Roper Technologies (ROP) Receiving Somewhat Favorable News Coverage, Accern Reports
News articles about Roper Technologies (NYSE:ROP) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Roper Technologies earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 45.332610445656 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Roper Technologies, Inc. (ROP) Upgraded at J P Morgan Chase & Co (americanbankingnews.com)
- Appetize POS platform powers Cbord’s on-campus purchasing program (greensheet.com)
- Frost & Sullivan Recognizes Sunquest for its Strides in Precision Medicine and Patient-Centered Healthcare (broadwayworld.com)
- DAT Provides Resources and Funds for Hurricane Relief (finance.yahoo.com)
- Roper Technologies (ROP) versus KLX (KLXI) Financial Comparison (americanbankingnews.com)
Shares of Roper Technologies (NYSE ROP) opened at 246.22 on Thursday. The stock has a market cap of $25.17 billion, a P/E ratio of 36.86 and a beta of 1.05. The stock has a 50 day moving average of $233.00 and a 200 day moving average of $224.52. Roper Technologies has a one year low of $167.50 and a one year high of $247.30.
Roper Technologies (NYSE:ROP) last issued its earnings results on Monday, July 31st. The industrial products company reported $2.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.22 by $0.02. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $1.56 earnings per share. Equities analysts expect that Roper Technologies will post $9.28 EPS for the current fiscal year.
Several equities research analysts recently commented on the stock. J P Morgan Chase & Co upgraded shares of Roper Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $223.00 to $275.00 in a research note on Wednesday. Zacks Investment Research lowered shares of Roper Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Oppenheimer Holdings, Inc. lifted their price target on shares of Roper Technologies from $250.00 to $257.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 1st. Canaccord Genuity reiterated a “hold” rating and set a $225.00 price target on shares of Roper Technologies in a research note on Tuesday, August 1st. Finally, BidaskClub lowered shares of Roper Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $243.08.
In other news, Director Laura G. Thatcher sold 1,000 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $235.47, for a total transaction of $235,470.00. Following the completion of the transaction, the director now owns 11,000 shares in the company, valued at $2,590,170. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Wilbur J. Prezzano sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $235.80, for a total transaction of $471,600.00. Following the transaction, the director now owns 22,000 shares of the company’s stock, valued at approximately $5,187,600. The disclosure for this sale can be found here. Insiders have sold 6,500 shares of company stock valued at $1,529,530 in the last 90 days. Insiders own 2.50% of the company’s stock.
About Roper Technologies
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