Robbins & Myers, Inc. and its subsidiaries supply engineered equipment and systems for various applications in energy, industrial, chemical, and pharmaceutical markets worldwide. The company operates in three segments: Fluid Management, Process Solutions, and Romaco. The Fluid Management segment designs, manufactures, and markets equipment and systems used in oil and gas exploration and recovery, specialty chemical, wastewater treatment, and various other industrial applications. Its products and systems include hydraulic drilling power sections; down-hole and industrial progressing cavity pumps and related products, such as grinders for applications involving the flow of viscous, abrasive, and solid-laden slurries and sludge; and a line of ancillary equipment, including rod guides, rod and tubing rotators, wellhead systems, pipeline closure products, and valves. The Process Solutions segment designs, manufactures, and services glass-lined reactors and storage vessels, fluid-agitation equipment and systems, thermal fluid systems and fluoropolymer-lined fittings, and vessels and accessories primarily for the pharmaceutical and fine chemical markets. The Romaco segment designs, manufactures, and markets packaging and secondary processing equipment for the pharmaceutical, healthcare, nutriceutical, food, and cosmetic industries. Its packaging applications include dosing, filling, and sealing of vials, capsules, tubes, bottles, and blisters, as well as customized packaging. Robbins & Myers sells its products and systems through direct sales force, distributors, manufacturer representatives, and third party distributors, as well as through service centers. The company was founded in 1878 and is based in Dayton, Ohio.
Analysts' Recommendation: | Hold |
| 30 Days Ago: | Hold |
|
| Analysts' Target: | $77 |
| Analysts' Targets |
| BB & T Capital Markets | $80 |
| Buy |
Tuesday, February 26, 2008 |
| Robert W. Baird & Co. | $80 |
| Hold |
Thursday, January 10, 2008 |
| Friedman, Billings, Ramsey & C | $70 |
| Outperform |
Thursday, January 10, 2008 |