Will Bears Get Slaughtered? Emerson Electric Co. (EMR), SunTrust Banks, Inc. (STI)

11 analysts out of 23 Wall Street brokerage firms rate Emerson Electric Co. (NYSE:EMR) as a Buy, while 0 see it as a Sell. The rest 12 describe it as a Hold. EMR stock traded higher to an intra-day high of $63.36. At one point in session, its potential discontinued and the price was down to lows at $62.75. Analysts have set EMR’s consensus price at $73.74, effectively giving it a 16.68% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $90 (up 42.41% from current price levels).

It is expected that in Jun 2019 quarter EMR will have an EPS of $0.94, suggesting a 6.82% growth. For Sep 2019 is projected at $1.14. It means that there could be a 28.09% growth in the quarter. Yearly earnings are expected to rise by 7.99% to about $3.65. As for the coming year, growth will be about 11.23%, lifting earnings to $4.06. RSI after the last trading period was 44.47. EMR recorded a change of 0.88% over the past week and returned -6.34% over the last three months while the EMR stock’s monthly performance revealed a shift in price of -2.99%. The year to date (YTD) performance stands at 5.77%, and the bi-yearly performance specified an activity trend of 1.48% while the shares have moved -13.67% for the past 12 months.

Emerson Electric Co. (EMR) currently trades at $63.2, which is higher by 0.73% its previous price. It has a total of 614 million outstanding shares, with an ATR of around 1.46. The company’s stock volume dropped to 2.75 million, worse than 3.08 million that represents its 50-day average. A 5-day increase of about 0.88% in its price means EMR is now 5.77% higher on year-to-date. The shares have surrendered $43396.8 since its $79.70 52-week high price recorded on 4th of October 2018. Overall, it has seen a growth rate of -13.67 over the last 12 months. The current price per share is $7.82 above the 52 week low of $55.38 set on 26th of December 2018.

Emerson Electric Co. (NYSE:EMR)’s EPS was $0.84 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.76. That means that its growth in general now stands at 11%. Therefore, a prediction of $0.84 given by the analysts brought a negative surprise of 0%. EMR March quarter revenue was $4.57 billion, compared to $4.25 billion recorded in same quarter last year, giving it a 8% growth rate. The company’s $0.32 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

SunTrust Banks, Inc. (NYSE:STI) shares appreciated 0.36% over the last trading period, taking overall 5-day performance up to 1.12%. STI’s price now at $64.07 is greater than the 50-day average of $62.93. Getting the trading period increased to 200 days, the stock price was seen at $62.44 on average. The general public currently hold control of a total of 442.16 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 448.71 million. The company’s management holds a total of 0.3%, while institutional investors hold about 84.9% of the remaining shares. STI share price finished last trade 2.85% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 2.54%, while closing the session with 1.89% distance from 50 day simple moving average.

SunTrust Banks, Inc. (STI) shares were last observed trading -14.66% down since August 21, 2018 when the peak of $75.08 was hit. Last month’s price growth of 3.31% puts STI performance for the year now at 27.02%. Consequently, the shares price is trending higher by 39.13%, a 52-week worst price since Dec. 26, 2018. However, it is regaining value with 17.54% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $63.48 and $63.77. The immediate resistance area is now $64.5 Williams’s %R (14) for STI moved to 11.57 while the stochastic %K points at 87.71.

STI’s beta is 1.53; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $5.61 per share from its yearly profit to its outstanding shares. Its last reported revenue is $2.35 billion, which was 4% versus $2.26 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $1.33 compared to $1.29 in the year-ago quarter and had represented 3% year-over-year earnings per share growth.