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How to Buy Rockwell Automation Stock

Rockwell Automation Inc

Rockwell Automation is a specialty industrial machinery company located in Wisconsin, United States, which is part of the Industrials sector, and is traded under the ticker ROK on the NYSE exchange.

Rockwell Automation stock last closed at $274.23, up 3.45% from the previous day, and has decreased 18.9% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.31 percentage points. Rockwell Automation stock is currently +10.13% from its 52-week low of $249.00, and -21.32% from its 52-week high of $348.52.

There are currently 114M ROK shares outstanding. The market value of ROK is $31.26B. In the last 24 hours, 710,155 ROK shares were traded.

How to Buy Rockwell Automation Stock

Wondering how to invest in Rockwell Automation stock? Here's how.
  1. Figure out where to buy Rockwell Automation stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Rockwell Automation stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your method of payment and add your information.
  4. Evaluate Rockwell Automation stock: The Rockwell Automation ticker symbol is ROK. Is Rockwell Automation stock a good investment? Should you buy shares of ROK? How do ROK's underlying business fundamentals look? Do top analysts think Rockwell Automation is a good buy? Why has ROK's stock price moved recently? (Hint: Our stock research website can help you figure out if ROK is a good stock to buy).
  5. Execute your ROK purchase: Decide if you will purchase ROK shares at the current market price or use a limit order to purchase ROK stock at a given price.
  6. Keep an eye on your ROK investment: Create a watchlist to monitor your position in Rockwell Automation shares.

Step 1: Figure out where to buy Rockwell Automation stock

You will need an online brokerage account to access the NYSE market and buy ROK stock.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, you need to fill out some personal information so you are able to buy ROK today.

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Step 3: Fund your investment account

Now that you have filled out your info on the best investment app, your next step is to transfer the money for your investment:

Watch this video walkthrough for more details depositing funds into your new brokerage account.

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Step 4: Evaluate Rockwell Automation stock

Once you have identified the best place to buy Rockwell Automation stock, it's critical to research their stock before you invest, so you actually wrap your head around the risk and upside.

Rockwell Automation shares at a glance

ROK Price
$274.23
1w %
3.85%
1y %
-18.9%
5y %
75.56%
P/E
26.68x
P/B
8.82x
P/S
3.49x
PEG
4.8x
Revenue
$8.98B
Earnings
$1.18B
Fore. Rev. Growth
-0.8%
Fore. Earn. Growth
6.17%
Market Cap
$31.26B
Next Earnings
Jul 30, 2024
Next Dividend
Sep 10, 2024

Rockwell Automation Fundamentals

WallStreetZen was built to help average investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on ROK's stock page.

Is ROK stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge ROK's true value.

Using relative valuations measures:

  • ROK may be overvalued based on its P/E ratio of 26.68x, relative to Specialty Industrial Machinery industry P/E ratio of 26.28x
  • ROK could be overvalued based on its P/B ratio of 8.82x, relative to Specialty Industrial Machinery industry P/B ratio of 5.12x
  • ROK could be overvalued based on its PEG ratio of 4.8x

You can access additional valuation analysis on ROK's stock here.

ROK Financial Health Summary

Passed Health Checks:

  • ROK earnings of $1.60B is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the ROK balance sheet.
  • There are more short-term assets than short-term liabilities on the ROK balance sheet.
  • ROK's operating cash flow of $1.27B allows it to safely service it's debt of $4.00B.
  • Total ROK debt is lower than 5 years ago, relative to shareholder equity.

Failed Health Checks:

  • ROK has a relatively high debt to equity ratio of 2.16.
  • ROK profit margin has gone down from 15.8% to 13.2% in the past year.

Is Rockwell Automation stock a Buy, Hold, or Sell, according to analysts?

Out of 12 Equities analysts who give recommendations on ROK, the consensus analyst rating on ROK is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Latest ROK Analyst Forecasts

Brett Linzey, a top 8% analyst from Mizuho maintains ROK with a hold rating and lowers their ROK price target from $265.00 to $260.00, on May 8, 2024.

Richard Eastman, a top 10% analyst from Baird maintains ROK with a buy rating and lowers their ROK price target from $310.00 to $304.00, on May 8, 2024.

Stephen Tusa, a top 16% analyst from JP Morgan maintains ROK with a strong sell rating and maintains their ROK price target from $254.00 to $254.00, on Mar 21, 2024.

Philip Buller, a top 40% analyst from Berenberg downgrades ROK to a hold rating and announces their ROK price target of $290.00, on Mar 6, 2024.

Noah Kaye, a top 13% analyst from Oppenheimer maintains ROK with a buy rating and lowers their ROK price target from $324.00 to $300.00, on Feb 1, 2024.

You can dig deeper into what analysts are projecting on the Rockwell Automation stock forecast page.

Metrics for Advanced ROK Traders

SMA10
266.94
SMA20
264.16
SMA50
265.04
SMA100
273.67
SMA200
278.87
MACD
1.1
MACD Signal
0.33
MACD Histogram
0.77
RSI
60.38
Stochastic %K
51.53
Stochastic %D
44.17
StochRSI %K
37.18
StochRSI %D
27.88

ROK Performance Numbers

Last year, ROK earnings were $1.18B. During the past 5 year, ROK's earnings have grown by 5.27% per year. This was faster than the Specialty Industrial Machinery industry average of -0.04%.

Last year, ROK revenue was $8.98B. In the last 5 year, ROK's revenue has grown by 5.94% per year. This was faster than the Specialty Industrial Machinery industry average of 4.16%.

Dive into ROK's earnings and revenue performance here.

Who is buying/selling ROK?

In the past 12 months, executives and large shareholders at ROK have sold more shares than they have bought.

Tessa M. Myers, SVP Intelligent Devices of ROK, was the latest ROK insider to sell. They sold $133,995.84 worth of ROK shares on Jun 11, 2024.

Dig into more about who owns ROK stock here.

Can I get consistent income from ROK stock?

Rockwell Automation pays a dividend of 1.8%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.25%. If you owned $1,000 of ROK stock, you would have received $17.98 last year.

Rockwell Automation dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Rockwell Automation dividend yield and history here.

What do other traders have to say about ROK?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your ROK purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Keep an eye on your ROK investment

Now that you own some shares in ROK, you'll want to stay up-to-date on your investment.

Create a watchlist to get notified of the latest news about your ROK stock.

ROK Feed

How to Buy Stock in Rockwell Automation

To summarize, here are the 6 steps for buying Rockwell Automation stock:

  1. Figure out where to buy Rockwell Automation stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Rockwell Automation stock
  5. Execute your ROK purchase
  6. Keep an eye on your ROK investment

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Rockwell Automation, create your watchlist below.

NYSE: ROK
$274.23+9.15 (+3.45%)
Updated Jul 11, 2024
Open eToro Account
NYSE: ROK
$274.23+9.15 (+3.45%)
Updated Jul 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Rockwell Automation share?

As of Jul 11, 2024, it costs $274.23 to buy one share of Rockwell Automation stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.365 shares of ROK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Rockwell Automation stock?

According to 12 Wall Street analysts who monitor Rockwell Automation, their consensus recommendation is to buy Rockwell Automation stock.

What is the best way to buy Rockwell Automation stock?

One way to place an order for Rockwell Automation stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.