EMERSON ELECTRIC CO.

(EMR)
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Delayed Nyse  -  05/18 04:03:41 pm EDT
83.56 USD   -3.28%
05/17Citigroup Adjusts Emerson Electric's Price Target to $111 From $119, Reiterates Buy Rating
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05/16EMERSON ELECTRIC CO : Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)
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Emerson Introduces Non-Contacting Radar Level Transmitter Designed Specifically for Food and Beverage Applications

01/19/2022 | 09:00pm EDT

Emerson has developed the Rosemount™ 1408H Level Transmitter, the world's first non-contacting radar device designed specifically for the food and beverage industry. Dedicated features include a hygienic compact design, fast sweep technology, exceptional radar beam focusing and IO-Link communications, helping manufacturers to optimize the efficiency of their operations, reduce product losses and ensure food safety. Non-contacting radar is an ideal level measurement technology for applications that require stringent hygienic facilities and equipment. It is virtually maintenance-free, which helps it to ensure long-term reliability, in sharp contrast to legacy technologies. It has a top-down installation that reduces the risk of product loss through leakage, and it is unaffected by process conditions such as density, viscosity, temperature and pH. The compact and robust form of the Rosemount 1408H makes it a suitable solution for the small tanks and space-constrained skids commonly used in food and beverage production. The hygienic antenna is flush with the process connection that ensures the removal of process residue during clean-in-place and sterilize-in-place processes, and is insensitive to condensation and build-up. The hygienically approved, IP69-rated device has a stainless-steel housing with minimal crevices to withstand external washdowns and ensure cleanability. The Rosemount 1408H is the first level transmitter to use 80 GHz frequency modulated continuous wave technology on a single electronic chip with embedded smart algorithms. This enables exceptional radar beam focusing, so that internal tank obstructions such as agitators can be avoided, and greater measurement accuracy achieved. Fast sweep technology makes the Rosemount 1408H the quickest level measurement technology on the market, collecting up to 40 times more information than legacy transmitters. This increases measurement accuracy, enabling manufacturers to reduce the amount of product lost through wastage, maximize production capability, and reduce production variations, leading to increased product quality and batch consistency. The technology also enables measurements all the way to the top of the tank, with this elimination of radar dead-zones enabling users to maximize vessel utilization. The Rosemount 1408H is the first non-contacting radar transmitter with connectivity to the IO-Link communication protocol, making it easy to integrate with any automation system. The transmitter provides both conventional 4-20 mA, switch outputs and digital high-speed communication. It features innovative technology and smart algorithms to ensure installation and commissioning are made easy, saving time and helping ensure trouble-free operation. Together with the new Rosemount IO-link Assistant software, which sets the parameters via IO-link, the experience of using Rosemount IO-Link devices is enhanced even further. Testament to its innovative design, the Rosemount 1408H has received the 2021 Red Dot Award for product design. The annual international awards, adjudicated by a jury of significant engineering and design professionals who assess thousands of new products each year, recognizes those products which demonstrate outstanding design and innovation.


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All news about EMERSON ELECTRIC CO.
05/17Citigroup Adjusts Emerson Electric's Price Target to $111 From $119, Reiterates Buy Rat..
MT
05/16EMERSON ELECTRIC CO : Regulation FD Disclosure, Other Events, Financial Statements and Exh..
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05/16AspenTech Completes Emerson Transaction, Expanding High-Performance Global Industrial S..
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05/16Emerson and AspenTech Complete Transaction, Creating New AspenTech
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Financials (USD)
Sales 2022 19 733 M - -
Net income 2022 2 908 M - -
Net Debt 2022 2 732 M - -
P/E ratio 2022 17,2x
Yield 2022 2,50%
Capitalization 49 626 M 49 626 M -
EV / Sales 2022 2,65x
EV / Sales 2023 2,45x
Nbr of Employees 86 700
Free-Float 61,8%
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Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 83,56 $
Average target price 109,52 $
Spread / Average Target 31,1%
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Managers and Directors
Surendralal L Karsanbhai President, Chief Executive Officer & Director
Frank J. Dellaquila Chief Financial Officer & Senior Executive VP
James S. Turley Chairman
Jake Fritz Chief Information Officer & Vice President
Ram R. Krishnan Vice President-Profit Planning
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