Rotork (LON:ROR) Insider Kiet Huynh Buys 40 Shares

Rotork plc (LON:ROR) insider Kiet Huynh acquired 40 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were acquired at an average price of GBX 371 per share, with a total value of £148.40.

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

• On Wednesday, December 10th, Kiet Huynh bought 45 shares of Rotork stock. The stock was acquired at an average price of GBX 327 per share, for a total transaction of £147.15.

Rotork Stock Up 0.3%

Shares of ROR opened at GBX 375.19 on Thursday. The firm has a fifty day moving average price of GBX 340.35 and a 200-day moving average price of GBX 339.76. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of £3.09 billion, a P/E ratio of 32.07, a P/E/G ratio of 2.48 and a beta of 0.96. Rotork plc has a 12-month low of GBX 266.80 and a 12-month high of GBX 378.80.

Rotork declared that its Board of Directors has initiated a stock repurchase program on Wednesday, November 19th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ROR. Panmure Gordon raised their price target on Rotork from GBX 360 to GBX 370 and gave the company a “buy” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. upped their price objective on Rotork from GBX 390 to GBX 420 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 397.

About Rotork

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.