Rockwell Automation Inc
ROK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|lG | LOCK|v# | LOCK|cC%tQD! |
Rockwell Earnings: Another Weak Quarter Driven by Inherent Cyclicality
Rockwell Automation shares rose nearly 13% in Feb. 10 trading after the company reported fiscal first-quarter results. Although orders grew 10% year over year, organic sales declined around 7.5%. Intelligent devices segment sales had the greatest impact, falling 13%. We’ve lowered our fair value estimate to $229 per share from $267 as a result of our more bearish view on near-term growth and long-term margins.
