Kiet Huynh Purchases 40 Shares of Rotork (LON:ROR) Stock

Rotork plc (LON:ROR) insider Kiet Huynh acquired 40 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was acquired at an average price of GBX 371 per share, for a total transaction 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 shares were acquired at an average price of GBX 327 per share, with a total value of £147.15.

Rotork Stock Performance

Shares of ROR opened at GBX 377.13 on Friday. The stock has a 50 day moving average price of GBX 341.02 and a 200 day moving average price of GBX 340.02. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 1.97. The company has a market capitalization of £3.10 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. Rotork plc has a 52-week low of GBX 266.80 and a 52-week high of GBX 379.

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

Analysts Set New Price Targets

ROR has been the topic of several research analyst reports. Panmure Gordon lifted their price target 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 company an “overweight” rating in a research note on Thursday, December 4th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.