The -13.88% Decline of Rockwell Automation Inc’s (ROK) Stock in the Past Quarter

The stock of Rockwell Automation Inc (ROK) has gone down by -1.61% for the week, with a -2.88% drop in the past month and a -8.65% drop in the past quarter. The volatility ratio for the week is 2.08%, and the volatility levels for the past 30 days are 2.58% for ROK. The simple moving average for the past 20 days is -1.95% for ROK’s stock, with a -4.78% simple moving average for the past 200 days.

Is It Worth Investing in Rockwell Automation Inc (NYSE: ROK) Right Now?

Rockwell Automation Inc (NYSE: ROK) has a price-to-earnings ratio that is above its average at 26.62x. The stock has a 36-month beta value of 1.44. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 15 as “hold,” and 3 as “sell.”

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The public float for ROK is 114.35M, and at present, short sellers hold a 1.93% of that float. On April 04, 2024, the average trading volume of ROK was 1.06M shares.

ROK) stock’s latest price update

The stock price of Rockwell Automation Inc (NYSE: ROK) has plunged by -0.12 when compared to previous closing price of 280.23, but the company has seen a -1.61% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that The latest trading day saw Rockwell Automation (ROK) settling at $280.23, representing a -1.11% change from its previous close.

Analysts’ Opinion of ROK

Many brokerage firms have already submitted their reports for ROK stocks, with Berenberg repeating the rating for ROK by listing it as a “Hold.” The predicted price for ROK in the upcoming period, according to Berenberg is $290 based on the research report published on March 06, 2024 of the current year 2024.

Daiwa Securities, on the other hand, stated in their research note that they expect to see ROK reach a price target of $310. The rating they have provided for ROK stocks is “Buy” according to the report published on February 01st, 2024.

Oppenheimer gave a rating of “Outperform” to ROK, setting the target price at $300 in the report published on February 01st of the current year.

ROK Trading at -1.41% from the 50-Day Moving Average

After a stumble in the market that brought ROK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.69% of loss for the given period.

Volatility was left at 2.58%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares sank -2.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.43% lower at present.

During the last 5 trading sessions, ROK fell by -1.61%, which changed the moving average for the period of 200-days by -12.38% in comparison to the 20-day moving average, which settled at $285.07. In addition, Rockwell Automation Inc saw -9.86% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ROK starting from Gangestad Nicholas C, who sale 1,660 shares at the price of $287.68 back on Mar 06 ’24. After this action, Gangestad Nicholas C now owns 10,557 shares of Rockwell Automation Inc, valued at $477,556 using the latest closing price.

Gangestad Nicholas C, the Sr. VP and CFO of Rockwell Automation Inc, sale 1,989 shares at $288.17 during a trade that took place back on Mar 04 ’24, which means that Gangestad Nicholas C is holding 12,217 shares at $573,169 based on the most recent closing price.

Stock Fundamentals for ROK

Current profitability levels for the company are sitting at:

  • 0.16 for the present operating margin
  • 0.41 for the gross margin

The net margin for Rockwell Automation Inc stands at 0.13. The total capital return value is set at 0.18. Equity return is now at value 37.20, with 10.79 for asset returns.

Based on Rockwell Automation Inc (ROK), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 10.95.

Currently, EBITDA for the company is 1.87 billion with net debt to EBITDA at 1.88. When we switch over and look at the enterprise to sales, we see a ratio of 3.88. The receivables turnover for the company is 4.72for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.

Conclusion

To sum up, Rockwell Automation Inc (ROK) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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