After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Rockwell Automation to Report First Quarter Fiscal 2024 Results.
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Stocks Info
The company is listed on the NYSE and operates within the Specialty Industrial Machinery industry segment. The current market capitalization of Rockwell Automation Inc is $33.84B. A total of 0.57 million shares were traded on the day, compared to an average of 871.83K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ROK has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 1,876 and the disposition of 597 shares. Over the last 12 months, there were 21 BUYs and 46 SELLs from insiders. Insiders purchased 58,428 shares during that period but sold 56,254.
In the most recent transaction, Moret Blake D. sold 6,644 shares of ROK for 279.68 per share on Dec 11. After the transaction, the President and CEO now owns 73,715 company shares. In a previous transaction on Dec 11, House Rebecca W sold 1,467 shares at 279.71 per share. ROK shares that SVP, CLO and Secretary owns now total 8,482.
Among the insiders who sold shares, Kulaszewicz Frank C disposed of 1,299 shares on Dec 11 at a per-share price of $279.69. This resulted in the Senior Vice President holding 15,231 shares of ROK after the transaction. In another insider transaction, Nardecchia Christopher sold 722 shares at $279.72 per share on Dec 11. Company shares held by the SVP, Chief Information Officer now total 10,027.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Rockwell Automation Inc pays an annual dividend of $5.04, resulting in a dividend yield of 1.71%, and it has a price to earnings (P/E) ratio of 24.69. ROK’s most recent ex-dividend date was 11/10/2023 when it declared a $1.25 quarterly dividend that was paid in cash on 12/11/2023. Previously, the company paid the dividend on 9/11/2023 with an ex-dividend date of 8/11/2023. The ROK stock dividend was $1.18 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ROK in the last 3 months, the mean price target is $307.96 with high estimates of $366.00 and low estimates of $220.00. In terms of 52-week highs and lows, ROK has a high of $348.52 and a low of $252.19.
As of this writing, ROK has an earnings estimate of $2.63 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.89 per share and a lower estimate of $2.41. The company reported an EPS of $3.01 in the last quarter, which was -5.00% lower than expectations of $3.17.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ROK’s latest balance sheet shows that the firm has $662.20M in Cash & Short Term Investments as of fiscal 2021. There were $4.38B in debt and $2.99B in liabilities at the time. Its Book Value Per Share was $31.02, while its Total Shareholder’s Equity was $2.69B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 3.12.
