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NYSE:ROK

Rockwell Automation (ROK) Stock Price, News & Analysis

$266.16
-1.06 (-0.40%)
(As of 10/8/2024 ET)

About Rockwell Automation Stock (NYSE:ROK)

Key Stats

Today's Range
$261.75
$267.76
50-Day Range
$248.27
$278.65
52-Week Range
$242.81
$312.76
Volume
434,296 shs
Average Volume
900,941 shs
Market Capitalization
$30.34 billion
P/E Ratio
26.02
Dividend Yield
1.88%
Price Target
$283.60
Consensus Rating
Hold

Company Overview

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, and warehousing and logistics, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

Rockwell Automation Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

ROK MarketRank™: 

Rockwell Automation scored higher than 91% of companies evaluated by MarketBeat, and ranked 27th out of 172 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Rockwell Automation has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 6 buy ratings, 6 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    Rockwell Automation has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Rockwell Automation's stock forecast and price target.
  • Earnings Growth

    Earnings for Rockwell Automation are expected to grow by 10.44% in the coming year, from $9.67 to $10.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Rockwell Automation is 26.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Rockwell Automation is 26.02, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.62.

  • Price to Earnings Growth Ratio

    Rockwell Automation has a PEG Ratio of 4.64. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Rockwell Automation has a P/B Ratio of 8.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Rockwell Automation's valuation and earnings.
  • Percentage of Shares Shorted

    2.39% of the float of Rockwell Automation has been sold short.
  • Short Interest Ratio / Days to Cover

    Rockwell Automation has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

  • Dividend Yield

    Rockwell Automation pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Rockwell Automation has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of Rockwell Automation is 48.88%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Rockwell Automation will have a dividend payout ratio of 46.82% next year. This indicates that Rockwell Automation will be able to sustain or increase its dividend.

  • Read more about Rockwell Automation's dividend.
  • Percentage of Shares Shorted

    2.39% of the float of Rockwell Automation has been sold short.
  • Short Interest Ratio / Days to Cover

    Rockwell Automation has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

  • News Sentiment

    Rockwell Automation has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Rockwell Automation this week, compared to 11 articles on an average week.
  • Search Interest

    6 people have searched for ROK on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Rockwell Automation to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Rockwell Automation insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.68% of the stock of Rockwell Automation is held by insiders.

  • Percentage Held by Institutions

    75.75% of the stock of Rockwell Automation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Rockwell Automation's insider trading history.
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ROK Stock News Headlines

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3 Fresh Stock Buybacks: These are the Ones to Buy
These stocks announce share buybacks that provide value to investors by reducing the share count. Hurdles remain, but their share prices are heading higher.
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The Latest Analyst Ratings For Rockwell Automation
Barclays Sticks to Its Sell Rating for Rockwell Automation (ROK)
See More Headlines

ROK Stock Analysis - Frequently Asked Questions

Rockwell Automation's stock was trading at $310.48 on January 1st, 2024. Since then, ROK stock has decreased by 14.3% and is now trading at $266.16.
View the best growth stocks for 2024 here
.

Rockwell Automation, Inc. (NYSE:ROK) posted its quarterly earnings data on Wednesday, August, 7th. The industrial products company reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.63. The business's revenue for the quarter was down 8.4% on a year-over-year basis.
Read the conference call transcript
.

Rockwell Automation's Board of Directors authorized a stock buyback plan on Thursday, September 5th 2024, which allows the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 3.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Rockwell Automation subsidiaries include Swinton Technology, Avata, Plex Systems., Fiix Inc., Oylo, ASEM, Kalypso, and others.

Rockwell Automation's top institutional shareholders include Handelsbanken Fonder AB (0.19%), Jacobs & Co. CA (0.03%), Rockland Trust Co. (0.02%) and Talbot Financial LLC (0.02%). Insiders that own company stock include Blake D Moret, Frank C Kulaszewicz, Nicholas C Gangestad, Christopher Nardecchia, Rebecca W House, Brian A Shepherd, Patricia A Watson, John M Miller, Cyril Perducat, Tessa M Myers, Veena M Lakkundi, Scott Genereux, Robert L Buttermore, Terry L Riesterer, Isaac Woods, Elik I Fooks and Ernest Nicolas.
View institutional ownership trends
.

Shares of ROK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Rockwell Automation investors own include Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), QUALCOMM (QCOM), Walt Disney (DIS), Micron Technology (MU) and Tesla (TSLA).

Company Calendar

Last Earnings
8/07/2024
Ex-Dividend for 9/10 Dividend
8/12/2024
Dividend Payable
9/10/2024
Today
10/08/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Electrical Components & Equipment
CUSIP
77390310
Employees
29,000
Year Founded
1903

Price Target and Rating

Average Stock Price Target
$283.60
High Stock Price Target
$360.00
Low Stock Price Target
$215.00
Potential Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
15 Analysts

Profitability

Net Income
$1.39 billion
Pretax Margin
12.99%

Debt

Sales & Book Value

Annual Sales
$8.79 billion
Cash Flow
$16.11 per share
Book Value
$32.59 per share

Miscellaneous

Free Float
113,228,000
Market Cap
$30.34 billion
Optionable
Optionable
Beta
1.36

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This page (NYSE:ROK) was last updated on 10/8/2024 by MarketBeat.com Staff
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