Rockwell Automation Inc [ROK] stock is trading at $271.00, up 3.01%. An important factor to consider is whether the stock is rising or falling in short-term value. The ROK shares have lost -0.54% over the last week, with a monthly amount glided 1.93%, 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 July 08, 2024, when Redburn Atlantic initiated its Neutral rating and assigned the stock a price target of $256. Previously, Berenberg downgraded its rating to Hold on March 06, 2024, and dropped its price target to $290. On February 01, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $310 on the stock. Oppenheimer reiterated its Outperform rating and decreased its price target to $300 on February 01, 2024. UBS upgraded its rating to a Buy and raised its price target to $360 on January 03, 2024. Wells Fargo upgraded its rating to Overweight for this stock on December 19, 2023, and upped its price target to $357. In a note dated October 03, 2023, KeyBanc Capital Markets initiated an Sector Weight rating.
Rockwell Automation Inc [ROK] stock has fluctuated between $249.00 and $339.65 over the past year. Currently, Wall Street analysts expect the stock to reach $284.43 within the next 12 months. Rockwell Automation Inc [NYSE: ROK] shares were valued at $271.00 at the most recent close of the market. An investor can expect a potential return of 4.96% based on the average ROK price forecast.
Analyzing the ROK fundamentals
Rockwell Automation Inc [NYSE:ROK] reported sales of 8.97B for the trailing twelve months, which represents 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 262.33 points at the first support level, and at 253.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 277.33, and for the 2nd resistance point, it is at 283.67.
Ratios To Look Out For
For context, Rockwell Automation Inc’s Current Ratio is 1.11. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 3.44, the price to book ratio is 8.72 and price to earnings (TTM) ratio is 26.48.
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.
