Rotork Share Discussion Threads

[philanderer] 12/10/2023 12:31

'Rotork has been featured in Hydrocarbon Engineering magazine, where we discuss the importance of efficient actuation for the LNG industry.'

[philanderer] 09/10/2023 10:25

Numis raises Rotork to 'buy' (hold) - price target 370 (335) pence

[nigelpm] 07/9/2023 22:35

Rotork make a huge number of pumps worldwide - it's a great business.

[philanderer] 04/9/2023 11:02

Walking over Hambleden Weir on the River Thames yesterday and noticed all the water pumps along the weir were made by Rotork :-)

[philanderer] 30/8/2023 09:59

Jefferies cuts Rotork price target to 365 (370) pence - 'buy'

[philanderer] 23/8/2023 14:30

Rotork was among the best performers after an upgrade of the flow-control manufacturer by Peel Hunt to 'buy'. The broker gave a price target for the stock of 380p, indicating significant upside from the current 294p level.

Sharecast.com

[philanderer] 09/8/2023 13:59

Peel Hunt: recent weakness at Rotork an opportunity


Recent weakness at industrial flow control equipment maker Rotork (ROR) has presented an opportunity, given its ‘really encouraging’ interim results released yesterday, said Peel Hunt analyst Harry Philips.

The Citywire Elite Company’s ‘Growth+’; ambition, which is designed to deliver high single-digit revenue growth and mid-20s% operating margins, is already delivering tangible acceleration in both revenue and margins underpinned by the order book, he said.

Pre-tax profits of £65.3m on sales of £334.7m with a margin of 19.5% beat Peel Hunt’s estimates of £61m, £320m and 19.1% respectively, with 17.2% organic revenue growth evenly spread across the divisions maintaining the first-quarter momentum, reflected in an 11.9% increase in the order book to £387m.

‘Our target price of 350p is based on the stock’s five-year average P/E [ratio] of 21x. We are increasingly confident that this will evolve as Growth+ delivers, with the balance sheet adding the potential for M&A catalysts. We maintain our Add rating for the time being, but it does feel increasingly conservative,’ Philips said.

The shares rose 0.6%, or 1.8p, to 297.6p on Tuesday.

citywire.com

[philanderer] 08/8/2023 12:01

Solid results.

[faz] 08/8/2023 08:11

It is, but it's a terrible UK market right now. The US market vs FTSE is no contest.

[our haven] 08/8/2023 07:29

Good results, should see a positive reaction from the market this morning IMO. This is a very well managed company from what I can see.

[philanderer] 17/7/2023 10:03

JPMorgan cuts Rotork to 'neutral' (overweight) - price target 330 (345) pence

[mortimer7] 07/7/2023 15:45

Looks like may have something after all....
Jefferies upped their target from 350p to 370p today & upgraded to Buy from Hold.

[mortimer7] 06/7/2023 16:28

Interims due 8th August. Desperately need something before then to stem the share price downward trend.

[faz] 19/5/2023 14:02

Nice and quiet and moving up. A couple of my other faves, Diploma being one, also getting their oomph back.

[our haven] 28/4/2023 08:53

Very good trading update. Should see upward trend for a good while IMO

[faz] 17/4/2023 08:57

SHare price moving up recently. Good to see. Any views?

[yellowstoneadvisory] 14/3/2023 10:09

If you missed the Rotork investor webinar last week with CEO Kiet Huynh and IR Director Andrew Carter there is a write up available here

[pogue] 10/3/2023 18:32

There are a lot of very large FEEDs going on just now for mainly gas projects this is where the design is scoped out and provisional orders for valves sent out for tender. I suggest there maybe more to come here when the orders are placed in the next stage which is detailed design. These FEEDs are upto a year long sometimes orders are placed in FEED if there are very long lead times but its risky as designs change.

[yellowstoneadvisory] 10/3/2023 14:46

If you missed the investor webinar with Kiet Huynh, CEO, and Andrew Carter, Investor Relations Director, when they presented the FY 22 results you can catch up here.

[yellowstoneadvisory] 09/3/2023 07:01

Kiet Huynh, CEO and Andrew Carter, Investor Relations Director, will conduct a live presentation to retail investors at 12pm today. Kiet and Andrew, will provide an update on Rotork’s full year performance.
Register here:

[faz] 05/3/2023 09:18

hxxps://www.yellowstoneadvisory.com/events Thursday midday 9 March Rotork

[philanderer] 01/3/2023 10:02

SocGen raises Rotork price target to 330 (295) pence - 'hold'

[pogue] 28/2/2023 19:33

lol yes always the same very predictable this market been through the cycle many times in the day job.

[cellars] 28/2/2023 18:56

looks like revenues are developing as Pogue thought they would|

[faz] 28/2/2023 09:40

Exactly, but it seems to be holding. Fair number of shares traded already.