Brokerages expect that Roper Technologies, Inc. (NYSE:ROP) will post $3.75 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Roper Technologies’ earnings, with the lowest EPS estimate coming in at $3.65 and the highest estimate coming in at $4.01. Roper Technologies reported earnings of $3.56 per share during the same quarter last year, which would indicate a positive year over year growth rate of 5.3%. The firm is scheduled to report its next earnings results on Friday, February 4th.
According to Zacks, analysts expect that Roper Technologies will report full-year earnings of $14.58 per share for the current financial year, with EPS estimates ranging from $14.11 to $15.28. For the next fiscal year, analysts forecast that the business will post earnings of $15.43 per share, with EPS estimates ranging from $14.92 to $16.45. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that cover Roper Technologies.
Roper Technologies (NYSE:ROP) last posted its earnings results on Thursday, October 21st. The industrial products company reported $3.91 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.83 by $0.08. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.62 billion. Roper Technologies had a net margin of 18.42% and a return on equity of 14.17%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.17 earnings per share.
Shares of Roper Technologies stock traded down $0.77 on Thursday, reaching $484.87. The stock had a trading volume of 340,012 shares, compared to its average volume of 453,750. The business’s 50-day moving average price is $472.61 and its two-hundred day moving average price is $470.52. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.77 and a current ratio of 0.83. Roper Technologies has a fifty-two week low of $365.23 and a fifty-two week high of $505.00. The stock has a market cap of $51.12 billion, a P/E ratio of 46.00, a price-to-earnings-growth ratio of 3.13 and a beta of 1.06.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 24th. Stockholders of record on Monday, January 10th will be issued a $0.62 dividend. This is a positive change from Roper Technologies’s previous quarterly dividend of $0.56. The ex-dividend date of this dividend is Friday, January 7th. This represents a $2.48 annualized dividend and a dividend yield of 0.51%. Roper Technologies’s dividend payout ratio is presently 21.35%.
In related news, Director Robert D. Johnson sold 500 shares of the stock in a transaction that occurred on Wednesday, September 1st. The shares were sold at an average price of $483.35, for a total value of $241,675.00. Following the sale, the director now directly owns 7,269 shares in the company, valued at approximately $3,513,471.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John K. Stipancich sold 1,000 shares of the stock in a transaction that occurred on Friday, November 19th. The shares were sold at an average price of $500.00, for a total transaction of $500,000.00. The disclosure for this sale can be found here. 0.80% of the stock is currently owned by corporate insiders.
Hedge funds have recently made changes to their positions in the business. Reilly Financial Advisors LLC raised its holdings in Roper Technologies by 66.7% during the 2nd quarter. Reilly Financial Advisors LLC now owns 55 shares of the industrial products company’s stock worth $26,000 after buying an additional 22 shares during the period. JNBA Financial Advisors grew its stake in shares of Roper Technologies by 124.0% during the 3rd quarter. JNBA Financial Advisors now owns 56 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 31 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Roper Technologies during the 2nd quarter worth approximately $29,000. MUFG Americas Holdings Corp grew its stake in shares of Roper Technologies by 185.0% during the 2nd quarter. MUFG Americas Holdings Corp now owns 57 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 37 shares in the last quarter. Finally, Sage Private Wealth Group LLC bought a new position in shares of Roper Technologies during the 3rd quarter worth approximately $28,000. Hedge funds and other institutional investors own 91.41% of the company’s stock.
Roper Technologies Company Profile
Roper Technologies, Inc is diversified technology company, which engages in the provision of engineered products and solutions for the global niche markets. It operates through the following segments: Application Software, Network Software and Systems, Measurement and Analytical Solutions, and Process Technologies.
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