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Rockwell Automation Inc ROK

Morningstar Rating
$285.44 −1.04 (0.36%)
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Company Report

Rockwell Earnings: Shares Down Following Fiscal 2024 First-Quarter Earnings; We See an Opportunity

The market sent Rockwell’s shares down 15% in intraday trading, following the company’s first-quarter earnings and sales miss. Adjusted EPS declined 17% year on year to $2.04 and was 22% lower than the FactSet consensus estimates. Management pointed to increased investment spending, lower supply chain utilization, and negative sales mix. Higher investment spending had the biggest impact, bringing adjusted EPS down by $0.40 in the quarter.

Price vs Fair Value

ROK is trading within a range we consider fairly valued.
Price
$286.41
Fair Value
$211.00
Uncertainty
Medium
1-Star Price
$351.93
5-Star Price
$376.20
Economic Moat
Wngnp
Capital Allocation
Grvtlpkf

Bulls Say, Bears Say

Bulls

Rockwell is the only automation competitor that integrates discrete, process, and hybrid manufacturing in a single, easy-to-use platform.

Bears

Rockwell’s stock is priced for perfection, and it's still a cyclical business that's heavily driven by industrial production.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$286.48
Day Range
$285.44287.71
52-Week Range
$252.19348.51
Bid/Ask
$284.36 / $285.72
Market Cap
$32.73 Bil
Volume/Avg
17,248 / 939,648

Key Statistics

Price/Earnings (Normalized)
24.48
Price/Sales
3.62
Dividend Yield (Trailing)
1.70%
Dividend Yield (Forward)
1.75%
Total Yield
2.53%

Company Profile

Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Mid Core
Total Number of Employees
29,000

Competitors

Valuation

Metric
ROK
HON
ABBN
Price/Earnings (Normalized)
24.4821.2220.38
Price/Book Value
9.108.126.60
Price/Sales
3.623.602.60
Price/Cash Flow
22.0926.5118.93
Price/Earnings
ROK
HON
ABBN

Financial Strength

Metric
ROK
HON
ABBN
Quick Ratio
0.720.840.80
Current Ratio
1.251.271.18
Interest Coverage
11.319.9417.77
Quick Ratio
ROK
HON
ABBN

Profitability

Metric
ROK
HON
ABBN
Return on Assets (Normalized)
11.91%9.49%9.21%
Return on Equity (Normalized)
40.93%34.73%28.61%
Return on Invested Capital (Normalized)
19.30%16.29%16.80%
Return on Assets
ROK
HON
ABBN
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