Media stories about Roper Technologies (NYSE:ROP) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Roper Technologies earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.2213645755478 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
ROP has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $309.00 price target for the company in a research report on Monday, January 22nd. Wells Fargo set a $310.00 price target on shares of Roper Technologies and gave the company a “buy” rating in a research report on Thursday, January 18th. Stifel Nicolaus restated a “buy” rating and set a $330.00 price target on shares of Roper Technologies in a research report on Monday, February 5th. Cowen restated a “buy” rating and set a $310.00 price target on shares of Roper Technologies in a research report on Tuesday, March 6th. Finally, Barclays initiated coverage on shares of Roper Technologies in a research report on Thursday, February 15th. They set an “equal weight” rating and a $285.00 price target for the company. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Roper Technologies presently has an average rating of “Buy” and a consensus target price of $298.58.
Roper Technologies (ROP) traded up $5.13 during trading on Tuesday, hitting $288.97. 503,021 shares of the stock were exchanged, compared to its average volume of 468,583. The company has a current ratio of 0.87, a quick ratio of 0.77 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $29,477.27, a price-to-earnings ratio of 30.81, a P/E/G ratio of 2.10 and a beta of 1.06. Roper Technologies has a one year low of $203.50 and a one year high of $290.42.
Roper Technologies (NYSE:ROP) last posted its earnings results on Friday, February 2nd. The industrial products company reported $2.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.61 by $0.09. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.24 billion. Roper Technologies had a net margin of 21.09% and a return on equity of 15.28%. Roper Technologies’s revenue for the quarter was up 21.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 earnings per share. sell-side analysts anticipate that Roper Technologies will post 11.07 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 23rd. Stockholders of record on Monday, April 9th will be issued a dividend of $0.4125 per share. The ex-dividend date is Friday, April 6th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 0.57%. Roper Technologies’s dividend payout ratio is currently 17.59%.
In other Roper Technologies news, CEO Brian D. Jellison sold 215,411 shares of the firm’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $277.22, for a total value of $59,716,237.42. Following the completion of the sale, the chief executive officer now directly owns 1,564,778 shares in the company, valued at $433,787,757.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard F. Wallman acquired 500 shares of the stock in a transaction on Monday, March 12th. The stock was bought at an average price of $282.59 per share, with a total value of $141,295.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 440,326 shares of company stock valued at $120,612,905. 2.50% of the stock is currently owned by company insiders.
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Roper Technologies Company Profile
Roper Technologies, Inc is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for various end markets, including healthcare, transportation, commercial construction, food, energy, water, education and academic research. The Company operates in four segments: Medical & Scientific Imaging, which offers products and software in medical applications, and digital imaging products; RF Technology, which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology, which produces fluid handling pumps, materials analysis equipment and consumables, leak testing equipment, flow measurement and metering equipment, and Energy Systems & Controls, which produces control systems, fluid properties testing equipment, industrial valves and controls, vibration sensors and controls, and non-destructive inspection and measurement products and solutions.
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