Key Points
- Insider buying: Rotork insider Kiet Huynh purchased 31 shares at GBX 487 each, totaling £150.97. This follows two earlier purchases in June and July.
- Stock performance: Rotork opened at GBX 486.40, near its 52-week high of GBX 489.20, with a market capitalization of approximately £3.96 billion.
- Analyst outlook: Analysts maintain a consensus “Moderate Buy” rating, with an average price target of GBX 433.50; ratings include four Buys and three Holds.
Rotork plc (LON:ROR - Get Free Report) insider Kiet Huynh purchased 31 shares of the business's stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of GBX 487 per share, for a total transaction of £150.97.
Kiet Huynh also recently made the following trade(s):
- On Friday, July 10th, Kiet Huynh acquired 51 shares of Rotork stock. The stock was acquired at an average cost of GBX 295 per share, with a total value of £150.45.
- On Wednesday, June 10th, Kiet Huynh acquired 49 shares of Rotork stock. The shares were acquired at an average price of GBX 303 per share, with a total value of £148.47.
Rotork Stock Performance
LON:ROR opened at GBX 486.40 on Wednesday. The company has a debt-to-equity ratio of 8.01, a current ratio of 2.54 and a quick ratio of 2.16. Rotork plc has a fifty-two week low of GBX 286.40 and a fifty-two week high of GBX 489.20. The stock's 50-day moving average is GBX 372.27 and its two-hundred day moving average is GBX 348.34. The stock has a market cap of £3.96 billion, a PE ratio of 35.50, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05.
Rotork (LON:ROR - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported GBX 7.40 earnings per share for the quarter. Rotork had a return on equity of 21.48% and a net margin of 15.75%. As a group, equities research analysts forecast that Rotork plc will post 16.4574899 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Shore Capital Group upgraded shares of Rotork to a "hold" rating in a research note on Friday, May 1st. JPMorgan Chase & Co. lifted their target price on shares of Rotork from GBX 390 to GBX 405 and gave the company an "overweight" rating in a research note on Wednesday, July 1st. Peel Hunt restated a "hold" rating and set a GBX 503 price target on shares of Rotork in a report on Tuesday, August 4th. Royal Bank Of Canada downgraded shares of Rotork to a "sector perform" rating and upped their price target for the stock from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 400 price objective on shares of Rotork in a report on Tuesday, May 5th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Rotork currently has a consensus rating of "Moderate Buy" and an average price target of GBX 433.50.
View Our Latest Analysis on ROR
About Rotork
(
Get Free Report)
Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.
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