Latest news with #ROK
Globe and Mail
8 hours ago
- Business
- Globe and Mail
Rockwell Automation to Report Third Quarter Fiscal 2025 Results
Rockwell Automation, Inc. (NYSE: ROK) is scheduled to report its third quarter fiscal 2025 results on Wednesday, Aug. 6, before the market opens. The release will be posted on the Rockwell Investor Relations website at A conference call to discuss the quarterly results will be held at 7:30 a.m. CDT on Aug. 6. This call will be audio webcast and accessible on the Rockwell Automation Investor Relations website. Presentation materials will also be available on the website prior to the call. Interested parties can access the conference call by dialing the following numbers: (888) 330-2022 in North America; (365) 977-0051 in Canada; +1 (646) 960-0690 for other countries. Use the following passcode: 5499533. Please dial in 10 minutes prior to the start of the call. Both the presentation materials and a replay of the call will be available on the Investor Relations section of the Rockwell website through Sept. 5. About Rockwell Automation Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 27,000 problem solvers dedicated to our customers in more than 100 countries as of fiscal year end 2024. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit
Yahoo
2 days ago
- Business
- Yahoo
3 Industrials Stocks We Think Twice About
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems confused about where we could go next. This uncertainty has led to a flat return for the industry over the past six months while the S&P 500 was up 4.1%. Investors should tread carefully as timing cyclical companies is a challenging task, and any misstep can have you catching a falling knife. Keeping that in mind, here are three industrials stocks best left ignored. Rockwell Automation (ROK) Market Cap: $40.13 billion One of the first companies to address industrial automation, Rockwell Automation (NYSE:ROK) sells products that help customers extract more efficiency from their machinery. Why Is ROK Risky? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Earnings per share decreased by more than its revenue over the last two years, showing each sale was less profitable Eroding returns on capital suggest its historical profit centers are aging Rockwell Automation's stock price of $355.02 implies a valuation ratio of 35.6x forward P/E. To fully understand why you should be careful with ROK, check out our full research report (it's free). ArcBest (ARCB) Market Cap: $1.80 billion Historically owning furniture, banking, and other subsidiaries, ArcBest (NASDAQ:ARCB) offers full-truckload, less-than-truckload, and intermodal deliveries of freight. Why Should You Sell ARCB? Declining unit sales over the past two years show it's struggled to increase its sales volumes and had to rely on price increases Earnings per share have dipped by 32.9% annually over the past two years, which is concerning because stock prices follow EPS over the long term Shrinking returns on capital suggest that increasing competition is eating into the company's profitability ArcBest is trading at $78.54 per share, or 12.3x forward P/E. If you're considering ARCB for your portfolio, see our FREE research report to learn more. Universal Logistics (ULH) Market Cap: $662.3 million Founded in 1932, Universal Logistics (NASDAQ:ULH) is a provider of customized transportation and logistics solutions operating throughout the United States and in Mexico, Canada, and Colombia. Why Do We Pass on ULH? Sales tumbled by 5.1% annually over the last two years, showing market trends are working against its favor during this cycle Earnings per share have contracted by 22.9% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance Free cash flow margin shrank by 9.6 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive At $25.15 per share, Universal Logistics trades at 8x forward P/E. Check out our free in-depth research report to learn more about why ULH doesn't pass our bar. Stocks We Like More Trump's April 2024 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
United News of India
6 days ago
- Business
- United News of India
PM Modi meets South Korean delegation, recalls positive meeting with President Lee Jae Myung
New Delhi, July 17 (UNI) Prime Minister Narendra Modi today met with a delegation of Special Envoys from South Korea during which he recalled his positive meeting with new South Korean President Lee Jae Myung in Canada, on the sidelines of the G7 Summit. In a post on X, the PM said the bilateral Special Strategic Partnership, completes a decade, and continues to grow in areas including innovation and defence to shipbuilding and skilled mobility. 'Delighted to receive the delegation of Special Envoys from the Republic of Korea led by Mr. Kim Boo Kyum. Recalled my positive meeting with President @Jaemyung_Lee last month. 'India–ROK Special Strategic Partnership, which completes 10 years, continues to grow from innovation and defence to shipbuilding and skilled mobility. 'Close collaboration between the democracies contributes to peace, stability, and prosperity in the Indo-Pacific region.' South Korean President Lee Jae-Myung's delegation of special envoys to India is led by former prime minister Kim Boo-kyum. They met with External Affairs Minister S Jaishankar earlier in the day. PM Modi and the South Korean President had met on June 17 on the sidelines of the G-7 Summit, during which the two leaders had agreed to enhance collaboration in areas like trade, investment, green energy, and emerging technologies. Lee Jae Myung of the Democratic Party was elected president in a snap election on June 3, 2025, after the impeachment and removal from office of President Yoon Suk-yeol. He was sworn in President on June 4. UNI RN PM Modi meets South Korean delegation, recalls positive meeting with President Lee Jae Myung 17 Jul 2025 | 7:48 PM New Delhi, July 17 (UNI) Prime Minister Narendra Modi today met with a delegation of Special