Analysts expect Roper Technologies Inc (NYSE:ROP) to report sales of $1.27 billion for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Roper Technologies’ earnings, with estimates ranging from $1.26 billion to $1.29 billion. Roper Technologies reported sales of $1.20 billion in the same quarter last year, which indicates a positive year over year growth rate of 5.8%. The firm is scheduled to announce its next quarterly earnings report on Friday, April 19th.

According to Zacks, analysts expect that Roper Technologies will report full year sales of $5.31 billion for the current fiscal year, with estimates ranging from $5.30 billion to $5.32 billion. For the next financial year, analysts anticipate that the business will post sales of $5.45 billion, with estimates ranging from $5.40 billion to $5.50 billion. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for Roper Technologies.

Roper Technologies (NYSE:ROP) last announced its quarterly earnings results on Friday, February 1st. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.09. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Roper Technologies had a return on equity of 16.57% and a net margin of 18.19%. The business’s revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the business posted $2.70 EPS.

ROP has been the topic of several recent analyst reports. Zacks Investment Research downgraded Roper Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. Wells Fargo & Co lifted their target price on Roper Technologies from $342.00 to $345.00 and gave the company an “outperform” rating in a research note on Monday, February 4th. ValuEngine raised Roper Technologies from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Barclays cut their target price on Roper Technologies from $299.00 to $287.00 and set an “equal weight” rating on the stock in a research note on Monday, December 17th. Finally, Stephens initiated coverage on Roper Technologies in a research note on Monday, November 19th. They set an “overweight” rating and a $333.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $321.25.

Shares of NYSE ROP traded up $5.84 during mid-day trading on Monday, hitting $311.96. The company had a trading volume of 351,596 shares, compared to its average volume of 411,515. The company has a current ratio of 1.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.64. The company has a market cap of $32.27 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 2.06 and a beta of 1.13. Roper Technologies has a 12 month low of $245.59 and a 12 month high of $312.65.

In other news, CFO Robert Crisci sold 4,000 shares of the business’s stock in a transaction on Wednesday, February 13th. The stock was sold at an average price of $307.44, for a total value of $1,229,760.00. Following the sale, the chief financial officer now owns 41,968 shares of the company’s stock, valued at approximately $12,902,641.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert E. Knowling, Jr. sold 1,000 shares of the business’s stock in a transaction on Monday, November 26th. The stock was sold at an average price of $286.07, for a total value of $286,070.00. Following the completion of the sale, the director now directly owns 13,038 shares in the company, valued at approximately $3,729,780.66. The disclosure for this sale can be found here. Insiders have sold a total of 19,750 shares of company stock worth $5,939,755 in the last ninety days. 2.30% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Cutler Group LP bought a new stake in shares of Roper Technologies in the 4th quarter worth $26,000. Berman Capital Advisors LLC acquired a new position in shares of Roper Technologies in the 4th quarter worth $26,000. Proficio Capital Partners LLC grew its holdings in shares of Roper Technologies by 115.8% in the 4th quarter. Proficio Capital Partners LLC now owns 123 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 66 shares during the last quarter. We Are One Seven LLC acquired a new position in shares of Roper Technologies in the 4th quarter worth $35,000. Finally, Claybrook Capital LLC acquired a new position in shares of Roper Technologies in the 4th quarter worth $35,000. 94.14% of the stock is currently owned by institutional investors.

Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID card readers, and metering and remote monitoring products.

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Earnings History and Estimates for Roper Technologies (NYSE:ROP)

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