Rockwell Automation (NYSE:ROK) issued an update on its FY20 earnings guidance on Tuesday morning. The company provided EPS guidance of $8.70-9.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.59. The company issued revenue guidance of +2-5% yr/yr to ~$6.83-7.03 billion, compared to the consensus revenue estimate of $6.62 billion.
Shares of NYSE ROK traded up $22.94 during midday trading on Tuesday, hitting $202.14. The company’s stock had a trading volume of 1,593,690 shares, compared to its average volume of 773,629. The stock has a fifty day moving average price of $168.36 and a 200 day moving average price of $162.09. Rockwell Automation has a one year low of $141.46 and a one year high of $191.48. The company has a current ratio of 1.51, a quick ratio of 1.17 and a debt-to-equity ratio of 1.68. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 2.65 and a beta of 1.41.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th will be given a $1.02 dividend. The ex-dividend date is Friday, November 8th. This represents a $4.08 annualized dividend and a dividend yield of 2.02%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.97. Rockwell Automation’s payout ratio is 50.31%.
In other Rockwell Automation news, CEO Blake D. Moret sold 7,300 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $179.67, for a total value of $1,311,591.00. Following the completion of the transaction, the chief executive officer now owns 46,995 shares of the company’s stock, valued at approximately $8,443,591.65. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Blake D. Moret sold 1,700 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $179.07, for a total transaction of $304,419.00. Following the completion of the transaction, the chief executive officer now directly owns 41,395 shares of the company’s stock, valued at approximately $7,412,602.65. The disclosure for this sale can be found here. 1.43% of the stock is owned by insiders.
Rockwell Automation Company Profile
Rockwell Automation, Inc provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.
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