Eaton Plc Stock Today

ETN Stock  USD 308.94  1.24  0.40%   

Performance

20 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Eaton PLC is selling at 308.94 as of the 19th of April 2024; that is -0.4 percent down since the beginning of the trading day. The stock's open price was 310.18. Eaton PLC has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Eaton PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
1st of June 1972
Category
Industrials
Eaton Corporation plc operates as a power management company worldwide. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland. Eaton Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 399.89 M outstanding shares of which 3.64 M shares are currently shorted by investors with about 1.83 days to cover. More on Eaton PLC

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Eaton Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eaton PLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eaton PLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Eaton PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eaton PLC's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanAlexander Cutler
Thematic Ideas
(View all Themes)
Old NameEtna Software Technologies S.A.
Business ConcentrationElectrical Components & Equipment, Specialty Industrial Machinery, Industrials, NYSE Composite, SP 500 Index, ESG Investing, Machinery, Climate Change, Industrials, Electrical Equipment, Specialty Industrial Machinery, Industrials (View all Sectors)
Excise Tax ActivitiesMilitary Contract
Average Analyst Recommendation
Analysts covering Eaton PLC report their recommendations after researching Eaton PLC's financial statements, talking to executives and customers, or listening in on Eaton PLC's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eaton PLC. The Eaton consensus assessment is calculated by taking the average forecast from all of the analysts covering Eaton PLC.
Financial Strength
Based on the measurements of operating efficiency obtained from Eaton PLC's historical financial statements, Eaton PLC is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Eaton PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04740.0837
Way Down
Very volatile
Asset Turnover1.060.6036
Way Up
Pretty Stable
Gross Profit Margin0.240.3636
Way Down
Pretty Stable
Total Current Liabilities8.1 B7.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total6.2 B11.6 B
Way Down
Pretty Stable
Total Assets40.4 B38.4 B
Sufficiently Up
Slightly volatile
Total Current Assets12.3 B11.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities3.8 B3.6 B
Sufficiently Up
Slightly volatile
Eaton PLC's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eaton PLC's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eaton PLC's financial leverage. It provides some insight into what part of Eaton PLC's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Eaton PLC's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Eaton PLC deploys its capital and how much of that capital is borrowed.
Liquidity
Eaton PLC cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 9.94 B in debt with debt to equity (D/E) ratio of 0.59, which is OK given its current industry classification. Eaton PLC has a current ratio of 1.25, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Eaton PLC until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton PLC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton PLC's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(55.1 Million)
Eaton PLC (ETN) is traded on New York Stock Exchange in USA. It is located in Eaton House, Dublin, Ireland, D04 Y0C2 and employs 94,000 people. Eaton PLC is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 123.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eaton PLC's market, we take the total number of its shares issued and multiply it by Eaton PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eaton PLC runs under Electrical Equipment sector within Industrials industry. The entity has 399.89 M outstanding shares of which 3.64 M shares are currently shorted by investors with about 1.83 days to cover. Eaton PLC has about 518 M in cash with 3.62 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3.
Check Eaton PLC Probability Of Bankruptcy
Ownership Allocation
Eaton PLC retains a total of 399.89 Million outstanding shares. The majority of Eaton PLC outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Eaton PLC to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Eaton PLC. Please pay attention to any change in the institutional holdings of Eaton PLC as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Eaton Ownership Details

Eaton Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Eaton PLC jumping above the current price in 90 days from now is about 20.3%. The Eaton PLC probability density function shows the probability of Eaton PLC stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3143 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Eaton PLC will likely underperform. Additionally, eaton PLC has an alpha of 0.3015, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 308.94HorizonTargetOdds Above 308.94
79.58%90 days
 308.94 
20.30%
Based on a normal probability distribution, the odds of Eaton PLC to move above the current price in 90 days from now is about 20.3 (This Eaton PLC probability density function shows the probability of Eaton Stock to fall within a particular range of prices over 90 days) .

Eaton Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Eaton PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eaton PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eaton PLC's value.
InstituionRecorded OnShares
Alliancebernstein L.p.2023-12-31
4.8 M
Northern Trust Corp2023-12-31
4.8 M
Bank Of New York Mellon Corp2023-12-31
4.8 M
Norges Bank2023-12-31
4.5 M
Ameriprise Financial Inc2023-12-31
4.4 M
Clearbridge Advisors, Llc2023-12-31
4.2 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2023-12-31
4.1 M
Coatue Management Llc2023-12-31
M
Raymond James & Associates2023-12-31
3.7 M
Vanguard Group Inc2023-12-31
36.6 M
Blackrock Inc2023-12-31
27.3 M
View Eaton PLC Diagnostics

Eaton PLC Historical Income Statement

Eaton PLC Income Statement is one of the three primary financial statements used for reporting Eaton's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eaton PLC revenue and expense. Eaton PLC Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Eaton PLC's Net Income is very stable compared to the past year. As of the 19th of April 2024, Income Tax Expense is likely to grow to about 634.2 M, though Depreciation And Amortization is likely to grow to (59.9 M). View More Fundamentals

Eaton Stock Against Markets

Picking the right benchmark for Eaton PLC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eaton PLC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eaton PLC is critical whether you are bullish or bearish towards Eaton PLC at a given time. Please also check how Eaton PLC's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eaton PLC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Eaton PLC Corporate Directors

Eaton PLC corporate directors refer to members of an Eaton PLC board of directors. The board of directors generally takes responsibility for the Eaton PLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eaton PLC's board members must vote for the resolution. The Eaton PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gerald SmithIndependent DirectorProfile
Silvio NapoliIndependent DirectorProfile
Todd BluedornIndependent DirectorProfile
Charles GoldenIndependent DirectorProfile

How to buy Eaton Stock?

Before investing in Eaton PLC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eaton PLC. To buy Eaton PLC stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eaton PLC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Eaton PLC stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Eaton PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Eaton PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eaton PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Eaton Stock please use our How to Invest in Eaton PLC guide.

Already Invested in Eaton PLC?

The danger of trading Eaton PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eaton PLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eaton PLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eaton PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eaton PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.
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Is Eaton PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton PLC. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.304
Dividend Share
3.44
Earnings Share
8.03
Revenue Per Share
58.121
Quarterly Revenue Growth
0.108
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.