NYSE:ROP

Roper Technologies Stock Forecast, Price & News

$424.00

-3.00 (-0.70 %)

(As of 12/1/2020 12:00 AM ET)

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Today's Range

$422.21

Now: $424.00▼

$433.09

50-Day Range

$367.50

MA: $406.41▼

$433.89

52-Week Range

$240.00

Now: $424.00▼

$455.72

Volume563,857 shs

Average Volume565,382 shs

Market Capitalization$44.47 billion

P/E Ratio27.75

Dividend Yield0.48%

Beta1.06

Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide. It offers management, campus solutions, laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, cloud-based financial analytics and performance management, and diagnostic and laboratory information system software; and software, services, and technologies for foodservice operations. The company also provides cloud-based data, collaboration, and estimating automation software; visual effects and 3D content software; electronic marketplace; wireless sensor network and solutions; cloud-based software solutions; supply chain software; health care service and software; RFID card readers; data analytics and information; pharmacies software solutions; and toll system and products, transaction and violation processing services, and intelligent traffic systems. In addition, it offers precision rubber and polymer testing instruments, and data analysis software; ultrasound accessories; radiotherapy solutions; testing and analyzing plastics solutions; dispensers and metering pumps; control valves; precision weighing equipment; automated surgical scrub and linen dispensing equipment; water meters; automated leak detection equipment; medical devices; products and services for water and gas utilities; and equipment and consumables. The company also provides temperature control and emergency shutoff valves; turbomachinery control hardware, software, and services; specialized pumps; low meter calibrators, and controllers; vibration monitoring systems and controls; analytical instrument; drilling power section; pressure and level sensors; and non-destructive testing equipment and solutions. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. Roper Technologies, Inc. was incorporated in 1981 and is based in Sarasota, Florida.

Beat the Market (BTM) Rank^™

1.2 Analyst's Opinion

Consensus Rating
Roper Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $420.33, Roper Technologies has a forecasted downside of 0.9% from its current price of $424.00.
Amount of Analyst Coverage
Roper Technologies has only been the subject of 2 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Roper Technologies has received 497 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Roper Technologies has received 490 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Roper Technologies has received 50.35% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Roper Technologies and other stocks. Vote “Outperform” if you believe ROP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ROP will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Yield
Roper Technologies has a dividend yield of 0.48%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Roper Technologies has been increasing its dividend for 28 years.
Dividend Coverage
The dividend payout ratio of Roper Technologies is 15.71%. 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 14.22% next year. This indicates that Roper Technologies will be able to sustain or increase its dividend.

1.7 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 $18,931,010.00 in company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Roper Technologies is held by insiders.
Percentage Held by Institutions
92.18% of the stock of Roper Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Roper Technologies are expected to grow by 14.90% in the coming year, from $12.55 to $14.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Roper Technologies is 27.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of Roper Technologies is 27.75, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 36.09.
Price to Earnings Growth Ratio
Roper Technologies has a PEG Ratio of 3.22. 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 4.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.11 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Process control instruments

Sub-IndustryElectrical Components & Equipment

SectorIndustrial Products

Current SymbolNYSE:ROP

Previous Symbol

CUSIP77669610

CIK882835

Webwww.ropertech.com

Phone941-556-2601

Employees16,460

Debt

Debt-to-Equity Ratio0.53

Current Ratio1.27

Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio27.75

Forward P/E Ratio33.78

P/E Growth3.22

Sales & Book Value

Annual Sales$5.37 billion

Price / Sales8.29

Cash Flow$17.21 per share

Price / Cash Flow24.63

Book Value$91.22 per share

Price / Book4.65

Profitability

EPS (Most Recent Fiscal Year)$13.05

Net Income$1.77 billion

Net Margins29.75%

Return on Equity14.20%

Return on Assets7.28%

Miscellaneous

Outstanding Shares104,872,000

Market Cap$44.47 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$424.00

-3.00 (-0.70 %)

(As of 12/1/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Roper Technologies (NYSE:ROP) Frequently Asked Questions

How has Roper Technologies' stock been impacted by COVID-19?

Roper Technologies' stock was trading at $323.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROP stock has increased by 31.2% and is now trading at $424.00.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Roper Technologies?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roper Technologies in the last year. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Roper Technologies or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Roper Technologies?

Wall Street analysts have given Roper Technologies a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Roper Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Roper Technologies' next earnings date?

Roper Technologies is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Roper Technologies.

How were Roper Technologies' earnings last quarter?

Roper Technologies, Inc. (NYSE:ROP) posted its quarterly earnings results on Tuesday, October, 27th. The industrial products company reported $3.17 earnings per share for the quarter, beating analysts' consensus estimates of $3.04 by $0.13. The industrial products company had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.37 billion. Roper Technologies had a return on equity of 14.20% and a net margin of 29.75%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.29 EPS.
View Roper Technologies' earnings history.

