Rotork (LON:ROR) had its price target raised by Berenberg Bank from GBX 280 ($3.66) to GBX 290 ($3.79) in a report issued on Thursday, Digital Look reports. They currently have a hold rating on the stock.
ROR has been the subject of a number of other reports. Jefferies Financial Group reissued a hold rating on shares of Rotork in a report on Wednesday, July 24th. UBS Group reissued a buy rating and issued a GBX 338 ($4.42) price target on shares of Rotork in a report on Tuesday, August 6th. Credit Suisse Group downgraded Rotork to an underperform rating in a report on Wednesday, July 3rd. JPMorgan Chase & Co. boosted their price target on Rotork from GBX 310 ($4.05) to GBX 330 ($4.31) and gave the company an overweight rating in a report on Wednesday, August 7th. Finally, Deutsche Bank reissued a hold rating on shares of Rotork in a report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 314.08 ($4.10).
Shares of LON:ROR opened at GBX 295.60 ($3.86) on Thursday. Rotork has a 12-month low of GBX 232.60 ($3.04) and a 12-month high of GBX 345.50 ($4.51). The company has a market capitalization of $2.58 billion and a PE ratio of 28.15. The business has a 50 day moving average of GBX 306.85 and a two-hundred day moving average of GBX 298.42. The company has a current ratio of 2.24, a quick ratio of 1.62 and a debt-to-equity ratio of 11.85.
Rotork (LON:ROR) last announced its quarterly earnings results on Tuesday, August 6th. The company reported GBX 5.80 ($0.08) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 5.30 ($0.07) by GBX 0.50 ($0.01). Equities research analysts predict that Rotork will post 1365.0001199 earnings per share for the current fiscal year.
The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be given a GBX 2.30 ($0.03) dividend. This represents a dividend yield of 0.74%. The ex-dividend date is Thursday, August 29th. Rotork’s dividend payout ratio (DPR) is presently 0.57%.
In other Rotork news, insider Jonathan Davis acquired 484 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was acquired at an average cost of GBX 297 ($3.88) per share, for a total transaction of £1,437.48 ($1,878.32).
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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