Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. The company's Advanced Connectivity Solutions segment offers circuit materials and solutions for connectivity applications in wireless communications infrastructure, automotive, connected devices, wired infrastructure, consumer electronics, and aerospace/defense. Its Elastomeric Material Solutions segment provides elastomeric material solutions for critical cushioning, sealing, impact protection, and vibration management applications, including general industrial, portable electronics, consumer goods, automotive, mass transportation, construction, and printing applications. The company's Power Electronics Solutions segment offers ceramic substrate materials for power module applications, laminated bus bars for power inverter and high power interconnect applications, and micro-channel coolers. Its Other segment provides elastomeric components for applications in ground transportation, office equipment, consumer, and other markets; elastomer floats for level sensing in fuel tanks, motors, and storage tanks; and inverters for portable communications and automotive markets. The company also manufactures and sells polytetrafluoroethylene, ultra-high molecular weight polyethylene films, pressure sensitive tapes, and specialty products for the industrial, aerospace, automotive, and electronics markets. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Plastics materials & resins
Sub-IndustryElectronic Components
SectorComputer and Technology
SymbolNYSE:ROG
CUSIP77513310
Phone480-917-6000
Debt
Debt-to-Equity Ratio0.17
Current Ratio4.76
Quick Ratio3.68
Price-To-Earnings
Trailing P/E Ratio20.67
Forward P/E Ratio20.25
P/E GrowthN/A
Sales & Book Value
Annual Sales$821.04 million
Price / Sales2.66
Cash Flow$8.2694 per share
Price / Cash14.40
Book Value$42.02 per share
Price / Book2.83
Profitability
EPS (Most Recent Fiscal Year)$5.76
Net Income$80.45 million
Net Margins9.56%
Return on Equity13.71%
Return on Assets9.34%
Miscellaneous
Employees3,400
Outstanding Shares18,370,000
Market Cap$2,187.23
Rogers (NYSE:ROG) Frequently Asked Questions
What is Rogers' stock symbol?
Rogers trades on the New York Stock Exchange (NYSE) under the ticker symbol "ROG."
How were Rogers' earnings last quarter?
Rogers Co. (NYSE:ROG) released its quarterly earnings data on Thursday, April, 26th. The electronics maker reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.09. The electronics maker earned $214.61 million during the quarter, compared to the consensus estimate of $212.07 million. Rogers had a net margin of 9.56% and a return on equity of 13.71%. Rogers's revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.68 earnings per share. View Rogers' Earnings History.
When is Rogers' next earnings date?
What guidance has Rogers issued on next quarter's earnings?
Rogers issued an update on its second quarter earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $1.25 to $1.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.46. The company issued revenue guidance of $210 million to $220 million, compared to the consensus revenue estimate of $214.40 million.
What price target have analysts set for ROG?
2 brokerages have issued 1-year target prices for Rogers' stock. Their predictions range from $155.00 to $175.00. On average, they expect Rogers' share price to reach $165.00 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Ratings for Rogers.
What is the consensus analysts' recommendation for Rogers?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rogers in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Rogers stock?
Here are some recent quotes from research analysts about Rogers stock:
- 1. According to Zacks Investment Research, "Rogers Corporation is a global leader in engineered materials to power, protect, and connect their world. With more than 180 years of materials science experience, Rogers delivers high-performance solutions that enable clean energy, internet connectivity, and safety and protection applications, as well as other technologies where reliability is critical. Rogers delivers Power Electronics Solutions for energy-efficient motor drives, e-Mobility and renewable energy; Elastomeric Material Solutions for sealing, vibration management and impact protection in mobile devices, transportation interiors, industrial equipment and performance apparel; and Advanced Connectivity Solutions for wireless infrastructure, automotive safety and radar systems. Headquartered in Arizona (USA), Rogers operates manufacturing facilities in the United States, China, Germany, Belgium, Hungary, and South Korea, with joint ventures and sales offices worldwide. " (6/28/2018)
- 2. B. Riley analysts commented, "We believe execution around this strategy is showing visible gains in 2017 and expect Mgt to retain its focus. For example, autonomous vehicles, vehicle to vehicle communications, advanced 4.5G and 5G infrastructure, the IoT, energy efficient vehicles, and OLED are all high growth areas well-suited to ROG technology. We expect the company to gradually but increasingly align the sub-segment focus within Advanced Connectivity Solutions (ACS; 42% of sls), Elastomeric Materials Solutions (EMS; 31%), and Power Electronics Solutions (23%) taking related sales toward 60% over time. Recall market share is often a dominant 50% to 90% in areas like macro base station and antenna substrates, electronic vehicle battery foams and compartment silicon sealing, and automated driver assist radar systems to often surpass the next competitor by 2-3x, a broad competitive moat." (8/15/2017)
Who are some of Rogers' key competitors?
Who are Rogers' key executives?
Rogers' management team includes the folowing people:
- Mr. Bruce D. Hoechner, Pres, CEO & Director (Age 58)
- Mr. Robert C. Daigle, Sr. VP & CTO (Age 55)
- Mr. Jay B. Knoll, Sr. VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 55)
- Ms. Helen Zhang, Sr. VP, GM of Power Electronics Solutions & Pres of Rogers Asia (Age 54)
- Mr. Mark D. Weaver, Chief Accounting Officer & Interim Principal Financial Officer (Age 58)
Has Rogers been receiving favorable news coverage?
News stories about ROG stock have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rogers earned a daily sentiment score of 0.22 on Accern's scale. They also gave media headlines about the electronics maker an impact score of 45.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Rogers' major shareholders?
Rogers' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (2.53%), Mycio Wealth Partners LLC (0.50%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Rogers stock include Bruce D Hoechner, Carol R Jensen, Christopher Shadday, Gary M Glandon, Helen Zhang, Janice E Stipp, Jay B Knoll, Jeffrey M Grudzien, Keith Barnes, Peter C Wallace, Robert C Daigle and William Mitchell. View Institutional Ownership Trends for Rogers.
Which institutional investors are selling Rogers stock?
ROG stock was sold by a variety of institutional investors in the last quarter, including Mycio Wealth Partners LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold Rogers company stock in the last year include Bruce D Hoechner, Carol R Jensen, Helen Zhang, Janice E Stipp, Jay B Knoll, Jeffrey M Grudzien and Robert C Daigle. View Insider Buying and Selling for Rogers.
Which institutional investors are buying Rogers stock?
How do I buy shares of Rogers?
Shares of ROG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Rogers' stock price today?
One share of ROG stock can currently be purchased for approximately $119.08.
How big of a company is Rogers?
Rogers has a market capitalization of $2.19 billion and generates $821.04 million in revenue each year. The electronics maker earns $80.45 million in net income (profit) each year or $5.76 on an earnings per share basis. Rogers employs 3,400 workers across the globe.
How can I contact Rogers?
Rogers' mailing address is 2225 W. Chandler Blvd., Chandler AZ, 85224. The electronics maker can be reached via phone at 480-917-6000 or via email at [email protected]
MarketBeat Community Rating for Rogers (NYSE ROG)
MarketBeat's community ratings are surveys of what our community members think about Rogers and other stocks. Vote "Outperform" if you believe ROG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ROG will underperform the S&P 500 over the long term. You may vote once every thirty days.
