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Rockwell Automation (ROK) Stock Price, News & Analysis

$277.21
+6.21 (+2.29%)
(As of 07/26/2024 ET)
Today's Range
$273.30
$278.63
50-Day Range
$254.39
$294.37
52-Week Range
$249.00
$339.65
Volume
689,227 shs
Average Volume
976,778 shs
Market Capitalization
$31.60 billion
P/E Ratio
27.10
Dividend Yield
1.80%
Price Target
$300.71

Rockwell Automation MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
8.5% Upside
$300.71 Price Target
Short Interest
Healthy
2.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.90mentions of Rockwell Automation in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$572,750 Sold Last Quarter
Proj. Earnings Growth
18.37%
From $10.07 to $11.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Industrial Products Sector

9th out of 172 stocks

Measuring & Controlling Devices, Not Elsewhere Classified Industry

3rd out of 9 stocks

ROK stock logo

About Rockwell Automation Stock (NYSE:ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, and warehousing and logistics, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

ROK Stock Price History

ROK Stock News Headlines

NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
ROK Oct 2024 350.000 call
Rockwell Automation Appoints Rothe As SVP, CFO
NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
3 Robotics Stocks to Buy as Musk Teases Tesla Bot
3 Robotics Stocks to Buy on the Dip: Summer 2024
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 6/10 Dividend
5/10/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Ex-Dividend for 9/10 Dividend
8/12/2024
Dividend Payable
9/10/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Electrical Components & Equipment
CUSIP
77390310
Employees
29,000
Year Founded
1903

Price Target and Rating

Average Stock Price Target
$300.71
High Stock Price Target
$360.00
Low Stock Price Target
$245.00
Potential Upside/Downside
+8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$1.39 billion
Pretax Margin
15.14%

Debt

Sales & Book Value

Annual Sales
$9.06 billion
Cash Flow
$16.64 per share
Book Value
$32.59 per share

Miscellaneous

Free Float
113,228,000
Market Cap
$31.58 billion
Optionable
Optionable
Beta
1.37

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Should I Buy Rockwell Automation Stock? ROK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Rockwell Automation, Inc.:

  • Rockwell Automation stock is currently trading at $260.31, showing stability in the market.
  • The company provides industrial automation and digital transformation solutions, catering to the growing demand for automation in various industries.
  • Insider activity shows confidence in the company, with corporate insiders owning a significant portion of the stock.
  • Rockwell Automation has a diverse geographic presence, operating in North America, Europe, Asia Pacific, and other regions, reducing dependency on a single market.
  • Despite recent price target adjustments by analysts, the consensus rating for Rockwell Automation remains at "Hold," indicating a balanced outlook.

Cons

Investors should be bearish about investing in Rockwell Automation, Inc. for these reasons:

  • Recent price target reductions by analysts may indicate potential challenges or uncertainties in the company's future performance.
  • The company's stock has experienced fluctuations, with a one-year high of $348.52 and a one-year low of $249.00, suggesting volatility in the market.
  • While insiders have sold shares, the total value of $572,750 in the last 90 days could raise concerns about their outlook on the company's future prospects.
  • Debt-to-equity ratio of 0.69 may indicate higher financial leverage, which could pose risks during economic downturns or challenging market conditions.
  • Rockwell Automation's quick ratio of 0.74 may raise liquidity concerns, as it indicates the company's ability to meet short-term obligations with its most liquid assets.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Rockwell Automation pros and cons to contact@marketbeat.com.

ROK Stock Analysis - Frequently Asked Questions

How have ROK shares performed this year?

Rockwell Automation's stock was trading at $310.48 at the start of the year. Since then, ROK stock has decreased by 10.7% and is now trading at $277.21.
View the best growth stocks for 2024 here
.

How were Rockwell Automation's earnings last quarter?

Rockwell Automation, Inc. (NYSE:ROK) released its quarterly earnings results on Wednesday, May, 8th. The industrial products company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates of $2.15 by $0.35. The business's quarterly revenue was down 6.6% compared to the same quarter last year.
Read the conference call transcript
.

What is Blake Moret's approval rating as Rockwell Automation's CEO?

442 employees have rated Rockwell Automation Chief Executive Officer Blake Moret on Glassdoor.com. Blake Moret has an approval rating of 91% among the company's employees. This puts Blake Moret in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Rockwell Automation have any subsidiaries?

Rockwell Automation subsidiaries include Swinton Technology, Avata, Plex Systems., Fiix Inc., Oylo, ASEM, Kalypso, and others.

Who are Rockwell Automation's major shareholders?

Top institutional shareholders of Rockwell Automation include Ninety One UK Ltd (0.85%), Sumitomo Mitsui Trust Holdings Inc. (0.83%), Bank of New York Mellon Corp (0.74%) and Swedbank AB (0.31%). Insiders that own company stock include Blake D Moret, Frank C Kulaszewicz, Nicholas C Gangestad, Christopher Nardecchia, Rebecca W House, Brian A Shepherd, Patricia A Watson, John M Miller, Cyril Perducat, Tessa M Myers, Veena M Lakkundi, Scott Genereux, Robert L Buttermore, Terry L Riesterer, Isaac Woods, Elik I Fooks and Ernest Nicolas.
View institutional ownership trends
.

How do I buy shares of Rockwell Automation?

Shares of ROK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rockwell Automation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rockwell Automation investors own include Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), QUALCOMM (QCOM), Walt Disney (DIS), Micron Technology (MU) and Tesla (TSLA).

This page (NYSE:ROK) was last updated on 7/26/2024 by MarketBeat.com Staff

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