Rockwell Automation (ROK) Given News Impact Score of 0.10
News stories about Rockwell Automation (NYSE:ROK) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rockwell Automation earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.1136572579903 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of brokerages recently issued reports on ROK. downgraded Rockwell Automation from a “hold” rating to a “reduce” rating in a research report on Thursday, November 2nd. JPMorgan Chase & Co. initiated coverage on Rockwell Automation in a research report on Wednesday, November 29th. They issued a “neutral” rating on the stock. Wolfe Research upgraded Rockwell Automation from a “market perform” rating to an “outperform” rating in a research report on Monday, November 20th. Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a research report on Monday, November 20th. Finally, Daiwa Capital Markets initiated coverage on Rockwell Automation in a research report on Wednesday, December 20th. They set a “neutral” rating and a $199.00 price target on the stock. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $171.60.
Rockwell Automation (NYSE ROK) traded down $0.62 during midday trading on Wednesday, reaching $202.13. The company’s stock had a trading volume of 543,428 shares, compared to its average volume of 760,233. Rockwell Automation has a twelve month low of $138.28 and a twelve month high of $210.72. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $25,970.00, a P/E ratio of 31.83, a price-to-earnings-growth ratio of 2.24 and a beta of 1.23.
Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the previous year, the business earned $1.52 EPS. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. analysts expect that Rockwell Automation will post 7.39 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were paid a dividend of $0.835 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $0.76. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date was Friday, November 10th. Rockwell Automation’s dividend payout ratio (DPR) is 52.60%.
In other news, CEO Blake D. Moret sold 5,309 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $190.75, for a total transaction of $1,012,691.75. Following the transaction, the chief executive officer now directly owns 30,720 shares of the company’s stock, valued at $5,859,840. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Sujeet Chand sold 3,371 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $190.85, for a total value of $643,355.35. Following the transaction, the senior vice president now directly owns 47,183 shares in the company, valued at $9,004,875.55. The disclosure for this sale can be found here. Insiders have sold 10,770 shares of company stock worth $2,054,871 over the last ninety days. Insiders own 1.28% of the company’s stock.
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About Rockwell Automation
Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.
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