Roper Technologies (ROP) Earns News Impact Rating of 0.23
News headlines about Roper Technologies (NYSE:ROP) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Roper Technologies earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.7396056836922 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s rankings:
- Roper Technologies, Inc. (NYSE:ROP) Shares Sold by Beck Mack & Oliver LLC (elcumanes.com)
- Russell Investments Group Ltd. Purchases 32770 Shares of Roper Technologies, Inc. (ROP) (expressnewsline.com)
- Roper Technologies, Inc. (ROP) Shares Bought by Palisade Capital Management LLC NJ (wisdomsave.com)
- Analysts Anticipate Roper Technologies, Inc (ismboard.com)
- Lincluden Management Ltd. Lowers Position in Teva Pharmaceutical Industries Limited (NYSE:TEVA) (vothemes.com)
A number of research analysts have weighed in on ROP shares. Cowen and Company reiterated an “outperform” rating and issued a $250.00 target price (up from $220.00) on shares of Roper Technologies in a research note on Monday, April 17th. Barclays PLC dropped their target price on shares of Roper Technologies from $223.00 to $221.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $248.00 target price (up from $245.00) on shares of Roper Technologies in a research note on Monday, May 1st. Zacks Investment Research upgraded shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $244.00 target price on the stock in a research note on Monday, May 1st. Finally, Raymond James Financial, Inc. boosted their target price on shares of Roper Technologies from $253.00 to $268.00 in a research note on Wednesday, July 5th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Roper Technologies currently has an average rating of “Buy” and an average price target of $238.42.
Roper Technologies (ROP) traded down 2.28% during mid-day trading on Thursday, reaching $229.16. 602,564 shares of the company were exchanged. The stock has a market capitalization of $23.42 billion, a price-to-earnings ratio of 34.31 and a beta of 1.04. The stock has a 50 day moving average of $234.16 and a 200-day moving average of $217.94. Roper Technologies has a one year low of $167.50 and a one year high of $238.49.
Roper Technologies (NYSE:ROP) last posted its quarterly earnings data on Monday, July 31st. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.02. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. Roper Technologies had a net margin of 16.44% and a return on equity of 13.66%. The firm’s revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.56 earnings per share. On average, equities analysts expect that Roper Technologies will post $9.27 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend was Wednesday, July 5th. Roper Technologies’s payout ratio is 20.96%.
In other Roper Technologies news, Director Wilbur J. Prezzano sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $235.80, for a total transaction of $471,600.00. Following the sale, the director now owns 22,000 shares in the company, valued at approximately $5,187,600. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Christopher Wright sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $228.70, for a total transaction of $411,660.00. Following the sale, the director now owns 66,104 shares in the company, valued at approximately $15,117,984.80. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by company insiders.
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About Roper Technologies
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