Media stories about Rockwell Collins (NYSE:COL) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rockwell Collins earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 44.8916318175813 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Aerospace And Defense Stocks: What Best Wealth-Builders Now? (seekingalpha.com)
- Flight Tracking System Market Progresses for Huge Profits During 2024 (sbwire.com)
- Peoples Financial Services Corp. Buys DowDuPont Inc, iShares MSCI EAFE, Southwestern Energy Co, Sells EI du … – GuruFocus.com (blog) (gurufocus.com)
- Bernstein Liebhard LLP Announces Investigation Into The Proposed Sale Of Rockwell Collins, Inc. – PR Newswire (press release) (prnewswire.com)
COL has been the subject of several research reports. Vetr raised shares of Rockwell Collins from a “hold” rating to a “strong-buy” rating and set a $166.10 price target for the company in a research report on Monday, August 21st. Canaccord Genuity raised shares of Rockwell Collins from a “hold” rating to a “buy” rating and upped their price target for the company from $108.00 to $125.00 in a research report on Tuesday, August 1st. Morgan Stanley set a $135.00 price target on shares of Rockwell Collins and gave the company a “buy” rating in a research report on Thursday, August 17th. Citigroup Inc. upped their price target on shares of Rockwell Collins from $93.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Finally, Credit Suisse Group reaffirmed a “neutral” rating on shares of Rockwell Collins in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, nineteen have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $126.22.
Shares of Rockwell Collins (COL) opened at 134.57 on Friday. Rockwell Collins has a one year low of $78.54 and a one year high of $135.31. The firm’s 50-day moving average is $131.89 and its 200-day moving average is $114.65. The stock has a market capitalization of $21.86 billion, a price-to-earnings ratio of 26.71 and a beta of 0.73.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings data on Friday, July 28th. The aerospace company reported $1.64 EPS for the quarter, beating the Zacks’ consensus estimate of $1.58 by $0.06. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Rockwell Collins had a return on equity of 26.20% and a net margin of 11.52%. The business’s revenue was up 57.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.63 earnings per share. Equities research analysts forecast that Rockwell Collins will post $6.10 EPS for the current year.
Rockwell Collins announced that its board has approved a share buyback plan on Friday, July 7th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the aerospace company to repurchase up to 1.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.
In other Rockwell Collins news, Director Harlan Donnley Meade acquired 1,666,667 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was acquired at an average cost of $0.06 per share, for a total transaction of $100,000.02. 1.50% of the stock is owned by insiders.
About Rockwell Collins
Rockwell Collins, Inc designs, produces and supports communications and aviation systems for commercial and military customers. The Company provides information management services through voice and data communication networks and solutions across the world. The Company operates through three segments: Commercial Systems, Government Systems and Information Management Services.
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