Media coverage about Rockwell Automation (NYSE:ROK) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rockwell Automation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 45.0411260438187 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern’s analysis:
- Why Emerson Electric’s 25% Jump in 2017 Signals the Beginning of a Bull Run (finance.yahoo.com)
- Head-To-Head Contrast: Rockwell Automation (ROK) versus Emerson Electric (EMR) (americanbankingnews.com)
- Rockwell Automation Inc.: Rockwell Automation to Report Fiscal 2018 First Quarter Results (twst.com)
- Traders Buy High Volume of Rockwell Automation Put Options (ROK) (americanbankingnews.com)
A number of brokerages recently commented on ROK. lowered Rockwell Automation from a “hold” rating to a “reduce” rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Morgan Stanley restated an “equal weight” rating and issued a $173.00 target price (up from $168.00) on shares of Rockwell Automation in a research note on Monday, October 2nd. Stifel Nicolaus restated a “hold” rating and issued a $183.00 target price on shares of Rockwell Automation in a research note on Thursday, October 12th. Finally, Goldman Sachs Group restated a “neutral” rating and issued a $193.00 target price on shares of Rockwell Automation in a research note on Friday, December 8th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $171.60.
Rockwell Automation (NYSE:ROK) traded up $1.78 during trading on Friday, reaching $207.92. The company’s stock had a trading volume of 603,160 shares, compared to its average volume of 537,933. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. Rockwell Automation has a 1 year low of $138.97 and a 1 year high of $210.72. The firm has a market capitalization of $26,695.26, a price-to-earnings ratio of 32.79, a P/E/G ratio of 2.33 and a beta of 1.23.
Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share (EPS) for the quarter, missing the 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 company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the company earned $1.52 earnings per share. The business’s revenue was up 8.4% compared to the same quarter last year. sell-side analysts forecast that Rockwell Automation will post 7.39 EPS for the current fiscal year.
In other news, CEO Blake D. Moret sold 5,309 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $190.75, for a total value of $1,012,691.75. Following the completion of the sale, the chief executive officer now directly owns 30,720 shares in the company, valued at $5,859,840. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Steven W. Etzel sold 514 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $190.75, for a total value of $98,045.50. Following the completion of the sale, the vice president now owns 7,737 shares of the company’s stock, valued at $1,475,832.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,770 shares of company stock valued at $2,054,871. 1.65% of the stock is currently owned by corporate insiders.
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Rockwell Automation Company Profile
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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