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The stock of Eaton PLC (NYSE:ETN, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation.
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It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Cooper shareholders received $39.15 in cash and 0.77479 of a share in the newly created company for each Cooper share held. This is worth $72 per share based on Eaton's closing share price of $42.40 on 18 May 2012, and is 29% above Cooper's closing stock price. [17] Eaton Corporation plc completed its acquisition of Cooper Industries on 30 Nov ...
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For premium support please call: 800-290-4726 more ways to reach us
ETN is overdue for a shift in analyst attention, too. For premium support please call: 800-290-4726 more ways to reach us
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