Rogers Co. (NYSE:ROG - Get Free Report)'s stock price hit a new 52-week low on Thursday . The company traded as low as $71.76 and last traded at $72.64, with a volume of 87785 shares traded. The stock had previously closed at $74.43.
Rogers Trading Down 1.0 %
The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 55.05 and a beta of 0.56. The stock's 50 day moving average is $88.92 and its two-hundred day moving average is $98.75.
Rogers (NYSE:ROG - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The electronics maker reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The company had revenue of $192.20 million during the quarter, compared to the consensus estimate of $191.75 million. Rogers had a net margin of 3.14% and a return on equity of 3.98%. During the same quarter in the prior year, the firm earned $0.60 EPS. On average, sell-side analysts predict that Rogers Co. will post 3.57 EPS for the current year.
Hedge Funds Weigh In On Rogers
A number of large investors have recently made changes to their positions in ROG. Oppenheimer Asset Management Inc. purchased a new position in shares of Rogers in the 3rd quarter valued at about $388,000. KBC Group NV increased its holdings in Rogers by 54.5% during the 3rd quarter. KBC Group NV now owns 669 shares of the electronics maker's stock valued at $76,000 after acquiring an additional 236 shares in the last quarter. Nuance Investments LLC increased its holdings in Rogers by 70.2% during the 3rd quarter. Nuance Investments LLC now owns 639,936 shares of the electronics maker's stock valued at $72,319,000 after acquiring an additional 263,898 shares in the last quarter. Intech Investment Management LLC increased its holdings in Rogers by 38.0% during the 3rd quarter. Intech Investment Management LLC now owns 9,836 shares of the electronics maker's stock valued at $1,112,000 after acquiring an additional 2,707 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Rogers by 5.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,603 shares of the electronics maker's stock worth $25,947,000 after purchasing an additional 11,876 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.
Rogers Company Profile
(
Get Free Report)
Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.
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