Media headlines about Rockwell Automation (NYSE:ROK) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rockwell Automation earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.423844448564 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Rockwell Automation (ROK) versus FARO Technologies (FARO) Financial Analysis (americanbankingnews.com)
- Analysts Expect Rockwell Automation, Inc. (ROK) to Post $1.73 EPS (americanbankingnews.com)
- Global Industrial Safety Relays and Timers Market 2017-2021 – Key Vendors are ABB, EATON, Rockwell Automation, Schneider Electric & Siemens – Research and Markets (markets.financialcontent.com)
- Rockwell Automation Rejects Third Proposal From Emerson — 2nd Update (ih.advfn.com)
- Rockwell Automation Board Rejects Emerson’s Unsolicited Proposal – Quick Facts (rttnews.com)
Shares of Rockwell Automation (ROK) traded up $0.46 during trading on Monday, reaching $191.48. The company’s stock had a trading volume of 280,000 shares, compared to its average volume of 868,447. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.80 and a current ratio of 2.06. Rockwell Automation has a 52-week low of $129.66 and a 52-week high of $210.72. The firm has a market cap of $24,610.00, a P/E ratio of 28.37, a P/E/G ratio of 2.15 and a beta of 1.24.
Rockwell Automation (NYSE:ROK) last issued 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 return on equity of 38.67% and a net margin of 13.08%. The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the previous year, the business posted $1.52 earnings per share. The business’s revenue was up 8.4% on a year-over-year basis. analysts forecast that Rockwell Automation will post 7.4 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be issued a dividend of $0.835 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $0.76. This represents a $3.34 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Friday, November 10th. Rockwell Automation’s dividend payout ratio (DPR) is presently 52.52%.
A number of analysts recently weighed in on ROK shares. Zacks Investment Research downgraded Rockwell Automation from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Cowen Inc restated a “hold” rating and issued a $140.00 price objective on shares of Rockwell Automation in a report on Sunday, September 17th. ValuEngine upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a report on Thursday, September 7th. Credit Suisse Group restated a “neutral” rating and issued a $174.00 price objective (up from $154.00) on shares of Rockwell Automation in a report on Wednesday, October 11th. Finally, downgraded Rockwell Automation from a “hold” rating to a “reduce” rating in a report on Thursday, November 2nd. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $165.00.
In other Rockwell Automation news, insider Blake D. Moret sold 1,723 shares of the stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $170.06, for a total transaction of $293,013.38. Following the completion of the sale, the insider now directly owns 22,849 shares in the company, valued at approximately $3,885,700.94. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Blake D. Moret sold 5,677 shares of the stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $170.10, for a total value of $965,657.70. Following the sale, the insider now owns 21,426 shares of the company’s stock, valued at $3,644,562.60. The disclosure for this sale can be found here. Company insiders own 1.65% of the company’s stock.
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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