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NYSE:ROP

Roper Technologies (ROP) Stock Price, News & Analysis

Roper Technologies logo
$525.40 +3.65 (+0.70%)
(As of 12/20/2024 05:31 PM ET)

About Roper Technologies Stock (NYSE:ROP)

Key Stats

Today's Range
$518.50
$530.54
50-Day Range
$521.75
$575.95
52-Week Range
$508.22
$580.09
Volume
1.51 million shs
Average Volume
504,727 shs
Market Capitalization
$56.34 billion
P/E Ratio
38.43
Dividend Yield
0.63%
Price Target
$615.20
Consensus Rating
Moderate Buy

Company Overview

Roper Technologies, Inc. designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and 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. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; data analytics and information; and pharmacy software solutions. The Technology Enabled Products segment offers ultrasound accessories; dispensers and metering pumps; wireless sensor network and solutions automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; RFID card readers; and medical devices. It distributes and sells its products through direct sales, manufacturers' representatives, resellers, and distributors. 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 Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
82nd Percentile Overall Score

ROP MarketRank™: 

Roper Technologies scored higher than 82% of companies evaluated by MarketBeat, and ranked 169th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Roper Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Roper Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Roper Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Roper Technologies are expected to grow by 9.20% in the coming year, from $18.26 to $19.94 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Roper Technologies is 38.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Roper Technologies is 38.43, 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 238.08.

  • Price to Earnings Growth Ratio

    Roper Technologies has a PEG Ratio of 2.84. 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 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for ROP.
  • Dividend Yield

    Roper Technologies has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Roper Technologies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Roper Technologies is 24.14%. 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 16.55% next year. This indicates that Roper Technologies will be able to sustain or increase its dividend.

  • Read more about Roper Technologies' dividend.
  • Short Interest

    There is no current short interest data available for ROP.
  • News Sentiment

    Roper Technologies has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Roper Technologies this week, compared to 11 articles on an average week.
  • Search Interest

    7 people have searched for ROP on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Roper Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • 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 $550,000.00 in company stock.

  • Percentage Held by Insiders

    Only 0.87% of the stock of Roper Technologies is held by insiders.

  • Percentage Held by Institutions

    93.31% of the stock of Roper Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Roper Technologies' insider trading history.
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ROP Stock Analysis - Frequently Asked Questions

Roper Technologies' stock was trading at $545.17 at the beginning of the year. Since then, ROP stock has decreased by 3.6% and is now trading at $525.40.
View the best growth stocks for 2024 here
.

Roper Technologies, Inc. (NYSE:ROP) announced its quarterly earnings results on Wednesday, October, 23rd. The industrial products company reported $4.62 EPS for the quarter, topping analysts' consensus estimates of $4.53 by $0.09. Roper Technologies's revenue was up 11.7% compared to the same quarter last year.

Roper Technologies subsidiaries include these companies: Horizon Lab Systems LLC, American LegalNet Inc, EPSI, WELIS, Impact Financial Systems, Vertafore, Team TSI Corporation, and others.

Top institutional investors of Roper Technologies include State Street Corp (4.41%), Franklin Resources Inc. (2.85%), Principal Financial Group Inc. (2.51%) and Geode Capital Management LLC (2.28%). Insiders that own company stock include Laurence Neil Hunn, Christopher Wright, Jason Conley, Richard F Wallman, Shellye L Archambeau and Robert D Johnson.
View institutional ownership trends
.

Shares of ROP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Roper Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Advanced Micro Devices (AMD), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 10/21 Dividend
10/08/2024
Dividend Payable
10/21/2024
Last Earnings
10/23/2024
Today
12/22/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 1/17 Dividend
1/03/2025
Dividend Payable
1/17/2025

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electrical Components & Equipment
CUSIP
77669610
Employees
16,800
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$615.20
High Stock Price Target
$666.00
Low Stock Price Target
$535.00
Potential Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
27.35%

Debt

Sales & Book Value

Annual Sales
$6.78 billion
Cash Flow
$23.16 per share
Book Value
$163.31 per share

Miscellaneous

Free Float
106,296,000
Market Cap
$56.34 billion
Optionable
Optionable
Beta
1.02

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This page (NYSE:ROP) was last updated on 12/23/2024 by MarketBeat.com Staff
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