Rotork plc (LON:ROR - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 314.99 ($3.92) and traded as high as GBX 326.20 ($4.06). Rotork shares last traded at GBX 320.40 ($3.99), with a volume of 582,216 shares changing hands.
Analysts Set New Price Targets
A number of equities analysts recently commented on ROR shares. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 300 ($3.73) target price on shares of Rotork in a research report on Wednesday, April 10th. Shore Capital reiterated a "hold" rating on shares of Rotork in a research report on Tuesday, March 5th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 370 ($4.61) target price on shares of Rotork in a research report on Wednesday, March 6th.
Check Out Our Latest Analysis on Rotork
Rotork Stock Performance
The company has a market cap of £2.73 billion, a PE ratio of 2,435.38, a PEG ratio of 2.48 and a beta of 1.00. The company has a debt-to-equity ratio of 1.92, a quick ratio of 2.16 and a current ratio of 3.09. The business's 50-day moving average is GBX 322.76 and its 200 day moving average is GBX 314.99.
Rotork Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, April 18th will be issued a GBX 4.65 ($0.06) dividend. This represents a yield of 1.47%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Rotork's previous dividend of $2.55. Rotork's dividend payout ratio (DPR) is 5,384.62%.
Rotork Company Profile
(
Get Free Report)
Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.
Read More
Before you consider Rotork, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rotork wasn't on the list.
While Rotork currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
