The price of Rockwell Automation Inc (NYSE: ROK) closed at $276.33 in the last session, down -1.27% from day before closing price of $279.88. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 934767 shares were traded.
Ratios:
We take a closer look at ROK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 71.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 0.87.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 31.67B and an Enterprise Value of 34.97B. As of this moment, Rockwell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.28, and their Forward P/E ratio for the next fiscal year is 20.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.47 while its Price-to-Book (P/B) ratio in mrq is 8.78. Its current Enterprise Value per Revenue stands at 3.83 whereas that against EBITDA is 19.38.
Stock Price History:
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 283.37, while the 200-Day Moving Average is calculated to be 293.73.
Shares Statistics:
According to the various share statistics, ROK traded on average about 1.06M shares per day over the past 3-months and 961.1k shares per day over the past 10 days. A total of 114.80M shares are outstanding, with a floating share count of 114.35M. Insiders hold about 0.21% of the company’s shares, while institutions hold 78.41% stake in the company. Shares short for ROK as of Mar 15, 2024 were 2.21M with a Short Ratio of 2.07, compared to 1.83M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.93% and a Short% of Float of 2.19%.
Dividends & Splits
The forward annual dividend rate for ROK is 4.86, which was 4.79 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.71%, it implies a Forward Annual Dividend Yield of 1.79%. The stock’s 5-year Average Dividend Yield is 1.79. The current Payout Ratio is 39.50% for ROK, which recently paid a dividend on Mar 11, 2024 with an ex-dividend date of Feb 16, 2024. Stock splits for the company last occurred on Apr 14, 1987 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 18 analysts who recommend its stock at the moment. On average, analysts expect EPS of $2.21 for the current quarter, with a high estimate of $2.44 and a low estimate of $2.06, while EPS last year was $3.01. The consensus estimate for the next quarter is $3.52, with high estimates of $3.94 and low estimates of $3.02.
Analysts are recommending an EPS of between $13.08 and $11.1 for the fiscal current year, implying an average EPS of $12.13. EPS for the following year is $13.46, with 25 analysts recommending between $14.65 and $11.95.
Revenue Estimates
A total of 24 analysts have provided revenue estimates for ROK’s current fiscal year. The highest revenue estimate was $9.36B, while the lowest revenue estimate was $8.91B, resulting in an average revenue estimate of $9.19B. In the same quarter a year ago, actual revenue was $9.06B, up 1.50% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $9.66B in the next fiscal year. The high estimate is $10.03B and the low estimate is $9.11B. The average revenue growth estimate for next year is up 5.10% from the average revenue estimate for this year.
