Rotork (LON:ROR) Reaches New 1-Year High – Here’s What Happened

Rotork plc (LON:ROR) hit a new 52-week high during trading on Friday. The stock traded as high as GBX 489.20 and last traded at GBX 488.80, with a volume of 2472618 shares. The stock had previously closed at GBX 488.40.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ROR. Peel Hunt reaffirmed a “hold” rating and set a GBX 503 price objective on shares of Rotork in a report on Tuesday, August 4th. JPMorgan Chase & Co. upped their price target on shares of Rotork from GBX 390 to GBX 405 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Royal Bank Of Canada lowered shares of Rotork to a “sector perform” rating and raised their price target for the company from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Rotork presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 433.50.

Rotork Price Performance

The firm has a market cap of £3.98 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05. 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’s fifty day moving average price is GBX 485.63 and its 200-day moving average price is GBX 379.73.

Rotork (LON:ROR) 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, equities analysts expect that Rotork plc will post 16.4574899 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.