Rockwell Automation Incorporated (ROK): Today's Featured Industrial Goods Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Rockwell Automation Incorporated (ROK) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.8%. By the end of trading, Rockwell Automation Incorporated rose 86 cents (1.2%) to $73.72 on average volume. Throughout the day, 1.2 million shares of Rockwell Automation Incorporated exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $72.61-$73.98 after having opened the day at $72.84 as compared to the previous trading day's close of $72.86. Other companies within the Industrial Goods sector that increased today were: American Woodmark Corporation (AMWD), up 16.2%, Arotech Corporation (ARTX), up 9.8%, Tower International (TOWR), up 9.4%, and Aerosonic Corporation (AIM), up 8.5%.

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Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture and Software, and Control Products and Solutions. Rockwell Automation Incorporated has a market cap of $9.92 billion and is part of the industrial industry. The company has a P/E ratio of 13.9, above the average industrial industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Thursday. Currently there are five analysts that rate Rockwell Automation Incorporated a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Rockwell Automation Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

• You can view the full Rockwell Automation Ratings Report.

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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR (XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 (DOG).

• Find other investment ideas from our top rated ETFs lists.

 

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