The stock price of Rockwell Automation Inc (NYSE: ROK) has surged by 0.79 when compared to previous closing price of 266.71, but the company has seen a -0.38% decline in its stock price over the last five trading sessions. zacks.com reported 2024-10-31 that Rockwell Automation (ROK) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Rockwell Automation Inc (NYSE: ROK) Right Now?
Rockwell Automation Inc (NYSE: ROK) has a higher price-to-earnings ratio of 30.51x compared to its average ratio. ROK has 36-month beta value of 1.36. Analysts have mixed views on the stock, 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 113.23M, and currently, short sellers hold a 2.03% ratio of that float. The average trading volume of ROK on November 01, 2024 was 645.40K shares.
ROK’s Market Performance
ROK’s stock has seen a -0.38% decrease for the week, with a 1.45% rise in the past month and a 8.28% gain in the past quarter. The volatility ratio for the week is 1.25%, and the volatility levels for the past 30 days are at 1.61% for Rockwell Automation Inc The simple moving average for the last 20 days is -0.33% for ROK stock, with a simple moving average of -1.14% for the last 200 days.
Analysts’ Opinion of ROK
Many brokerage firms have already submitted their reports for ROK stocks, with Morgan Stanley repeating the rating for ROK by listing it as a “Overweight.” The predicted price for ROK in the upcoming period, according to Morgan Stanley is $320 based on the research report published on September 06, 2024 of the current year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see ROK reach a price target of $256. The rating they have provided for ROK stocks is “Neutral” according to the report published on July 08th, 2024.
Berenberg gave a rating of “Hold” to ROK, setting the target price at $290 in the report published on March 06th of the current year.
ROK Trading at 1.06% 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 -14.05% of loss for the given period.
Volatility was left at 1.61%, however, over the last 30 days, the volatility rate increased by 1.25%, as shares surge +0.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.13% upper at present.
During the last 5 trading sessions, ROK fell by -0.46%, which changed the moving average for the period of 200-days by -10.50% in comparison to the 20-day moving average, which settled at $269.71. In addition, Rockwell Automation Inc saw -13.42% 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 Myers Tessa M., who sale 528 shares at the price of $253.78 back on Jun 11 ’24. After this action, Myers Tessa M. now owns 3,718 shares of Rockwell Automation Inc, valued at $133,996 using the latest closing price.
Woods Isaac, the Vice President and Treasurer of Rockwell Automation Inc, sale 297 shares at $256.38 during a trade that took place back on Jun 07 ’24, which means that Woods Isaac is holding 1,833 shares at $76,146 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
- 0.39 for the gross margin
The net margin for Rockwell Automation Inc stands at 0.12. The total capital return value is set at 0.19. Equity return is now at value 30.34, with 8.82 for asset returns.
Based on Rockwell Automation Inc (ROK), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is 9.77.
Currently, EBITDA for the company is 1.87 billion with net debt to EBITDA at 2.14. When we switch over and look at the enterprise to sales, we see a ratio of 3.89. The receivables turnover for the company is 4.69for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To put it simply, Rockwell Automation Inc (ROK) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
