Free Trial

Roper Technologies (ROP) Stock Price, News & Analysis

$547.45
+6.05 (+1.12%)
(As of 05/22/2024 ET)
Today's Range
$538.84
$549.90
50-Day Range
$510.82
$560.84
52-Week Range
$441.06
$565.00
Volume
511,938 shs
Average Volume
619,118 shs
Market Capitalization
$58.60 billion
P/E Ratio
39.73
Dividend Yield
0.55%
Price Target
$584.82

Roper Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
6.8% Upside
$584.82 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.65
Upright™ Environmental Score
News Sentiment
1.07mentions of Roper Technologies in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$109,942 Sold Last Quarter
Proj. Earnings Growth
8.21%
From $18.15 to $19.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.91 out of 5 stars

Computer And Technology Sector

301st out of 590 stocks

Process Control Instruments Industry

8th out of 12 stocks

ROP stock logo

About Roper Technologies Stock (NYSE:ROP)

Roper Technologies, Inc. designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; data analytics and information; and pharmacy software solutions. The Technology Enabled Products segment offers ultrasound accessories; dispensers and metering pumps; wireless sensor network and solutions automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; RFID card readers; and medical devices. It distributes and sells its products through direct sales, manufacturers' representatives, resellers, and distributors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. The company was incorporated in 1981 and is based in Sarasota, Florida.

ROP Stock Price History

ROP Stock News Headlines

7 Explosive Tech Stocks Set to Dominate the Decade
The Latest Analyst Ratings For Roper Techs
Roper Tumbles on Q1 Results
Q1 2024 Roper Technologies Inc Earnings Call
See More Headlines
Receive ROP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Roper Technologies and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/22 Dividend
4/04/2024
Dividend Payable
4/22/2024
Last Earnings
4/26/2024
Today
5/22/2024
Next Earnings (Estimated)
7/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electrical Components & Equipment
CUSIP
77669610
Employees
16,800
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$584.82
High Stock Price Target
$680.00
Low Stock Price Target
$503.00
Potential Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
29.22%

Debt

Sales & Book Value

Annual Sales
$6.39 billion
Cash Flow
$24.01 per share
Book Value
$166.26 per share

Miscellaneous

Free Float
106,114,000
Market Cap
$58.60 billion
Optionable
Optionable
Beta
1.00

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

ROP Stock Analysis - Frequently Asked Questions

Should I buy or sell Roper Technologies stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Roper Technologies in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ROP shares.
View ROP analyst ratings
or view top-rated stocks.

What is Roper Technologies' stock price target for 2024?

10 Wall Street analysts have issued 12 month price targets for Roper Technologies' shares. Their ROP share price targets range from $503.00 to $680.00. On average, they expect the company's stock price to reach $584.82 in the next year. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for ROP
or view top-rated stocks among Wall Street analysts.

How have ROP shares performed in 2024?

Roper Technologies' stock was trading at $545.17 at the beginning of 2024. Since then, ROP stock has increased by 0.4% and is now trading at $547.45.
View the best growth stocks for 2024 here
.

When is Roper Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 19th 2024.
View our ROP earnings forecast
.

How were Roper Technologies' earnings last quarter?

Roper Technologies, Inc. (NYSE:ROP) released its earnings results on Friday, April, 26th. The industrial products company reported $4.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.34 by $0.07. The industrial products company earned $1.68 billion during the quarter, compared to analysts' expectations of $1.65 billion. Roper Technologies had a trailing twelve-month return on equity of 10.75% and a net margin of 23.21%. Roper Technologies's quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the business posted $3.90 earnings per share.

How often does Roper Technologies pay dividends? What is the dividend yield for Roper Technologies?

Roper Technologies declared a quarterly dividend on Thursday, March 14th. Shareholders of record on Friday, April 5th will be given a dividend of $0.75 per share on Monday, April 22nd. This represents a $3.00 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Thursday, April 4th.
Read our dividend analysis for ROP
.

Is Roper Technologies a good dividend stock?

Roper Technologies (NYSE:ROP) pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.55%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROP will have a dividend payout ratio of 15.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROP.

What guidance has Roper Technologies issued on next quarter's earnings?

Roper Technologies issued an update on its FY24 earnings guidance on Friday, April, 26th. The company provided earnings per share (EPS) guidance of $18.05-18.25 for the period, compared to the consensus EPS estimate of $18.11.

What is Mike Epplen's approval rating as Roper Technologies' CEO?

27 employees have rated Roper Technologies Chief Executive Officer Mike Epplen on Glassdoor.com. Mike Epplen has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Roper Technologies own?
Who are Roper Technologies' major shareholders?

