
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Analyst Views on ETN
Wall Street analysts forecast ETN stock price to rise
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 390.330
Low
340.00
Averages
401.36
High
440.00
Current: 390.330
Low
340.00
Averages
401.36
High
440.00
About ETN
Eaton Corporation plc is an intelligent power management company. Its Electrical Americas segment consists of electrical components, industrial components, power distribution and assemblies, residential products, single phase power quality and connectivity, wiring devices and others. The Electrical Global segment consists of electrical components, industrial components, power distribution and assemblies, single phase and three phase power quality, and services. The Aerospace segment is a global supplier of aerospace fuel, hydraulics, and pneumatic systems for commercial and military use and filtration systems for industrial applications. The Vehicle segment designs, manufactures, markets, and supplies of drivetrain, powertrain systems and critical components. The eMobility segment designs, manufactures, markets, and supplies mechanical, electrical, and electronic components and systems. The Company is also engaged in providing thermal monitoring for critical electrical equipment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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