Somewhat Favorable News Coverage Somewhat Unlikely to Affect Rockwell Automation (ROK) Share Price

Headlines about Rockwell Automation (NYSE:ROK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rockwell Automation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.1370288998207 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have effected Accern’s analysis:

Rockwell Automation (NYSE ROK) traded up $1.31 on Tuesday, reaching $197.66. 613,370 shares of the company’s stock traded hands, compared to its average volume of 550,135. Rockwell Automation has a 12-month low of $135.18 and a 12-month high of $210.72. The company has a current ratio of 2.06, a quick ratio of 1.80 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $25,400.00, a P/E ratio of 31.13, a P/E/G ratio of 2.20 and a beta of 1.23.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same period last year, the firm posted $1.52 earnings per share. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. analysts forecast that Rockwell Automation will post 7.39 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 13th were paid a $0.835 dividend. This is an increase from Rockwell Automation’s previous quarterly dividend of $0.76. This represents a $3.34 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend was Friday, November 10th. Rockwell Automation’s payout ratio is 52.60%.

A number of equities analysts recently weighed in on the stock. downgraded shares of Rockwell Automation from a “hold” rating to a “reduce” rating in a research note on Thursday, November 2nd. Morgan Stanley reissued an “equal weight” rating and set a $173.00 target price (up previously from $168.00) on shares of Rockwell Automation in a research note on Monday, October 2nd. Zacks Investment Research downgraded shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Stifel Nicolaus reissued a “hold” rating and set a $183.00 target price on shares of Rockwell Automation in a research note on Thursday, October 12th. Finally, ValuEngine raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Thursday, September 7th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. Rockwell Automation has an average rating of “Hold” and a consensus price target of $169.81.

In other news, CEO Blake D. Moret sold 5,309 shares of Rockwell Automation stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $190.75, for a total transaction of $1,012,691.75. Following the completion of the transaction, the chief executive officer now directly owns 30,720 shares in the company, valued at $5,859,840. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Sujeet Chand sold 3,371 shares of Rockwell Automation stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $190.85, for a total transaction of $643,355.35. Following the transaction, the senior vice president now owns 47,183 shares of the company’s stock, valued at $9,004,875.55. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,770 shares of company stock valued at $2,054,871. Insiders own 1.28% of the company’s stock.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

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