- Rockwell Automation has lowered their fiscal year EPS (Earnings Per Share) forecast. They now anticipate EPS to be between $8.80 and $9.80, down from the previous range of $11.24 to $12.74.
- The firm’s second quarter results showed an adjusted EPS of $2.50 compared to last year’s $3.01, surpassing the estimated $2.17.
- Sales have declined by 6.6% year-on-year to $2.13 billion but were still higher than the projection of $2.05 billion.
- The company’s free cash flow was notably lower than expected, coming in at $68.6 million, a decrease of 56% from the previous year, and significantly lower than the estimated $253.9 million.
- The firm’s adjusted tax rate reduced to 14.8% in the current year from 17.4% last year.
- In terms of security recommendations, Rockwell Automation currently has 8 buy ratings, 13 hold ratings, and 4 sell ratings.
Rockwell Automation on Smartkarma
Analyst coverage on Rockwell Automation on Smartkarma showcases a positive sentiment from Baptista Research. In the report titled “Rockwell Automation: What Is Driving The Acceleration of New Product Orders? – Major Drivers,” the first quarter demonstrated growth in orders across all segments and regions, despite challenges in the distribution channel. Total sales increased by 3.6% year-over-year, with organic sales advancing by 1%.
Another report by Baptista Research, “Rockwell Automation: Strong End-Market Demand & 5 Other Factors Driving Its Growth! – Financial Forecasts,” highlights the company’s impressive first quarter growth amidst a tough economic landscape. With a 3.6% year-over-year increase in total sales, Rockwell Automation‘s diverse business portfolio played a vital role in this positive performance, particularly led by North America.
A look at Rockwell Automation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Rockwell Automation, Inc. produces a range of industrial automation products globally. Based on the Smartkarma Smart Scores, Rockwell Automation seems to have a balanced long-term outlook. While the company’s Value and Resilience scores are moderate at 2, its Dividend, Growth, and Momentum scores are slightly higher at 3. This indicates that Rockwell Automation may have steady growth potential and a stable dividend payout, with momentum in its favor.
Overall, Rockwell Automation appears to be positioned reasonably well for the future based on its Smartkarma Smart Scores. The company’s focus on industrial automation products, including control systems and sensors, aligns with the increasing demand for automation in various industries. With a mix of average value and resilience scores supported by slightly higher dividend, growth, and momentum scores, Rockwell Automation seems poised to navigate potential market challenges while capitalizing on growth opportunities.
### Summary: Rockwell Automation, Inc. produces industrial automation products such as control systems, motor control devices, sensors, and industrial control panels, marketed worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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