ETN Stock: Is Yearly High A Hard Target For (NYSE: ETN) Price?
The post ETN Stock: Is Yearly High A Hard Target For (NYSE: ETN) Price? appeared on BitcoinEthereumNews.com. ETN stock’s latest quarterly balance sheet for the period ending June 2023 reported total assets of $36.77 Billion and total liabilities of $18.79 Billion. The ETN debt-to-assets ratio is at 51.09%. The ETN latest quarterly earnings report for the period ending June 2023, displayed a revenue of $5.87 Billion, with a net income of $744.00 Million, and a gain in profit margin from the last quarter of 12.68%. This quarter, the ETN reported revenue exceeded analysts’ estimates by $110.238 Million (1.92%). The ETN stock reported an EPS of $2.21 for the period ending June 2023, beating the analysts’ estimate of $2.112 by 4.66%. The ETN next quarter’s revenue is estimated to be $5.887 Billion and the estimated EPS of $2.334. The report will be released on October 31st, 2023. The ETN stock’s dividend yield for the TTM is 1.63% and its last dividend payment was $0.86 per share. The ETN’s last ex-dividend date was August 4th, 2023 and its payout ratio is 49.35%. ETN Stock Price Technical Analysis in 1-D Timeframe The ETN stock has a CMP of $208.60 and an intraday loss of 4.07%. The ETN stock’s average volume for the last 10 days is 1.967 Million and its current volume is 2.656 Million. The ETN stock has a float of 397.439 Million shares and a market cap of $83.231 Billion. The ETN stock price rose from the $56 support level in March 2020 fabulously and reached a high of $240 on September 13th, 2023, making higher highs and lows. However, it faced resistance and fell sharply due to investors taking out some profits after the long rally. However, the stock showed recovery signs as the ETN price took support at $202 around the start of October 2023, but has taken resistance yet again from the downward trendline, it…
The post ETN Stock: Is Yearly High A Hard Target For (NYSE: ETN) Price? appeared on BitcoinEthereumNews.com.
ETN stock’s latest quarterly balance sheet for the period ending June 2023 reported total assets of $36.77 Billion and total liabilities of $18.79 Billion. The ETN debt-to-assets ratio is at 51.09%. The ETN latest quarterly earnings report for the period ending June 2023, displayed a revenue of $5.87 Billion, with a net income of $744.00 Million, and a gain in profit margin from the last quarter of 12.68%. This quarter, the ETN reported revenue exceeded analysts’ estimates by $110.238 Million (1.92%). The ETN stock reported an EPS of $2.21 for the period ending June 2023, beating the analysts’ estimate of $2.112 by 4.66%. The ETN next quarter’s revenue is estimated to be $5.887 Billion and the estimated EPS of $2.334. The report will be released on October 31st, 2023. The ETN stock’s dividend yield for the TTM is 1.63% and its last dividend payment was $0.86 per share. The ETN’s last ex-dividend date was August 4th, 2023 and its payout ratio is 49.35%. ETN Stock Price Technical Analysis in 1-D Timeframe The ETN stock has a CMP of $208.60 and an intraday loss of 4.07%. The ETN stock’s average volume for the last 10 days is 1.967 Million and its current volume is 2.656 Million. The ETN stock has a float of 397.439 Million shares and a market cap of $83.231 Billion. The ETN stock price rose from the $56 support level in March 2020 fabulously and reached a high of $240 on September 13th, 2023, making higher highs and lows. However, it faced resistance and fell sharply due to investors taking out some profits after the long rally. However, the stock showed recovery signs as the ETN price took support at $202 around the start of October 2023, but has taken resistance yet again from the downward trendline, it…
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