Balance Sheet Dive: Rockwell Automation Inc (ROK)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $270.84 in the prior trading day, Rockwell Automation Inc (NYSE: ROK) closed at $275.23, up 1.62%. In other words, the price has increased by $1.62 from its previous closing price. On the day, 0.81 million shares were traded. ROK stock price reached its highest trading level at $276.41 during the session, while it also had its lowest trading level at $272.55.

Ratios:

Our goal is to gain a better understanding of ROK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 66.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 0.82.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Berenberg on March 06, 2024, Downgraded its rating to Hold and sets its target price to $290 from $330 previously.

On February 01, 2024, Daiwa Securities Upgraded its rating to Buy which previously was Outperform but kept the price unchanged to $310.

Oppenheimer reiterated its Outperform rating for the stock on February 01, 2024, while the target price for the stock was revised from $324 to $300.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when Gangestad Nicholas C sold 1,660 shares for $287.68 per share. The transaction valued at 477,556 led to the insider holds 10,557 shares of the business.

Gangestad Nicholas C sold 1,989 shares of ROK for $573,169 on Mar 04 ’24. The Sr. VP and CFO now owns 12,217 shares after completing the transaction at $288.17 per share. On Mar 04 ’24, another insider, Buttermore Robert L., who serves as the SVP,Chief Supply Chain Officer of the company, sold 1,664 shares for $290.00 each. As a result, the insider received 482,560 and left with 647 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROK now has a Market Capitalization of 31377047552 and an Enterprise Value of 35177594880. As of this moment, Rockwell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.89, and their Forward P/E ratio for the next fiscal year is 22.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 8.85. Its current Enterprise Value per Revenue stands at 3.917 whereas that against EBITDA is 19.245.

Stock Price History:

The Beta on a monthly basis for ROK is 1.39, which has changed by -0.020917058 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, ROK has reached a high of $348.52, while it has fallen to a 52-week low of $252.11. The 50-Day Moving Average of the stock is -1.79%, while the 200-Day Moving Average is calculated to be -3.74%.

Shares Statistics:

The stock has traded on average 992.43K shares per day over the past 3-months and 1190300 shares per day over the last 10 days, according to various share statistics. A total of 114.80M shares are outstanding, with a floating share count of 113.77M. Insiders hold about 0.21% of the company’s shares, while institutions hold 77.80% stake in the company. Shares short for ROK as of 1714435200 were 2993072 with a Short Ratio of 3.02, compared to 1711584000 on 2826883. Therefore, it implies a Short% of Shares Outstanding of 2993072 and a Short% of Float of 2.9899999999999998.

Dividends & Splits

In the trailing 12 months, ROK’s forward annual dividend rate was 4.86, compared to 4.93 this year. Against a Trailing Annual Dividend Yield of 0.017944174The stock’s 5-year Average Dividend Yield is 1.78. The current Payout Ratio is 39.50% for ROK, which recently paid a dividend on 2024-05-10 with an ex-dividend date of 1715299200. Stock splits for the company last occurred on 1987-04-14 when the company split stock in a 2:1 ratio.

Earnings Estimates

The current rating of Rockwell Automation Inc (ROK) is the result of assessments by 16.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $2.19 for the current quarter, with a high estimate of $3.54 and a low estimate of $1.98, while EPS last year was $3.01. The consensus estimate for the next quarter is $3.56, with high estimates of $4.35 and low estimates of $3.09.

Analysts are recommending an EPS of between $12.27 and $9.75 for the fiscal current year, implying an average EPS of $10.26. EPS for the following year is $12.11, with 23.0 analysts recommending between $14.0 and $10.51.

Revenue Estimates

For the next quarter, 16 analysts are estimating revenue of $2.37B. There is a high estimate of $2.65B for the next quarter, whereas the lowest estimate is $2.22B.

A total of 22 analysts have provided revenue estimates for ROK’s current fiscal year. The highest revenue estimate was $9.15B, while the lowest revenue estimate was $8.42B, resulting in an average revenue estimate of $8.6B. In the same quarter a year ago, actual revenue was $9.06BBased on 22 analysts’ estimates, the company’s revenue will be $9.07B in the next fiscal year. The high estimate is $9.62B and the low estimate is $8.59B.

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