Insider Buying: Rotork (LON:ROR) Insider Acquires 49 Shares of Stock

Rotork plc (LON:ROR) insider Kiet Huynh bought 49 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of £150.05 per share, for a total transaction of £7,352.45.

Kiet Huynh also recently made the following trade(s):

• On Friday, April 10th, Kiet Huynh bought 45 shares of Rotork stock. The stock was bought at an average cost of GBX 336 per share, with a total value of £151.20.
• On Tuesday, March 10th, Kiet Huynh purchased 47 shares of Rotork stock. The shares were bought at an average price of GBX 319 per share, with a total value of £149.93.

Rotork Price Performance

Shares of ROR traded down GBX 5 on Tuesday, reaching GBX 302.60. The stock had a trading volume of 793,256 shares, compared to its average volume of 13,323,081. The firm has a market capitalization of £2.47 billion, a PE ratio of 22.09, a PEG ratio of 2.48 and a beta of 0.97. The company has a quick ratio of 2.16, a current ratio of 2.50 and a debt-to-equity ratio of 7.69. The firm has a 50-day moving average of GBX 327.37 and a 200 day moving average of GBX 338.44. Rotork plc has a twelve month low of GBX 297.80 and a twelve month high of GBX 393.60.

Rotork (LON:ROR) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 17 earnings per share (EPS) for the quarter. Rotork had a return on equity of 20.10% and a net margin of 14.85%. Sell-side analysts expect that Rotork plc will post 16.4574899 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ROR. Berenberg Bank lowered their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 400 target price on shares of Rotork in a research report on Tuesday, May 5th. Shore Capital Group raised Rotork to a “hold” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Rotork from GBX 420 to GBX 390 and set an “overweight” rating for the company in a research note on Wednesday, March 11th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rotork currently has an average rating of “Moderate Buy” and a consensus price target of GBX 402.

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.