에 대한 최신 뉴스 Rockwell Automation (NYSE:ROK) 주식

Rockwell Automation

With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software & control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.

Rockwell Automation Inc

ROKK3R INC by ROKK3R INC.

ROK RESOURCES INC B by ROK Resources Inc.

ROK Resources Inc

SPDR S&P Kensho Final Frontiers ETF

Roku Inc

News

Rockwell Automation Launches Logix SIS, A Cutting-Edge Safety Instrumented System

Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $268.1, a high estimate of $320.00, and a low estimate of $215.00. Experiencing a 3.87% decline, the current average is now lower than the previous average price target of $278.88. 
<img src="https://www.benzinga.com/files/images/story/2024/1725642063_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Rockwell Automation. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chris Snyder</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Overweight</td>
<td>$320.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$227.00</td>
<td>$245.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Sell</td>
<td>$215.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$270.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Richard Eastman</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$280.00</td>
<td>$304.00</td>
</tr>
<tr>
<td>Noah Kaye</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$270.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$293.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$245.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$312.00</td>
</tr>
<tr>
<td>Richard Radbourne</td>
<td>Redburn Atlantic</td>
<td>Announces</td>
<td>Neutral</td>
<td>$256.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Rockwell Automation. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rockwell Automation compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Rockwell Automation's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Rockwell Automation's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ROK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Rockwell Automation analyst ratings.</a>
<h2>About Rockwell Automation</h2>
With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software &amp; control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.
<h3>Rockwell Automation: Delving into Financials</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Rockwell Automation's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -8.4%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Rockwell Automation's net margin excels beyond industry benchmarks, reaching 11.26%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 6.72%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Rockwell Automation's ROA excels beyond industry benchmarks, reaching 2.05%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 1.23, Rockwell Automation faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Analyst Scoreboard: 10 Ratings For Rockwell Automation

Morgan Stanley analyst Chris Snyder initiates coverage on Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Overweight rating and announces Price Target of $320.

Price Target

Initiation

Morgan Stanley Initiates Coverage On Rockwell Automation with Overweight Rating, Announces Price Target of $320

This is in addition to the authorization on May 2, 2022, to repurchase&nbsp;$1 billion&nbsp;worth of common stock, of which approximately&nbsp;$353 million&nbsp;was remaining as of Sept. 5, 2024.

Buybacks

Rockwell Automation Plans To Expend Up To An Additional $1B To Repurchase Shares Of Common Stock

Rockwell Automation's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) short percent of float has fallen 25.86% since its last report. The company recently reported that it has 2.39 million shares sold short, which is 2.38% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.24 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Rockwell Automation Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725303614_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Rockwell Automation has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Rockwell Automation's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Rockwell Automation's peer group average for short interest as a percentage of float is 11.33%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Rockwell Automation's Recent Short Interest

A large exercise of company stock options by Blake D Moret, President and CEO at Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) was disclosed in a new SEC filing on August 22, as part of an insider exercise.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001024478/000102447824000095//Archives/edgar/data/1024478/000102447824000095/0001024478-24-000095-index.htm">U.S. Securities and Exchange Commission</a> on Thursday revealed that Moret, President and CEO at Rockwell Automation in the Industrials sector, exercised stock options for 900 shares of ROK stock. The exercise price of the options was $104.08 per share.
The Friday morning update indicates Rockwell Automation shares down by 0.0%, currently priced at $263.03. At this value, Moret's 900 shares are worth $143,055.
<h3>Discovering Rockwell Automation: A Closer Look</h3>
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. 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.
<h3>Rockwell Automation: A Financial Overview</h3>
Revenue Growth: Rockwell Automation's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -8.4%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 38.76%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Rockwell Automation's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 2.03.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.23, caution is advised due to increased financial risk.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 29.89 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 3.44, Rockwell Automation's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 21.08, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001024478">Check Out The Full List Of Rockwell Automation's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Move: Blake D Moret Exercises Options, Realizing $143K At Rockwell Automation

JP Morgan analyst Stephen Tusa maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Underweight and lowers the price target from $245 to $227.

