With 1.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.02 million shares. The 52-week range on ROK shows that it touched its highest point at $310.78 and its lowest point at $215.00 during that stretch. It currently has a 1-year price target of $317.00. With its current market cap of 34.53 billion, ROK has annualized dividend of $5.18 while the current yield stands at 1.69%. Beta for the stock currently stands at 1.35.
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 down-trending over the past week, with a drop of -0.51%, but this was up by 27.72% over a month. Three-month performance surged to 3.75% while six-month performance rose 8.18%. The stock gained 12.93% in the past year, while it has gained 7.18% so far this year. A look at the trailing 12-month EPS for ROK yields 7.94 with Next year EPS estimates of 11.40. For the next quarter, that number is 2.64. This implies an EPS growth rate of 0.39% for this year and 16.97% for next year. EPS is expected to grow by 10.17% 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, 112.70 million ROK shares are outstanding with a float of 112.47 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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.
