Rockwell Collins (NYSE:COL)‘s stock had its “hold” rating restated by stock analysts at Royal Bank of Canada in a research report issued to clients and investors on Friday. They currently have a $143.00 price target on the aerospace company’s stock. Royal Bank of Canada’s price objective would indicate a potential upside of 6.80% from the stock’s current price.
A number of other equities research analysts have also recently weighed in on the company. Zacks Investment Research cut Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Friday, March 23rd. ValuEngine raised Rockwell Collins from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Canaccord Genuity decreased their price objective on Rockwell Collins from $140.00 to $137.00 and set a “hold” rating on the stock in a report on Tuesday, January 30th. Cowen reaffirmed a “hold” rating and issued a $135.00 price objective on shares of Rockwell Collins in a report on Friday, January 26th. Finally, Wells Fargo lowered Rockwell Collins from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $133.48.
COL opened at $133.90 on Friday. Rockwell Collins has a 1-year low of $96.13 and a 1-year high of $139.63. The company has a current ratio of 1.56, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $21,951.96, a P/E ratio of 21.02, a price-to-earnings-growth ratio of 1.75 and a beta of 0.70.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.06. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the prior year, the business earned $1.20 EPS. The firm’s revenue for the quarter was up 68.6% on a year-over-year basis. equities analysts expect that Rockwell Collins will post 7.22 earnings per share for the current year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in COL. BlackRock Inc. boosted its stake in Rockwell Collins by 4.6% in the fourth quarter. BlackRock Inc. now owns 11,987,278 shares of the aerospace company’s stock valued at $1,625,714,000 after buying an additional 523,172 shares in the last quarter. Pentwater Capital Management LP boosted its stake in Rockwell Collins by 5.6% in the fourth quarter. Pentwater Capital Management LP now owns 3,400,000 shares of the aerospace company’s stock valued at $461,108,000 after buying an additional 180,000 shares in the last quarter. Farallon Capital Management LLC acquired a new stake in Rockwell Collins in the fourth quarter valued at about $342,853,000. Capital International Investors boosted its stake in Rockwell Collins by 1,335.8% in the third quarter. Capital International Investors now owns 2,110,600 shares of the aerospace company’s stock valued at $275,877,000 after buying an additional 1,963,600 shares in the last quarter. Finally, Alpine Associates Management Inc. boosted its stake in Rockwell Collins by 13.7% in the fourth quarter. Alpine Associates Management Inc. now owns 1,891,700 shares of the aerospace company’s stock valued at $256,553,000 after buying an additional 228,200 shares in the last quarter. 67.68% of the stock is currently owned by institutional investors.
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About Rockwell Collins
Rockwell Collins, Inc designs, produces, and supports communications and aviation systems worldwide. The company's Interior Systems segment offers commercial aircraft seats; galley structures, food and beverage preparation equipment, and water and waste systems; oxygen and passenger service equipment; cabin lighting systems; and business jet and general aviation interior products.
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