JP Morgan Maintains Underweight on Rockwell Automation, Lowers Price Target to $227

TD Cowen analyst Joseph Giordano maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Sell and lowers the price target from $220 to $215.

TD Cowen Maintains Sell on Rockwell Automation, Lowers Price Target to $215

B of A Securities analyst Andrew Obin maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Neutral and lowers the price target from $300 to $270.

B of A Securities Maintains Neutral on Rockwell Automation, Lowers Price Target to $270

Baird analyst Richard Eastman maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Outperform and lowers the price target from $304 to $280.

Baird Maintains Outperform on Rockwell Automation, Lowers Price Target to $280

Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $272.71, with a high estimate of $305.00 and a low estimate of $245.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 4.98%. 
<img src="https://www.benzinga.com/files/images/story/2024/1723129256_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of Rockwell Automation's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Noah Kaye</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$270.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$293.00</td>
<td>$305.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$245.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$305.00</td>
<td>$312.00</td>
</tr>
<tr>
<td>Richard Radbourne</td>
<td>Redburn Atlantic</td>
<td>Announces</td>
<td>Neutral</td>
<td>$256.00</td>
<td>-</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$250.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Chris Dankert</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Hold</td>
<td>$290.00</td>
<td>$300.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Rockwell Automation. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Rockwell Automation compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Rockwell Automation's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Rockwell Automation's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ROK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Rockwell Automation analyst ratings.</a>
<h2>All You Need to Know About Rockwell Automation</h2>
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. 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.
<h3>Rockwell Automation: Delving into Financials</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Decline in Revenue: Over the 3 months period, Rockwell Automation faced challenges, resulting in a decline of approximately -6.57% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.46%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Rockwell Automation's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.41% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Rockwell Automation's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.33%, the company showcases efficient use of assets and strong financial health.
Debt Management: Rockwell Automation's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.15, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 7 Analysts Discuss Rockwell Automation Stock

Wells Fargo analyst Joseph O'Dea maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Overweight and lowers the price target from $305 to $293.

Wells Fargo Maintains Overweight on Rockwell Automation, Lowers Price Target to $293

Oppenheimer analyst Noah Kaye maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Outperform and lowers the price target from $295 to $270.

Oppenheimer Maintains Outperform on Rockwell Automation, Lowers Price Target to $270

