Rotork (LON:ROR) Hits New 52-Week High - Still a Buy?

Key Points

• Rotork reached a new 52-week high of GBX 489.20, with a market capitalization of approximately £3.97 billion. The shares trade at a P/E ratio of 35.59 and are well above their 50-day and 200-day moving averages.
• Analyst sentiment remains positive but mixed: four analysts rate Rotork a Buy and three rate it a Hold, producing a “Moderate Buy” consensus. The average price target is GBX 433.50, below the current share price.
• Rotork reported quarterly EPS of GBX 7.40, a 15.75% net margin and a 21.48% return on equity. Insiders have also purchased shares in recent months, though insider ownership remains low at 0.35%.

Rotork plc (LON:ROR - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 489.20 and last traded at GBX 488.20, with a volume of 1823160 shares trading hands. The stock had previously closed at GBX 487.80.

Wall Street Analyst Weigh In

Several research analysts have commented on ROR shares. Royal Bank Of Canada downgraded shares of Rotork to a "sector perform" rating and increased their price objective for the company from GBX 400 to GBX 503 in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on Rotork from GBX 390 to GBX 405 and gave the stock an "overweight" rating in a report on Wednesday, July 1st. Shore Capital Group upgraded Rotork to a "hold" rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 400 price target on shares of Rotork in a research note on Tuesday, May 5th. Finally, Peel Hunt restated a "hold" rating and set a GBX 503 price target on shares of Rotork in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 433.50.

Rotork Trading Down 0.0%

The company has a market cap of £3.97 billion, a PE ratio of 35.59, a P/E/G ratio of 2.48 and a beta of 0.98. The stock's 50 day moving average is GBX 361.40 and its 200-day moving average is GBX 345.30. 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 released 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%. As a group, sell-side analysts anticipate that Rotork plc will post 16.4574899 EPS for the current year.

Insider Activity

In other Rotork news, insider Kiet Huynh purchased 49 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of £150.05 per share, with a total value of £7,352.45. In the last 90 days, insiders have bought 149 shares of company stock worth $765,137. 0.35% of the stock is currently owned by corporate insiders.

About Rotork

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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