Roper Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.41%), Price T Rowe Associates Inc. MD (5.68%), Principal Financial Group Inc. (2.41%), Akre Capital Management LLC (1.44%), Bank of New York Mellon Corp (1.23%) and Mitsubishi UFJ Asset Management Co. Ltd. (0.75%). Insiders that own company stock include Christopher Wright, Jason Conley, John K Stipancich, Laurence Neil Hunn, Richard F Wallman, Robert D Johnson, Robert D Johnson and Shellye L Archambeau.
View institutional ownership trends
.

How do I buy shares of Roper Technologies?

Shares of ROP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Roper Technologies have any subsidiaries?
The following companies are subsidiares of Roper Technologies: AC Analytical Controls B.V., AC Analytical Controls Holding B.V., AC Analytical Controls Services B.V., Abel Pump, Acton Research, Acumen PM LLC, Aderant Canada Company, Aderant Company, Aderant Holdings Inc., Aderant International Holdings LLC, Aderant Legal (UK) Limited, Aderant Legal Holdings (AUS) Pty Ltd, Aderant Legal Holdings (NZ) ULC, Aderant Legal Holdings Inc., Aderant North America Inc., Aderant Parent Holdings Inc., Advanced Sensors Limited, Advanced Sensors Ltd., AiCambridge Ltd., Alpha Holdings of Delaware I LLC, Alpha Holdings of Delaware II LLC, Alpha Technologies B.V., Alpha Technologies GmbH, Alpha Technologies Japan LLC, Alpha Technologies Services LLC, Alpha Technologies U.K., Alpha Technologies s.r.o., Alpha Trust Corporation, Alpha UK Holdings LLC, American LegalNet Inc, Amot Controls Corporation, Amot Controls GmbH, Amot/Metrix Investment Company Inc., Amphire Solutions Inc., Amtech Systems (Hong Kong) Limited, Amtech Systems LLC, Amtech World Corporation, Antek Instruments, Archisnapper BV, Ascension Technology Corporation, Assureweb Limited, Atlantic Health Partners Inc., Atlas Database Software Corp., Avitru, Bellefield Systems, BillBlast, C/S Solutions Inc., CBORD Holdings Corp., CBORD Holdings Corporation, CIVCO Holdings Inc., CIVCO Medical Solutions B.V., Centurion Research Solutions LLC, Chalwyn Limited, Civco Holding Inc., Civco Medical Instruments Co. Inc., Clackamas Pump LLC, CliniSys Group, CliniSys Group Limited, Clinisys Scotland Limited, Clinisys Solutions Limited, Cointec Ingenieros y Consultores S.L., Commerce Pump LLC, Compressor Controls (Beijing) Corporation Ltd., Compressor Controls Corporation B.V., Compressor Controls Corporation Middle East, Compressor Controls Corporation S.r.l., Compressor Controls LLC, Compressor Controls Mauritius Ltd., Compressor Controls Pty Ltd., Compressor Controls Saudi Arabia LLC, ComputerEase Software, ConceptShare, ConstructConnect, ConstructConnect Canada Inc., ConstructConnect Inc., Cornell Pump Company, DAT Solutions LLC, DATSolutions Private Limited, DCMH Group Holdings Inc., DCMH Group Holdings LLC, DCMH Holdings Inc., DI Acquisition Subsidiary Inc., DI Dutch Holdings LLC, DI Hong Kong Limited, Data Innovations, Data Innovations Canada Ltd., Data Innovations Cooperatief U.A., Data Innovations Europe S.A., Data Innovations LLC, Data Innovations Latin America Ltda, Dawning Technologies LLC, Deltek, Deltek Ajera Inc., Deltek Asia Pacific (HK) Limited, Deltek Australia Pty Ltd., Deltek Danmark A/S, Deltek France SAS, Deltek GB Limited, Deltek GmbH, Deltek Inc., Deltek Nederland B.V., Deltek Netherlands B.V., Deltek Norge AS, Deltek Sverige AB, Deltek Systems (Canada) Inc., Deltek Systems (Colorado) Inc., Deltek Systems (Philippines) Ltd., Deltek TNSCore Holdings LLC, Deltek WST LLC, Dominion I Inc., Duncan Technologies, Dynamco Inc., Dynamic Instruments Inc., Dynisco Enterprises GmbH, Dynisco Enterprises LLC, Dynisco Europe GmbH, Dynisco Holding GmbH, Dynisco Instruments LLC, Dynisco Instruments S.a.r.l., Dynisco LLC, Dynisco Parent Inc., Dynisco