Report
Barbara Noverini
EUR 98.48 For Business Accounts Only

Power management powerhouse Eaton will benefit from growing demand for energy efficiency.

We’re maintaining our $67 per share fair value estimate as narrow-moat Eaton closed the books on a year plagued by ongoing weakness in heavy industrial end markets. Fourth-quarter revenue reached $4.9 billion, declining 3% year over year on an organic basis. Only the electrical products segment reported positive organic sales in the quarter, increasing 1% year over year on strength in residential lighting, fuses, and other products. Hydraulics and electrical systems continued to experience weakn...
Underlying
Eaton Corp. Plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Barbara Noverini

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