Alert: New Earnings Report (11/2/23)-Rockwell Automation Inc. (NYSE: ROK).


Rockwell Automation Inc. (NYSE: ROK) has reported E.P.S. of $2.61 for its fourth fiscal quarter (ending September 30) versus $2.92 for the same period a year ago — a decline of -11%. This performance was $-0.86 short of the consensus estimate of $3.47. For the latest four quarters through September 30, E.P.S. were $11.95 versus $8.02 for the same period a year ago — an increase of 49%.


Recent Price Action

Rockwell Automation Inc. (NYSE: ROK) stock closed at $258.60 on 11/2/23 after a large decline of -3.1%. The stock has declined -1.8% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

ROK is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Rockwell Automation has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Rockwell Automation has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 67, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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