Emerson Electric's most recent trend suggests a bullish bias. One trading opportunity on Emerson Electric is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 16.01% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Emerson Electric is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Emerson Electric is bullish.
The RSI indicator is at 73.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Emerson Electric
Emerson Electric Company — Moody's announces completion of a periodic review of ratings of Emerson Electric Company
Sat, 17 Oct 2020 09:35:52 +0000
Moody's Investors Service (“Moody's”) has completed a periodic review of the ratings of Emerson Electric Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Emerson Electric Company — Moody's: Emerson's acquisition of OSI is credit negative; no effect on ratings
Sat, 17 Oct 2020 04:02:16 +0000
Moody's Investors Service says that Emerson Electric Company (“Emerson”) announced on August 27, 2020 that it had entered into an agreement to purchase Open Systems International, Inc (OSI) for $1.6 billion in cash. OSI is a grid automation software solution provider for utilities, which Emerson intends to integrate into its Automated Solutions segment.
Siemens Considers Bentley Systems Bid in New Digital Push
Mon, 07 Sep 2020 16:43:43 +0000
(Bloomberg) — Siemens AG is weighing an acquisition of Bentley Systems Inc., according to people familiar with the matter, in what would mark a fresh push into industrial-software dealmaking by Europe’s largest engineering firm.Bentley, if purchased, would become part of Siemens’s digital industries division, the people said, asking not to be identified as the information is private. No final decisions have been made and a deal could still fail to materialize, the people said.A spokesperson for Siemens declined to comment. A representative for Bentley did not immediately respond to requests for comment. Siemens shares rose 1.4% to 117.26 euros in trading Monday.Bentley, based in Exton, Pennsylvania, develops software to help manage engineering projects, particularly in the infrastructure and construction industries. The company has more than 3,500 employees and generates $700 million in annual revenue, according to its website.Siemens already holds a 14% stake in Bentley, according to one of the people. The companies entered into a strategic alliance to develop commercial initiatives in 2016 and renewed the pact two years later, saying at the time that 100 million euros ($118 million) had been pledged to the venture.IPO FilingBentley filed for an initial public offering on the Nasdaq exchange last month. Companies regularly attract takeover interest from potential suitors after announcing plans to list.A purchase would mark the beginning of Siemens’s push into software under incoming Chief Executive Officer Roland Busch. He is scheduled to take over in February from Joe Kaeser, who will leave Siemens a transformed company that bears little resemblance to the one he took over in 2013.Under Kaeser, Siemens focused on software applications that are crucial to run its industrial equipment and in 2016 paid $4.5 billion to purchase Mentor Graphics Corp. Bloomberg News reported at the time that, following the Mentor Graphics deal, Siemens planned to pause growing its industrial-software business through large takeovers.Siemens saw profit rise 8% in its third quarter as the company dealt with the coronavirus crisis better than expected. Results were boosted by strong performance from the software business, where profit surged 62% in part thanks to the valuation of its stake in Bentley.There has been a flurry of industrial software deals in the last month as the world’s biggest machine makers push into digital production. Aveva Group Plc agreed to buy SoftBank Group Corp.-backed Osisoft for $5 billion and Emerson Electric Co. said it would acquire Open Systems International for $1.6 billion.(Updates with Bentley IPO filing in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
ENS or EMR: Which Is the Better Value Stock Right Now?
Fri, 04 Sep 2020 15:40:03 +0000
ENS vs. EMR: Which Stock Is the Better Value Option?
Why Is Emerson Electric (EMR) Up 9.3% Since Last Earnings Report?
Thu, 03 Sep 2020 15:31:03 +0000
Emerson Electric (EMR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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