Roper Technologies Inc. (ROP)
Here's What Key Metrics Tell Us About Roper Technologies (ROP) Q2 Earnings
The headline numbers for Roper Technologies (ROP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Roper Technologies forecasts Q3 profit below estimates on weak enterprise spend
Software firm Roper Technologies forecast third-quarter profit below estimates on Wednesday, owing to weak spending and delayed contract renewals by its target industries.
Roper Technologies (ROP) Surpasses Q2 Earnings Estimates
Roper Technologies (ROP) came out with quarterly earnings of $4.48 per share, beating the Zacks Consensus Estimate of $4.46 per share. This compares to earnings of $4.12 per share a year ago.
Roper (ROP) Gears Up to Post Q2 Earnings: Is a Beat in Store?
Roper's (ROP) second-quarter earnings are expected to benefit from the robust performance of the Application Software, Network Software and Tech-enabled Products segments.
Roper Technologies (ROP) Reports Next Week: Wall Street Expects Earnings Growth
Roper Technologies (ROP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why Roper Technologies (ROP) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Roper Technologies: AI Exposure Can Drive Upside
Roper Technologies is well-positioned for growth with focus on generative AI, water management products, and M&A strategy. Margin growth is expected from AI monetization and cost-saving measures. Valuation can see an upside due to AI exposure.
Reasons Why You Should Hold Roper (ROP) in Your Portfolio Now
Roper (ROP) gains from solid momentum in its businesses, acquired assets and shareholder-friendly moves. However, rising operating costs and high long-term debt remain concerns.
3 Tech Stocks to Buy for Income and Growth: ROP, MU, GOOGL
For those interested in obtaining a blend of income and growth, Roper Technologies, Micron Technology, and Alphabet fit the criteria nicely.
Reasons Why Roper (ROP) Deserves to be in Your Portfolio Now
Roper (ROP) stands to benefit from strength in its Application Software and Network Software units, acquisitions and shareholder-friendly policies.
Is Roper Technologies (ROP) a Solid Growth Stock? 3 Reasons to Think "Yes"
Roper Technologies (ROP) possesses solid growth attributes, which could help it handily outperform the market.
Panagora Asset Management Inc. Cuts Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)
Panagora Asset Management Inc. reduced its stake in Roper Technologies, Inc. (NYSE:ROP – Free Report) by 4.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,779 shares of the industrial products company’s stock after selling 261 shares during the quarter. Panagora Asset Management Inc.’s holdings in Roper Technologies were worth $3,151,000 as of its most recent SEC filing. Other large investors have also bought and sold shares of the company. Haverford Trust Co grew its position in Roper Technologies by 20.8% during the fourth quarter. Haverford Trust Co now owns 910 shares of the industrial products company’s stock valued at $496,000 after buying an additional 157 shares during the period. Jag Capital Management LLC bought a new position in shares of Roper Technologies during the 4th quarter valued at approximately $6,944,000. Guardian Capital LP increased its stake in shares of Roper Technologies by 1.3% during the 4th quarter. Guardian Capital LP now owns 5,208 shares of the industrial products company’s stock worth $2,839,000 after purchasing an additional 68 shares during the last quarter. CCLA Investment Management raised its holdings in shares of Roper Technologies by 0.6% in the 4th quarter. CCLA Investment Management now owns 237,567 shares of the industrial products company’s stock worth $129,731,000 after purchasing an additional 1,475 shares during the period. Finally, Torray Investment Partners LLC bought a new position in Roper Technologies during the fourth quarter valued at $224,000. 93.31% of the stock is currently owned by institutional investors. Roper Technologies Price Performance Shares of NYSE ROP opened at $541.89 on Monday. The stock’s 50-day simple moving average is $537.60 and its two-hundred day simple moving average is $537.38. Roper Technologies, Inc. has a twelve month low of $441.06 and a twelve month high of $565.00. The firm has a market capitalization of $58.00 billion, a P/E ratio of 31.47, a P/E/G ratio of 2.84 and a beta of 1.00. The company has a quick ratio of 0.45, a current ratio of 0.49 and a debt-to-equity ratio of 0.41. Roper Technologies (NYSE:ROP – Get Free Report) last posted its quarterly earnings data on Friday, April 26th. The industrial products company reported $4.41 earnings per share for the quarter, topping the consensus estimate of $4.34 by $0.07. Roper Technologies had a net margin of 23.21% and a return on equity of 10.75%. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the business earned $3.90 earnings per share. Roper Technologies’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, equities analysts anticipate that Roper Technologies, Inc. will post 18.15 EPS for the current fiscal year. Roper Technologies Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, April 22nd. Investors of record on Friday, April 5th were given a $0.75 dividend. The ex-dividend date was Thursday, April 4th. This represents a $3.00 annualized dividend and a yield of 0.55%. Roper Technologies’s dividend payout ratio (DPR) is presently 21.77%. Insider Activity at Roper Technologies In other news, Director Christopher Wright sold 200 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $549.71, for a total transaction of $109,942.00. Following the transaction, the director now directly owns 35,547 shares in the company, valued at approximately $19,540,541.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.87% of the stock is owned by insiders. Analyst Upgrades and Downgrades Several analysts have issued reports on ROP shares. Royal Bank of Canada lowered their target price on Roper Technologies from $696.00 to $680.00 and set an “outperform” rating on the stock in a research note on Monday, April 29th. Barclays boosted their price target on shares of Roper Technologies from $596.00 to $600.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Oppenheimer reiterated an “outperform” rating and issued a $650.00 price objective on shares of Roper Technologies in a research note on Monday, April 29th. Raymond James boosted their target price on shares of Roper Technologies from $572.00 to $620.00 and gave the company a “strong-buy” rating in a report on Friday, February 2nd. Finally, Wells Fargo & Company lifted their price target on Roper Technologies from $560.00 to $615.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $584.82. Check Out Our Latest Research Report on Roper Technologies Roper Technologies Company Profile (Free Report) Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.
