Rogers Co. (NYSE:ROG - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $109.54, but opened at $120.74. Rogers shares last traded at $124.64, with a volume of 143,179 shares.
Rogers Price Performance
The stock's fifty day moving average is $114.41 and its 200-day moving average is $121.16. The stock has a market capitalization of $2.26 billion, a PE ratio of 39.90 and a beta of 0.69. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.53 and a quick ratio of 3.21.
Rogers (NYSE:ROG - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The electronics maker reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by ($0.40). The company had revenue of $204.60 million for the quarter, compared to analyst estimates of $220.00 million. Rogers had a return on equity of 5.82% and a net margin of 6.23%. As a group, equities analysts predict that Rogers Co. will post 2.93 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Rogers
A number of hedge funds have recently modified their holdings of the business. Peregrine Capital Management LLC raised its position in shares of Rogers by 19.2% in the first quarter. Peregrine Capital Management LLC now owns 58,425 shares of the electronics maker's stock valued at $6,934,000 after buying an additional 9,425 shares during the last quarter. Hedges Asset Management LLC acquired a new stake in shares of Rogers in the first quarter valued at about $249,000. Fifth Third Bancorp raised its position in shares of Rogers by 2,154.8% in the first quarter. Fifth Third Bancorp now owns 2,345 shares of the electronics maker's stock valued at $278,000 after buying an additional 2,241 shares during the last quarter. Leeward Investments LLC MA acquired a new stake in shares of Rogers in the first quarter valued at about $9,607,000. Finally, AdvisorNet Financial Inc raised its position in shares of Rogers by 136,400.0% in the first quarter. AdvisorNet Financial Inc now owns 1,365 shares of the electronics maker's stock valued at $162,000 after buying an additional 1,364 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.
Rogers Company Profile
(
Get Free Report)
Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.
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