Rockwell Collins (COL) Getting Somewhat Positive News Coverage, Report Finds

News articles about Rockwell Collins (NYSE:COL) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rockwell Collins earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 45.1658267028445 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s analysis:

A number of analysts recently weighed in on COL shares. Credit Suisse Group reissued a “buy” rating and issued a $120.00 price target on shares of Rockwell Collins in a report on Wednesday, July 19th. Bank of America Corporation lowered their price target on shares of Rockwell Collins from $115.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, June 9th. Goldman Sachs Group, Inc. (The) set a $96.00 price target on shares of Rockwell Collins and gave the company a “sell” rating in a report on Tuesday, August 1st. Morgan Stanley set a $135.00 price target on shares of Rockwell Collins and gave the company a “buy” rating in a report on Thursday, August 17th. Finally, BidaskClub lowered shares of Rockwell Collins from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, eighteen have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $122.34.

Shares of Rockwell Collins (COL) traded up 0.18% during midday trading on Thursday, hitting $130.39. 2,097,926 shares of the company were exchanged. The firm has a market capitalization of $21.19 billion, a price-to-earnings ratio of 25.88 and a beta of 0.75. The firm’s 50 day moving average price is $126.75 and its 200 day moving average price is $109.38. Rockwell Collins has a one year low of $78.54 and a one year high of $135.31.

Rockwell Collins (NYSE:COL) last issued its earnings results on Friday, July 28th. The aerospace company reported $1.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.58 by $0.06. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. Rockwell Collins had a net margin of 11.52% and a return on equity of 26.20%. Rockwell Collins’s revenue was up 57.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.63 earnings per share. Analysts forecast that Rockwell Collins will post $6.09 EPS for the current fiscal year.

Rockwell Collins declared that its board has authorized a share repurchase plan on Friday, July 7th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the aerospace company to repurchase up to 1.2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 5th. Shareholders of record on Monday, August 14th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend was Thursday, August 10th. Rockwell Collins’s dividend payout ratio (DPR) is 26.04%.

In other Rockwell Collins news, Director Harlan Donnley Meade acquired 1,666,667 shares of the company’s stock in a transaction on Friday, September 15th. The shares were purchased at an average cost of $0.06 per share, with a total value of $100,000.02. Insiders acquired 1,675,667 shares of company stock worth $100,720 over the last ninety days. Insiders own 1.50% of the company’s stock.

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Rockwell Collins Company Profile

Rockwell Collins, Inc designs, produces and supports communications and aviation systems for commercial and military customers. The Company provides information management services through voice and data communication networks and solutions across the world. The Company operates through three segments: Commercial Systems, Government Systems and Information Management Services.

Insider Buying and Selling by Quarter for Rockwell Collins (NYSE:COL)

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