The stock of Rockwell Automation Inc (ROK) has gone up by 3.37% for the week, with a 4.45% rise in the past month and a 9.04% rise in the past quarter. The volatility ratio for the week is 2.51%, and the volatility levels for the past 30 days are 2.17% for ROK. The simple moving average for the past 20 days is 4.86% for ROK’s stock, with a 5.69% simple moving average for the past 200 days.
Is It Worth Investing in Rockwell Automation Inc (NYSE: ROK) Right Now?
The price-to-earnings ratio for Rockwell Automation Inc (NYSE: ROK) is 34.58x, which is above its average ratio. Moreover, the 36-month beta value for ROK is 1.35. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 16 as “hold,” and 3 as “sell.”
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The public float for ROK is 113.23M and currently, short sellers hold a 1.83% of that float. On November 15, 2024, ROK’s average trading volume was 682.36K shares.
ROK) stock’s latest price update
Rockwell Automation Inc (NYSE: ROK) has seen a decline in its stock price by -0.05 in relation to its previous close of 286.57. However, the company has experienced a 3.37% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-14 that Eight dividend contenders are increasing their dividends this week, with an average increase of 7.1% and a median of 4.4%. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance against benchmarks. The list is derived from merging U.S. Dividend Champions data with NASDAQ’s upcoming dividend information, ensuring at least five years of dividend growth.
Analysts’ Opinion of ROK
Many brokerage firms have already submitted their reports for ROK stocks, with UBS repeating the rating for ROK by listing it as a “Neutral.” The predicted price for ROK in the upcoming period, according to UBS is $313 based on the research report published on November 13, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see ROK reach a price target of $345. The rating they have provided for ROK stocks is “Outperform” according to the report published on November 13th, 2024.
Morgan Stanley gave a rating of “Overweight” to ROK, setting the target price at $320 in the report published on September 06th of the current year.
ROK Trading at 6.66% 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 -8.42% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.51%, as shares surge +5.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.49% upper at present.
During the last 5 trading sessions, ROK rose by +3.37%, which changed the moving average for the period of 200-days by +13.09% in comparison to the 20-day moving average, which settled at $273.16. In addition, Rockwell Automation Inc saw -7.75% 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 Rothe Christian E, who purchase 6,145 shares at the price of $274.63 back on Nov 11 ’24. After this action, Rothe Christian E now owns 6,145 shares of Rockwell Automation Inc, valued at $1,687,597 using the latest closing price.
Rothe Christian E, the Sr. VP and CFO of Rockwell Automation Inc, purchase 1,128 shares at $277.75 during a trade that took place back on Nov 12 ’24, which means that Rothe Christian E is holding 7,273 shares at $313,307 based on the most recent closing price.
Stock Fundamentals for ROK
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.45 for the gross margin
The net margin for Rockwell Automation Inc stands at 0.14. The total capital return value is set at 0.17. Equity return is now at value 26.86, with 8.41 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 0.35. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 16.29.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 2.18. When we switch over and look at the enterprise to sales, we see a ratio of 5.1. The receivables turnover for the company is 3.88for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
To wrap up, the performance of Rockwell Automation Inc (ROK) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
