Rotork (LON:ROR) Insider Kiet Huynh Buys 47 Shares

Rotork plc (LON:ROR) insider Kiet Huynh bought 47 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was bought at an average cost of GBX 319 per share, with a total value of £149.93.

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

• On Tuesday, February 10th, Kiet Huynh acquired 40 shares of Rotork stock. The shares were purchased at an average price of GBX 371 per share, with a total value of £148.40.

Rotork Trading Down 1.4%

Shares of ROR stock traded down GBX 4.60 during trading on Wednesday, hitting GBX 313. 5,695,065 shares of the stock traded hands, compared to its average volume of 13,187,179. Rotork plc has a 52-week low of GBX 266.80 and a 52-week high of GBX 393.60. The firm has a market capitalization of £2.57 billion, a P/E ratio of 26.75, a price-to-earnings-growth ratio of 2.48 and a beta of 0.92. The firm’s fifty day moving average price is GBX 358.50 and its 200-day moving average price is GBX 344.97. The company has a debt-to-equity ratio of 4.20, a current ratio of 2.43 and a quick ratio of 2.16.

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 17.13% and a net margin of 13.10%. As a group, research analysts forecast that Rotork plc will post 16.4574899 earnings per share for the current fiscal year.

Rotork announced that its Board of Directors has initiated a share repurchase program on Wednesday, November 19th that allows the company to buyback 0 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ROR shares. Panmure Gordon increased their target price on shares of Rotork from GBX 360 to GBX 370 and gave the stock a “buy” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. upped their price objective on shares of Rotork from GBX 390 to GBX 420 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 397.

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.