Weiss Ratings Reaffirms Sell (D) Rating for Rogers (NYSE:ROG)

Key Points

• Weiss Ratings has reaffirmed a "Sell" rating for Rogers (NYSE:ROG), indicating caution for potential investors, despite differing assessments from other analysts.
• Rogers' stock recently saw a 2.5% increase, with an external consensus target price of $85.00, amidst mixed analyst reviews.
• The company reported earnings per share (EPS) of $0.34 for its last quarter, missing the expected $0.50, while also announcing guidance for Q3 2025 EPS of $0.500-0.900.

Rogers (NYSE:ROG - Get Free Report)'s stock had its "sell (d)" rating restated by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Zacks Research upgraded shares of Rogers from a "strong sell" rating to a "hold" rating in a research note on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Rogers has an average rating of "Hold" and a consensus target price of $85.00.

Rogers Stock Up 2.5%

ROG opened at $84.47 on Wednesday. The firm has a market capitalization of $1.53 billion, a P/E ratio of -23.93 and a beta of 0.46. The firm's 50 day moving average is $78.03 and its 200-day moving average is $69.96. Rogers has a 52-week low of $51.43 and a 52-week high of $114.05.

Rogers (NYSE:ROG - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The electronics maker reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.16). The firm had revenue of $202.80 million for the quarter, compared to analysts' expectations of $198.75 million. Rogers had a negative net margin of 8.14% and a positive return on equity of 3.04%. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS. Equities analysts expect that Rogers will post 3.57 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rogers

Hedge funds have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC boosted its holdings in Rogers by 22.9% in the first quarter. Sequoia Financial Advisors LLC now owns 3,777 shares of the electronics maker's stock worth $255,000 after purchasing an additional 704 shares during the period. Illinois Municipal Retirement Fund boosted its holdings in Rogers by 4.6% in the first quarter. Illinois Municipal Retirement Fund now owns 9,165 shares of the electronics maker's stock worth $619,000 after purchasing an additional 407 shares during the period. Principal Financial Group Inc. boosted its holdings in Rogers by 2.7% in the first quarter. Principal Financial Group Inc. now owns 84,683 shares of the electronics maker's stock worth $5,719,000 after purchasing an additional 2,228 shares during the period. Intech Investment Management LLC boosted its holdings in Rogers by 30.5% in the first quarter. Intech Investment Management LLC now owns 26,740 shares of the electronics maker's stock worth $1,806,000 after purchasing an additional 6,252 shares during the period. Finally, GSA Capital Partners LLP boosted its holdings in Rogers by 227.3% in the first quarter. GSA Capital Partners LLP now owns 24,607 shares of the electronics maker's stock worth $1,662,000 after purchasing an additional 17,089 shares during the period. Institutional investors and hedge funds own 96.02% of the company's stock.

About Rogers

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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