Over the past week, the XLI ETF has been consolidating in a tight range, with its 20 and 50-day Simple Moving Averages (SMA) acting as resistance. A breakout above these levels could transform the ETF's daily chart from indicating a potential double-top to showcasing a bullish consolidation on the verge of a significant breakout. This setup indicates that the sector might be gearing up for a strong upward move if resistance turns into support soon. So, let's examine the sector and its ETF more closely and e ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Eaton (ETN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Eaton currently has an average brokerage recommendation (ABR) of ...

It has been about a month since the last earnings report for Eaton (ETN) . Shares have added about 6.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Eaton Q1 Earnings Beat Estimates, 2024 View Raised Eaton Co ...

业绩总结 - 公司2024年第一季度实现归母净利润8.2亿美元，同比增长29%[6] - 美洲电气业务实现营业收入26.9亿美元，同比增长17%，经营利润率为29.2%[8] - 公司在手订单增长强劲，电气化业务订单同比增长19%，航空航天业务订单同比增长6%[10] - 公司将2024年北美电气化业务增速上修1%，经营利润率提高1.0pct至27.8%-28.2%[12] - 调整EPS提高0.25美元至10.2-10.6美元，收入增长率提高0.5%至7%-9%[13] - 预计2024-2026年公司实现营业收入249/265/281亿美元，同比增长7%/6%/6%[13]

Eaton Corp. plc (ETN) , with its rising backlogs, systematic capital expenditure, rising earnings estimates and strong ROE, offers a great investment opportunity in the Industrial Products sector. Let's focus on the reasons that make this Zacks Rank #2 (Buy) stock a solid investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for ETN's 2024 earnings per share (EPS) has increased 3.2% to $10.56 in the past 90 days. The Zacks Consensus Estimate for ETN's total revenu ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Eaton (ETN) . Eaton currently has an average brokerage recommendation (ABR ...

Eaton (ETN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this power management company have returned +5.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Manufacturing - Electronics industry, to which Eaton belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term?Although m ...

Industrial stocks have been on a tear, and there are various reasons for optimism. The Biden Administration’s Infrastructure Investment and Jobs Act (IIJA) authorized spending $850 billion across hundreds of different projects around the nation. Disbursement of that money is already well under way, with a great deal of jobs and economy activity arising as a result; this has been a massive stimulative event for industrial stocks.In addition, technological breakthroughs are driving activity in the space. Elec ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...