Envoys from South Korea during which he recalled his positive meeting with new South Korean President Lee Jae Myung in Canada, on the sidelines of the G7 Summit. see more.. Govt rendering all help to Kerala nurse Nimisha Priya, in touch with friendly governments 17 Jul 2025 | 7:38 PM New Delhi, July 17 (UNI) The Indian government continues to render all possible assistance to Kerala nurse Nimisha Priya, who is on a death row in Yemen, and is in touch with some ''friendly governments'' besides local authorities and family members to resolve the issue. see more.. Russia-India-China (RIC) format to be revived 17 Jul 2025 | 7:00 PM New Delhi, July 17 (UNI) India today expressed willingness to revive the Russia-India-China (RIC) trilateral format and said a decision would be taken "in a mutually convenient manner.'' External Affairs Ministry spokesman Randhir Jaiswal said RIC format brings together the three nations to discuss regional and global issues of mutual concern. He said the schedule would be worked out in a mutually convenient manner. see more.. BJP slams Rahul over remarks on Assam CM, defends Bihar's electoral roll process 17 Jul 2025 | 6:53 PM New Delhi, July 17 (UNI) The Bharatiya Janata Party (BJP) today described as 'highly objectionable' Congress leader and Leader of Opposition in the Lok Sabha, Rahul Gandhi's recent remarks suggesting that Assam Chief Minister Himanta Biswa Sarma should be sent to jail. see more.. SC seeks Bar Council of India Chairman's assistance on compliance with enrolment fee cap ruling 17 Jul 2025 | 6:15 PM New Delhi, July 17 (UNI) The Supreme Court today sought the assistance of Bar Council of India (BCI) Chairman and Senior Advocate Manan Kumar Mishra to ascertain whether State Bar Councils are complying with its 2024 ruling prohibiting enrolment fees beyond the statutory cap under the Advocates Act, 1961. see more..
Yahoo
6 days ago
- Business
- Yahoo
Earnings Preview: What To Expect From Rockwell Automation's Report
Milwaukee, Wisconsin-based Rockwell Automation, Inc. (ROK) provides industrial automation and digital transformation solutions in the Americas, EMEA, and the Indo-Pacific. With a market cap of $39.1 billion, Rockwell operates through Intelligent Devices, Software & Control, and Lifecycle Services segments. The company is expected to release its Q3 results on Wednesday, Aug. 6. Ahead of the event, analysts expect ROK to report a profit of $2.68 per share, down 1.1% from $2.71 per share reported in the year-ago quarter. On the positive note, the company has surpassed the Street's bottom-line estimates in each of the past four quarters. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Retirement Ready: 3 Dividend Stocks to Set and Forget Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the full fiscal 2025, analysts expect ROK to report an EPS of $9.77, marginally up from $9.71 in fiscal 2024. In fiscal 2026, its earnings are expected to soar 16.1% year-over-year to $11.34 per share. ROK stock has surged 19.5% over the past 52 weeks, outperforming the Industrial Select Sector SPDR Fund's (XLI) 17.3% gains and the S&P 500 Index's ($SPX) 10.5% returns during the same time frame. Rockwell Automation's stock prices soared 11.9% following the release of its better-than-expected Q2 results on May 7. Due to a drop in organic revenues and currency headwinds, the company's sales for the quarter declined 5.9% year-over-year to $2 billion, but surpassed the consensus estimates by 1.5%. Its adjusted EPS for the quarter also declined 2% year-over-year to $2.45, but surpassed the Street expectations by 17.2%. Meanwhile, the company improved its full-year topline guidance and raised its full-year EPS guidance from the previously announced range of $8.60- $9.80 to $9.20 - $10.20, boosting investor confidence. The stock has a consensus 'Moderate Buy' rating overall. Of the 23 analysts covering the stock, opinions include 11 'Strong Buys,' 11 'Holds,' and one 'Strong Sell.' As of writing, the stock is trading notably above its mean price target of $330.38. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
CNBC
16-07-2025
- Business
- CNBC
Bank of America likes this industrial turnaround story
Rockwell Automation could still be an attractive turnaround story for investors, even after its latest run, according to Bank of America. BofA upgraded the industrial automation stock to buy from neutral in a Wednesday note, raising its price target 14%, to $410 per share from $360. BofA's forecast implies about 18% upside from Tuesday's $346.49 close. Rockwell helps businesses update their operations while improving productivity, through what are called both "smart manufacturing" and "process solutions." Analyst Andrew Obin said that Rockwell is "starting to see the impact of its operational turnaround strategy," adding that the company's Logix platform is a strong catalyst for growth. Some of the turnaround involves roughly $250 million worth of cost cutting in 2025, which the analyst said the company is hoping to surpass. "We view ROK as a beneficiary from reshoring of U.S. manufacturing," Obin wrote in a 13-page report. "ROK has a strong position in the U.S. and international automation markets." "We are gaining conviction in the company's ability to execute and see both secular and cyclical tailwinds, both of which will drive better earnings power versus prior cycles," he continued. The analyst raised his earnings estimate for the fiscal fourth quarter ending in September to $3.17 per share, above the Wall Street consensus of $2.86, he said. Obin also lifted his fiscal 2026 earnings estimate to $13, "well above $11.43 consensus and growing +29% y/y," he said, noting Rockwell's efforts to expand margins are in "early innings and accelerating." "We model faster margin expansion in FY26E vs. FY25E as a reflection of volume leverage," the analyst said. "The company has telegraphed pricing trending above expectations." Rockwell shares have soared 54% in the past three months.
