Rockwell Automation (ROK) released its Q4 and fiscal 2019 results today. ROK reported $6.7 billion in fiscal 2019 revenues, beating expectations by 1.1%.
As of October 3, 2017, SWK’s one-year-forward price-to-earnings multiple was 19.70x, while peer DOV is trading at a one-year-forward price-to-earnings multiple of 20.90x.
Emerson Electric (EMR) announced its fiscal 1Q17 earnings results on February 7, 2017. In this series, we’ll analyze EMR’s earnings, compare the results with analysts’ expectations, and analyze the factors that caused any deviation.
At the end of fiscal 1Q17, Rockwell Automation (ROK) had ~$1.6 billion in the form of cash and cash equivalents on its balance sheet compared to ~$1.5 billion at the end of fiscal 1Q16.
ROK maintains that oil prices have recovered since early 2016 and that most of its business in the heavy industries end market is expected to stabilize.
For fiscal 1Q16, the pre-tax margin of ROK’s Architecture & Software segment was 27.4%, as compared to the Control Products & Solutions segment’s 15.3%.
Of the 24 analysts covering Rockwell Automation stock, three analysts gave the company a “buy” recommendation, while 17 analysts (71%) gave it a “hold.”
Rockwell Automation maintains that oil prices have recovered since the beginning of 2016, and most of its business in the heavy industries end market is expected to stabilize.
Rockwell Automation’s (ROK) sales in fiscal 4Q16 fell 4.3% to $1.5 billion, led by an organic fall of 4% and a 70-basis-point impact of currency translations.
Revenues for Emerson’s (EMR) Process Management segment have risen from $7.0 billion in 2011 to $8.5 billion in 2015 at a compound annual growth rate of 4%.
With the acquisition of Pentair’s (PNR) Valves & Controls business, Emerson’s market share in the process automation industry is likely to rise 10% next year and beyond.
This is the second series in our company overview of Emerson Electric (EMR). The company recently realigned its business after finding buyers for its Network Power segment.
Emerson Electric earned revenues of $22.3 billion in fiscal 2015. About 48% of the company’s fiscal 2015 revenues came from the United States and Canada.
To simplify organizational complexity and drive efficiencies, Lincoln Electric (LECO) is undergoing a transformation toward a new organizational structure.
Lincoln Electric (LECO) has been successful in keeping a low debt-to-equity ratio. This shows the company is using less leverage and has a strong equity position.
The revival of global growth is of the utmost importance to Lincoln Electric. The company’s revenue declined by 1% in 2014 while it further deteriorated by 10% in 2015.
In fiscal 2015, Lincoln Electric’s (LECO) Harris Product Welding segment contributed approximately 10% to its total revenue, with 7% to its consolidated operating profit.
The US economy contributes about 25.4% toward global gross domestic product, and the manufacturing sector accounts for one-tenth of the country’s economy.
The US economy contributes about 25.2% towards global GDP. In 3Q15, the US economy grew at an annualized rate of 2.1% due to an increase in consumer spending.
The US manufacturing PMI fell to 52.8 in November, a decline of 1.3 points from October’s reading of 54.1. This is one of the weakest readings since October 2013.
