News articles about Rockwell Automation (NYSE:ROK) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rockwell Automation earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 48.0897464253763 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Rockwell continues focus on diversity and inclusion through ‘Blind Spots’ event (bizjournals.com)
- Rockwell continues focus on diversity and inclusion through 'Blind Spots' event (finance.yahoo.com)
- Rockwell Automation Board of Directors Approves $1 Billion for Common Stock Repurchase (finance.yahoo.com)
- Rockwell Automation shares edge up after board approves $1 bln stock buyback (finance.yahoo.com)
- Global Industrial Timer Market 2018 – 2025 : Rockwell Automation, General Electric, OMEGA Engineering, Siemens … (clevelandpostgazette.com)
NYSE ROK opened at $182.09 on Friday. Rockwell Automation has a 52-week low of $155.81 and a 52-week high of $210.72. The company has a quick ratio of 1.60, a current ratio of 1.93 and a debt-to-equity ratio of 0.85. The firm has a market cap of $22.29 billion, a PE ratio of 26.94, a P/E/G ratio of 1.94 and a beta of 1.24.
Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Wednesday, July 25th. The industrial products company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.12. The company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. Rockwell Automation had a net margin of 5.97% and a return on equity of 48.24%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 EPS. equities analysts expect that Rockwell Automation will post 8.01 EPS for the current year.
Several research analysts have commented on the stock. Zacks Investment Research raised shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $202.00 price target for the company in a report on Friday, August 3rd. Wolfe Research started coverage on shares of Rockwell Automation in a report on Wednesday, June 27th. They issued a “market perform” rating for the company. UBS Group dropped their price objective on shares of Rockwell Automation from $210.00 to $205.00 and set a “buy” rating for the company in a report on Thursday, August 30th. ValuEngine raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Monday, May 14th. Finally, Goldman Sachs Group downgraded shares of Rockwell Automation from a “neutral” rating to a “sell” rating and set a $156.00 price objective for the company. in a report on Monday, July 16th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. Rockwell Automation has a consensus rating of “Hold” and a consensus price target of $184.38.
In related news, VP Steven W. Etzel sold 1,400 shares of Rockwell Automation stock in a transaction on Tuesday, July 31st. The shares were sold at an average price of $187.68, for a total value of $262,752.00. Following the transaction, the vice president now owns 8,668 shares in the company, valued at approximately $1,626,810.24. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Susan Schmitt sold 4,500 shares of Rockwell Automation stock in a transaction on Friday, August 24th. The stock was sold at an average price of $175.02, for a total transaction of $787,590.00. Following the completion of the transaction, the vice president now owns 15,967 shares in the company, valued at approximately $2,794,544.34. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,433 shares of company stock worth $2,086,894. 1.65% of the stock is owned by corporate insiders.
About Rockwell Automation
Rockwell Automation Inc provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.
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