Here's Why Emerson Electric (EMR) Fell More Than Broader Market

Emerson Electric (EMR) closed down 1.35% but has gained 6.08% over the past month, outperforming its sector. The company is projected to report earnings of $1.84 per share with 13.58% year-over-year growth. With a Zacks Rank of #3 (Hold) and a Forward P/E of 22.39 (below industry average of 24.29), the stock trades at a valuation discount despite higher-than-average PEG ratio of 2.23.