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home / news releases / ROK - Rockwell Automation: Possible FY2024 Guidance Miss Gives Me Pause

ROK - Rockwell Automation: Possible FY2024 Guidance Miss Gives Me Pause

Rockwell Automation Inc.

2024-02-01 12:36:54 ET

Summary

  • Hold rating recommended for Rockwell Automation, Inc. due to potential miss in FY24 guidance and lack of visibility for 2H24 order growth.
  • Q1 2024 results showed stronger sales in software and control, but segment operating margins contracted.
  • Even if guidance is achieved, the upside in valuation is not attractive, making the return profile for Rockwell Automation unappealing.

Investment Action

For further details see:

Rockwell Automation: Possible FY2024 Guidance Miss Gives Me Pause
Stock Information
Company Name: Rockwell Automation Inc.
Stock Symbol: ROK
Market: NYSE
Website: rockwellautomation.com
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