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The closing price of Rockwell Automation Inc (NYSE: ROK) was $263.82 for the day, up 1.01% from the previous closing price of $261.17. In other words, the price has increased by $1.01 from its previous closing price. On the day, 0.6 million shares were traded. ROK stock price reached its highest trading level at $268.03 during the session, while it also had its lowest trading level at $263.1.
Ratios:
Our analysis of ROK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 73.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.23 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 this company, Redburn Atlantic on July 08, 2024, initiated with a Neutral rating and assigned the stock a target price of $256.
On March 06, 2024, Berenberg Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $330 to $290.
Daiwa Securities Upgraded its Outperform to Buy on February 01, 2024, while the target price for the stock was maintained at $310.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 11 ’24 when Myers Tessa M. sold 528 shares for $253.78 per share. The transaction valued at 133,996 led to the insider holds 3,718 shares of the business.
Woods Isaac sold 297 shares of ROK for $76,146 on Jun 07 ’24. The Vice President and Treasurer now owns 1,833 shares after completing the transaction at $256.38 per share. On Jun 07 ’24, another insider, Myers Tessa M., who serves as the SVP, Intelligent Devices of the company, sold 248 shares for $256.37 each. As a result, the insider received 63,579 and left with 4,246 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 29934864384 and an Enterprise Value of 33511976960. As of this moment, Rockwell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.95, and their Forward P/E ratio for the next fiscal year is 24.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 97.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.41 while its Price-to-Book (P/B) ratio in mrq is 9.00. Its current Enterprise Value per Revenue stands at 3.812 whereas that against EBITDA is 19.437.
Stock Price History:
The Beta on a monthly basis for ROK is 1.37, which has changed by -0.10417098 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, ROK has reached a high of $317.74, while it has fallen to a 52-week low of $242.81. The 50-Day Moving Average of the stock is -0.49%, while the 200-Day Moving Average is calculated to be -4.81%.
Shares Statistics:
ROK traded an average of 867.24K shares per day over the past three months and 896590 shares per day over the past ten days. A total of 114.80M shares are outstanding, with a floating share count of 113.23M. Insiders hold about 0.21% of the company’s shares, while institutions hold 85.34% stake in the company. Shares short for ROK as of 1722384000 were 2390293 with a Short Ratio of 2.76, compared to 1719532800 on 3597680. Therefore, it implies a Short% of Shares Outstanding of 2390293 and a Short% of Float of 2.4.
Dividends & Splits
With its trailing 12-month dividend rate of 4.93, ROK has a forward annual dividend rate of 5.00. Against a Trailing Annual Dividend Yield of 0.018876592The stock’s 5-year Average Dividend Yield is 1.75. The current Payout Ratio is 39.50% for ROK, which recently paid a dividend on 2024-08-12 with an ex-dividend date of 1723420800. Stock splits for the company last occurred on 1987-04-14 when the company split stock in a 2:1 ratio.