According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.3% and a 69.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies Inc, Transdigm Group Inc, and Huntington Ingalls.
Emerson Electric Company has an analyst consensus of Moderate Buy, with a price target consensus of $72, representing a 19.3% upside. In a report issued on July 30, Citigroup also maintained a Buy rating on the stock with a $77 price target.
See today’s analyst top recommended stocks >>
Based on Emerson Electric Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.68 billion and net profit of $604 million. In comparison, last year the company earned revenue of $4.46 billion and had a net profit of $712 million.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Emerson Electric Co. engages in the provision of measurement and analytical instrumentation; industrial valves & equipment; process control systems, tools & appliance solutions for customers in a range of industrial, commercial and consumer markets.