Is Rockwell Automation Inc (NYSE: ROK) No Longer A Good Investment?

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. The stock was recently discussed on Yahoo Finance as it revealed that New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce.

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Stocks Info

This NYSE-listed company operates within the Specialty Industrial Machinery industry segment, falling under the Industrials sector. The current market capitalization of Rockwell Automation Inc is $33.37B. A total of 0.66 million shares were traded on the day, compared to an average of 1.04M shares.

In the most recent transaction, Gangestad Nicholas C sold 1,660 shares of ROK for 287.68 per share on Mar 06 ’24. After the transaction, the Sr. VP and CFO now owns 10,557 company shares. In a previous transaction on Mar 04 ’24, Gangestad Nicholas C sold 1,989 shares at 288.17 per share. ROK shares that Sr. VP and CFO owns now total 12,217.

Among the insiders who sold shares, Buttermore Robert L. disposed of 1,664 shares on Mar 04 ’24 at a per-share price of $290.00. This resulted in the SVP,Chief Supply Chain Officer holding 647 shares of ROK after the transaction. In another insider transaction, GENEREUX SCOTT sold 500 shares at $290.00 per share on Mar 04 ’24. Company shares held by the Sr.VP, Chief Revenue Officer now total 2,383.

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 $4.86, resulting in a dividend yield of 1.67%, and it has a price to earnings (P/E) ratio of 27.70. 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. 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 $2.22 per share for the current quarter. EPS was calculated based on a consensus of 18 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 3.21.

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