Analysts Expect Rockwell Collins, Inc. (COL) to Announce $1.73 Earnings Per Share

Analysts predict that Rockwell Collins, Inc. (NYSE:COL) will announce earnings per share of $1.73 for the current quarter, Zacks reports. Five analysts have made estimates for Rockwell Collins’ earnings, with the highest EPS estimate coming in at $1.84 and the lowest estimate coming in at $1.69. Rockwell Collins reported earnings per share of $1.34 during the same quarter last year, which would suggest a positive year-over-year growth rate of 29.1%. The business is expected to report its next earnings report on Friday, April 20th.

According to Zacks, analysts expect that Rockwell Collins will report full-year earnings of $7.12 per share for the current year, with EPS estimates ranging from $6.90 to $7.50. For the next fiscal year, analysts anticipate that the company will report earnings of $8.05 per share, with EPS estimates ranging from $7.75 to $8.55. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Rockwell Collins.

Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.06. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2 billion. During the same period in the prior year, the business earned $1.20 EPS. The firm’s revenue for the quarter was up 68.6% on a year-over-year basis.

COL has been the topic of a number of research reports. Credit Suisse Group downgraded Rockwell Collins from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research note on Wednesday, November 8th. Royal Bank of Canada set a $140.00 price target on Rockwell Collins and gave the stock a “hold” rating in a research note on Sunday, November 12th. Zacks Investment Research raised Rockwell Collins from a “hold” rating to a “buy” rating and set a $151.00 price target on the stock in a research note on Monday, October 23rd. Canaccord Genuity dropped their price target on Rockwell Collins from $140.00 to $137.00 and set a “hold” rating on the stock in a research note on Tuesday, January 30th. Finally, Wells Fargo & Co downgraded Rockwell Collins from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 16th. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $134.01.

Rockwell Collins (COL) traded up $0.26 during mid-day trading on Monday, reaching $133.24. The company had a trading volume of 2,573,920 shares, compared to its average volume of 1,297,153. Rockwell Collins has a fifty-two week low of $90.07 and a fifty-two week high of $139.63. The company has a current ratio of 1.56, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. The firm has a market cap of $21,855.23, a P/E ratio of 24.81, a P/E/G ratio of 1.77 and a beta of 0.72.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Stockholders of record on Monday, February 12th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, February 9th. Rockwell Collins’s dividend payout ratio (DPR) is presently 24.58%.

In other news, VP David J. Nieuwsma sold 3,900 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $133.00, for a total value of $518,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Robert A. Sturgell sold 1,734 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $132.10, for a total value of $229,061.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 41,965 shares of company stock valued at $5,639,519. Company insiders own 1.10% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Fieldpoint Private Securities LLC bought a new position in shares of Rockwell Collins in the third quarter valued at approximately $100,000. FNY Partners Fund LP bought a new position in shares of Rockwell Collins in the third quarter valued at approximately $104,000. Tower Research Capital LLC TRC bought a new position in shares of Rockwell Collins in the fourth quarter valued at approximately $118,000. Cerebellum GP LLC bought a new position in shares of Rockwell Collins in the fourth quarter valued at approximately $130,000. Finally, Keeler Thomas Management LLC bought a new position in shares of Rockwell Collins in the fourth quarter valued at approximately $135,000. 71.74% of the stock is owned by institutional investors.

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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.

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Earnings History and Estimates for Rockwell Collins (NYSE:COL)

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