Rockwell Automation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) shares are trading lower after its <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/b40215326/rockwell-automation-reports-third-quarter-2024-results-updates-fiscal-2024-guidance" rel="noreferrer noopener">third-quarter&nbsp;results</a>.
Sales fell&nbsp;8.4% (on a reported and organic basis) to&nbsp;$2.05 billion, missing the consensus of&nbsp;$2.06 billion.
Segment Details: Intelligent Devices sales declined&nbsp;1.1% Y/Y to&nbsp;$957 million, Software &amp; Control fell&nbsp;31.8% Y/Y to&nbsp;$512 million, and Lifecycle Services increased&nbsp;11.8%&nbsp;Y/Y&nbsp;to&nbsp;$581 million.
Total ARR grew 17%, and organic ARR rose 14% in the quarter. Adjusted EPS was $2.71, <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">beating the analyst consensus of $2.08.</a>
Total segment operating earnings were $427 million in the third quarter of fiscal 2024, down 9.8% Y/Y. Total segment operating margin was 20.8% compared to 21.1% a year ago. The decrease in segment operating margin was mainly due to lower sales volume and an unfavorable mix.
The company held $406.7 million in cash and equivalents as of June-end. In the third quarter, the company bought back around 0.6 million shares for $161.2 million. As of June-end, the company had $0.5 billion worth of shares remaining available under the existing share repurchase authorization.
<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">FY24&nbsp;Outlook</a>: Rockwell cut the&nbsp;guidance&nbsp;for adjusted EPS from&nbsp;$10.00-$11.00 to ~$9.60 (vs.&nbsp;$10.11 estimate), with reported sales growth&nbsp;guidance to ~(8.5)% from prior (6.0)% – (4.0)%&nbsp;and organic sales&nbsp;growth to ~ (10.0)% <a target="_blank" href="https://www.benzinga.com//node/38670855" rel="noreferrer noopener">from (8.0)% – (6.0)% prior</a>.
Blake Moret, Chairman and&nbsp;CEO,&nbsp;said, &#8220;On the demand side, we did see additional project delays this quarter, with customers citing weaker consumer demand, high interest rates, and policy uncertainty around tax, tariffs, and stimulus incentives as the main drivers for deferring their investment plans.&#8221;
&#8220;Therefore, while we saw progress on inventory de-stocking at our distributors and machine builders in Q3, our low-single-digit sequential growth in orders was lower than we expected.&#8221;
&#8220;We expect continued sequential order growth in the fourth quarter and into our next fiscal year, but at a more gradual pace than we originally expected. We are reducing our fiscal 2024 guidance to reflect this pace. Margins will continue to show the positive impact of productivity actions and pricing.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39986597/rockwell-automation-fair-to-feature-arias-breakthrough-cybersecurity-solutions-amid-surge-in-att" rel="noreferrer noopener">Rockwell Automation Fair To Feature ARIA&#8217;s Breakthrough Cybersecurity Solutions Amid Surge In Attacks</a>
Investors can gain exposure to the stock via&nbsp;Gabelli Automation ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAST#NYSE">GAST</a>) and ProShares S&amp;P Kensho Smart Factories ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAKX#NYSE">MAKX</a>).
Price Action: ROK shares are down&nbsp;1.91%&nbsp;at&nbsp;$245.99 premarket at&nbsp;the last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Earnings

Equities

Large Cap

Guidance

Movers

GAST

MAKX

Rockwell Automation Slashes FY24 Outlook As Q3 Sales Disappoint, CEO Cites Project Delays And Economic Uncertainty

Fiscal Year 2024&nbsp;Outlook
The table below provides updated&nbsp;guidance&nbsp;for sales growth and earnings per share for fiscal 2024.
<table cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">
Updated&nbsp;Guidance
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
Prior&nbsp;Guidance
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Reported sales growth
</td>
<td colspan="1" rowspan="1">
~ (8.5)%
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
(6.0)% - (4.0)%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Organic sales growth&nbsp;(1)
</td>
<td colspan="1" rowspan="1">
~ (10.0)%
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
(8.0)% - (6.0)%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Inorganic sales growth
</td>
<td colspan="1" rowspan="1">
~&nbsp;1.5%
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
~&nbsp;1.5%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Currency translation
</td>
<td colspan="1" rowspan="1">
~&nbsp;0.0%
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
~&nbsp;0.5%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Diluted EPS
</td>
<td colspan="1" rowspan="1">
~&nbsp;$8.32
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
$8.80-&nbsp;$9.80
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted EPS&nbsp;(1)
</td>
<td colspan="1" rowspan="1">
~&nbsp;$9.60
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
$10.00-&nbsp;$11.00
</td>
</tr>
</tbody>
</table>

Rockwell Automation Cuts 2024: Now Expects Adj. EPS Of ~$9.60 (Prior $10.00-$11.00) Vs $10.11 Est.; Sees Sales Growth Of ~(8.5)% (Prior (6.0)% - (4.0)%)

Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) reported quarterly earnings of $2.71 per share which beat the analyst consensus estimate of $2.08 by 30.29 percent. This is a 9.97 percent decrease over earnings of $3.01 per share from the same period last year. The company reported quarterly sales of $2.051 billion which missed the analyst consensus estimate of $2.062 billion by 0.51 percent. This is a 8.40 percent decrease over sales of $2.239 billion the same period last year.

