NYSE:ROP

Roper Technologies - ROP Stock Forecast, Price & News

$431.01

-0.91 (-0.21%)

(As of 08/8/2022 12:00 AM ET)

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Today's Range: $429.81
▼
$437.39
50-Day Range: $372.29
▼
$442.44
52-Week Range: $369.51
▼
$505.00

Volume: 320,934 shs
Average Volume: 572,131 shs
Market Capitalization: $45.65 billion

P/E Ratio: 16.04
Dividend Yield: 0.57%
Price Target: $494.40

Roper Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 14.7% Upside
$494.40 Price Target
Short Interest: Healthy
1.23% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.65
Upright™ Environmental Score
News Sentiment: 0.00
Based on 8 Articles This Week
Insider Trading: Selling Shares
$110,922 Sold Last Quarter
Proj. Earnings Growth: 12.34%
From $13.61 to $15.29 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Computer And Technology Sector

154th out of 833 stocks

Process Control Instruments Industry

7th out of 16 stocks

2.4

Analyst's Opinion

Consensus Rating
Roper Technologies has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $494.40, Roper Technologies has a forecasted upside of 14.7% from its current price of $431.01.
Amount of Analyst Coverage
Roper Technologies has only been the subject of 4 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.23% of the outstanding shares of Roper Technologies have been sold short.
Short Interest Ratio / Days to Cover
Roper Technologies has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Roper Technologies has recently decreased by 2.26%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
Roper Technologies has a dividend yield of 0.57%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Roper Technologies has been increasing its dividend for 29 years.
Dividend Coverage
The dividend payout ratio of Roper Technologies is 9.23%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Roper Technologies will have a dividend payout ratio of 16.22% next year. This indicates that Roper Technologies will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Roper Technologies has received a 29.23% net impact score from Upright. Roper Technologies seems to create the most significant positive value in categories "Taxes", "Jobs", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Surgical needle holders", "Health care management software", and "Medicine and medical equipment inventory management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Roper Technologies is -1.65.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 8 news articles for Roper Technologies this week, compared to 4 articles on an average week.
Search Interest
9 people have searched for ROP on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
MarketBeat Follows
6 people have added Roper Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Roper Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $110,922.00 in company stock.
Percentage Held by Insiders
Only 0.88% of the stock of Roper Technologies is held by insiders.
Percentage Held by Institutions
92.68% of the stock of Roper Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Roper Technologies are expected to grow by 12.34% in the coming year, from $13.61 to $15.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Roper Technologies is 16.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Roper Technologies is 16.04, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 410.83.
Price to Earnings Growth Ratio
Roper Technologies has a PEG Ratio of 3.02. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Roper Technologies has a P/B Ratio of 3.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Roper Technologies (NYSE:ROP) Stock

Roper Technologies, Inc. designs and develops software, and engineered products and solutions. The company offers management, campus solutions, diagnostic and laboratory information management, enterprise management, 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. It also provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; wireless sensor network and solutions; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; RFID card readers; data analytics and information; and pharmacy software solutions. In addition, the company offers precision rubber and polymer testing instruments, and data analysis software; ultrasound accessories; testing and analyzing plastic solutions; dispensers and metering pumps; control valves; precision weighing equipment; automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; automated leak detection equipment; medical devices; products and services for water and gas utilities; and equipment and consumables. It also provides temperature control and emergency shutoff valves; turbomachinery control hardware, software, and services; specialized pumps; flow meter calibrators and controllers; vibration monitoring systems and controls; analytical instrument; drilling power section; and pressure and level sensors. 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.

Roper Technologies Stock Performance

Shares of NYSE:ROP traded up $2.17 during trading on Monday, reaching $434.09. The stock had a trading volume of 2,629 shares, compared to its average volume of 573,817. The stock has a fifty day simple moving average of $406.82 and a two-hundred day simple moving average of $434.86. The firm has a market capitalization of $45.98 billion, a price-to-earnings ratio of 16.07, a P/E/G ratio of 3.02 and a beta of 1.04. The company has a quick ratio of 1.55, a current ratio of 1.58 and a debt-to-equity ratio of 0.48. Roper Technologies has a 52 week low of $369.51 and a 52 week high of $505.00.

Roper Technologies (NYSE:ROP - Get Rating) last announced its quarterly earnings results on Friday, July 22nd. The industrial products company reported $3.95 EPS for the quarter, beating analysts' consensus estimates of $3.83 by $0.12. Roper Technologies had a return on equity of 12.83% and a net margin of 49.32%. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same period in the prior year, the business posted $3.76 EPS. Roper Technologies's revenue was up 10.2% on a year-over-year basis. As a group, analysts anticipate that Roper Technologies will post 13.61 earnings per share for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Stockholders of record on Friday, July 8th were given a dividend of $0.62 per share. The ex-dividend date was Thursday, July 7th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.57%. Roper Technologies's dividend payout ratio (DPR) is 9.23%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Robert W. Baird reduced their price target on Roper Technologies from $480.00 to $460.00 in a research report on Tuesday, July 26th. Wells Fargo & Company lowered their target price on shares of Roper Technologies from $545.00 to $500.00 and set an "overweight" rating on the stock in a research note on Monday, July 25th. The Goldman Sachs Group cut their price objective on shares of Roper Technologies from $540.00 to $412.00 and set a "neutral" rating for the company in a report on Thursday, June 23rd. TheStreet downgraded shares of Roper Technologies from a "b" rating to a "c+" rating in a report on Friday, July 22nd. Finally, Cowen decreased their price target on shares of Roper Technologies from $545.00 to $500.00 and set an "outperform" rating for the company in a research report on Tuesday, July 26th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Roper Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $494.40.

Insiders Place Their Bets

In related news, Director Robert D. Johnson sold 250 shares of Roper Technologies stock in a transaction that occurred on Wednesday, June 1st. The stock was sold at an average price of $443.69, for a total transaction of $110,922.50. Following the transaction, the director now owns 5,869 shares of the company's stock, valued at $2,604,016.61. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.88% of the stock is currently owned by corporate insiders.

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ROP Stock News Headlines

August 4, 2022 | nasdaq.com

Roper Technologies (NYSE:ROP) shareholders have earned a 14% CAGR over the last five years

July 30, 2022 | americanbankingnews.com

Roper Technologies, Inc. Expected to Earn Q3 2022 Earnings of $3.44 Per Share (NYSE:ROP)

July 28, 2022 | americanbankingnews.com

Roper Technologies (NYSE:ROP) PT Lowered to $500.00 at Wells Fargo & Company

July 28, 2022 | americanbankingnews.com

Royal Bank of Canada Raises Roper Technologies (NYSE:ROP) Price Target to $490.00

July 28, 2022 | americanbankingnews.com

Cowen Cuts Roper Technologies (NYSE:ROP) Price Target to $500.00

July 27, 2022 | finance.yahoo.com

Are Roper Technologies, Inc.'s (NYSE:ROP) Mixed Financials Driving The Negative Sentiment?

July 27, 2022 | americanbankingnews.com

Roper Technologies (NYSE:ROP) Price Target Lowered to $460.00 at Robert W. Baird

July 27, 2022 | americanbankingnews.com

Roper Technologies (NYSE:ROP) PT Raised to $500.00

July 25, 2022 | markets.businessinsider.com

Analyst Ratings for Roper Technologies

July 25, 2022 | americanbankingnews.com

Roper Technologies (NYSE:ROP) Posts Quarterly Earnings Results

July 23, 2022 | markets.businessinsider.com

Roper Technologies Boosts FY22 Adj. EPS Outlook; Q2 Profit Top Estimates