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ETN / Eaton Corporation: A Growth Opportunity At A Fair Price

Eaton Corporation: A Growth Opportunity At A Fair Price
Eaton Corporation is experiencing strong growth due to demand from megatrends such as vehicle electrification and green energy, with its Electrical Americas and Electrical Global segments making up 75% of total revenue. The company has a solid backlog of orders worth $3.9 billion, and its eMobility segment is expected to see significant growth in the near term as the EV market expands. Investment risks include a potential slowdown in orders and the impact of increasing interest rates on mega project announcements; however, ETN's strong financials and cash flows make it a viable investment opportunity, earning a "buy" rating. Read More
Posted: Jun 12 2023, 00:48
Author Name: Seeking Alpha
Views: 112543

ETN News  

Why Eaton Shares Were on the Rise Today

By The Motley Fool
October 31, 2023

Why Eaton Shares Were on the Rise Today

Eaton handily beat analyst estimates and raised guidance. This industrial giant is benefiting from the U.S. clean infrastructure buildout. more_horizontal

Eaton (ETN) Q3 Earnings Beat Estimates, 2023 Guidance Raised

By Zacks Investment Research
October 31, 2023

Eaton (ETN) Q3 Earnings Beat Estimates, 2023 Guidance Raised

Eaton's (ETN) third-quarter earnings are better than expected, courtesy of improving organic sales in most of the segments and positive currency trans more_horizontal

Eaton (ETN) Surpasses Q3 Earnings Estimates

By Zacks Investment Research
October 31, 2023

Eaton (ETN) Surpasses Q3 Earnings Estimates

Eaton (ETN) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of more_horizontal

Eaton (ETN) to Report Q3 Earnings: What's in the Offing?

By Zacks Investment Research
October 25, 2023

Eaton (ETN) to Report Q3 Earnings: What's in the Offing?

Eaton's (ETN) third-quarter earnings are likely to have gained from solid contributions from organic assets and higher defense spending on equipment m more_horizontal

What Makes Eaton (ETN) a New Strong Buy Stock

By Zacks Investment Research
October 2, 2023

What Makes Eaton (ETN) a New Strong Buy Stock

Eaton (ETN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive th more_horizontal

Eaton (ETN) Invests $150M, To Assist in Clean Energy Transition

By Zacks Investment Research
September 13, 2023

Eaton (ETN) Invests $150M, To Assist in Clean Energy Transition

Eaton (ETN) continues to invest in the production of high-quality products and assists its customers in energy transition. more_horizontal

Here's Why You Should Add Eaton (ETN) to Your Portfolio Now

By Zacks Investment Research
September 13, 2023

Here's Why You Should Add Eaton (ETN) to Your Portfolio Now

Eaton (ETN) makes a strong case for investment, given its earnings growth prospects, strong return on equity and ability to increase shareholders' val more_horizontal

Eaton to invest another $150 million in North America operations, create 600 jobs at a new El Paso plant

By Market Watch
September 13, 2023

Eaton to invest another $150 million in North America operations, create 600 jobs at a new El Paso plant

Power management company Eaton Corp. ETN, -4.26% said Wednesday it will invest an additional $150 million to expand supply of its electrical power dis more_horizontal


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