Media coverage about Rockwell Collins (NYSE:COL) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rockwell Collins earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news articles about the aerospace company an impact score of 44.7333474370713 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Insider Buying: Rockwell Collins, Inc. (COL) Director Acquires 1,666,667 Shares of Stock (americanbankingnews.com)
- $2.24 Billion in Sales Expected for Rockwell Collins, Inc. (COL) This Quarter (americanbankingnews.com)
- Rockwell Collins : Purchase of ROCKWELL COLLINS SUPPORT AND SERVICES (4-traders.com)
- Up Next for the United Tech-Rockwell Tie-Up: The Antitrust Ordeal (wsj.com)
- United Tech, Rockwell Deal Could Face Biggest Hurdle in Antitrust Scrutiny (finance.yahoo.com)
COL has been the topic of a number of research analyst reports. Jefferies Group LLC set a $108.00 target price on Rockwell Collins and gave the stock a “hold” rating in a research report on Monday, May 22nd. Sanford C. Bernstein initiated coverage on Rockwell Collins in a research report on Thursday, May 25th. They set an “outperform” rating and a $129.00 target price on the stock. Royal Bank Of Canada reiterated a “hold” rating and set a $114.00 target price on shares of Rockwell Collins in a research report on Friday, May 26th. Bank of America Corporation cut their target price on Rockwell Collins from $115.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, June 9th. Finally, ValuEngine upgraded Rockwell Collins from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $122.34.
Shares of Rockwell Collins (NYSE COL) opened at 131.09 on Friday. The company has a 50-day moving average price of $125.58 and a 200-day moving average price of $108.72. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 26.02 and a beta of 0.75. Rockwell Collins has a 1-year low of $78.54 and a 1-year high of $135.31.
Rockwell Collins (NYSE:COL) last issued its earnings results on Friday, July 28th. The aerospace company reported $1.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.06. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Rockwell Collins had a net margin of 11.52% and a return on equity of 26.20%. The firm’s revenue for the quarter was up 57.0% compared to the same quarter last year. During the same period last year, the firm posted $1.63 earnings per share. On average, equities analysts expect that Rockwell Collins will post $6.09 earnings per share for the current fiscal year.
Rockwell Collins declared that its board has approved a share repurchase program on Friday, July 7th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the aerospace company to reacquire up to 1.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 5th. Investors of record on Monday, August 14th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend was Thursday, August 10th. Rockwell Collins’s payout ratio is 26.04%.
In other news, Director Harlan Donnley Meade acquired 1,666,667 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average price of $0.06 per share, with a total value of $100,000.02. Insiders purchased a total of 1,678,667 shares of company stock valued at $100,960 in the last ninety days. Company insiders own 1.50% of the company’s stock.
Rockwell Collins Company Profile
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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