Eaton Corporation plc (ETN) Analysts See $1.06 EPS

April 24, 2018 - By Vivian Currie

Eaton Corporation plc (NYSE:ETN) LogoInvestors sentiment increased to 1.15 in 2017 Q4. Its up 0.15, from 1 in 2017Q3. It is positive, as 41 investors sold Eaton Corporation plc shares while 281 reduced holdings. 104 funds opened positions while 267 raised stakes. 331.54 million shares or 0.44% more from 330.10 million shares in 2017Q3 were reported.
Highstreet Asset Management Incorporated owns 4,762 shares. Davidson Invest Advisors has invested 0.99% in Eaton Corporation plc (NYSE:ETN). 222,710 were reported by Churchill Management. Argent Tru holds 0.06% or 2,925 shares. Toronto Dominion National Bank invested in 190,038 shares or 0.04% of the stock. Deprince Race Zollo Inc holds 0.49% of its portfolio in Eaton Corporation plc (NYSE:ETN) for 280,956 shares. Capital City Fl invested in 18,732 shares or 0.61% of the stock. Arrow Fincl Corp accumulated 1,250 shares. Ahl Ptnrs Llp holds 0.24% of its portfolio in Eaton Corporation plc (NYSE:ETN) for 191,557 shares. King Wealth Management Grp Limited Com has invested 0.09% of its portfolio in Eaton Corporation plc (NYSE:ETN). Eqis Cap Incorporated holds 42,092 shares. Us Bank De holds 0.09% in Eaton Corporation plc (NYSE:ETN) or 363,312 shares. Estabrook Cap Mngmt owns 0.53% invested in Eaton Corporation plc (NYSE:ETN) for 44,499 shares. Eagleclaw Cap Managment Ltd Com owns 47,175 shares. Atlantic Tru Gru Ltd Llc, a Georgia-based fund reported 43,782 shares.

Analysts expect Eaton Corporation plc (NYSE:ETN) to report $1.06 EPS on May, 1 before the open.They anticipate $0.10 EPS change or 10.42 % from last quarter’s $0.96 EPS. ETN’s profit would be $464.39M giving it 17.91 P/E if the $1.06 EPS is correct. After having $1.29 EPS previously, Eaton Corporation plc’s analysts see -17.83 % EPS growth. The stock decreased 3.31% or $2.6 during the last trading session, reaching $75.93. About 3.01 million shares traded. Eaton Corporation plc (NYSE:ETN) has risen 9.67% since April 25, 2017 and is uptrending. It has underperformed by 1.88% the S&P500.

Eaton Corporation plc (NYSE:ETN) Ratings Coverage

Among 12 analysts covering Eaton Corporation (NYSE:ETN), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Eaton Corporation had 20 analyst reports since November 1, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Monday, February 5 by Stifel Nicolaus. As per Tuesday, April 10, the company rating was upgraded by Goldman Sachs. The firm has “Buy” rating by Citigroup given on Thursday, November 2. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, January 2. The stock of Eaton Corporation plc (NYSE:ETN) has “Hold” rating given on Wednesday, January 3 by RBC Capital Markets. The rating was maintained by Jefferies on Wednesday, November 1 with “Hold”. On Thursday, February 1 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was upgraded by J.P. Morgan to “Hold” on Thursday, March 1. The rating was upgraded by Jefferies to “Buy” on Monday, March 26. As per Wednesday, November 1, the company rating was maintained by Credit Suisse.

Eaton Corporation plc operates as a power management firm worldwide. The company has market cap of $33.27 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 11.37 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.

Eaton Corporation plc (NYSE:ETN) Ratings Chart

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