Rogers - ROG Stock Forecast, Price & News

Rogers Corporation designs, develops, manufactures, and sells 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, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure markets. This segment sells its products under the curamik, ROLINX, RO4000, RO3000, RT/duroid, CLTE Series, TMM, AD Series, DiClad, CuClad Series, Kappa, COOLSPAN, TC Series, 92ML, IsoClad, MAGTREX, XTremeSpeed RO1200, IM Series, 2929 Bondply, 3001 Bondply Film, and SpeedWave names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable protection, electrical insulation, conduction and shielding, hose and belt protection, vibration management, cushioning, gasketing and sealing, and venting applications. This segment sells its products under the PORON, BISCO, DeWAL, ARLON, eSORBA, Griswold, XRD, Silicone Engineering, and R/bak names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.

Rogers Trading Down 0.1 %

Shares of ROG Stock traded down $0.15 during mid-day trading on Friday, hitting $269.35. 144,530 shares of the company's stock were exchanged, compared to its average volume of 137,713. Rogers has a fifty-two week low of $178.43 and a fifty-two week high of $274.51. The stock has a 50-day simple moving average of $263.87 and a two-hundred day simple moving average of $268.03. The company has a quick ratio of 3.00, a current ratio of 4.10 and a debt-to-equity ratio of 0.23. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 61.78 and a beta of 1.34.

Analyst Ratings Changes

Several brokerages have commented on ROG. StockNews.com lowered Rogers from a "hold" rating to a "sell" rating in a report on Monday. TheStreet downgraded Rogers from a "b" rating to a "c+" rating in a research report on Friday, April 29th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $277.00.

Insider Buying and Selling at Rogers

In other Rogers news, Director Keith Barnes sold 400 shares of Rogers stock in a transaction that occurred on Thursday, June 9th. The stock was sold at an average price of $260.20, for a total value of $104,080.00. Following the completion of the transaction, the director now directly owns 1,820 shares in the company, valued at $473,564. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.90% of the stock is currently owned by corporate insiders.