S.r.l., Dynisco Viatran LLC, Dynisco –Viatran (M) Sdn Bhd, Dynisco-Viatran Instrument Sdn Bhd, EPSI, FMS Purchasing & Services Inc., FSI Holdings Inc., FTI Flow Technology Inc., Flow Technology, Fluid Metering, Fluid Metering Inc., Foodlink Holdings Inc., Foodlink Holdings Inc., Foodlink IT India Private Limited, Foundry, Foundry Visionmongers (Ireland) Limited, Freight Market Intelligence Consortium, Gatan, GeneInsight Inc., Getloaded Corporation, HRsmart Canada Inc., HRsmart France SAS, HRsmart Germany GmbH, HRsmart Inc., HRsmart International, HRsmart International Holdings LLC, HRsmart Mexico, HRsmart SA (Pty) Ltd., HRsmart Talent Management Solutions Europe Limited, HRsmart Ventures LLC, Handshake Software Inc., Handshake Software Inc., Hansco Automatisering B.V., Hansen Technologies, Hansen Technologies Corporation, Harbour Holding Corp., Hardy Process Solutions, Horizon Lab Systems LLC, Horizon Software International LLC, IDS, INPUT Inc., IPA Acquisition Subsidiary Inc., ISL Finance SAS, ISL Holding SAS, ISL Scientifique de Laboratorie - ISL S.A.S., Impact Financial Systems, Industrial Products Investment Company, Innovative Product Achievements LLC, Innovative Product Achievements LLC, Inovonics Corporation, Instill Corporation, IntelliTrans Limited, Intellitrans LLC, Intellitrans Sweden AB, JLT Mobile Computers Inc., Job Access LTDA, Laser App Inc., Link Logistics Holding LLC, Loadlink Technologies Corporation, Logitech, Logitech Limited, Lumenera Corporation, MASD, MED Professional Services LLC, MEDTEC Inc., MEDTEC LLC, MHA Long Term Care Network Inc., MHA Long Term Care Services Inc., MIPS Austria GesmbH, MIPS Deutschland GmbH, MIPS France Sarl, MIPS Nederland B.V., MIPS Schweiz AG, MIPS Software Iberica SL, MPR Readers Inc., Managed Health Care Associates Inc., Media Cybernetics L.P., Medical Information Professional Systems NV, Medina Acquisition LLC, Metrix Instrument Co. L.P., NDI Europe GmbH, NDI Holding Corp., Navigator Group Purchasing Inc., Neptune Technology Group (Canada) Co., Neptune Technology Group Holdings Inc., Neptune Technology Group Inc., Neptune Technology Group Mexico S.de R.L. de C.V., Neptune Technology Group Services Inc., Nippon Roper K.K., Northern Digital Inc., Omega Legal Systems Inc., On Center Software LLC, Onvia Inc., PAC (Shanghai) Co. Ltd., PAC Denmark ApS, PAC GmbH, PAC Instruments (Thailand) Company Limited, PAC Instruments Asia PTE. Ltd., PB Bidco Limited, PB Holdco Limited, PB Midco Limited, PB Topco Limited, PGP UK Limited, PMC/Beta, Petroleum Analyzer, Petroleum Analyzer Company L.P., Petrotech, Phase Analyzer Company Ltd., Photometrics, PowerPlan, PowerPlan Canada ULC, PowerPlan Holdings Inc., PowerPlan Inc., PowerPlan Intermediate Holdings Inc., PowerPlan Operations ANZ Pty Ltd, PowerPlan Operations Ltd., Princeton Instruments, Project Aloha Merger Sub Inc., Project Diamond Intermediate Holdings Corporation, Project Torque Intermediate Holdings Inc., Project Viking Holdings Inc., Project Viking Intermediate LLC, QSC 1208 Limited, QSC 1209 Limited, Quantitative Imaging Corporation, RF IDeas, RF IDeas Inc., RI Marketing India Private Limited, RIL Holding Limited, RMT Inc., RT Merger Sub Inc., Rebate Tracking Group LLC, Redlake Imaging Corporation, Resonant Software Inc., Roda Deaco Valve Inc., Roper Acquisitions Holdings Inc., Roper Brasil Comercio E Promocao De Productos E Servicos LTDA, Roper Canada Holdings LP, Roper Canada UK Limited, Roper Denmark UK Limited, Roper EUR Pte. Ltd., Roper Engineering s.r.o., Roper Europe GmbH, Roper GM Denmark Holdings ApS, Roper Germany GmbH, Roper Germany GmbH & Co. KG, Roper Holdings Limited, Roper IH LLC, Roper Industrial Products Investment Company, Roper Industries Denmark ApS, Roper Industries Deutschland GmbH, Roper Industries Inc., Roper Industries