Somewhat Positive News Coverage Somewhat Unlikely to Affect Rockwell Collins (COL) Share Price
News stories about Rockwell Collins (NYSE:COL) have been trending somewhat positive on Monday, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rockwell Collins earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 46.6028616915474 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Can Cedar Rapids weather a wave of mergers and acquisitions? Almoayed … (thegazette.com)
- Rockwell Collins, Inc. (COL) Stock in the Technical Spotlight – Wall Street Morning (wallstreetmorning.com)
- Ex-Dividend Reminder: Rockwell Collins, Schnitzer Steel Industries and Helmerich & Payne – Nasdaq (nasdaq.com)
- Rockwell Collins, Inc. (COL) Expected to Post Quarterly Sales of $2.15 Billion (americanbankingnews.com)
- Brad Kutz Joins Wipaire, Inc. As Vice President Of Engineering (aero-news.net)
A number of analysts have issued reports on COL shares. Zacks Investment Research raised Rockwell Collins from a “sell” rating to a “hold” rating in a research note on Monday, October 16th. Credit Suisse Group cut Rockwell Collins from an “outperform” rating to a “neutral” rating and set a $140.00 target price for the company. in a report on Wednesday, November 8th. Royal Bank of Canada set a $140.00 target price on Rockwell Collins and gave the stock a “hold” rating in a report on Sunday, November 12th. Wells Fargo & Co cut Rockwell Collins from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Finally, Cowen reiterated a “hold” rating and issued a $135.00 target price on shares of Rockwell Collins in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $134.01.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings data on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.06. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the previous year, the business earned $1.20 EPS. Rockwell Collins’s revenue was up 68.6% compared to the same quarter last year. sell-side analysts anticipate that Rockwell Collins will post 7.12 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Investors of record on Monday, February 12th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Friday, February 9th. Rockwell Collins’s payout ratio is currently 24.54%.
In related news, VP Robert A. Sturgell sold 1,734 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $132.10, for a total transaction of $229,061.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Douglas E. Stenske sold 3,287 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $135.00, for a total value of $443,745.00. Following the transaction, the vice president now owns 8,776 shares of the company’s stock, valued at approximately $1,184,760. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,965 shares of company stock valued at $5,639,519. 1.10% of the stock is owned by company insiders.
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About Rockwell Collins
Rockwell Collins, Inc designs, produces and supports communications and aviation systems for commercial and military customers. The Company provides information management services through voice and data communication networks and solutions across the world. The Company operates through three segments: Commercial Systems, Government Systems and Information Management Services.
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