Earnings Beats

Earnings Misses

Rockwell Automation Q3 2024 Adj. EPS $2.71 Beats $2.08 Estimate, Sales $2.051B Miss $2.062B Estimate

WIIM

ALTG

ARIS

ARRY

ASLE

ATKR

AXON

CAAP

CAPT

CARR

CDLR

CHRW

CMPR

CNTM

DRVN

Embraer-Empresa Brasileira De Aeronautica

EVEX

EXPD

FLNC

FTAI

FWRD

GWAV

HUBB

HYLN

HYZN

JOBY

LICN

MYRG

NCNC

NKLA

NVRI

PRIM

REZI

ROCK

RUSHA

RUSHB

SHLS

STAF

TFII

TOMZ

TPIC

ULCC

WLFC

XPON

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

ARIA Cybersecurity Solutions, a CSP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSPI#NASDAQ">CSPI</a>) business, has been selected to update the industry on measuring and mitigating cybersecurity risks in industrial operations at the Rockwell Automation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) fair.
The event will take place from November 18th &#8211; 21st in Anaheim, California. It will gather 10,000 industry leaders to address current challenges in industrial automation, including the rise in cybersecurity attacks <a target="_blank" href="https://www.benzinga.com//node/39982295" rel="noreferrer noopener">on critical infrastructure.</a>
Also Read: <a target="_blank" href="https://www.benzinga.com//node/39984123" rel="noreferrer noopener">Jim Cramer Is &#8216;Mystified&#8217; By Five Below, Predicts CrowdStrike &#8216;Is Going To Bottom Here&#8217;</a>
At the event, ARIA will showcase its cybersecurity solution, AZT PROTECT, in the exhibition and will also present in the conference program.
ARIA and Rockwell are collaborating to enhance manufacturing defenses with new solutions that complement existing systems. ARIA, now part of Rockwell&#8217;s PartnerNetwork, introduced its AZT PROTECT solution in July 2023. This automated solution secures OT applications against all threats without relying on AV cloud updates or constant patching, addressing sophisticated nation-state and supply-chain attacks.
Since the 2021 Colonial Pipeline attack, sophisticated cyberattacks on OT environments and critical infrastructure have surged. ARIA has detected over 700 similar attacks.
Price Action: CSPI shares traded higher by 3.21% at $15.43 at the last check Friday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/39930356" target="_blank" rel="noreferrer noopener">CrowdStrike Blames Error With Test Software For Taking Down 8.5M Windows Computers Globally, Says A New Check Process Is In The Works</a></li>
</ul>

CSPI

Rockwell Automation Fair To Feature ARIA's Breakthrough Cybersecurity Solutions Amid Surge In Attacks

Management

Rockwell Automation Announced That Christian Rothe Will Join The Company As Senior Vice President And Chief Financial Officer On August 19

Advanced Environmental Recycling Technologies

AERT

BLDP

BLDR

CHPT

EHGO

EOSE

NRGV

RCRT

RKLB

SATL

SNTG

SRFM

Shares of companies within the broader industrial sector are trading higher amid overall market strength as investors assess this week's inflation data.

Wells Fargo Sticks to Its Buy Rating for Rockwell Automation (ROK)

