NYSE:ROKRockwell Automation Stock Price, Forecast & News

Rockwell Automation's stock was trading at $159.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROK shares have increased by 5.5% and is now trading at $167.80. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rockwell Automation in the last year. There are currently 2 sell ratings, 12 hold ratings and 4 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, April 23rd 2020. View our earnings forecast for Rockwell Automation.

Rockwell Automation (NYSE:ROK) posted its earnings results on Wednesday, January, 29th. The industrial products company reported $2.11 EPS for the quarter, hitting analysts' consensus estimates of $2.11. The industrial products company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.63 billion. Rockwell Automation had a net margin of 13.75% and a return on equity of 102.93%. The business's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the business posted $2.21 earnings per share. View Rockwell Automation's earnings history.

Rockwell Automation announced a quarterly dividend on Tuesday, April 7th. Shareholders of record on Monday, May 18th will be paid a dividend of $1.02 per share on Wednesday, June 10th. This represents a $4.08 annualized dividend and a dividend yield of 2.43%. View Rockwell Automation's dividend history.

Rockwell Automation declared that its Board of Directors has authorized a stock buyback plan 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 plans are usually a sign that the company's management believes its stock is undervalued.

Rockwell Automation updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) guidance of $8.70-9.10 for the period, compared to the Thomson Reuters consensus estimate of $8.82. The company issued revenue guidance of +2-5% to ~$6.83-7.03 billion, compared to the consensus revenue estimate of $6.70 billion.

18 brokerages have issued 12 month price objectives for Rockwell Automation's stock. Their forecasts range from $120.00 to $220.00. On average, they expect Rockwell Automation's share price to reach $176.25 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for Rockwell Automation.

Press coverage about ROK stock has trended very negative on Wednesday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Rockwell Automation earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutRockwell Automation.

Rockwell Automation saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,893,700 shares, an increase of 37.8% from the February 27th total of 2,100,000 shares. Based on an average trading volume of 861,100 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.5% of the shares of the company are short sold. View Rockwell Automation's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Rockwell Automation investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Intel (INTC), Walt Disney (DIS), Starbucks (SBUX), Lockheed Martin (LMT), QUALCOMM (QCOM), Micron Technology (MU), Skyworks Solutions (SWKS) and Boeing (BA).

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

Rockwell Automation's stock is owned by many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.10%), State of Alaska Department of Revenue (0.03%), IBM Retirement Fund (0.00%) and Private Trust Co. NA (0.00%). Company insiders that own Rockwell Automation stock include Blake D Moret, David M Dorgan, Elik I Fooks, Ernest Nicolas, Frank C Kulaszewicz, 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 acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, State of Alaska Department of Revenue, IBM Retirement Fund, and Private Trust Co. NA. 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 $167.80.

Rockwell Automation has a market capitalization of $19.50 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. View additional information about Rockwell Automation.

The official website for Rockwell Automation is http://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]