Eaton Plc Stock Buy Hold or Sell Recommendation
| ETN Stock | USD 308.09 5.07 1.67% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Eaton PLC is 'Strong Buy'. Macroaxis provides Eaton PLC buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ETN positions. The advice algorithm takes into account all of Eaton PLC's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Eaton PLC's buy or sell advice are summarized below:
Real Value 290.45 | Target Price 231.88 | Hype Value 304.54 | Market Value 308.09 | Naive Value 297.09 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eaton PLC given historical horizon and risk tolerance towards Eaton PLC. When Macroaxis issues a 'buy' or 'sell' recommendation for Eaton PLC, the advice is generated through an automated system that utilizes algorithms and statistical models.
Eaton |
Execute Eaton PLC Buy or Sell Advice
The Eaton recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eaton PLC. Macroaxis does not own or have any residual interests in Eaton PLC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eaton PLC's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Eaton PLC Trading Alerts and Improvement Suggestions
| Eaton PLC has a strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Eaton to announce first quarter 2024 earnings on April 30, 2024 |
Eaton PLC Returns Distribution Density
The distribution of Eaton PLC's historical returns is an attempt to chart the uncertainty of Eaton PLC's future price movements. The chart of the probability distribution of Eaton PLC daily returns describes the distribution of returns around its average expected value. We use Eaton PLC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eaton PLC returns is essential to provide solid investment advice for Eaton PLC.
| Mean Return | 0.39 | Value At Risk | -1.64 | Potential Upside | 2.26 | Standard Deviation | 1.54 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eaton PLC historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eaton Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Eaton PLC is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eaton PLC backward and forwards among themselves. Eaton PLC's institutional investor refers to the entity that pools money to purchase Eaton PLC's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alliancebernstein L.p. | 2023-12-31 | 4.8 M | Northern Trust Corp | 2023-12-31 | 4.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 4.8 M | Norges Bank | 2023-12-31 | 4.5 M | Ameriprise Financial Inc | 2023-12-31 | 4.4 M | Clearbridge Advisors, Llc | 2023-12-31 | 4.2 M | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 4.1 M | Coatue Management Llc | 2023-12-31 | 4 M | Raymond James & Associates | 2023-12-31 | 3.7 M | Vanguard Group Inc | 2023-12-31 | 36.6 M | Blackrock Inc | 2023-12-31 | 27.3 M |
Eaton PLC Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (60M) | 371M | (629M) | (490M) | (282M) | (267.9M) | |
| Change In Cash | 87M | 68M | (141M) | (3M) | 194M | 203.7M | |
| Free Cash Flow | 2.9B | 2.6B | 1.6B | 1.9B | 2.9B | 3.0B | |
| Depreciation | 884M | 811M | 922M | 954M | 926M | 605.5M | |
| Other Non Cash Items | 138M | 50M | (341M) | (54M) | (310M) | (294.5M) | |
| Dividends Paid | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B | 1.4B | |
| Capital Expenditures | 587M | 389M | 575M | 598M | 757M | 454.4M | |
| Net Income | 2.1B | 2.2B | 1.4B | 2.5B | 3.2B | 3.4B | |
| End Period Cash Flow | 370M | 438M | 297M | 294M | 488M | 512.4M | |
| Change To Netincome | (241M) | (190M) | 2M | (401M) | (171M) | (179.6M) | |
| Investments | 70M | (347M) | 228M | (108M) | (2.0B) | (1.9B) | |
| Change Receivables | 200M | 219M | (271M) | (743M) | (668.7M) | (635.3M) | |
| Net Borrowings | 1.2B | (503M) | 805M | 300M | 270M | 256.5M |
Eaton PLC Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eaton PLC or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eaton PLC's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eaton stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.28 | |
β | Beta against NYSE Composite | 1.24 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.20 |
Eaton PLC Volatility Alert
Eaton PLC has relatively low volatility with skewness of 1.28 and kurtosis of 6.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eaton PLC's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eaton PLC's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eaton PLC Implied Volatility
Eaton PLC's implied volatility exposes the market's sentiment of Eaton PLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eaton PLC's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eaton PLC stock will not fluctuate a lot when Eaton PLC's options are near their expiration.
Eaton PLC Fundamentals Vs Peers
Comparing Eaton PLC's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eaton PLC's direct or indirect competition across all of the common fundamentals between Eaton PLC and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eaton PLC or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eaton PLC's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eaton PLC by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eaton PLC to competition |
| Fundamentals | Eaton PLC | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0669 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 128.42 B | 16.62 B |
| Shares Outstanding | 399.89 M | 571.82 M |
| Shares Owned By Insiders | 0.20 % | 10.09 % |
| Shares Owned By Institutions | 86.23 % | 39.21 % |
| Number Of Shares Shorted | 3.64 M | 4.71 M |
| Price To Earning | 29.09 X | 28.72 X |
| Price To Book | 6.69 X | 9.51 X |
| Price To Sales | 5.49 X | 11.42 X |
| Revenue | 23.2 B | 9.43 B |
| Gross Profit | 6.89 B | 27.38 B |
| EBITDA | 3.82 B | 3.9 B |
| Net Income | 3.22 B | 570.98 M |
| Cash And Equivalents | 518 M | 2.7 B |
| Cash Per Share | 1.30 X | 5.01 X |
| Total Debt | 9.94 B | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 1.28 X | 2.16 X |
| Book Value Per Share | 47.66 X | 1.93 K |
| Cash Flow From Operations | 3.62 B | 971.22 M |
| Short Ratio | 1.83 X | 4.00 X |
| Earnings Per Share | 8.03 X | 3.12 X |
| Price To Earnings To Growth | 3.26 X | 4.89 X |
| Target Price | 317.95 | |
| Number Of Employees | 94 K | 18.84 K |
| Beta | 1.08 | -0.15 |
| Market Capitalization | 121.18 B | 19.03 B |
| Total Asset | 38.43 B | 29.47 B |
| Retained Earnings | 10.3 B | 9.33 B |
| Working Capital | 3.93 B | 1.48 B |
Eaton PLC Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eaton . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 47305.14 | |||
| Daily Balance Of Power | 0.8217 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 307.26 | |||
| Day Typical Price | 307.53 | |||
| Price Action Indicator | 3.37 | |||
| Period Momentum Indicator | 5.07 |
About Eaton PLC Buy or Sell Advice
When is the right time to buy or sell Eaton PLC? Buying financial instruments such as Eaton Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 8.9B | 9.1B | 9.9B | 10.4B | Total Assets | 34.0B | 35.0B | 38.4B | 40.4B |
Use Investing Ideas to Build Portfolios
In addition to having Eaton PLC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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Check out Eaton PLC Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Eaton Stock analysis
When running Eaton PLC's price analysis, check to measure Eaton PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton PLC is operating at the current time. Most of Eaton PLC's value examination focuses on studying past and present price action to predict the probability of Eaton PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton PLC's price. Additionally, you may evaluate how the addition of Eaton PLC to your portfolios can decrease your overall portfolio volatility.
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Is Eaton PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton PLC. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.304 | Dividend Share 3.44 | Earnings Share 8.03 | Revenue Per Share 58.121 | Quarterly Revenue Growth 0.108 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.