Insider Buying: Rotork (LON:ROR) Insider Buys £147.30 in Stock

Key Points

• Insider purchase: Rotork director Kiet Huynh bought 30 shares at GBX 491 each, worth £147.30, following two smaller purchases in August and September.
• Stock performance: Rotork shares rose to GBX 491.80, near their one-year high of GBX 492.40. The company has a £4.01 billion market capitalization and trades at a price-to-earnings ratio of 33.23.
• Analyst outlook: Rotork has a consensus “Moderate Buy” rating, with four Buy ratings and three Holds, although its average analyst price target of GBX 433.50 is below the current share price.

Rotork plc (LON:ROR - Get Free Report) insider Kiet Huynh bought 30 shares of the business's stock in a transaction that occurred on Monday, October 12th. The shares were bought at an average price of GBX 491 per share, with a total value of £147.30.

Kiet Huynh also recently made the following trade(s):

• On Thursday, September 10th, Kiet Huynh purchased 5 shares of Rotork stock. The stock was bought at an average cost of GBX 3,100 per share, with a total value of £155.
• On Monday, August 10th, Kiet Huynh purchased 31 shares of Rotork stock. The stock was bought at an average price of GBX 487 per share, for a total transaction of £150.97.

Rotork Stock Performance

Shares of LON:ROR traded up GBX 0.80 on Tuesday, hitting GBX 491.80. 1,890,752 shares of the company were exchanged, compared to its average volume of 14,787,104. The company's 50 day moving average price is GBX 486.03 and its two-hundred day moving average price is GBX 388.73. Rotork plc has a one year low of GBX 286.40 and a one year high of GBX 492.40. The company has a debt-to-equity ratio of 8.01, a quick ratio of 2.16 and a current ratio of 2.54. The firm has a market capitalization of £4.01 billion, a price-to-earnings ratio of 33.23, a PEG ratio of 2.48 and a beta of 1.05.

Rotork (LON:ROR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 7.40 EPS for the quarter. Rotork had a net margin of 15.75% and a return on equity of 21.48%. Research analysts expect that Rotork plc will post 16.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on ROR shares. Royal Bank Of Canada downgraded Rotork to a "sector perform" rating and raised their price objective for the stock from GBX 400 to GBX 503 in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price on Rotork from GBX 390 to GBX 405 and gave the company an "overweight" rating in a research note on Wednesday, July 1st. Finally, Peel Hunt restated a "hold" rating and issued a GBX 503 target price on shares of Rotork in a research note on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, Rotork has a consensus rating of "Moderate Buy" and an average target price of GBX 433.50.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.