Rotork (LON:ROR) Reaches New 12-Month High - What's Next?

Key Points

• Rotork shares reached a new 52-week high of GBX 494 and last traded at GBX 492.60, giving the company a market capitalization of approximately £4.01 billion.
• Analyst sentiment remains positive overall, with four Buy ratings and three Holds producing a consensus rating of “Moderate Buy.” However, the average price target of GBX 433.50 is below the current share price.
• Rotork reported quarterly earnings of GBX 7.40 per share, alongside a 21.48% return on equity and 15.75% net margin; analysts expect full-year EPS of GBX 16.46.

Rotork plc (LON:ROR - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 494 and last traded at GBX 492.60, with a volume of 14,932 shares traded. The stock had previously closed at GBX 492.20.

Wall Street Analysts Forecast Growth

Several analysts have commented on ROR shares. JPMorgan Chase & Co. lifted their price objective 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. Royal Bank Of Canada lowered shares of Rotork to a "sector perform" rating and increased their price objective for the stock from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. Finally, Peel Hunt reissued a "hold" rating and set a GBX 503 target price on shares of Rotork in a report on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Rotork currently has a consensus rating of "Moderate Buy" and an average price target of GBX 433.50.

Rotork Stock Up 0.1%

The stock has a market cap of £4.01 billion, a PE ratio of 33.28, a P/E/G ratio of 2.48 and a beta of 1.05. The business has a 50 day moving average price of GBX 487.33 and a 200 day moving average price of GBX 385.32. The company has a quick ratio of 2.16, a current ratio of 2.54 and a debt-to-equity ratio of 8.01.

Rotork (LON:ROR - Get Free Report) last announced its quarterly 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%. Equities research analysts expect that Rotork plc will post 16.46 EPS for the current fiscal year.

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.

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