Rockwell Automation Inc (NYSE: ROK) on Tuesday, plunged -1.58% from the previous trading day, before settling in for the closing price of $285.90. Within the past 52 weeks, ROK’s price has moved between $252.11 and $348.52.
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Annual sales at Industrials sector company grew by 6.62% over the past five years. The company achieved an average annual earnings per share of -2.01%. With a float of $114.35 million, this company’s outstanding shares have now reached $114.80 million.
Let’s look at the performance matrix of the company that is accounted for 29000 employees.
Rockwell Automation Inc (ROK) Insider Updates
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Rockwell Automation Inc is 0.21%, while institutional ownership is 78.16%. The most recent insider transaction that took place on Mar 06 ’24, was worth 477,556. In this transaction Sr. VP and CFO of this company sold 1,660 shares at a rate of $287.68, taking the stock ownership to the 10,557 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Sr. VP and CFO sold 1,989 for $288.17, making the entire transaction worth $573,169. This insider now owns 12,217 shares in total.
Rockwell Automation Inc (ROK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 57.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.56% during the next five years compared to 23.17% growth over the previous five years of trading.
Rockwell Automation Inc (NYSE: ROK) Trading Performance Indicators
Rockwell Automation Inc (ROK) is currently performing well based on its current performance indicators. A quick ratio of 0.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.53. Likewise, its price to free cash flow for the trailing twelve months is 28.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.51, a number that is poised to hit 2.17 in the next quarter and is forecasted to reach 13.23 in one year’s time.
Technical Analysis of Rockwell Automation Inc (ROK)
Rockwell Automation Inc (NYSE: ROK) saw its 5-day average volume 1.07 million, a positive change from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 60.01%. Additionally, its Average True Range was 7.14.
During the past 100 days, Rockwell Automation Inc’s (ROK) raw stochastic average was set at 48.28%, which indicates a significant increase from 35.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.44% in the past 14 days, which was lower than the 38.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $282.15, while its 200-day Moving Average is $292.14. Nevertheless, the first resistance level for the watch stands at $285.50 in the near term. At $289.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $294.38. If the price goes on to break the first support level at $276.62, it is likely to go to the next support level at $271.85. Assuming the price breaks the second support level, the third support level stands at $267.74.
Rockwell Automation Inc (NYSE: ROK) Key Stats
Market capitalization of the company is 32.24 billion based on 114,592K outstanding shares. Right now, sales total 9,058 M and income totals 1,387 M. The company made 2,052 M in profit during its latest quarter, and 215,200 K in sales during its previous quarter.
