What Could Eaton Stock Be Worth In Three Years?

Eaton (ETN) stock trades at 39.7 times earnings. That multiple sits above the 35.9 it averaged at its last 12 fiscal quarter ends, suggesting buyers are already paying for growth. That price follows a weak year for the shares, which returned 5.4% over the past twelve months against 17.4% for the S&P 500. If Eaton keeps selling more at its recent pace, what would a share be worth three years from now.