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

Rotork plc (LON:ROR) insider Kiet Huynh acquired 49 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average price of GBX 303 per share, with a total value of £148.47.

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

• On Monday, May 11th, Kiet Huynh bought 49 shares of Rotork stock. The shares were acquired at an average cost of £150.05 per share, with a total value of £7,352.45.
• On Friday, April 10th, Kiet Huynh bought 45 shares of Rotork stock. The shares were acquired at an average cost of GBX 336 per share, with a total value of £151.20.

Rotork Price Performance

LON ROR opened at GBX 301.80 on Thursday. The business has a 50 day simple moving average of GBX 315.57 and a 200 day simple moving average of GBX 333.20. Rotork plc has a 52-week low of GBX 294.40 and a 52-week high of GBX 393.60. The company has a debt-to-equity ratio of 7.69, a quick ratio of 2.16 and a current ratio of 2.50. The stock has a market cap of £2.46 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 2.48 and a beta of 0.98.

Rotork (LON:ROR) last posted its 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%. Analysts anticipate that Rotork plc will post 16.4574899 earnings per share for the current fiscal year.

Analyst Ratings Changes

ROR has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price target on Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Berenberg Bank reduced 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. Shore Capital Group raised Rotork to a “hold” rating in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 400 price target on shares of Rotork in a research note on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 402.

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.