Rockwell Automation ROK underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 5 | 2 | 2 | 1 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 3 | 1 | 1 | 1 |
2M Ago | 0 | 1 | 1 | 1 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $268.1, a high estimate of $320.00, and a low estimate of $215.00. Experiencing a 3.87% decline, the current average is now lower than the previous average price target of $278.88.
Exploring Analyst Ratings: An In-Depth Overview
An in-depth analysis of recent analyst actions unveils how financial experts perceive Rockwell Automation. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Chris Snyder | Morgan Stanley | Announces | Overweight | $320.00 | - |
Stephen Tusa | JP Morgan | Lowers | Underweight | $227.00 | $245.00 |
Joseph Giordano | TD Cowen | Lowers | Sell | $215.00 | $220.00 |
Andrew Obin | B of A Securities | Lowers | Neutral | $270.00 | $300.00 |
Richard Eastman | Baird | Lowers | Outperform | $280.00 | $304.00 |
Noah Kaye | Oppenheimer | Lowers | Outperform | $270.00 | $295.00 |
Joseph O'Dea | Wells Fargo | Lowers | Overweight | $293.00 | $305.00 |
Julian Mitchell | Barclays | Lowers | Underweight | $245.00 | $250.00 |
Joseph O'Dea | Wells Fargo | Lowers | Overweight | $305.00 | $312.00 |
Richard Radbourne | Redburn Atlantic | Announces | Neutral | $256.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Rockwell Automation. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rockwell Automation compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Rockwell Automation's stock. This analysis reveals shifts in analysts' expectations over time.
For valuable insights into Rockwell Automation's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Rockwell Automation analyst ratings.
About Rockwell Automation
With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software & control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.
Rockwell Automation: Delving into Financials
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Rockwell Automation's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -8.4%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Rockwell Automation's net margin excels beyond industry benchmarks, reaching 11.26%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 6.72%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Rockwell Automation's ROA excels beyond industry benchmarks, reaching 2.05%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 1.23, Rockwell Automation faces challenges in effectively managing its debt levels, indicating potential financial strain.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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