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Emerson (EMR) Rolls Out Software For Terminal Operators

Published 04/16/2017, 09:21 PM
Updated 07/09/2023, 06:31 AM
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Emerson Electric Co.’s (NYSE:EMR) business segment, Emerson Automation Solutions, recently introduced TerminalManager, an advanced software for supervising different types of terminal commercial and operational activities. The company stated that this state-of-the-art technology would streamline end user’s supply chain logistic functions and enhance efficiency of the overall operational process.

Over the last six months, shares of this Zacks Rank #3 (Hold) stock yielded a return of 16.02%, outperforming 8.95% growth recorded by the Zacks categorized Machinery-Electrical industry. We anticipate Emerson’s stock to spring some surprises for investors moving ahead.

The company is poised to grow on the back of aggressive restructuring moves, sound acquisitions, greater innovation and strategic divestitures despite headwinds plaguing the industrial and energy-related markets at present.

Take Away from TerminalManager

Profit generation is becoming increasingly challenging for today’s terminal operators in the chemical, oil & gas, and refining industries. However, Emerson Automation Solutions’ TerminalManager is anticipated to boost the financial efficiency of terminal operators in the near term.

TerminalManager is a unique singular software platform, which can coordinate all types of terminal procedures in a much more proficient manner. For instance, it would improve the quality of customer requisite connectivity and help in closing books sooner.

Moving Ahead

On Feb 7, 2017, Emerson raised its fiscal 2017 earnings guidance range to $2.47–$2.62 per share, higher than the previously anticipated range of $2.35–$2.50 per share. The company anticipates favorable order trend, restructuring benefits, rise in infrastructure spending in the U.S. and innovation investment benefits to drive the upside.

Stocks to Consider

Some better-ranked stocks in the industry are listed below:

Brady Corporation (NYSE:BRC) has a positive average earnings surprise of 20.84% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

ACCO Brands Corporation (NYSE:ACCO) has a positive average earnings surprise of 24.74% for the last four quarters and currently sports a Zacks Rank #1.

Avery Dennison Corporation (NYSE:AVY) holds a Zacks Rank #2 (Buy) and generated an average earnings surprise of 6.17% in the past quarters.

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Emerson Electric Company (EMR): Free Stock Analysis Report

Avery Dennison Corporation (AVY): Free Stock Analysis Report

Acco Brands Corporation (ACCO): Free Stock Analysis Report

Brady Corporation (BRC): Free Stock Analysis Report

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