Rotork Share Discussion Threads

[philanderer] 17/4/2024 10:31

xd tomorrow for the 4.65p dividend

[faz] 13/4/2024 09:47

THere's no doubt the CEO and Board are trying to push the company with PIs, but in ten years the share price has been 10% either side of 300. We might get a break out this year if the general market decides the bear market is over.

[philanderer] 10/4/2024 00:08

red, indeed , it's edging up nicely though. I popped a few more into the new ISA yesterday.

[philanderer] 09/4/2024 18:01

faz, I thought it was taking off there after lunch, but all the way down again unfortunately.

[faz] 09/4/2024 13:34

up and away!

[yellowstoneadvisory] 27/3/2024 07:46

Private Investor Webinar today at 12pm

Mgmt remain confident of delivering mid-to-high single digit sales growth and mid-20s adjusted op margins over time

CEO and IR will present at webinar for private investors on 27/3 at 12pm Register here

[philanderer] 25/3/2024 17:38

And down we go.. 1.8 million shares traded , big seller(s) about

[philanderer] 18/3/2024 15:49

Yes, they have to announce . Not started yet.

[faz] 18/3/2024 13:28

I presume they have to declare when they buy back shares but they havent made any such declarations yet, sop looks like they havent started. Is that right?

[philanderer] 12/3/2024 14:10

HSBC analyst Stephan Klepp raised the price target on Rotork plc (ROR:LN) (OTC: RTOXY) to GBP3.35 (from GBP3.25) while maintaining a Hold rating

[philanderer] 07/3/2024 15:59

Rotork primed for sustainable growth, says Berenberg


Engineer Rotork (ROR) reported another year of strong results, proving it’s ready for a consistent period of sustainable growth, says Berenberg.

Analyst Calum Battersby reiterated his ‘buy’ recommendation and target price of 370p on the Citywire Elite Companies plus-rated stock, which fell 0.6% to 325.8p on Wednesday despite full-year 2023 results ‘showing another year of strong growth’.

Battersby said the results supported his investment case that ‘it is finally primed for a consistent period of sustainable, consistent organic growth’.

The second half of the year enjoyed double-digit organic growth with the highest margins achieved by the company in a decade as all divisions grew year-on-year.

‘This is all that we expected from Rotork, and with the combination of a cyclically better outlook in oil and gas, significant opportunities to reduce upstream methane emissions, a structurally improved business mix, a much clearer growth strategy, and the flexibility of a strong balance sheet, we believe Rotork can continue to deliver good earnings and total returns for shareholders over the coming years,’ he said.


citywire.com

[philanderer] 06/3/2024 10:20

UBS cuts Rotork price target to 400 (420) pence - 'buy'

[yellowstoneadvisory] 05/3/2024 16:19

Another excellent set of results from Rotork

Mgmt remain confident of delivering mid-to-high single digit sales growth and mid-20s adjusted op margins over time

CEO and IR will present at webinar for private investors on 27/3 at 12pm Register here

[philanderer] 05/3/2024 10:44

Excellent. Have added a few.

[faz] 05/3/2024 09:59

What a good presentation. I am a long term investor; I now hope the share buy back provides the platform to re-rate the share price. Seems to be in progress anwyay

[our haven] 05/3/2024 09:46

Very good indeed Faz

[faz] 05/3/2024 07:59

share buy back , strong results, investor pres at 09.00. All looks very good.

[our haven] 04/3/2024 16:39

Looking good for tomorrow with that close

[philanderer] 03/3/2024 19:20

Results tuesday

[philanderer] 09/2/2024 00:27

'Solutions and transition stocks are top picks for ESG investors in 2024, says bank'


.....Transitioning and high-impact, high-carbon companies such as Rotork PLC (LSE:ROR), DCC PLC (LSE:DCC) and steel dust recycler Befesa are highlighted as potential transition beneficiaries.


proactiveinvestors.co.uk

[philanderer] 31/1/2024 17:28

Rotork plc (ROR:LN) PT Raised to GBP4.15 at Jefferies

January 31, 2024 10:27 AM EST


Jefferies analyst Andy Douglas

[philanderer] 30/1/2024 12:17

That's a smart jump :-O

[philanderer] 29/1/2024 14:34

Outlook finally improving for IMI and Rotork, says Berenberg


Berenberg has upgraded its rating for engineering group IMI from 'hold' to 'buy', but has named peer Rotork as its top pick in the sector.

Both IMI and Rotork should be considered "some of the highest-quality businesses in the UK industrials sector, as seen by their margins and returns," Berenberg said in a research note on Monday.

However, both stocks have delivered underwhelming performances over the last decade, driven by minimal-to-negative organic growth, the broker said. Over the decade to 2022, Rotork's organic growth averaged out at -0.4% per annum, while IMI grew by just 0.2% per annum – significantly underperforming the wider sector.

"Fortunately, we believe this prolonged period of underperformance has passed, and that both IMI and Rotork finally look set to deliver a consistent period of top-line growth while maintaining their sector-leading margin and returns profiles."

The broker said that both companies should benefit from a combination of "supportive cyclical tailwinds" like improving global energy markets, trends like automation, electrification and investments into emission reductions, as well as significantly improved business mixes versus their recent history.

"We believe that the outlook has finally improved. The oil and gas market is set for a significant catchup investment period after years of undersupply. Both companies have improved their weighting to higher-growth end-markets, while increasingly benefiting from automation and electrification trends. We believe that both will deliver mid-single-digit organic growth over our forecast period, with Rotork potentially ahead of this level."

Rotork currently trades at 20 times earnings, while IMI trades at just 13 times.

Berenberg has raised its target price for IMI from 1,605p to 1,950p but cut its target for Rotork's shares from 420p to 370p.


Sharecast.com

[philanderer] 29/1/2024 10:57

Here's the culprit..


Berenberg cuts Rotork price target to 370 (420) pence - 'buy'