For its third fiscal quarter (ending June 30), Rockwell Automation Inc. (NYSE: ROK) has reported a -42% decline in E.P.S. from $3.47 a year ago to $2.02 in the current quarter. This result fell short of the consensus estimate of $2.08 by $-0.06. For the latest four quarters through June 30, E.P.S. were $8.81 versus $12.33 for the same period a year ago — a decline of -29%.
Recent Price Action
Rockwell Automation Inc. (NYSE: ROK) stock declined slightly by -0.6% on 8/7/24. The stock closed at $249.16. Moreover, this decline was accompanied by unusually high trading volume at 173% of normal. The stock has been weak relative to the market over the last nine months and has declined -9.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ROK is expected to continue to be a major Value Builder.
Rockwell Automation has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rockwell Automation has a poor Appreciation Score of 26 and a poor Power Rating of 18, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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