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

Roper Technologies declared a quarterly dividend on Thursday, November 12th. Investors of record on Friday, January 8th will be given a dividend of $0.5625 per share on Friday, January 22nd. This represents a $2.25 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Thursday, January 7th. This is a positive change from Roper Technologies's previous quarterly dividend of $0.51.
View Roper Technologies' dividend history.

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

Roper Technologies issued an update on its third quarter earnings guidance on Tuesday, October, 27th. The company provided earnings per share guidance of $3.39-3.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.04.

What price target have analysts set for ROP?

9 brokers have issued 1 year price targets for Roper Technologies' shares. Their forecasts range from $320.00 to $490.00. On average, they anticipate Roper Technologies' share price to reach $420.33 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
View analysts' price targets for Roper Technologies.

Are investors shorting Roper Technologies?

Roper Technologies saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,560,000 shares, an increase of 23.8% from the October 31st total of 1,260,000 shares. Based on an average daily volume of 557,300 shares, the days-to-cover ratio is presently 2.8 days.
View Roper Technologies' Short Interest.

Who are some of Roper Technologies' key competitors?

Some companies that are related to Roper Technologies include Eaton (ETN), Emerson Electric (EMR), Rockwell Automation (ROK), AMETEK (AME), Enphase Energy (ENPH), Generac (GNRC), II-VI (IIVI), Regal Beloit (RBC), Acuity Brands (AYI), Vicor (VICR), EnerSys (ENS), Franklin Electric (FELE), FuelCell Energy (FCEL), Brady (BRC) and Belden (BDC).
View all competitors.

What other stocks do shareholders of Roper Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Roper Technologies investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners (CLMT), Two Harbors Investment (TWO), NovoCure (NVCR), BlackRock Capital Investment (BKCC), Johnson & Johnson (JNJ), Viper Energy Partners (VNOM), Summit Midstream Partners (SMLP) and Washington Prime Group (WPG).

Who are Roper Technologies' key executives?

Roper Technologies' management team includes the following people:

Mr. Laurence Neil Hunn, Pres, CEO & Director (Age 48, Pay $3.25M)
Mr. Robert C. Crisci, Exec. VP & CFO (Age 44, Pay $1.57M)
Mr. John K. Stipancich, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51, Pay $1.7M)
Mr. Jason P. Conley, VP & Controller (Age 44, Pay $1.19M)
Mr. Zack Moxcey, VP of Investor Relations
Mr. Greg L. Anderson, VP of HR
Mr. Shannon Rory O'Callaghan, VP of Fin.

What is Roper Technologies' stock symbol?

Roper Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ROP."

Who are Roper Technologies' major shareholders?

Roper Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.92%), State Street Corp (4.16%), Morgan Stanley (1.82%), Massachusetts Financial Services Co. MA (1.66%), Principal Financial Group Inc. (1.65%) and Nuveen Asset Management LLC (1.32%). Company insiders that own Roper Technologies stock include Amy Woods Brinkley, Christopher Wright, Jason Conley, John F Fort III, John K Stipancich, Laurence Neil Hunn, Richard F Wallman, Robert Crisci, Robert D Johnson, Robert E Knowling Jr and Wilbur J Prezzano.
View institutional ownership trends for Roper Technologies.

Which institutional investors are selling Roper Technologies stock?

ROP stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Massachusetts Financial Services Co. MA, BlackRock Inc., Allianz Asset Management GmbH, Nuveen Asset Management LLC, KBC Group NV, Beck Mack & Oliver LLC, and Wells Fargo & Company MN. Company insiders that have sold Roper Technologies company stock in the last year include Christopher Wright, Jason Conley, John F Fort III, John K Stipancich, Laurence Neil Hunn, Robert Crisci, Robert D Johnson, and Wilbur J Prezzano.
View insider buying and selling activity for Roper Technologies.

Which institutional investors are buying Roper Technologies stock?

ROP stock was purchased by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Bank Julius Baer & Co. Ltd Zurich, State of Tennessee Treasury Department, The Manufacturers Life Insurance Company, Lord Abbett & CO. LLC, JPMorgan Chase & Co., UBS Asset Management Americas Inc., and Williams Jones Wealth Management LLC..
View insider buying and selling activity for Roper Technologies.

How do I buy shares of Roper Technologies?

Shares of ROP 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, Robinhood, Fidelity, and Charles Schwab.

What is Roper Technologies' stock price today?

One share of ROP stock can currently be purchased for approximately $424.00.

How big of a company is Roper Technologies?

Roper Technologies has a market capitalization of $44.47 billion and generates $5.37 billion in revenue each year. The industrial products company earns $1.77 billion in net income (profit) each year or $13.05 on an earnings per share basis. Roper Technologies employs 16,460 workers across the globe.

What is Roper Technologies' official website?

The official website for Roper Technologies is www.ropertech.com.

How can I contact Roper Technologies?

Roper Technologies' mailing address is 6901 PROFESSIONAL PKWY EAST SUITE 200, SARASOTA FL, 34240. The industrial products company can be reached via phone at 941-556-2601 or via email at [email protected]

This page was last updated on 12/1/2020 by MarketBeat.com Staff

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