Today’s Price Action: What’s Rockwell Collins, Inc. Upside After Achieving 52-Week High?

Today's Price Action: What's Rockwell Collins, Inc. Upside After Achieving 52 Week High?

The stock of Rockwell Collins, Inc. (NYSE:COL) hit a new 52-week high and has $101.14 target or 5.00% above today’s $96.32 share price. The 5 months bullish chart indicates low risk for the $12.60B company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $101.14 price target is reached, the company will be worth $630.00M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 741,452 shares traded hands. Rockwell Collins, Inc. (NYSE:COL) has risen 3.33% since April 28, 2016 and is uptrending. It has underperformed by 2.59% the S&P500.

Analysts await Rockwell Collins, Inc. (NYSE:COL) to report earnings on January, 27. They expect $1.17 earnings per share, down 3.31% or $0.04 from last year’s $1.21 per share. COL’s profit will be $152.98M for 20.57 P/E if the $1.17 EPS becomes a reality. After $1.58 actual earnings per share reported by Rockwell Collins, Inc. for the previous quarter, Wall Street now forecasts -25.95% negative EPS growth.

Rockwell Collins, Inc. (NYSE:COL) Ratings Coverage

Out of 10 analysts covering Rockwell Collins (NYSE:COL), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. $108 is the highest target while $88 is the lowest. The $95.36 average target is -1.00% below today’s ($96.32) stock price. Rockwell Collins has been the topic of 21 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Rockwell Collins, Inc. (NYSE:COL) earned “Buy” rating by Canaccord Genuity on Monday, September 21. Canaccord Genuity maintained Rockwell Collins, Inc. (NYSE:COL) rating on Tuesday, October 25. Canaccord Genuity has “Hold” rating and $88 price target. The rating was maintained by Barclays Capital with “Overweight” on Monday, January 25. The firm has “Outperform” rating by RBC Capital Markets given on Monday, January 25. Zacks downgraded the stock to “Hold” rating in Tuesday, August 25 report. The firm has “Hold” rating by Jefferies given on Wednesday, December 30. The stock has “Hold” rating given by Canaccord Genuity on Tuesday, July 26. On Wednesday, September 9 the stock rating was maintained by Sterne Agee CRT with “Buy”. The stock of Rockwell Collins, Inc. (NYSE:COL) has “Hold” rating given on Friday, August 26 by Argus Research. On Friday, April 1 the stock rating was maintained by Citigroup with “Neutral”.

According to Zacks Investment Research, “Rockwell Collins, Inc. is a world leader in providing aviation electronics and airborne and mobile communications products and systems for commercial and military applications.”

Insitutional Activity: The institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.14, from 1.03 in 2016Q1. The ratio is positive, as 31 funds sold all Rockwell Collins, Inc. shares owned while 153 reduced positions. 42 funds bought stakes while 148 increased positions. They now own 93.25 million shares or 4.56% less from 97.71 million shares in 2016Q1.
Exxonmobil Investment Mgmt Tx, a Texas-based fund reported 33,701 shares. Moreover, Point72 Asia (Hong Kong) Limited has 0.22% invested in Rockwell Collins, Inc. (NYSE:COL) for 2,272 shares. Pennsylvania Tru holds 0.03% or 3,800 shares in its portfolio. Rothschild Asset accumulated 0.01% or 4,307 shares. Adirondack Trust Com reported 60 shares or 0% of all its holdings. Amica Retiree Med Trust reported 3,978 shares or 0.29% of all its holdings. Blackrock Inv Ltd Liability Co has 274,317 shares for 0.03% of their US portfolio. Assetmark Incorporated holds 0% of its portfolio in Rockwell Collins, Inc. (NYSE:COL) for 928 shares. Gemmer Asset Ltd has invested 0.01% of its portfolio in Rockwell Collins, Inc. (NYSE:COL). The Ontario – Canada-based Canada Pension Plan Investment Board has invested 0.02% in Rockwell Collins, Inc. (NYSE:COL). Texas Permanent School Fund accumulated 42,240 shares or 0.05% of the stock. Shufro Rose & Ltd Liability Com reported 152,629 shares or 1.44% of all its holdings. Cleararc Capital reported 3,151 shares or 0.05% of all its holdings. Etrade Capital Ltd Liability Corp has 3,541 shares for 0.02% of their US portfolio. Jasper Ridge Prtnrs L P accumulated 0.07% or 11,764 shares.

Insider Transactions: Since June 6, 2016, the stock had 0 insider buys, and 3 selling transactions for $2.73 million net activity. STANDERSKI JEFFREY A. had sold 4,300 shares worth $376,250 on Monday, June 6. Another trade for 25,474 shares valued at $2.16M was sold by Ortberg Robert Kelly. Shares for $185,640 were sold by JASPER PHILIP J.

More recent Rockwell Collins, Inc. (NYSE:COL) news were published by: Bloomberg.com which released: “Starboard Pushes Rockwell Collins to Reconsider B/E Deal” on November 30, 2016. Also Businesswire.com published the news titled: “Rockwell Collins and Bluedrop Training and Simulation Inc. Sign Teaming …” on November 30, 2016. Fool.com‘s news article titled: “Is Rockwell Collins Making a Huge Mistake in Buying B/E Aerospace?” with publication date: November 08, 2016 was also an interesting one.

COL Company Profile

Rockwell Collins, Inc., incorporated on March 1, 2001, is engaged in design, production and support of communications and aviation electronics for commercial and military clients around the world. The Company’s products and systems are focused on aviation applications. The integrated system solutions and products it provides to its served markets include communications, navigation, automated flight control, displays/surveillance, simulation and training, integrated electronics and information management systems. The Firm also provides a range of services and support to its clients through a network of service centers, including equipment repair and overhaul, service parts, field service engineering, training, technical information services and aftermarket used equipment sales. The Firm operates in two divisions: Government Systems and Commercial Systems. The Firm enables wireless distribution of digital information aboard the aircraft. The Company, through its portfolio of cabin services and products, allows airlines to stream video content to more than 250 passengers simultaneously.

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