Insider Buying: Rotork (LON:ROR) Insider Purchases £7,352.45 in Stock

Rotork plc (LON:ROR) insider Kiet Huynh purchased 49 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were acquired at an average cost of £150.05 per share, with a total value 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 price of GBX 336 per share, with a total value of £151.20.
• On Tuesday, March 10th, Kiet Huynh acquired 47 shares of Rotork stock. The stock was bought at an average price of GBX 319 per share, with a total value of £149.93.

Rotork Stock Performance

LON:ROR traded down GBX 5 during mid-day trading on Tuesday, reaching GBX 302.60. 793,256 shares of the stock were exchanged, compared to its average volume of 13,323,081. The company has a 50 day simple moving average of GBX 327.37 and a 200-day simple moving average of GBX 338.44. The stock has a market capitalization of £2.47 billion, a P/E ratio of 22.09, a P/E/G 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. Rotork plc has a 1 year low of GBX 297.80 and a 1 year high of GBX 393.60.

Rotork (LON:ROR) last posted its quarterly earnings data on Tuesday, March 10th. The company reported GBX 17 EPS for the quarter. Rotork had a net margin of 14.85% and a return on equity of 20.10%. Analysts anticipate that Rotork plc will post 16.4574899 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. JPMorgan Chase & Co. decreased their price objective on Rotork from GBX 420 to GBX 390 and set an “overweight” rating for the company in a research report on Wednesday, March 11th. Berenberg Bank cut their price target on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a research note on Wednesday, March 11th. Shore Capital Group raised Rotork to a “hold” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 400 price objective on shares of Rotork in a research report on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Rotork presently has an average rating of “Moderate Buy” and a consensus target price 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.