Rotork (LON:ROR) Issues Earnings Results

Key Points

• Rotork reported **GBX 7.10** ($0.09) earnings per share for the quarter, with a **return on equity of 19.42%** and a **net margin of 15.98%**.
• Insider Svein Richard Brandtzæg purchased **5,500 shares** at an average price of **GBX 324** ($4.31), totaling a transaction of **£17,820** ($23,684.21).
• Analyst ratings for Rotork include a **"buy"** rating from Jefferies Financial Group and an **"outperform"** rating from Royal Bank of Canada, with a consensus target price of **GBX 392.50** ($5.22).

Rotork (LON:ROR - Get Free Report) announced its earnings results on Tuesday. The company reported GBX 7.10 ($0.10) earnings per share for the quarter, Digital Look Earnings reports. Rotork had a net margin of 15.98% and a return on equity of 19.42%.

Rotork Stock Up 0.9%

Shares of ROR traded up GBX 2.92 ($0.04) during mid-day trading on Thursday, reaching GBX 337.12 ($4.53). The company had a trading volume of 1,388,674 shares, compared to its average volume of 5,380,836. Rotork has a 52 week low of GBX 266.80 ($3.59) and a 52 week high of GBX 354.80 ($4.77). The company has a debt-to-equity ratio of 1.97, a quick ratio of 2.16 and a current ratio of 3.21. The company has a market capitalization of £2.85 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The firm has a 50-day moving average price of GBX 323.59 and a 200 day moving average price of GBX 318.66.

Analyst Ratings Changes

Several research firms have weighed in on ROR. Shore Capital reaffirmed a "hold" rating on shares of Rotork in a research report on Tuesday. Jefferies Financial Group restated a "buy" rating and issued a GBX 430 ($5.78) target price on shares of Rotork in a research note on Tuesday. Royal Bank Of Canada raised Rotork to an "outperform" rating and set a GBX 370 ($4.98) price target on the stock in a research note on Tuesday, April 15th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 395 ($5.31) price objective on shares of Rotork in a research report on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Rotork has an average rating of "Moderate Buy" and a consensus target price of GBX 396.25 ($5.33).

Insiders Place Their Bets

In related news, insider Svein Richard Brandtzæg bought 5,500 shares of the company's stock in a transaction on Friday, June 13th. The shares were acquired at an average cost of GBX 324 ($4.36) per share, with a total value of £17,820 ($23,964.50). 0.52% of the stock is currently owned by company insiders.

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.