Rockwell Automation (ROK) Set to Announce Earnings on Tuesday

Rockwell Automation (NYSE:ROK) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, January 23rd. Rockwell Automation has set its FY18 guidance at $7.20-7.50 EPS.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share (EPS) 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 firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the firm earned $1.52 earnings per share. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, analysts expect Rockwell Automation to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Rockwell Automation (ROK) opened at $203.51 on Monday. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. Rockwell Automation has a 12 month low of $139.51 and a 12 month high of $210.72. The stock has a market cap of $26,129.05, a price-to-earnings ratio of 32.10, a P/E/G ratio of 2.28 and a beta of 1.23.

ROK has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $209.00 target price for the company in a research note on Tuesday, October 17th. Morgan Stanley restated an “equal weight” rating and set a $173.00 price objective (up from $168.00) on shares of Rockwell Automation in a research report on Monday, October 2nd. Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a research report on Thursday, November 9th. ValuEngine cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Stifel Nicolaus restated a “hold” rating and set a $183.00 price objective on shares of Rockwell Automation in a research report on Thursday, October 12th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $172.29.

In other news, VP Steven W. Etzel sold 514 shares of the stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $190.75, for a total value of $98,045.50. Following the completion of the sale, the vice president now directly owns 7,737 shares in the company, valued at $1,475,832.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Sujeet Chand sold 3,371 shares of the 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 completion of the sale, 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. Insiders have sold 10,770 shares of company stock valued at $2,054,871 over the last 90 days. 1.65% of the stock is currently owned by company insiders.

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About Rockwell Automation

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.

Earnings History for Rockwell Automation (NYSE:ROK)

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