Roper Technologies (ROP) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $556.08 to $561.73
• 50-Day Range: $515.25 to $576.55
• 52-Week Range: $474.46 to $579.10
• Volume: 521,362 shs
• Average Volume: 498,379 shs
• Market Capitalization: $60.04 billion
• P/E Ratio: 40.70
• Dividend Yield: 0.53%
• Price Target: $616.00
• Consensus Rating: Moderate Buy

Roper Technologies Stock Analysis - MarketRank™

Roper Technologies scored higher than 78% of companies evaluated by MarketBeat, and ranked 152nd out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Roper Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Roper Technologies has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.31%

Earnings Growth

Earnings for Roper Technologies are expected to grow by 8.31% in the coming year, from $18.16 to $19.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Roper Technologies is 40.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of Roper Technologies is 40.70, 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 277.17.

Price to Earnings Growth Ratio

Roper Technologies has a PEG Ratio of 2.89. 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 3.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ROP.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Roper Technologies has a dividend yield of 0.54%, 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 21.77%. 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 15.25% next year. This indicates that Roper Technologies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -1.65

Short Interest

There is no current short interest data available for ROP.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.87

News Sentiment

Roper Technologies has a news sentiment score of 0.87. 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 0.46 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Roper Technologies this week, compared to 9 articles on an average week.

Search Interest

Only 2 people have searched for ROP on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.

MarketBeat Follows

6 people have added Roper Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $2,047,618.00 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.

ROP Stock Analysis - Frequently Asked Questions

How have ROP shares performed this year?

Roper Technologies' stock was trading at $545.17 on January 1st, 2024. Since then, ROP shares have increased by 2.9% and is now trading at $560.86.
View the best growth stocks for 2024 here.

How were Roper Technologies' earnings last quarter?

Roper Technologies, Inc. (NYSE:ROP) announced its quarterly earnings data on Wednesday, July, 24th. The industrial products company reported $4.48 EPS for the quarter, topping analysts' consensus estimates of $4.46 by $0.02. The industrial products company earned $1.72 billion during the quarter, compared to the consensus estimate of $1.72 billion. Roper Technologies had a net margin of 22.14% and a trailing twelve-month return on equity of 10.77%.

Does Roper Technologies have any subsidiaries?

The following companies are subsidiaries of Roper Technologies: Horizon Lab Systems LLC, American LegalNet Inc, EPSI, WELIS, Impact Financial Systems, Vertafore, Team TSI Corporation, and more.

Who are Roper Technologies' major shareholders?

Roper Technologies' top institutional shareholders include Principal Financial Group Inc. (2.51%), Bank of New York Mellon Corp (1.13%), Mackenzie Financial Corp (1.05%) and Legal & General Group Plc (0.85%). Insiders that own company stock include Laurence Neil Hunn, Christopher Wright, Jason Conley, Shellye L Archambeau, Robert D Johnson, Richard F Wallman and John K Stipancich.
View institutional ownership trends.

How do I buy shares of Roper Technologies?

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.

What other stocks do shareholders of Roper Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Johnson & Johnson (JNJ).

Company Calendar

• Ex-Dividend for 7/22 Dividend: 7/08/2024
• Dividend Payable: 7/22/2024
• Last Earnings: 7/24/2024
• Today: 9/19/2024
• Ex-Dividend for 10/21 Dividend: 10/08/2024
• Dividend Payable: 10/21/2024
• Next Earnings (Estimated): 10/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Process control instruments
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NYSE:ROP
• CUSIP: 77669610
• CIK: 882835
• Web: www.ropertech.com
• Phone: (941) 556-2601
• Fax: 941-556-2670
• Employees: 16,800
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $616.00
• High Stock Price Target: $675.00
• Low Stock Price Target: $530.00
• Potential Upside/Downside: +9.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $13.78
• Trailing P/E Ratio: 40.70
• Forward P/E Ratio: 30.88
• P/E Growth: 2.89
• Net Income: $1.38 billion
• Net Margins: 22.14%
• Pretax Margin: 27.81%
• Return on Equity: 10.77%
• Return on Assets: 6.53%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 0.53
• Quick Ratio: 0.48

Sales & Book Value

• Annual Sales: $6.57 billion
• Price / Sales: 9.13
• Cash Flow: $24.37 per share
• Price / Cash Flow: 23.01
• Book Value: $163.31 per share
• Price / Book: 3.43

Miscellaneous

• Outstanding Shares: 107,045,000
• Free Float: 106,114,000
• Market Cap: $60.04 billion
• Optionable: Optionable
• Beta: 1.02