Momentum Is Strong For Rockwell Automation Inc (NYSE: ROK)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Timothy Knavish elected to Rockwell Automation Board of Directors.

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Stocks Info

This NYSE-listed company operates within the Specialty Industrial Machinery industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $278.71 and fluctuated between $279.77 as its day high and $270.22 as its day low. The current market capitalization of Rockwell Automation Inc is $31.94B. A total of 2.03 million shares were traded on the day, compared to an average of 932.56K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ROK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 41 SELLs from insiders. Insiders purchased 49,329 shares during that period but sold 49,251.

In the most recent transaction, GENEREUX SCOTT sold 955 shares of ROK for 262.83 per share on Feb 02. After the transaction, the Sr.VP, Chief Revenue Officer now owns 4,883 company shares. In a previous transaction on Feb 02, Shepherd Brian A sold 637 shares at 262.87 per share. ROK shares that Sr. VP Software and Control owns now total 5,088.

Among the insiders who sold shares, Moret Blake D. disposed of 6,644 shares on Dec 11 at a per-share price of $279.68. This resulted in the President and CEO holding 73,715 shares of ROK after the transaction. In another insider transaction, House Rebecca W sold 1,467 shares at $279.71 per share on Dec 11. Company shares held by the SVP, CLO and Secretary now total 8,482.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Rockwell Automation Inc pays an annual dividend of $5.06, resulting in a dividend yield of 1.82%, and it has a price to earnings (P/E) ratio of 26.51. ROK’s most recent ex-dividend date was 2/16/2024 when it declared a $1.25 quarterly dividend that was paid in cash on 3/11/2024. Previously, the company paid the dividend on 12/11/2023 with an ex-dividend date of 11/10/2023. The ROK stock dividend was $1.25 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ROK in the last 3 months, the mean price target is $290.86 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 $252.11.

As of this writing, ROK has an earnings estimate of $2.24 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $2.44 per share and a lower estimate of $2.09. The company reported an EPS of $3.64 in the last quarter, which was 5.50% higher than expectations of $3.45.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $31.48, while its Total Shareholder’s Equity was $2.69B.

Analysts Opinion

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. 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 3.22.

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