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Wednesday, February 8, 2023

Rockwell Automation Inc. (ROK) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Rockwell Automation Inc. (ROK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $6.54, or 2.46%, to $271.86. The Rockwell Automation Inc. has recorded 44,615 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Rockwell Automation to Report First Quarter Fiscal 2023 Results.

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Stocks Info

Rockwell Automation Inc. is listed on the NYSE in the Industrials sector while operating in the Specialty Industrial Machinery industry. At the end of the last regular session, the stock closed at $265.32 and fluctuated between $272.29 as its day high and $265.32 as its day low. The current market capitalization of Rockwell Automation Inc. is $30.04B. A total of 0.88 million shares were traded on the day, compared to an average of 723.12K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ROK has seen 40 BUY and 61 SELL insider trades, representing the acquisition of 47,901 and the disposition of 23,819 shares. Over the last 12 months, there were 51 BUYs and 70 SELLs from insiders. Insiders purchased 63,401 shares during that period but sold 29,540.

In the most recent transaction, Kulaszewicz Frank C sold 291 shares of ROK for 264.40 per share on Dec 15. After the transaction, the SVP now owns 14,885 company shares. In a previous transaction on Dec 12, Woods Isaac sold 19 shares at 258.88 per share. ROK shares that Vice President and Treasurer owns now total 552.

Among the insiders who sold shares, Wlodarczyk Francis disposed of 201 shares on Dec 12 at a per-share price of $258.64. This resulted in the SVP holding 10,944 shares of ROK after the transaction. In another insider transaction, Riesterer Terry L. sold 32 shares at $258.67 per share on Dec 12. Company shares held by the Vice President and Controller now total 1,669.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Rockwell Automation Inc. pays an annual dividend of $4.72, resulting in a dividend yield of 1.78%, and it has a price to earnings (P/E) ratio of 33.29. ROK’s most recent ex-dividend date was 11/10/2022 when it declared a $1.18 quarterly dividend that was paid in cash on 12/12/2022. Previously, the company paid the dividend on 9/12/2022 with an ex-dividend date of 8/12/2022. The ROK stock dividend was $1.12 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ROK in the last 3 months, the mean price target is $259.67 with high estimates of $323.00 and low estimates of $195.00. In terms of 52-week highs and lows, ROK has a high of $324.66 and a low of $190.08.

As of this writing, ROK has an earnings estimate of $2.97 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $3.1 per share and a lower estimate of $2.78. The company reported an EPS of $1.66 in the last quarter, which was -26.50% lower than expectations of $2.26.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 25 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ROK is Sell with a score of 3.06. A total of 6 analysts rated the stock as Buy while 3 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 5 thought it should be Sold.

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