169.93 0.00 (0.00%)
After hours: 4:45PM EDT
|Bid||169.93 x 800|
|Ask||170.14 x 1100|
|Day's Range||169.83 - 176.21|
|52 Week Range||141.46 - 198.23|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||25.03|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||3.88 (2.20%)|
|1y Target Est||172.78|
Industrial automation is an area that can thrive regardless of how the economy looks. When times are good, companies are able to invest more in technology to put themselves ahead of the competition. When times are bad, companies look to get leaner - which means substituting human personnel for cost-saving factory automation systems. (Businesses facing the threat of closure quickly get religion on changes.)With the threat of recession growing in 2019, industrial automation stocks may prove a great opportunity. In fact, the current market environment might prove doubly important for factory automation companies. Trade conflict, such as the one between the U.S. and China, can put pressure on manufacturers to move their operations - a costly process that entices companies to make their relocated facilities more cost-efficient.As industry expert Rick Blaisdell has written, the next wave of industrial automation (as well as several other industries) is based on the "Internet of Things" - the interconnectivity of devices past traditional products such as computers and smartphones. IoT solutions using sensors, networks and software can help operate machines, improve quality control, cut down on analytical errors and enhance safety. Thus, many automation plays will be IoT plays, too.Here are six top stocks to buy if you want to gain exposure to the potential all-weather opportunity of industrial automation. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2019
High-margin stocks with 'pricing power' in their markets are well positioned for more gains ahead, according to Goldman Sachs. This group of 50 stocks has posted stunning performance in the past year compared to low-margin stocks, and may outperform in the upcoming period as rising costs continue to pressure U.S. corporations, says Goldman in its latest US Thematic Views report. "Growing margin pressures have driven the outperformance of stocks with high pricing power," the firm says.
Rockwell Automation Inc NYSE:ROKView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for ROK with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ROK had net inflows of $1.92 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. ROK credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Rockwell Automation, Inc. Senior Vice President and Chief Financial Officer Patrick Goris will present at the Bank of America Merrill Lynch Global Industrials Conference on Tuesday, March 19, in London.
Industrial automation technologies are growing, and many companies are attractive in the long run. But many of those same companies are facing demand weakness in the immediate future. Here’s one way investors can resolve this dilemma.
Rockwell Automation, Inc. today announced that on February 27, 2019 the company priced notes in an aggregate principal amount of $1 billion, through an underwritten, registered public offering.
In its first results since it announced the sale of its $11 billion power grids business, ABB was upbeat about the prospects for its robotics and automation businesses as growth drivers. Robotics was ABB's star performer during the fourth quarter, reporting an 11 percent rise in revenues and racking up ABB's highest divisional profit margin. The figure did not include a contribution from ABB's power grids business, the division which it agreed to sell to Hitachi in December.
Rockwell Automation, Inc. Chairman and CEO, Blake Moret, will present at the J.P. Morgan Aviation, Transportation and Industrials Conference on Thursday, March 7, 2019 in New York.
Moody's Investors Service ("Moody's") assigned an A3 rating to Rockwell Automation Inc.'s ("Rockwell") new unsecured notes. The issuance does not impact other ratings of Rockwell, including the A3 senior unsecured or P-2 short-term ratings. Rockwell's debt ratings reflect the company's strong market position and technological leadership in the high growth discrete automation sector, expectations for sustained EBITA margins above 19% and free cash flows in excess of $600 million in 2019.
Rockwell Automation, Inc. today announced that the company is offering two series of its notes, subject to market and other conditions.
The Zacks Analyst Blog Highlights: IBM, Duke Energy, General Dynamics, Hewlett Packard and Rockwell Automation
Rockwell Automation's (ROK) performance likely to be supported by strength in heavy industries, growing investment and acquisitions.
Rockwell Automation, the world’s largest company dedicated to industrial automation and information, has been recognized by the Ethisphere Institute as one of the 2019 World’s Most Ethical Companies. Recognized for the eleventh year by the Ethisphere Institute, Rockwell Automation is among the distinguished list of 128 global companies that profoundly illustrate how they are the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.
Appearing at the Citi 2019 Global Industrials Conference in Miami Wednesday, Rockwell chairman and CEO Blake Moret repeatedly mentioned Schlumberger's "domain expertise" as a driving force behind the joint venture.
Schlumberger Ltd. (NYSE: SLB), the world’s largest oil field services provider, and Milwaukee-based Rockwell Automation Inc.(NYSE: ROK), the world’s largest company dedicated to industrial automation and information, have teamed up to create a new joint venture company. The JV, Sensia, will begin serving customers across 80 countries when the deal closes, which is expected to occur this summer, according to a press release. Rockwell will pay Schlumberger $250 million at closing and own 53 percent of the JV.
Rockwell Automation's (ROK) Sensia JV drives customer efficiency gains through data-driven intelligent automation and helps to maximize their investment value.
Schlumberger and Rockwell Automation are teaming up to create a fully integrated digital oilfield automation solutions provider for the oil and gas industry.
New joint venture entity will combine Rockwell Automation’s integrated control and information solutions with Schlumberger’s oil and gas expertise to help customers maximize the value of their investments. Rockwell Automation (ROK), the world’s largest company dedicated to industrial automation and information, and Schlumberger (SLB), the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, announced today that they have entered into an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions provider.
Milwaukee-based Rockwell will partner with Houston-based Schlumberger Ltd. to create Sensia, the oil and gas industry's first fully integrated automation solutions provider.
NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
One of the aerospace industry's top analysts suggested such a move was like "Armageddon" for jet engine makers.