Previous close | 90.39 |
Open | 91.13 |
Bid | 0.00 x 1200 |
Ask | 0.00 x 1000 |
Day's range | 89.43 - 91.22 |
52-week range | 76.16 - 105.99 |
Volume | |
Avg. volume | 2,871,867 |
Market cap | 53.631B |
Beta (5Y monthly) | 1.40 |
PE ratio (TTM) | 23.57 |
EPS (TTM) | 3.82 |
Earnings date | 31 Jan 2022 - 04 Feb 2022 |
Forward dividend & yield | 2.06 (2.29%) |
Ex-dividend date | 12 May 2022 |
1y target est | 100.50 |
(Reuters) -Home appliance maker Whirlpool Corp said on Monday it would buy Emerson Electric Co's InSinkErator unit, which makes waste disposal equipment and hot water dispensers, for $3 billion to beef up its kitchen equipment offerings. InSinkErator, which has an over 70% market share in the food waste disposal industry, is a popular household name in the United States. Following the acquisition, InSinkErator will add to Whirlpool's home portfolio of washing machines, refrigerators and dishwashing equipment.
ST. LOUIS, August 08, 2022--Emerson (NYSE: EMR) today announced an agreement to sell its InSinkErator® business to Whirlpool Corporation (NYSE: WHR) for $3.0 billion. InSinkErator’s trailing twelve-month revenue, as of March 31, 2022, was $595 million, pretax earnings were $148 million and EBITDA* was $166 million, representing a transaction value of 18.1x EBITDA.
Emerson Electric Co. ( NYSE:EMR ) stock is about to trade ex-dividend in 3 days. Typically, the ex-dividend date is one...