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Stock Charts AI Power Rank: 1.5
Power Rank trend -> Falling
07/26/2024 16:15:00 EST
Eaton Corporation PLC (ETN)
Industry: Specialty Industrial Machinery
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, ETN has been trading in a range between $332.46 and $309.07 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Eaton Corporation PLC $ETN entered a Red zone 3 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $231.88, a potential down side of -22.13% from the recent price of 297.79. The stock is trading 15.92% (potential upside) below its 52 week high of $345.19 and 56.82 % (potential downside) above its 52 week low of $189.89 - based on the recent price.
Company Summary
Eaton Corporation plc operates as a power management company worldwide The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; and wiring connectors and cables, as well as hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications.
News
| Eaton (ETN) Surpasses Market Returns: Some Facts Worth Knowing Eaton (ETN) closed the most recent trading day at $297.79, moving +1.68% from the previous trading session. Source: Zacks Investment Research Fri, 26 Jul 2024 18:52:23 -0400 Sentiment: Positive |
| Eaton: AI/Electrification Catalysts Persists - Buy The Dip Recent market volatility has driven Eaton Corp stock down 15%. However, Eaton remains a primary beneficiary of the global catalysts in AI, EV, and grid electrification/modernization. Eaton's backlog in Electrical and Aerospace Segments is booming, with continued strong book-to-bill ratios. Source: Seeking Alpha Fri, 26 Jul 2024 12:01:08 -0400 Sentiment: Positive |
| Eaton (ETN) Earnings Expected to Grow: Should You Buy? Eaton (ETN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Source: Zacks Investment Research Thu, 25 Jul 2024 11:06:36 -0400 Sentiment: Positive |
| Investors Heavily Search Eaton Corporation, PLC (ETN): Here is What You Need to Know Recently, Zacks.com users have been paying close attention to Eaton (ETN). This makes it worthwhile to examine what the stock has in store. Source: Zacks Investment Research Thu, 25 Jul 2024 10:01:47 -0400 Sentiment: Positive |
| Karenann Terrell elected to Eaton's Board of Directors DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that Karenann Terrell has been elected to the company's Board of Directors effective July 24, 2024. Terrell is the retired chief digital and technology officer of GSK plc (GlaxoSmithKline), a British multinational pharmaceutical and biotechnology company. Prior to that role, Terrell served as the chief information officer of Walmart Inc. Before joining Walmart, Terrell was chief information officer of. Source: Business Wire Wed, 24 Jul 2024 16:15:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 345.19 52 Week Low: 189.8926 Beta: 1.011 50 Day MA: 322.5426 200 Day MA: 278.3907 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.283 Qtr Revenue Growth YOY: 0.084 Forward PE: 31.0559 Trailing PE: 35.1998