NYSE:ROKRockwell Automation Stock Price, Forecast & News

Rockwell Automation's stock was trading at $159.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ROK shares have increased by 39.9% and is now trading at $222.49. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rockwell Automation in the last year. There are currently 5 sell ratings, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rockwell Automation.

Rockwell Automation is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Rockwell Automation.

Rockwell Automation (NYSE:ROK) announced its quarterly earnings data on Tuesday, April, 28th. The industrial products company reported $2.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.82 by $0.61. The industrial products company had revenue of $1.68 billion for the quarter, compared to analysts' expectations of $1.61 billion. Rockwell Automation had a net margin of 10.54% and a return on equity of 118.85%. Rockwell Automation's revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.04 EPS. View Rockwell Automation's earnings history.

Rockwell Automation declared a quarterly dividend on Wednesday, June 3rd. Stockholders of record on Monday, August 17th will be paid a dividend of $1.02 per share on Thursday, September 10th. This represents a $4.08 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Friday, August 14th. View Rockwell Automation's dividend history.

Rockwell Automation announced that its Board of Directors has initiated a share buyback program on Thursday, September 6th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

Rockwell Automation issued an update on its FY20 earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $6.90-7.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.87. The company issued revenue guidance of decline of 3-6.5% to $6.26-6.46 billion, compared to the consensus revenue estimate of $6.20 billion.

19 Wall Street analysts have issued 12 month target prices for Rockwell Automation's shares. Their forecasts range from $120.00 to $250.00. On average, they expect Rockwell Automation's share price to reach $189.38 in the next twelve months. This suggests that the stock has a possible downside of 14.9%. View analysts' price targets for Rockwell Automation.

Media coverage about ROK stock has been trending negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rockwell Automation earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days. View the latest news aboutRockwell Automation.

Rockwell Automation saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,200,000 shares, an increase of 12.3% from the April 15th total of 2,850,000 shares. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.8% of the company's stock are short sold. View Rockwell Automation's Current Options Chain.

Some companies that are related to Rockwell Automation include Roper Technologies (ROP), Emerson Electric (EMR), Eaton (ETN), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), II-VI (IIVI), Acuity Brands (AYI), Regal Beloit (RBC), EnerSys (ENS), Brady (BRC), Vicor (VICR), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rockwell Automation investors own include NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), QUALCOMM (QCOM), Lockheed Martin (LMT), Boeing (BA), Starbucks (SBUX), AbbVie (ABBV) and Home Depot (HD).

Rockwell Automation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ROK."

Rockwell Automation's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.19%), State Street Corp (4.17%), Alecta Pensionsforsakring Omsesidigt (2.60%), JPMorgan Chase & Co. (1.92%), Geode Capital Management LLC (1.86%) and Wellington Management Group LLP (1.79%). Company insiders that own Rockwell Automation stock include Blake D Moret, David M Dorgan, Elik I Fooks, Ernest Nicolas, Francis Wlodarczyk, Frank C Kulaszewicz, James Phillip Holloman, John M Miller, Keith D Nosbusch, Michael Laszkiewicz, Patrick P Goris, Rebecca W House, Robert B Murphy, Steven W Etzel, Sujeet Chand, Susan Schmitt, Terry L Riesterer and Theodore D Crandall. View institutional ownership trends for Rockwell Automation.

ROK stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Pictet Asset Management Ltd., Two Sigma Advisers LP, APG Asset Management N.V., Swedbank, Fred Alger Management LLC, Assenagon Asset Management S.A., and Schroder Investment Management Group. Company insiders that have sold Rockwell Automation company stock in the last year include Blake D Moret, David M Dorgan, Elik I Fooks, Ernest Nicolas, Francis Wlodarczyk, Frank C Kulaszewicz, James Phillip Holloman, John M Miller, Michael Laszkiewicz, Patrick P Goris, Rebecca W House, Steven W Etzel, Sujeet Chand, and Terry L Riesterer. View insider buying and selling activity for Rockwell Automation.

ROK stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Sumitomo Mitsui Trust Holdings Inc., JPMorgan Chase & Co., BlackRock Inc., Ceredex Value Advisors LLC, Capital World Investors, Impax Asset Management Group plc, and Mackenzie Financial Corp. View insider buying and selling activity for Rockwell Automation.

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

One share of ROK stock can currently be purchased for approximately $222.49.

Rockwell Automation has a market capitalization of $25.77 billion and generates $6.69 billion in revenue each year. The industrial products company earns $695.80 million in net income (profit) each year or $8.67 on an earnings per share basis. Rockwell Automation employs 23,000 workers across the globe.

The official website for Rockwell Automation is www.rockwellautomation.com.

Rockwell Automation's mailing address is 1201 SOUTH SECOND STREET, MILWAUKEE WI, 53204. The industrial products company can be reached via phone at 414-382-2000 or via email at [email protected]