Media stories about Roper Technologies (NYSE:ROP) have been trending somewhat positive on Thursday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Roper Technologies earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 45.8777943203281 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Contravisory Investment Management, Inc. Sells A Little More Roper Technologies, Inc. (ROP) Stock – First News 24 (firstnewspaper24.com)
- Cowen and Company Reiterates “Buy” Rating for Roper Technologies, Inc. (ROP) (americanbankingnews.com)
- 6 Machinery Stocks Poised to Beat Estimates in Q3 Earnings – Nasdaq (nasdaq.com)
- Roper Technologies Schedules Third Quarter 2017 Financial Results Conference Call – GlobeNewswire (press release) (globenewswire.com)
- DAT Freight Index Hits All-Time High in September; Tight Capacity Sends Spot Rates to Their Highest Point Since December 2014 (finance.yahoo.com)
Several research firms have recently weighed in on ROP. Cowen and Company reissued a “buy” rating and issued a $250.00 price objective on shares of Roper Technologies in a report on Thursday, October 12th. Stifel Nicolaus reissued a “buy” rating and issued a $242.00 price objective on shares of Roper Technologies in a report on Friday, July 7th. Oppenheimer Holdings, Inc. increased their price objective on Roper Technologies from $250.00 to $257.00 and gave the company an “outperform” rating in a report on Tuesday, August 1st. J P Morgan Chase & Co raised Roper Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $223.00 to $275.00 in a report on Wednesday, September 20th. Finally, BidaskClub downgraded Roper Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $244.17.
Shares of Roper Technologies (ROP) opened at 250.23 on Thursday. Roper Technologies has a 52-week low of $167.50 and a 52-week high of $253.16. The company’s 50-day moving average price is $242.47 and its 200-day moving average price is $230.24. The stock has a market cap of $25.58 billion, a PE ratio of 37.47 and a beta of 1.04.
Roper Technologies (NYSE:ROP) last issued its earnings results on Monday, July 31st. The industrial products company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.02. Roper Technologies had a return on equity of 13.66% and a net margin of 16.44%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the company posted $1.56 earnings per share. The business’s quarterly revenue was up 23.2% compared to the same quarter last year. Analysts expect that Roper Technologies will post $9.28 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, October 6th will be paid a $0.35 dividend. The ex-dividend date is Thursday, October 5th. This represents a $1.40 dividend on an annualized basis and a yield of 0.56%. Roper Technologies’s dividend payout ratio (DPR) is currently 20.96%.
In other news, Director Christopher Wright sold 500 shares of the company’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $237.04, for a total transaction of $118,520.00. Following the completion of the sale, the director now owns 64,604 shares in the company, valued at approximately $15,313,732.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Wilbur J. Prezzano sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $235.80, for a total value of $471,600.00. Following the sale, the director now owns 22,000 shares of the company’s stock, valued at approximately $5,187,600. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,500 shares of company stock valued at $2,754,530. 2.50% of the stock is currently owned by corporate insiders.
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Roper Technologies Company Profile
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