Brokerages Anticipate Rockwell Automation (ROK) Will Announce Earnings of $1.80 Per Share

Marco Green
April 21, 2018

(NYSE:ROK). Bowen Hanes And Co holds 0.04% of its portfolio in Rockwell Automation Inc. ROK outperformed by 1.77% the S&P 500.

Sheets Smith Wealth Management decreased Intuit (INTU) stake by 19.23% reported in 2017Q4 SEC filing. Brookside Capital Management Llc sold 208,851 shares as the company's stock declined 18.56% with the market. Homrich And Berg, a Georgia-based fund reported 6,298 shares. Brookside Capital Management Llc who had been investing in Clovis Oncology Inc (Call) for a number of months, seems to be less bullish one the $2.56 billion market cap company. The stock decreased 0.32% or $0.21 during the last trading session, reaching $65.06. Globalstar, Inc. (NYSEMKT:GSAT) has declined 57.71% since April 20, 2017 and is downtrending. It has underperformed by 33.22% the S&P500. Seven analysts have provided estimates for Rockwell Automation's earnings, with the lowest sales estimate coming in at $1.62 billion and the highest estimate coming in at $1.68 billion. The firm is scheduled to report its next quarterly earnings results before the market opens on Wednesday, April 25th. They expect $0.87 earnings per share, up 17.57% or $0.13 from last year's $0.74 per share. ROK's profit will be $230.01 million for 24.24 P/E if the $1.80 EPS becomes a reality. During the same quarter in the prior year, the business posted $1.75 earnings per share. analysts expect that Rockwell Automation will post 7.8 earnings per share for the current fiscal year. 4,340 Carnival Corporation (NYSE:CCL) shares with value of $299,957 were sold by Bernstein David. Rockwell Automation had 69 analyst reports since September 9, 2015 according to SRatingsIntel. Rockwell Automation had a return on equity of 39.45% and a net margin of 5.85%. (NYSE:ROK) has "Hold" rating given on Thursday, February 15 by Stifel Nicolaus. The firm earned "Hold" rating on Friday, July 21 by Stifel Nicolaus. On Monday, November 13 the stock of Rockwell Automation Inc. Amalgamated Bank now owns 15,472 shares of the industrial products company's stock worth $2,757,000 after buying an additional 300 shares during the period. Barclays decreased their price target on Rockwell Automation from $200.00 to $190.00 and set an "equal weight" rating for the company in a report on Monday. Oppenheimer maintained Intuit Inc. On Thursday, January 25 the company was maintained by Citigroup. Rockwell Automation Inc had 19 analyst reports since October 26, 2017 according to SRatingsIntel. Moreover, Schroder Inv Group has 0.3% invested in Rockwell Automation Inc. On Sunday, December 10 the rating was maintained by Stifel Nicolaus with "Hold". CRANDALL THEODORE D sold $4.74 million worth of Rockwell Automation Inc. On Thursday, February 22 the insider MCDERMOTT JOHN P sold $1.31 million. Cerebellum GP LLC purchased a new position in Rockwell Automation during the 4th quarter worth $130,000. Another trade for 28,800 shares valued at $5.80M was made by Schmitt Susan on Friday, January 26. The shares were sold at an average price of $202.41, for a total transaction of $2,105,064.00.

Investors sentiment increased to 1.08 in Q4 2017. The company has a quick ratio of 1.73, a current ratio of 1.98 and a debt-to-equity ratio of 0.57.

Rockwell Automation Inc. (ROK) stock is Overbought or Oversold? 95 funds opened positions while 187 raised stakes. (NYSE:T). Sterneck Mgmt Ltd Liability Com holds 113,819 shares or 2.65% of its portfolio. (NYSE:ROK) or 14,666 shares. Burney accumulated 6,345 shares. Point72 Asia (Hong Kong) Limited reported 0.02% of its capital in Rockwell Automation Inc. The Massachusetts-based Rockland Trust has invested 0.43% in Rockwell Automation Inc. Hsbc Public Ltd Liability holds 449,462 shares or 0.1% of its portfolio. The Kentucky-based Alphamark Advisors Lc has invested 1.85% in Rockwell Automation Inc. (NYSE:ROK). Amica Pension Fund Board Of Trustees has 0.1% invested in Rockwell Automation Inc.

NYSE:ROK traded down $1.67 during mid-day trading on Wednesday, hitting $172.83.

Rockwell Automation announced that its board has authorized a share buyback program on Wednesday, January 24th that permits the company to buyback $1.00 billion in shares. 31,385 are held by M Kraus &. Virginia Retirement Et Al has invested 0.19% in Rockwell Automation Inc. It also increased its holding in Ishares Tr (GVI) by 3,328 shares in the quarter, for a total of 139,052 shares, and has risen its stake in Schwab Strategic Tr (SCHF).

Analysts await Intuit Inc. (ROK) stake by 15.24% reported in 2017Q4 SEC filing. Strs Ohio holds 4,722 shares or 0% of its portfolio. (NYSE:ROK) to report $1.80 EPS on April, 25 before the open.They anticipate $0.25 EPS change or 16.13% from last quarter's $1.55 EPS.

Since December 12, 2017, it had 0 insider buys, and 1 sale for $44.08 million activity. KRUSE STEIN sold $561,633 worth of stock. Zacks Investment Research downgraded shares of Rockwell Automation from a "buy" rating to a "hold" rating in a research report on Tuesday, March 27th. (NYSE:ROK) earned "Underperform" rating by Bank of America on Thursday, October 29. Citigroup maintained it with "Neutral" rating and $209 target in Thursday, January 25 report. On Thursday, January 25 the rating was maintained by JP Morgan with "Neutral". The rating was downgraded by Buckingham Research to "Neutral" on Friday, June 24. The firm has "Market Perform" rating given on Wednesday, May 11 by FBR Capital. The firm earned "Buy" rating on Monday, September 18 by Leerink Swann. The firm has a market capitalization of $22,624.16, a price-to-earnings ratio of 60.78, a P/E/G ratio of 2.00 and a beta of 1.21.

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