Even In This Rich Market, Eaton Corporation Plc Is Offering Investors Value

newsfeedback@fool.com (Reuben Gregg Brewer), The Motley Fool
Mon, 07/16/2018 - 4:16am

Like many industrial companies, Eaton Corporation plc (NYSE: ETN) went through a rough patch a few years ago. Then its business started to pick up again, and the stock rallied. This year, though, Eaton's stock has gone sideways even though the company's business continues to improve. Add in a 3.5% yield, and this globally diversified industrial giant is offering investors a lot of value despite the rich valuation of the overall market.Eaton is trading with a trailing price-to-earnings ratio of roughly 11 today.

NEXT
Topics:  eaton corporation    nyse   etn    vanguard industrials etf    that   images   eaton   p/e   rich   market   offering investors   stock   average   relative   broader   business   cheap   
BING NEWS:
  • Eaton (ETN) Dips More Than Broader Market: What You Should Know
    In the latest trading session, Eaton (ETN) closed at $308.94, marking a -0.4% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.22%. Meanwhile, the Dow ...
    04/18/2024 - 10:45 am | View Link
  • How Is The Market Feeling About Eaton Corp?
    Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...
    04/10/2024 - 9:00 am | View Link
  • Eaton Is Poised To Benefit From 'Ongoing Electrical Super-Cycle,' Says Bullish Analyst
    Shares of Eaton Corporation PLC (NYSE: ETN) were climbing in early trading on Friday, despite concerns around stocks with high valuations. With multi-year catalysts ahead, the company appears to be ...
    04/5/2024 - 4:18 am | View Link
  • Eaton Corporation plc (ETN) Stock: A Closer Look at the Moving Averages
    Eaton Corporation plc (NYSE: ETN) has a price-to-earnings ratio of 39.30x that is above its average ratio. Additionally, the 36-month beta value for ETN is 1.07. There are mixed opinions on the stock, ...
    12/14/2023 - 7:25 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News

  • Watch Ryan Gosling do carpool karaoke — with a stuntman twist
    Mashable, Wednesday - 04/24/2024 - 01:41 PM

    Ryan Gosling sang in Barbie. He sang at the Oscars. He even sang about Barbie on Saturday Night Live. Now, the Academy Award nominee continues his singing streak with a promotional video for The Fall Guy, a film in which he plays a stuntman. SEE ALSO: 'The Fall Guy' review: Ryan Gosling and Emily Blunt make movie magic In the clip, The Fall Guy director David Leitch tasks Ryan Gosling with driving around and picking up his stuntmen.

    More | Talk | Read It Later | Share
  • 'Jim Henson Idea Man' trailer: Meet the man behind the Muppets
    Mashable, Wednesday - 04/24/2024 - 12:47 PM

    Between the Muppets, Sesame Street, and fantasy films like The Dark Crystal and Labyrinth, there's a good chance Jim Henson played a key part in your childhood. Want to know more about the man behind the puppets? Check out the first trailer for the upcoming Disney+ documentary Jim Henson Idea Man, which dives deep into Henson's storied life and career.

    More | Talk | Read It Later | Share
  • Get a Blueair Air Purifier for 30% off at Amazon and breathe easy
    Mashable, Wednesday - 04/24/2024 - 12:42 PM

    SAVE $70: As of April 24, get the Blueair Air Purifier for $159.99 at Amazon. That's a discount of 30%. Opens in a new window Credit: Amazon Blueair Air Purifier $159.99 at Amazon $229.99 Save $70.00 Get Deal Whether you have severe allergies or you sniffle here and there due to pet dander, dealing with not-so-fresh air in your home can be a nightmare.

    More | Talk | Read It Later | Share
  • The TikTok ban is law. Here's what happens next.
    Mashable, Wednesday - 04/24/2024 - 12:35 PM

    President Joe Biden signed a bill into law on Wednesday that could, effectively, ban TikTok in the U. S. But that doesn't mean you'll be without the app right now or, really, anytime soon. Like any bill, things are complicated. The bill Biden signed is primarily a foreign aid package that'll send $60 billion to Ukraine to fight Russia's invasion and some $26 billion to both Israel and relief in Gaza.

    More | Talk | Read It Later | Share
  • Calling all business owners: Save 25% on the Square Reader with Amazon Prime
    Mashable, Wednesday - 04/24/2024 - 12:31 PM

    SAVE 25%: The Square Reader (2nd gen) for contactless and chip transactions is just $44.43 at Amazon for Prime members, down from the usual price of $58.99. That's a savings of $14.56. Opens in a new window Credit: Square Square Reader (2nd gen) for contactless and chip payment $44.43 at Amazon $58.99 Save $14.56 Prime membership required Get Deal Owning a small business comes with plenty of challenges, but a few hurdles are becoming easier thanks to tech advancements.

    More | Talk | Read It Later | Share
  • Microsoft launches Phi-3 Mini, a tiny AI model that packs a punch
    Mashable, Wednesday - 04/24/2024 - 12:24 PM

    Microsoft released Phi-3 Mini, a new version of its lightweight AI model designed for specific tasks. According to the research paper published earlier this week, Phi-3 Mini has 3.8 billion parameters which is significantly less than other models like OpenAI's GPT-4, making it small enough to be deployed on a smartphone.

    More | Talk | Read It Later | Share