Rockwell Automation Inc [ROK] stock prices are up 2.85% to $275.28 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ROK shares have gain 6.48% over the last week, with a monthly amount glided 7.83%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Rockwell Automation Inc [NYSE: ROK] stock has seen the most recent analyst activity on March 06, 2024, when Berenberg downgraded its rating to a Hold and also revised its price target to $290 from $330. Previously, Daiwa Securities upgraded its rating to Buy on February 01, 2024, and kept the price target unchanged to $310. On February 01, 2024, Oppenheimer reiterated its Outperform rating and revised its price target to $300 on the stock. UBS upgraded its rating to a Buy and increased its price target to $360 on January 03, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $357 on December 19, 2023. In a note dated August 30, 2023, Barclays downgraded an Underweight rating on this stock and revised its target price from $300 to $287.
The stock price of Rockwell Automation Inc [ROK] has been fluctuating between $249.00 and $348.52 over the past year. Currently, Wall Street analysts expect the stock to reach $285.85 within the next 12 months. Rockwell Automation Inc [NYSE: ROK] shares were valued at $275.28 at the most recent close of the market. An investor can expect a potential return of 3.84% based on the average ROK price forecast.
Analyzing the ROK fundamentals
The Rockwell Automation Inc [NYSE:ROK] reported sales of 8.97B for trailing twelve months, representing a drop of -6.54%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.34 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 269.33 points at the first support level, and at 263.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 279.24, and for the 2nd resistance point, it is at 283.20.
Ratios To Look Out For
It’s worth pointing out that Rockwell Automation Inc [NYSE:ROK]’s Current Ratio is 1.11. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 3.50, the price to book ratio is 8.86 and price to earnings (TTM) ratio is 26.90.
Transactions by insiders
Recent insider trading involved Myers Tessa M., SVP, Intelligent Devices, that happened on Jun 11 ’24 when 528.0 shares were sold. SVP, Chief Information Officer, Nardecchia Christopher completed a deal on Jun 07 ’24 to sell 495.0 shares. Meanwhile, SVP,Chief Supply Chain Officer Buttermore Robert L. sold 495.0 shares on Jun 07 ’24.
