Rogers (NYSE:ROG) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Rogers from “Buy” to “Hold,” following Zacks Research’s similar move. The stock now has a consensus “Hold” rating and a $200 price target.
• Rogers shares opened at $125.57, below their 50-day moving average of $137.32, while trading within a one-year range of $75.14 to $169.00.
• The company reported quarterly EPS of $0.92, missing estimates of $0.99, though revenue of $216.8 million exceeded the $215 million consensus forecast.

Rogers (NYSE:ROG - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Monday.

A number of other brokerages have also recently commented on ROG. Zacks Research cut shares of Rogers from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded shares of Rogers from a "sell (d)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. Finally, B. Riley Financial upped their target price on shares of Rogers to $200.00 and gave the company a "buy" rating in a report on Monday, June 15th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $200.00.

Rogers Price Performance

Rogers stock opened at $125.57 on Monday. The firm has a 50-day moving average of $137.32 and a 200-day moving average of $128.19. Rogers has a one year low of $75.14 and a one year high of $169.00. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 71.75 and a beta of 0.52.

Rogers (NYSE:ROG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.92 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.07). Rogers had a net margin of 3.75% and a return on equity of 5.17%. The company had revenue of $216.80 million during the quarter, compared to the consensus estimate of $215.00 million. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. As a group, sell-side analysts expect that Rogers will post 3.83 earnings per share for the current year.

Institutional Investors Weigh In On Rogers

Large investors have recently added to or reduced their stakes in the business. State of Wyoming bought a new position in Rogers during the second quarter worth $42,000. Public Employees Retirement System of Ohio acquired a new position in shares of Rogers in the second quarter valued at $67,000. Kemnay Advisory Services Inc. bought a new position in shares of Rogers in the fourth quarter valued at about $42,000. Parallel Advisors LLC raised its position in shares of Rogers by 19.7% in the first quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker's stock valued at $94,000 after purchasing an additional 144 shares during the period. Finally, Nykredit A S acquired a new stake in shares of Rogers during the 2nd quarter worth about $149,000. Institutional investors own 96.02% of the company's stock.

Rogers Company Profile

Rogers Corporation NYSE: ROG is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.

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