McKesson (NYSE:MCK)- Frontline Active Stocks in Broker Choice: Rockwell Automation (NYSE:ROK)

McKesson Corporation (NYSE:MCK) [Trend Analysis] retains strong position in active trade, as shares scoring -0.68% to $148.31 in a active trade session, while looking at the shares volume, around 1.59 Million shares have changed hands in this session. The BOD of McKesson Corporation (MCK) declared a regular dividend of twenty-eight cents per share on Common Stock. The dividend will be payable on April 3, 2017, to stockholders of record on March 1, 2017. McKesson Corporation, currently ranked 5th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better.

McKesson partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies, and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. The firm has institutional ownership of 87.60%, while insider ownership included 0.29%. MCK attains analyst recommendation of 2.70 with week’s performance of -0.08%. Investors looking further ahead will note that the Price to next year’s EPS is -2.14%.

Rockwell Automation Inc. (NYSE:ROK) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 1.44% to 142.03 with around 1.68 Million shares have changed hands in this session. Rockwell Automation Inc. (ROK) declared that its fiscal Q1 net income of $214.7 million. On a per-share basis, the Milwaukee-based company said it had net income of $1.65. Earnings, adjusted for non-recurring costs, were $1.75 per share. The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share.

The industrial equipment and software maker posted revenue of $1.49 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $1.42 billion.Rockwell Automation expects full-year earnings in the range of $5.95 to $6.35 per share. The stock is going forward its fifty-two week low with 62.58% and lagging behind from its 52-week high price with -0.36%.

Similar, the positive performance for the quarter recorded as 16.19% and for the year was 60.82%, while the YTD performance remained at 5.68%. ROK has Average True Range for 14 days of 2.09.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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