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The closing price of Rockwell Automation Inc (NYSE: ROK) was $276.33 for the day, up 1.05% from the previous closing price of $273.47. In other words, the price has increased by $1.05 from its previous closing price. On the day, 0.66 million shares were traded. ROK stock price reached its highest trading level at $278.83 during the session, while it also had its lowest trading level at $272.47.
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 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:
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 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 31665205248 and an Enterprise Value of 34820280320. 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 20.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.03. 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 3.814 whereas that against EBITDA is 19.368.
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 -2.21%, while the 200-Day Moving Average is calculated to be -5.06%.
Shares Statistics:
ROK traded an average of 1.13M shares per day over the past three months and 1003160 shares per day over the past ten 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 78.15% stake in the company. Shares short for ROK as of 1711584000 were 2826883 with a Short Ratio of 2.50, compared to 1709164800 on 2005204. Therefore, it implies a Short% of Shares Outstanding of 2826883 and a Short% of Float of 2.7999999.
Dividends & Splits
With its trailing 12-month dividend rate of 4.79, ROK has a forward annual dividend rate of 4.86. Against a Trailing Annual Dividend Yield of 0.017515631The stock’s 5-year Average Dividend Yield is 1.79.
