For its second fiscal quarter (ending March 31), Rockwell Automation Inc. (NYSE: ROK) has reported a -11% decline in E.P.S. from $2.60 a year ago to $2.31 in the current quarter. This performance was $-0.48 short of the consensus estimate of $2.79. For the latest four quarters through March 31, E.P.S. were $10.26 compared to $11.42 a year ago — a decline of -10%.
Recent Price Action
Rockwell Automation Inc. (NYSE: ROK) stock closed at $272.04 on 5/7/24 after a modest decline of -1.9%. Moreover, trading volume in this decline was exceptionally high at 249% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.8% 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 Power Rating of 29 and a poor Appreciation Score of 28, producing 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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