Rotork (LON:ROR) Hits New 12-Month Low – Here’s Why

Rotork plc (LON:ROR) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 297.77 and last traded at GBX 298.20, with a volume of 451814 shares changing hands. The stock had previously closed at GBX 299.20.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ROR. Shore Capital Group raised Rotork to a “hold” rating in a research report on Friday, May 1st. Berenberg Bank decreased their target price on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a research report on Wednesday, March 11th. JPMorgan Chase & Co. reduced their price objective on Rotork from GBX 420 to GBX 390 and set an “overweight” rating for the company in a research note on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 400 price objective on shares of Rotork in a research note on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 402.

Rotork Trading Down 0.2%

The firm has a market capitalization of £2.43 billion, a PE ratio of 21.80, a P/E/G ratio of 2.48 and a beta of 0.97. The business has a 50 day moving average price of GBX 325.63 and a 200-day moving average price of GBX 338.17. The company has a current ratio of 2.50, a quick ratio of 2.16 and a debt-to-equity ratio of 7.69.

Rotork (LON:ROR) last issued its earnings results on Tuesday, March 10th. The company reported GBX 17 earnings per share (EPS) for the quarter. Rotork had a return on equity of 20.10% and a net margin of 14.85%. Analysts expect that Rotork plc will post 16.4574899 earnings per share for the current year.

Insider Activity

In other Rotork news, insider Kiet Huynh bought 49 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was acquired at an average cost of £150.05 per share, with a total value of £7,352.45. Over the last ninety days, insiders purchased 141 shares of company stock worth $765,358. Corporate insiders own 0.31% of the company’s stock.

Rotork Company Profile

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.