Rotork (LON:ROR) Reaches New 12-Month High – What’s Next?

Shares of Rotork plc (LON:ROR) reached a new 52-week high during trading on Tuesday. The stock traded as high as GBX 494 and last traded at GBX 492.60, with a volume of 14,932 shares changing hands. The stock had previously closed at GBX 492.20.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Rotork from GBX 390 to GBX 405 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Royal Bank Of Canada lowered shares of Rotork to a “sector perform” rating and increased their target price for the stock from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. Finally, Peel Hunt reissued a “hold” rating and set a GBX 503 target price on shares of Rotork in a research note on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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 firm has a fifty day simple moving average of GBX 487.33 and a 200 day simple moving average of GBX 385.32. The company has a market capitalization of £4.01 billion, a price-to-earnings ratio of 33.28, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05.

Rotork (LON:ROR) last posted its quarterly earnings data 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%. On average, analysts anticipate that Rotork plc will post 16.46 earnings per share 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.