The recent close of $63.52 is approximately 267% above the fair value buy target for the stock and approximately 78% above the fair value close target for the stock. The recent close is also 12% below analysts' twelve-month $72.50 median price target for the stock.
The recent close represents a 2% decrease in price since the last baseline equity review was conducted in December of 2009.
The stock currently has a trailing twelve-month PE Ratio of 16, and a PEG Ratio of 1.1 basis estimated forward earnings growth of 15.
In the past 52 weeks, share prices have moved between a high of $69.92 and a low of $36.38, placing equilibrium at $59.10.
Basis the recent close, the stock is trading 10% below the 52 week high, 43% above the 52 week low, 7% below equilibrium, and has an average daily trading volume of approximately 3.5 million shares.
Eaton Corporation plc operates as a diversified power management company worldwide.
The company's competitors include ITT Corporation, Johnson Controls Inc., and Parker-Hannifin Corporation.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.