ATS Corporation: Diamond In The Rough

Emerson Electric: Growing Margins At A Reasonable Valuation

The industrial automation industry's long-term growth is fueled by the rapid adoption of automation across several sectors. Therefore, it could be wise to watch industrial automation stocks Honeywell International (HON), Parker-Hannifin (PH), and Rockwell Automation (ROK) in 2024. Read more... The industrial automation market is a dynamic and rapidly evolving sector that revolutionizes traditional manufacturing processes by integrating cutting-edge technologies.
Hence, investors could consider watching fundamentally sound industrial stocks: Honeywell International Inc. (<a href="https://stocknews.com/stock/HON/">HON</a>), Parker-Hannifin Corporation (<a href="https://stocknews.com/stock/PH/">PH</a>), and Rockwell Automation, Inc. (<a href="https://stocknews.com/stock/ROK/">ROK</a>) in 2024.
The industrial automation market is expected to grow at a <a href="https://researchandmarkets.com/report/industrial-automation">CAGR of 7.4%</a> until 2028. Industries execute automation processes to increase productivity and decrease the employees costing and other associated expenses. Therefore, it has become crucial for companies to exploit their productivity through automation, which leads to the shifting demands of the end-users.
Moreover, the rising demand for high-quality products that comply with <a href="https://www.rootsanalysis.com/industrial-automation-market">strict government and regulatory standards</a> is pushing companies to implement automation solutions. These technologies ensure product consistency and compliance with regulations. Notably, the influx of acquisitions is leading to significant investments to boost the overall market.
Considering these factors, let's take a look at the fundamentals of the three automation stocks.
Honeywell International Inc. (<a href="https://stocknews.com/stock/HON/">HON</a>)
HON engages in aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses internationally. It operates through Aerospace; Honeywell Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions segments.
On August 14, HON launched INNCOM Direct, an easy-to-install energy management system that uses automation to help improve energy efficiency in mid-market hotel properties. Its launch supports HON's business alignment around three compelling megatrends, including automation and the energy transition.
On July 22, HON was selected by United Airlines to provide a wide range of avionics for new 737 MAX aircraft set up to enter service over the next decade, including technologies such as the industry's only 3D weather radar, flight recorders, and advanced traffic avoidance systems.
HON's trailing-12-month ROCE of 33.78% is 163.4% higher than the industry average of 12.82%. Also, the stock's trailing-12-month ROTC and ROTA of 11.29% and 8.34% are 59.2% and 69% higher than the industry averages of 7.08% and 4.93%, respectively.
For the second quarter, which ended on June 30, 2024, HON's <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> increased by 4.7% year-over-year to $9.58 billion. Its operating income of $1.98 billion reflects a growth of 5% from the prior year's quarter. Net income attributable to HON and its EPS stood at $1.54 billion and $2.36, up 3.8% and 6.3% year-over-year, respectively.
According to the company's updated 2024 outlook, HON expects its sales to range between $39.10 billion and $39.70 billion. It also anticipates adjusted EPS in the range of $10.05 to $10.25, reflecting a solid increase of 6% to 8%. And its free cash flow has been raised to $5.50 billion - $5.90 billion for the full year.
Street expects HON's revenue and EPS for the third quarter (ending September 2024) to increase 7.6% and 10.3% year-over-year to $9.91 billion and $2.50, respectively. Moreover, the company surpassed the consensus EPS estimates in all four trailing quarters, which is impressive.
HON's stock has increased 3% over the past six months and 10.2% over the past year to close the last trading session at $207.03.
HON's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its outlook. The stock has a B grade for Stability. It is ranked #47 in the 78-stock A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Beyond what is stated above, we've also rated HON for Value, Quality, Growth, Momentum, and Sentiment. Get all HON ratings <a href="https://stocknews.com/stock/HON/">here</a>.
Parker-Hannifin Corporation (<a href="https://stocknews.com/stock/PH/">PH</a>)
PH manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems.
In terms of the trailing-12-month net income margin, PH's 14.27% is 123.8% higher than the 6.47% industry average. Likewise, its 25.40% trailing-12-month ROCE is 98.1% higher than the industry average of 12.82%. Furthermore, the stock's 10.80% trailing-12-month ROTC is 51.4% higher than the industry average of 7.13%.
PH's sales for the fiscal fourth quarter, which ended on June 30, 2024, stood at $2.23 billion. Its net income rose 10.6% over the prior-year quarter to $784.96 million. The company's earnings per share increased 10.7% year-over-year to $6.01.
PH's revenue is expected to increase 1.1% year-over-year to $4.90 billion for the first quarter ending September 2024. Its EPS is expected to grow 3% year-over-year to $6.14. The company surpassed its EPS estimates in each of the trailing four quarters, which is promising.
Shares of PH have gained 26.4% over the past three months to close the last trading session at $635.40.
PH's POWR Ratings reflect bright prospects. The stock has an overall rating of B, which equates to Buy in our proprietary rating system.
PH has a B grade for Quality and Stability. It is ranked #32 out of 86 stocks in the <a href="https://stocknews.com/category/industrial-equipment/">Industrial - Equipment</a> industry.
In addition to the POWR Ratings highlighted above, one can access PH's ratings for Growth, Value, Sentiment, and Momentum <a href="https://stocknews.com/stock/PH/">here</a>.
Rockwell Automation, Inc. (<a href="https://stocknews.com/stock/ROK/">ROK</a>)
ROK offers industrial automation and digital transformation solutions. The company operates through three segments: Intelligent Devices; Software &amp; Control; and Lifecycle Services. It provides hardware and software products and services, network and security infrastructure solutions, and consulting and professional services.
ROK's trailing-12-month levered FCF margin of 12.41% is 92% higher than the 6.47% industry average.
ROK's sales for the third quarter ended June 30, 2024, amounted to $2.05 billion. Its gross profit increased 4.9% from the previous quarter to $833.40 billion. Its adjusted net income and non-GAAP EPS amounted to $311.30 million and $2.71.
Analysts expect ROK's EPS for the quarter ending December 31, 2024, to increase 9.2% year-over-year to $2.23. Its revenue for the quarter ending March 31, 2025, is expected to grow 1.8% year-over-year to $2.16 billion.
It surpassed the consensus revenue and EPS estimates in each of the trailing four quarters. ROK's stock has gained 3.7% over the past month to close the last trading session at $277.89.
ROK's fundamentals are reflected in its POWR Ratings. ROK has a B grade for Quality. It is ranked #55 out of 78 stocks in the A-rated Industrial - Machinery industry.
<a href="https://stocknews.com/stock/ROK/">Click here</a> to access the additional ROK ratings (Momentum, Value, Stability, Growth, and Sentiment).
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
HON shares were trading at $208.11 per share on Friday afternoon, up $1.08 (+0.52%). Year-to-date, HON has gained 0.86%, versus a 21.46% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/hon-ph-rok-3-industrial-automation-stocks-to-watch-in-2024/>3 Industrial Automation Stocks to Watch in 2024</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Industrial Automation Stocks to Watch in 2024

