Rockwell Collins Upgraded to Buy at Buckingham Research (COL)
Rockwell Collins (NYSE:COL) was upgraded by research analysts at Buckingham Research from a “neutral” rating to a “buy” rating in a report released on Thursday, TheFlyOnTheWall.com reports.
Shares of Rockwell Collins (NYSE:COL) opened at 74.61 on Thursday. Rockwell Collins has a 52 week low of $57.75 and a 52 week high of $79.59. The stock has a 50-day moving average of $75.33 and a 200-day moving average of $72.2. The company has a market cap of $10.103 billion and a P/E ratio of 16.24.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.95 by $0.01. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. Analysts expect that Rockwell Collins will post $4.45 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 3rd. Stockholders of record on Monday, February 10th will be paid a dividend of 0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Thursday, February 6th.
In other Rockwell Collins news, Director Chris Davis unloaded 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $74.75, for a total transaction of $373,750.00. Following the sale, the director now directly owns 31,795 shares of the company’s stock, valued at approximately $2,376,676. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of other firms have also recently commented on COL. Analysts at Thomson Reuters/Verus downgraded shares of Rockwell Collins from a “hold” rating to a “sell” rating in a research note to investors on Monday. Separately, analysts at Ned Davis Research downgraded shares of Rockwell Collins from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 27th. Finally, analysts at Deutsche Bank upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 23rd. They now have a $95.00 price target on the stock, up previously from $82.00. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $77.33.
Rockwell Collins, Inc (NYSE:COL) is engaged in design, production and support of communications and aviation electronics for commercial and military customers worldwide.
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