Limited, Roper Industries Manufacturing (Shanghai) Co. Ltd., Roper Industries Mauritius Ltd., Roper Industries UK Limited, Roper International Holding Inc., Roper International Holding Limited, Roper International Holding SCS, Roper LLC, Roper Luxembourg Finance S.a.r.l., Roper Luxembourg Holdings S.a.r.l., Roper Luxembourg S.a.r.l., Roper Middle East Ltd. FZCO, Roper NL1 UK Limited, Roper NL2 UK Limited, Roper Operations Company I LLC, Roper Operations Company II LLC, Roper Pte. Ltd., Roper Pump Company, Roper Scientific B.V., Roper Scientific SAS, Roper Scot LP, Roper Singapore Holding LLC, Roper Southeast Asia LLC, Roper Swiss Finance GmbH, Roper T1 LLC, Roper T1000 Corp., Roper T2 LLC, Roper Tech. Middle East Ltd. FZCO, Roper Technologies (Ireland) Limited, Roper Technologies (Scot) LP, Roper UK Investments Limited, Roper UK Ltd., Roper-Mex L.P., Ropintassco Holdings L.P., SHP Group Holdings Inc., SIRA LLC, Shanghai Roper Industries Trading Co. Ltd., Sinmed Holding International B.V., Societe de Distribution de Logiciels Medicaux, SoftWriters Inc., Softwriters Holdings, Softwriters Holdings Inc., Sohnar Pty Ltd, Star Purchasing Services LLC, Strata Acquisition Subsidiary Inc., Strata Decision Technologies LLC, Strata Decision Technology LLC, Strata Parallel II Inc., Strategic Healthcare Programs Blocker 2 Inc., Strategic Healthcare Programs Blocker LLC, Strategic Healthcare Programs Holdings LLC, Strategic Healthcare Programs Holdings LLC, Strategic Healthcare Programs L.L.C., Struers, Struers (Shanghai) International Trading Ltd., Struers A/S, Struers GmbH, Struers Inc., Struers K.K., Struers Limited, Struers SAS, Sunquest Europe Limited, Sunquest Holdings Inc., Sunquest Information Systems (Europe) Limited, Sunquest Information Systems (India) Private Limited, Sunquest Information Systems (International) Limited, Sunquest Information Systems Inc., Sunquest Information Systems Pty Ltd, TLP Holdings LLC, Team TSI Corporation, Technolog Group Limited, Technolog Holdings Limited, Technolog Holdings Ltd., Technolog Limited, Technolog SARL, The CBORD Group Inc., The Foundry Topco No.2 Limited, The Foundry USCo Inc., The Foundry Visionmongers Ltd., The Tidewater Healthcare Shared Services Group Inc., The Washington Management Group Inc., Torque Acquisition Holdco Inc., Transcore Atlantic Inc., Transcore CNUS Inc., Transcore Holdings Inc., Transcore ITS LLC, Transcore LP, Transcore Nova Scotia Corporation, Transcore Partners LLC, Trinity Integrated Systems Limited, Trinity Integrated Systems Ltd., UHF Purchasing Services LLC, Union Square Software (International) Limited, Union Square Software Inc., Union Square Software Limited, Union Square Software Pty, United Controls Group Inc., Uson L.P., Uson Limited, Utilitec Limited, Utilitec Services Limited, Utility Data Services Limited, Verathon Canada Holdings Inc., Verathon Holdings (Delaware) Inc., Verathon Inc., Verathon Inc., Verathon Medical (Australia) Pty Limited, Verathon Medical (Canada) ULC, Verathon Medical (Europe) B.V., Verathon Medical (France) SARL, Verathon Medical (Hong Kong) Limited, Verathon Medical (Japan) K.K., Verathon Medical (UK) Ltd., Vertafore, Vertafore Canada Inc., Vertafore Inc., Vertafore India Private Limited, Viastar Services LP, Viatran Corporation, WELIS, Walter Herzog GmbH, WorkBook APAC Ltd., Workbook Software A/S, Zetec (Shanghai) Co. Ltd., Zetec Canada Ltd., Zetec France, Zetec Inc., Zetec Korea Inc., Zetec Services Inc., iPipeline, iPipeline (TCP) Limited, iPipeline Canada Inc, iPipeline Co. Ltd., iPipeline Holdings Inc, iPipeline Inc, iPipeline Limited, iSqFt Holdings Inc., iSqFt Parent Corporation, iSqFt Sub Inc., iTradeNetwork Inc., and mySBX Corporation.
Read More
This page (NYSE:ROP) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners