Rotork (LON:ROR) Earns “Buy” Rating from UBS Group

UBS Group reaffirmed their buy rating on shares of Rotork (LON:ROR) in a report published on Tuesday morning, Digital Look reports. They currently have a GBX 338 ($4.42) price objective on the stock.

Several other brokerages have also weighed in on ROR. Peel Hunt reissued a buy rating on shares of Rotork in a report on Tuesday. Jefferies Financial Group reissued a hold rating on shares of Rotork in a report on Wednesday, July 24th. Morgan Stanley reissued an equal weight rating on shares of Rotork in a report on Thursday, July 11th. Deutsche Bank boosted their price objective on Rotork from GBX 250 ($3.27) to GBX 295 ($3.85) and gave the company a hold rating in a report on Friday, June 14th. Finally, Berenberg Bank started coverage on Rotork in a report on Thursday, May 16th. They issued a hold rating and a GBX 280 ($3.66) price objective for the company. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 313.31 ($4.09).

Shares of Rotork stock opened at GBX 309.60 ($4.05) on Tuesday. The company has a debt-to-equity ratio of 11.85, a quick ratio of 1.62 and a current ratio of 2.24. The company has a market capitalization of $2.70 billion and a price-to-earnings ratio of 29.49. Rotork has a fifty-two week low of GBX 232.60 ($3.04) and a fifty-two week high of GBX 351 ($4.59). The company has a 50-day moving average price of GBX 308.35.

Rotork (LON:ROR) last announced its quarterly earnings data on Tuesday, August 6th. The company reported GBX 5.80 ($0.08) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 5.30 ($0.07) by GBX 0.50 ($0.01). On average, equities analysts anticipate that Rotork will post 1364.9999108 EPS for the current year.

The business also recently announced a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be issued a dividend of GBX 2.30 ($0.03) per share. 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 related news, insider Jonathan Davis bought 484 shares of the stock in a transaction dated Tuesday, May 21st. The stock was bought at an average cost of GBX 297 ($3.88) per share, with a total value of £1,437.48 ($1,878.32).

About Rotork

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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Analyst Recommendations for Rotork (LON:ROR)

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