With 1.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $290.08 whereas the lowest price it dropped to was $283.26. The 52-week range on ROK shows that it touched its highest point at $312.76 and its lowest point at $242.81 during that stretch. It currently has a 1-year price target of $281.09. With its current market cap of 32.34 billion, ROK has annualized dividend of $3.75 while the current yield stands at 1.31%. Beta for the stock currently stands at 1.35.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ROK was up-trending over the past week, with a rise of 3.37%, but this was up by 4.45% over a month. Three-month performance surged to 9.04% while six-month performance rose 5.65%. The stock gained 7.06% in the past year, while it has lost -7.75% so far this year. A look at the trailing 12-month EPS for ROK yields 8.28 with Next year EPS estimates of 11.15. For the next quarter, that number is 1.59. This implies an EPS growth rate of -1.93% for this year and 17.11% for next year. EPS is expected to grow by 2.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.28%.
Float and Shares Shorts:
At present, 113.47 million ROK shares are outstanding with a float of 113.23 million shares on hand for trading. On 2024-10-31, short shares totaled 2.07 million, which was 183.0 higher than short shares on 1727654400. In addition to Mr. Blake D. Moret as the firm’s President, Chairman & CEO, Mr. Scott A. Genereux serves as its Senior VP & Chief Revenue Officer.
Institutional Ownership:
Through their ownership of 0.84290004 of ROK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ROK reported revenue of $2050600000.0 and operating income of $299100000.0. The EBITDA in the recently reported quarter was $379500000.0 and diluted EPS was $2.02.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ROK since 13 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ROK analysts setting a high price target of 345.0 and a low target of 215.0, the average target price over the next 12 months is 282.18. Based on these targets, ROK could surge 20.45% to reach the target high and fall by -24.94% to reach the target low. Reaching the average price target will result in a decline of -1.48% from current levels.
Analysts have provided yearly estimates in a range of $9.79838 being high and $9.52815 being low. For ROK, this leads to a yearly average estimate of $9.65826.
