Media headlines about Roper Technologies (NYSE:ROP) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Roper Technologies earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.4803286375702 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
Several research firms recently commented on ROP. Oppenheimer increased their price objective on Roper Technologies from $257.00 to $275.00 and gave the company an “outperform” rating in a research report on Tuesday, October 31st. Cowen reaffirmed a “buy” rating and set a $250.00 price objective on shares of Roper Technologies in a research report on Thursday, October 12th. Zacks Investment Research cut Roper Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Royal Bank of Canada raised their target price on Roper Technologies from $259.00 to $282.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 31st. Finally, JPMorgan Chase & Co. raised Roper Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $223.00 to $275.00 in a research report on Wednesday, September 20th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $256.27.
Roper Technologies (NYSE ROP) opened at $275.28 on Friday. Roper Technologies has a 12 month low of $185.10 and a 12 month high of $275.52. The company has a market capitalization of $28,180.00, a PE ratio of 40.01, a PEG ratio of 2.19 and a beta of 1.06. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.07 and a quick ratio of 0.94.
Roper Technologies (NYSE:ROP) last announced its quarterly earnings results on Monday, October 30th. The industrial products company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.06. Roper Technologies had a net margin of 16.17% and a return on equity of 14.47%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the firm posted $1.65 EPS. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. research analysts expect that Roper Technologies will post 9.31 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be issued a dividend of $0.4125 per share. This is an increase from Roper Technologies’s previous quarterly dividend of $0.35. This represents a $1.65 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Monday, January 8th. Roper Technologies’s dividend payout ratio (DPR) is currently 23.98%.
In other Roper Technologies news, Director Robert E. Knowling, Jr. sold 4,000 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $259.51, for a total value of $1,038,040.00. Following the completion of the transaction, the director now directly owns 14,038 shares of the company’s stock, valued at $3,643,001.38. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Christopher Wright sold 250 shares of the business’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $258.64, for a total transaction of $64,660.00. Following the completion of the transaction, the director now directly owns 64,450 shares of the company’s stock, valued at $16,669,348. The disclosure for this sale can be found here. Insiders have sold a total of 86,950 shares of company stock valued at $22,574,581 over the last three months. 2.50% of the stock is currently owned by insiders.
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About Roper Technologies
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