Rotork (LON:ROR) Hits New 1-Year High – What’s Next?

Rotork plc (LON:ROR)’s share price hit a new 52-week high during trading on Monday. The company traded as high as GBX 494 and last traded at GBX 493, with a volume of 347,614 shares changing hands. The stock had previously closed at GBX 492.94.

Wall Street Analyst Weigh In

ROR has been the topic of a number of recent research reports. Peel Hunt reaffirmed a “hold” rating and issued a GBX 503 target price on shares of Rotork in a research report on Tuesday, August 4th. Royal Bank Of Canada downgraded shares of Rotork to a “sector perform” rating and lifted their target price for the stock from GBX 400 to GBX 503 in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Rotork presently has an average rating of “Moderate Buy” and a consensus price target of GBX 433.50.

Rotork Stock Down 0.0%

The stock has a 50-day moving average of GBX 488.27 and a 200 day moving average of GBX 389.99. The company has a market cap of £4.02 billion, a P/E ratio of 33.36, a PEG ratio of 2.48 and a beta of 1.06. The company has a debt-to-equity ratio of 8.01, a current ratio of 2.54 and a quick ratio of 2.16.

Rotork (LON:ROR) last issued its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.40 earnings per share for the quarter. Rotork had a net margin of 15.75% and a return on equity of 21.48%. Research analysts anticipate that Rotork plc will post 16.46 earnings per share for the current year.

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.