Shore Capital Reaffirms "Hold" Rating for Rotork (LON:ROR)

Key Points

• Rotork's stock received a "hold" rating from Shore Capital, with an average rating of "Moderate Buy" and a consensus price target of GBX 392.50 ($5.22).
• Insider Svein Richard Brandtzæg purchased 5,500 shares at GBX 324 ($4.31) per share, indicating confidence in the company's prospects.
• The company's market capitalization is £2.80 billion, with a 12-month price range between GBX 266.80 ($3.55) and GBX 354.80 ($4.72).

Shore Capital reiterated their hold rating on shares of Rotork (LON:ROR - Free Report) in a research report released on Tuesday, Marketbeat Ratings reports.

ROR has been the topic of a number of other reports. Royal Bank Of Canada raised shares of Rotork to an "outperform" rating and set a GBX 370 ($4.98) target price on the stock in a research note on Tuesday, April 15th. Jefferies Financial Group restated a "buy" rating and issued a GBX 430 ($5.78) price objective on shares of Rotork in a report on Tuesday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Rotork presently has an average rating of "Moderate Buy" and a consensus target price of GBX 396.25 ($5.33).

Rotork Price Performance

ROR traded up GBX 0.80 ($0.01) on Tuesday, reaching GBX 338.40 ($4.55). The company had a trading volume of 1,907,670 shares, compared to its average volume of 5,358,135. The business has a 50 day simple moving average of GBX 324.06 and a 200 day simple moving average of GBX 318.70. The company has a market cap of £2.86 billion, a price-to-earnings ratio of 24.36, a P/E/G ratio of 2.48 and a beta of 0.96. The company has a debt-to-equity ratio of 1.97, a quick ratio of 2.16 and a current ratio of 3.21. Rotork has a 52-week low of GBX 266.80 ($3.59) and a 52-week high of GBX 354.80 ($4.77).

Rotork (LON:ROR - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported GBX 7.10 ($0.10) earnings per share for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. As a group, sell-side analysts anticipate that Rotork will post 16.4574899 EPS for the current year.

Insider Buying and Selling

In other news, insider Svein Richard Brandtzæg purchased 5,500 shares of the stock in a transaction that occurred on Friday, June 13th. The stock was bought at an average cost of GBX 324 ($4.36) per share, for a total transaction of £17,820 ($23,967.72). 0.52% of the stock is 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.