The Revenue Of Automation Automating Cargo Ports Will Kill 45,000 Jobs But Generate Billions In Revenues

The Loss Of Jobs Vs. The Revenue Of Automation

Exxon Mobil, Visa Among 17 Companies To Announce Annual Dividend Increases In October

In a report released today, Julian Mitchell from Barclays maintained a Sell rating on Rockwell Automation (ROK – Research Report), with a price tar...

Barclays Sticks to Its Sell Rating for Rockwell Automation (ROK)

Dover, Carrier rated as short-term Sell, Rockwell as Buy at Deutsche Bank

ABBV

FITB

FLIC

LECO

MSEX

MSFT

NVDA

OMRNF

OMRNY

ORCL

SBUX

SIEGY

SMAWF

Press Releases

Rockwell Automation Declares Quarterly Dividend at $1.25 Per Share on Common Stock

Rockwell Automation Announces New Chief Financial Officer

Rockwell Automation to Report Third Quarter Fiscal 2024 Results

Genpact Appoints Nick Gangestad to Board of Directors

Rockwell Automation Reports Third Quarter 2024 Results; Updates Fiscal 2024 Guidance

Rockwell Automation Opens Registration to Automation Fair 2024 and Expands Expo

Rockwell Automation to Present at Morgan Stanley Laguna Conference

Rockwell Automation Board of Directors Approves $1 Billion for Common Stock Repurchase

Comments

Rockwell Automation

뉴스

에 대한 최신 뉴스 Rockwell Automation (NYSE:ROK) 주식

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