Jefferies Group Analysts Increase Earnings Estimates for ROTORK (RTOXY)
ROTORK (OTCMKTS:RTOXY) – Analysts at Jefferies Group boosted their FY2017 EPS estimates for ROTORK in a report released on Thursday. Jefferies Group analyst A. Douglas now expects that the company will post earnings of $0.62 per share for the year, up from their previous estimate of $0.55. Jefferies Group also issued estimates for ROTORK’s FY2018 earnings at $0.62 EPS.
Separately, Zacks Investment Research downgraded shares of ROTORK from a “buy” rating to a “hold” rating in a report on Saturday, December 30th.
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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