Rockwell Automation Reaches New 52-Week High (ROK)

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.

NEW YORK ( TheStreet) -- Rockwell Automation Incorporated (NYSE: ROK) hit a new 52-week high Monday as it is currently trading at $90.15, above its previous 52-week high of $90.08 with 426,493 shares traded as of 1:26 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Rockwell Automation has a market cap of $12.45 billion and is part of the industrial goods sector and industrial industry. Shares are up 6.1% year to date as of the close of trading on Friday.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture & Software and Control Products & Solutions. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Rockwell Automation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Rockwell Automation Ratings Report.

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