NYSE:ROP

Roper Technologies - ROP Stock Forecast, Price & News

$439.10

+5.40 (+1.25%)

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

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Today's Range: $433.20
▼
$439.56
50-Day Range: $372.29
▼
$439.10
52-Week Range: $369.51
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$505.00

Volume: 282,709 shs
Average Volume: 420,691 shs
Market Capitalization: $46.55 billion

P/E Ratio: 16.34
Dividend Yield: 0.57%
Price Target: $494.40

Roper Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 12.6% Upside
$494.40 Price Target
Short Interest: Healthy
1.33% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.65
Upright™ Environmental Score
News Sentiment: 0.00
Based on 9 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.

2.46 out of 5 stars

Computer And Technology Sector

239th out of 659 stocks

Process Control Instruments Industry

8th out of 14 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 12.6% from its current price of $439.10.
Amount of Analyst Coverage
Roper Technologies has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.33% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Roper Technologies has recently increased by 8.46%, indicating that investor sentiment is decreasing significantly.

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.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 9 news articles for Roper Technologies this week, compared to 5 articles on an average week.
Search Interest
8 people have searched for ROP on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Roper Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% 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 16.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Roper Technologies is 16.34, 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 397.09.
Price to Earnings Growth Ratio
Roper Technologies has a PEG Ratio of 3.03. 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 3.39. 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 $5.40 during midday trading on Friday, reaching $439.10. 282,709 shares of the company traded hands, compared to its average volume of 420,691. Roper Technologies has a 12 month low of $369.51 and a 12 month high of $505.00. The firm's fifty day moving average price is $406.43 and its two-hundred day moving average price is $434.87. The company has a quick ratio of 1.55, a current ratio of 1.58 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $46.55 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 3.03 and a beta of 1.04.

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

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Investors of record on Friday, July 8th were given a $0.62 dividend. The ex-dividend date was Thursday, July 7th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.56%. Roper Technologies's dividend payout ratio (DPR) is presently 9.23%.

Analysts Set New Price Targets

Several research firms recently weighed in on ROP. Robert W. Baird reduced their price target on shares of Roper Technologies from $480.00 to $460.00 in a research report on Tuesday, July 26th. TheStreet lowered shares of Roper Technologies from a "b" rating to a "c+" rating in a research note on Friday, July 22nd. Cowen dropped their price objective on Roper Technologies from $545.00 to $500.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 26th. Barclays decreased their target price on Roper Technologies from $500.00 to $480.00 and set an "overweight" rating for the company in a research report on Friday, July 8th. Finally, The Goldman Sachs Group dropped their price target on Roper Technologies from $540.00 to $412.00 and set a "neutral" rating on the stock in a research report on Thursday, June 23rd. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Roper Technologies has a consensus rating of "Moderate Buy" and an average price target of $494.40.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Robert D. Johnson sold 250 shares of the company's stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $443.69, for a total value of $110,922.50. Following the transaction, the director now directly owns 5,869 shares in the company, valued at approximately $2,604,016.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.88% of the stock is owned by corporate insiders.

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ROP Stock News Headlines

August 10, 2022 | bizjournals.com

Atlanta law tech company Aderant acquires third software platform

August 9, 2022 | finance.yahoo.com

Roper Technologies' professional services subsidiary acquires law tech platform

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