Beyond The Numbers: 7 Analysts Discuss Rockwell Automation Stock
Portfolio Pulse from Benzinga Insights
Seven analysts have recently published ratings on Rockwell Automation (NYSE:ROK), showing a range of sentiments from somewhat bullish to somewhat bearish. The average 12-month price target has decreased by 4.98% to $272.71. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Rockwell Automation has faced a 6.57% decline in revenue growth over the past three months, but maintains strong profitability with a net margin of 12.46% and a return on equity of 7.41%. However, the company has a higher debt-to-equity ratio of 1.15, indicating higher financial risk.
August 08, 2024 | 3:01 pm
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Analysts have shown mixed sentiments on Rockwell Automation (NYSE:ROK) with a decrease in the average 12-month price target by 4.98% to $272.71. The company has faced a 6.57% decline in revenue growth over the past three months but maintains strong profitability metrics.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on ROK's stock price. The company's strong profitability metrics are offset by the recent decline in revenue growth and higher financial risk due to a high debt-to-equity ratio.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100