Rotork (LON:ROR) Sets New 1-Year High - What's Next?

Key Points

• Rotork shares reached a new 52-week high of GBX 494 and last traded at GBX 493, valuing the company at approximately £4.02 billion.
• Analyst sentiment remains positive but cautious: four analysts rate the stock a Buy and three rate it a Hold, producing a “Moderate Buy” consensus. However, the average price target of GBX 433.50 is below the current share price.
• Rotork reported quarterly EPS of GBX 7.40, with 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)'s stock price hit a new 52-week high during trading on Monday. The stock traded as high as GBX 494 and last traded at GBX 493, with a volume of 347,614 shares changing hands. The stock had previously closed at GBX 492.94.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Peel Hunt reissued a "hold" rating and issued 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 objective for the stock from GBX 400 to GBX 503 in a research report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 433.50.

Rotork Stock Performance

The company has a debt-to-equity ratio of 8.01, a current ratio of 2.54 and a quick ratio of 2.16. The stock has a market capitalization of £4.02 billion, a P/E ratio of 33.31, a PEG ratio of 2.48 and a beta of 1.06. The stock's 50-day simple moving average is GBX 487.96 and its 200 day simple moving average is GBX 388.40.

Rotork (LON:ROR - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported GBX 7.40 EPS for the quarter. Rotork had a return on equity of 21.48% and a net margin of 15.75%. 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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