NYSE:ROPRoper Technologies Stock Price, Forecast & News

$390.02

-3.78 (-0.96 %)

(As of 06/1/2020 11:33 AM ET)

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Today's Range

$389.23

Now: $390.02▼

$393.32

50-Day Range

$306.41

MA: $340.75▼

$381.73

52-Week Range

$240.00

Now: $390.02▼

$395.00

Volume6,997 shs

Average Volume608,332 shs

Market Capitalization$40.72 billion

P/E Ratio25.03

Dividend Yield0.52%

Beta1.06

Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide. The company operates in four segments: Application Software; Network Software & Systems; Measurement & Analytical Solutions; and Process Technologies. It offers application management software, software-as-a-service applications, card systems/integrated security, toll and traffic systems, radio frequency identification card readers, and metering and remote monitoring products. The company also offers diagnostic and laboratory software; patient positioning devices and related software, 3-D measurement technology, and diagnostic and therapeutic disposable products; non-invasive instruments and video laryngoscopes; and a cloud-based financial analytics and performance software platform, as well as digital imaging products and software. In addition, it offers water and automatic meter reading products and systems, fluid handling pumps, materials analysis equipment and consumables, flow measurement and metering equipment, industrial valves and controls, and industrial leak testing products. Further, it provides control systems, fluid properties testing equipment, sensors and controls, valves, and non-destructive inspection and measurement solutions. The company offers application management software to government contractors, professional services firms, and other project-based businesses; law and other professional firms; and companies in asset-intensive industries. It serves food, construction, healthcare, education, manufacturing, academic, government research, semiconductor, security, water management, oil and gas, agricultural, water and wastewater, chemical, general industries, material science, steel, automotive, electronics, mining, and research end-user markets. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. Roper Technologies, Inc. was founded in 1981 and is based in Sarasota, Florida.

Beat the Market (BTM) Rank^™

1.4 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 6 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $385.89, Roper Technologies has a potential downside of 1.5% from its current price of $391.82.
Amount of Analyst Coverage
Roper Technologies has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Roper Technologies has received 492 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Roper Technologies has received 480 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Roper Technologies has received 50.62% “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.

5.0 Dividend Strength

Dividend Leadership
Roper Technologies is a leading dividend payer. It pays a dividend yield of 0.52%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Roper Technologies has been increasing its dividend for 21 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 15.84 % next year. This indicates that Roper Technologies will be able to sustain or increase its dividend.

1.0 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 $5,219,937.00 in company stock.
Percentage Held by Insiders
Only 0.86% of the stock of Roper Technologies is held by insiders.
Percentage Held by Institutions
92.33% of the stock of Roper Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Roper Technologies are expected to grow by 6.59% in the coming year, from $12.14 to $12.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Roper Technologies is 25.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Roper Technologies is 25.15, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.56.
Price to Earnings Growth Ratio
Roper Technologies has a PEG Ratio of 3.09. 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 4.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.10 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

Debt

Debt-to-Equity Ratio0.49

Current Ratio0.96

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio25.03

Forward P/E Ratio32.13

P/E Growth3.09

Sales & Book Value

Annual Sales$5.37 billion

Price / Sales7.59

Cash Flow$17.08 per share

Price / Cash Flow22.83

Book Value$91.22 per share

Price / Book4.28

Profitability

EPS (Most Recent Fiscal Year)$13.05

Net Income$1.77 billion

Net Margins30.17%

Return on Equity14.94%

Return on Assets7.69%

Miscellaneous

Employees16,460

Outstanding Shares104,400,000

Market Cap$40.72 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Roper Technologies (NYSE:ROP) Frequently Asked Questions

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

Roper Technologies' stock was trading at $323.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ROP stock has increased by 21.3% and is now trading at $391.82. View which stocks have been most impacted by Coronavirus.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roper Technologies in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Roper Technologies.

When is Roper Technologies' next earnings date?

Roper Technologies is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Roper Technologies.

How were Roper Technologies' earnings last quarter?

Roper Technologies Inc (NYSE:ROP) issued its earnings results on Tuesday, April, 28th. The industrial products company reported $3.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.91 by $0.14. The industrial products company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.29 billion. Roper Technologies had a return on equity of 14.94% and a net margin of 30.17%. The business's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.30 EPS. View Roper Technologies' earnings history.

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

Roper Technologies announced a quarterly dividend on Tuesday, March 17th. Stockholders of record on Wednesday, April 8th will be given a dividend of $0.5125 per share on Wednesday, April 22nd. This represents a $2.05 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Tuesday, April 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 updated its second quarter earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $2.50 to $2.70 for the period, compared to the Thomson Reuters consensus estimate of $2.90.

What price target have analysts set for ROP?

8 brokers have issued twelve-month target prices for Roper Technologies' shares. Their forecasts range from $298.00 to $440.00. On average, they expect Roper Technologies' share price to reach $385.89 in the next year. This suggests that the stock has a possible downside of 1.5%. View analysts' price targets for Roper Technologies.

Has Roper Technologies been receiving favorable news coverage?

News coverage about ROP stock has trended somewhat positive on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Roper Technologies earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutRoper Technologies.

Who are some of Roper Technologies' key competitors?

Some companies that are related to Roper Technologies include Emerson Electric (EMR), Eaton (ETN), Rockwell Automation (ROK), AMETEK (AME), Enphase Energy (ENPH), Generac (GNRC), II-VI (IIVI), Acuity Brands (AYI), Regal Beloit (RBC), EnerSys (ENS), Brady (BRC), Vicor (VICR), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). 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, L.P (CLMT), Two Harbors Investment (TWO), Novocure (NVCR), Blackrock Capital Investment (BKCC), Viper Energy Partners (VNOM), Summit Midstream Partners (SMLP), Washington Prime Group (WPG) and Johnson & Johnson (JNJ).

Who are Roper Technologies' key executives?

Roper Technologies' management team includes the following people:

Mr. Laurence Neil Hunn, Pres, CEO & Director (Age 47)
Mr. Robert Crisci, Exec. VP & CFO (Age 43)
Mr. John K. Stipancich, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50)
Mr. Zack Moxcey, VP of Investor Relations
Mr. Greg L. Anderson, VP of HR

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.72%), Franklin Resources Inc. (4.20%), State Street Corp (4.12%), Massachusetts Financial Services Co. MA (1.91%), Nuveen Asset Management LLC (1.67%) and Akre Capital Management LLC (1.63%). 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 Franklin Resources Inc., UBS Group AG, Victory Capital Management Inc., Victory Capital Management Inc., Janus Henderson Group PLC, Massachusetts Financial Services Co. MA, Schroder Investment Management Group, and BlackRock Inc.. Company insiders that have sold Roper Technologies company stock in the last year include Amy Woods Brinkley, Christopher Wright, Jason Conley, John F Fort III, John K Stipancich, Robert Crisci, Robert D Johnson, Robert E Knowling Jr, and Wilbur J Prezzano. View insider buying and selling activity for Roper Technologies.

Which institutional investors are buying Roper Technologies stock?

ROP stock was bought by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Invesco Ltd., Third Point LLC, Principal Financial Group Inc., Alyeska Investment Group L.P., Akre Capital Management LLC, Compass Capital Management Inc., and Swiss National Bank. 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 $391.82.

How big of a company is Roper Technologies?

Roper Technologies has a market capitalization of $40.91 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 6/1/2020 by MarketBeat.com Staff