stock quote etn Latest Stock Performance and Financial Strength

Etn's latest stock performance has been impressive, with a 12-month return of 25.6% as of the latest available data.

The company's strong financials have contributed to this growth, with a current ratio of 2.3, indicating its ability to meet short-term obligations.

Etn's revenue has consistently increased over the past few years, with a 15% growth rate in the most recent quarter.

This sustained growth is a testament to the company's solid business model and efficient operations.

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According to 20 analysts, the average rating for ETN stock is "Buy."

The 12-month stock price forecast is a significant increase of 18.02% from the latest price, aiming for $369.0.

The company data section is a crucial part of stock quote analysis, and I'm excited to dive into the specifics.

The sales per share for 2023 was $57.83, a significant increase from the previous year.

The P/E ratio for 2023 was 30.02, indicating a moderate valuation multiple.

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A closer look at the dividend yield reveals that it was 1.43% in 2023, a relatively low yield compared to previous years.

The equity ratio was 49.62% in 2023, indicating a moderate level of leverage.

Here's a summary of the key data points:

The debt ratio was 50.38% in 2023, indicating a moderate level of debt.

Overall, the company data suggests a moderate level of leverage and a relatively low dividend yield.

Eaton Corporation's stock has seen significant growth over the past few years, with a 5-year change of 226.26% and a 3-year change of 96.65%.

In 2023, Eaton's revenue increased by 11.78% to $23.20 billion, and earnings rose by 30.71% to $3.22 billion.

Eaton's current share price is $311.55, with a 52-week high of $379.99 and a 52-week low of $244.35.

Here's a summary of Eaton's key performance indicators:

Eaton Corporation's financial performance has been impressive in 2023, with revenue reaching $23.20 billion, a 11.78% increase from the previous year.

The company's earnings also saw a significant boost, rising by 30.71% to $3.22 billion. This growth is a testament to Eaton's strong financial health and ability to adapt to changing market conditions.

Eaton's share price has been trading at around $311.55, with a 52-week high of $379.99 and a 52-week low of $244.35.

Here's a breakdown of Eaton's key data for the past few years:

Eaton's debt ratio has been relatively stable, ranging from 47.00% to 53.00% over the past few years, indicating a manageable level of debt.

The company's equity ratio has also been steadily increasing, reaching 49.62% in 2023, indicating a strong balance sheet.

The NYSE data delay is a thing of the past, with updates now available as of January 28, 2025, at 04:00 PM ET. The after-market price for the stock is $312.83, with a gain of $0.16 (0.05%) at 5:02 PM ET.

The Zacks Rank system is a great tool for investors, with a Strong Buy rating indicating a 24.30% annualized return. This is compared to a Buy rating, which has a 18.13% annualized return.

The Zacks Rank system is based on the trading styles of Value, Growth, and Momentum, with a VGM Score combining the weighted average of the individual style scores into one score. This score is crucial in determining the stock's performance, with an A rating indicating a strong performance.

The Zacks Style Scores Education section provides more information on how to use the scores to your advantage. According to the section, an A rating is better than a B, and a B is better than a C. This means that investors should look for stocks with a Zacks Rank #1 or #2 and a Score of an A or a B.

Here's a summary of the Zacks Rank system:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. This rating is crucial in determining the industry's performance, with a higher rating indicating a better performance.

Eaton Corporation's financial strength is a key aspect to consider when evaluating the stock. The company has a cash-to-debt ratio of 0.2, indicating that it has a relatively low amount of cash compared to its debt.

The debt-to-equity ratio is 0.53, showing that the company's debt is relatively manageable compared to its equity. This is a positive sign for investors.

Eaton's debt-to-EBITDA ratio is 1.83, which is higher than the average industry ratio. This suggests that the company may be carrying a higher level of debt compared to its earnings.

The interest coverage ratio is 39.01, indicating that the company has a strong ability to pay its interest expenses. This is a positive sign for investors.

Here's a summary of Eaton's financial strength metrics:

Overall, Eaton Corporation's financial strength is a mixed bag, with some positive signs and some areas for concern.