|Bid||70.34 x 800|
|Ask||70.37 x 900|
|Day's Range||70.11 - 70.73|
|52 Week Range||37.75 - 78.38|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||21.96|
|Earnings Date||Nov 03, 2020|
|Forward Dividend & Yield||2.00 (2.85%)|
|Ex-Dividend Date||Aug 13, 2020|
|1y Target Est||73.15|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Emerson Electric Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service says that Emerson Electric Company ("Emerson") announced on August 27, 2020 that it had entered into an agreement to purchase Open Systems International, Inc (OSI) for $1.6 billion in cash. OSI is a grid automation software solution provider for utilities, which Emerson intends to integrate into its Automated Solutions segment.
Emerson Electric (EMR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.