Eaton Corporation Weekly SetupETN passes the Weekly breakout criteria with high volume and good fundamentals. With a favorabel risk/reward of almost 1:2, I will be on a look out for a follow through on Monday open.
8.06USD
3.22 BUSD
23.20 BUSD
398.39 M
About Eaton Corporation, PLC
Sector
Industry
CEO
Craig Arnold
Website
Headquarters
Dublin
Employees (FY)
94 K
Founded
1911
ISIN
IE00B8KQN827
FIGI
BBG000BJ3PD2
Eaton Corp. Plc is a power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: Electrical Americas and Electrical Global; Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segments engage in sales contracts for electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and service. The Aerospace segment produces aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment deals with the design, manufacture, marketing, and supply of drivetrain and powertrain systems and critical components that reduce emissions and improve fuel economy, stability, performance and safety of cars, light trucks and commercial vehicles. The eMobility segment designs, manufactures, markets, and supplies electrical and electronic components and systems that improve the power management and performance of both on-road and off-road vehicles. The company was founded in 1911 and is headquartered in Dublin, Ireland.
Eaton should target 292 then 330Daily Chart, the stock is trading upwards with tendency to hit the Resistance R3. After crossing at around 254, the target will be 292 then 330
Technical indicators MACD and RSI are positive.
Stop loss below 224 should be considered.
ETN shortHi traders,
We are expecting the price to go higher and retest previous all time high.
And get rejected. Next, we expect pullback towards Fib level 0.5 (215.83) and from there another bounce.
Entry, target and stop loss are shown on the chart.
ETN Topping?Great stock had a fantastic run but it seems it may be topping out in a wave 3 in a bearish rising wedge that needs to correct. Wait for the CRACK!
$ETN with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:ETN after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 62.5%.
Is Eaton Attempting a Breakout?Eaton has flirted with record highs, and some traders may be looking for a breakout.
The first pattern on today’s chart is the price level around $175 where ETN peaked in late 2021. The industrial stock inched above the peak in March before pulling back. In the process, it made a higher quarterly l
Trading $ETN to above $200Management also raised its organic growth guide for Electrical Americas on sustained strength of end market demand. Data centers (~14% of total revenues) remain a bright spot, and the company upgraded its expectations for Utility (~10%) and Residential (~8%) end markets.
Eaton has a large number of
EATON Corporation, NYSE - Monthly Chart from the beginningEATON Corporation, PLC.
At stock exchange from the early beginning in the late '20s from the last century. An ongoing story of success.
Don't make the mistake to expect reaching the mentioned values at the ground time scale. There is no connection between these two objectives in Elliott Wave theo
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Frequently Asked Questions
The current price of ETN is 311.27 USD — it has increased by 0.35% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Eaton Corporation, PLC stocks are traded under the ticker ETN.
Eaton Corporation, PLC is going to release the next earnings report on Apr 30, 2024. Keep track of upcoming events with our Earnings Calendar.
ETN stock is 1.78% volatile and has beta coefficient of 1.11. Check out the list of the most volatile stocks — is Eaton Corporation, PLC there?
One year price forecast for Eaton Corporation, PLC has a max estimate of 371.00 USD and a min estimate of 240.00 USD.
ETN earnings for the last quarter are 2.47 USD whereas the estimation was 2.34 USD which accounts for 5.68% surprise. Estimated earnings for the next quarter are 2.47 USD. See more details about Eaton Corporation, PLC earnings.
Eaton Corporation, PLC revenue for the last quarter amounts to 5.88 B USD despite the estimated figure of 5.89 B USD. In the next quarter revenue is expected to reach 5.91 B USD.
Yes, you can track Eaton Corporation, PLC financials in yearly and quarterly reports right on TradingView.
ETN stock has fallen by 0.97% compared to the previous week, the month change is a 4.40% rise, over the last year Eaton Corporation, PLC has showed a 90.07% increase.
ETN net income for the last quarter is 946.00 M USD, while the quarter before that showed 891.00 M USD of net income which accounts for 6.17% change. Track more Eaton Corporation, PLC financial stats to get the full picture.
Today Eaton Corporation, PLC has the market capitalization of 124.04 B, it has increased by 3.52% over the last week.
Yes, ETN dividends are paid quarterly. The last dividend per share was 0.94 USD. As of today, Dividend Yield (TTM)% is 1.13%. Tracking Eaton Corporation, PLC dividends might help you take more informed decisions.
Eaton Corporation, PLC dividend yield was 1.43% in 2023, and payout ratio reached 42.88%. The year before the numbers were 2.06% and 52.75% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, ETN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Eaton Corporation, PLC stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 94.00 K employees. See our rating of the largest employees — is Eaton Corporation, PLC on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Eaton Corporation, PLC technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Eaton Corporation, PLC stock shows the buy signal. See more of Eaton Corporation, PLC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Eaton Corporation, PLC future price: according to them, ETN price has a max estimate of 371.00 USD and a min estimate of 240.00 USD. Read a more detailed Eaton Corporation, PLC forecast: see what analysts think of Eaton Corporation, PLC and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Eaton Corporation, PLC EBITDA is 4.90 B USD, and current EBITDA margin is 21.21%. See more stats in Eaton Corporation, PLC financial statements.