- Eaton (ETN, Financial) maintains a steady dividend payout, indicating financial stability.
- Analysts predict significant upside potential for Eaton's stock.
- GuruFocus' GF Value suggests current stock is slightly overvalued.
Eaton (ETN) recently declared its commitment to rewarding shareholders by maintaining a steady quarterly dividend of $1.04 per share. This decision keeps its forward dividend yield steady at 1.57%, with the next payment scheduled for May 23 to shareholders of record by May 5.
Wall Street Analysts' Projections
According to insights gathered from 22 analysts, Eaton Corp PLC (ETN, Financial) is anticipated to reach an average target price of $341.42 over the next year. Projections vary significantly, with a high estimate of $418.18 and a low of $270.00. This average target highlights a potential upside of 27.59% relative to its current trading price of $267.59. For a deeper dive into these estimates, visit the Eaton Corp PLC (ETN) Forecast page.
The consensus from 28 brokerage firms positions Eaton Corp PLC (ETN, Financial) with an average brokerage recommendation of 2.2. This rating suggests an "Outperform" status on a scale where 1 equates to a Strong Buy and 5 to a Sell.
Evaluating Eaton's Fair Value: The GuruFocus Perspective
In the context of GuruFocus' proprietary metrics, Eaton's estimated GF Value for the upcoming year is $264.61. This valuation implies a minor downside of 1.11% from its current stock price of $267.59. The GF Value, GuruFocus' benchmark for determining a stock's fair trading value, is computed based on historical trading multiples, past growth patterns, and future performance predictions. For further detailed analysis, explore the Eaton Corp PLC (ETN, Financial) Summary page.
