You are here

Prices & Quotes - UK Markets - Rotork (ROR)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 319.40p
Change Today:
0.60p
Market Cap:
2,787.60m
Sector:
Industrial Engineering

Citi hikes target on Rotork, says 2021 estimates were 'too punitive'

By Alexander Bueso

Date: Thursday 06 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Citi analysts revised their target price for shares of flow control specialist Rotork's shares, telling clients that they had been far too harsh when it came to their estimates for the following year.
Previously, they had anticipated a 7.4% drop in 2021, versus the 3% growth they were now penciling.

Hence, their earnings per share estimate was bumped up by 26% for next year and that for 2022 by 6%.

In turn, those estimate revisions led them to raise their target price for the stock from 270p to 345p.

For the back half of 2020 on the other hand they anticipating a 7.5% year-on-year decline in organic sales.

"COVID uncertainty remains but Asia-Pacific downstream Oil & Gas is showing encouraging signs while we expect Water & Power to register [revenue] growth again," they said.

However, drop-through in the six months to the end of 2020 was seen worsening to -33%.

"1H20 drop-through was 17%, but we see some of the cost resilience that benefited the 1H20 result dissipating in 2H20," Citi explained.

Regarding the shares' relative valuation, Citi said they were changing hands on an estimated enterprise value-to-earnings before interest, taxes, depreciation and amortisatiion multiple of 17.5.

Citi stayed at a 'buy' recommendation for the shares.



Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Rotork Market Data

Currency UK Pounds
Price 319.40p
Change Today 0.60p
52 Week High 341.20p
52 Week Low 191.30p
Volume 346,779
Shares Issued 872.76m
Market Cap 2,787.60m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Income
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 8
Sell 1
Strong Sell 3
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rotork Dividends

  Latest Previous
  Interim Final
Ex-Div 20-Aug-20 n/a
Paid 25-Sep-20 n/a
Amount 3.90p 0.000p

Trades for 21-Oct-2020

Time Volume / Share Price
14:07 2,765 @ 319.40p
14:07 192 @ 319.40p
14:07 241 @ 319.40p
14:07 135 @ 319.40p
14:07 242 @ 319.40p

Rotork Key Personnel

CEO Kevin Hostetler