Rogers (NYSE:ROG) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Rogers (NYSE:ROG) from a hold rating to a buy rating in a research note released on Sunday.

A number of other research firms have also recently issued reports on ROG. Zacks Research cut shares of Rogers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, B. Riley Financial lifted their target price on shares of Rogers to $200.00 and gave the company a “buy” rating in a research report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $200.00.

Rogers Stock Performance

NYSE ROG opened at $126.55 on Friday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 72.31 and a beta of 0.52. The stock has a 50-day moving average of $140.72 and a 200 day moving average of $127.39. Rogers has a twelve month low of $75.14 and a twelve month high of $169.00.

Rogers (NYSE:ROG) last issued its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.92 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.07). The business had revenue of $216.80 million during the quarter, compared to analyst estimates of $215.00 million. Rogers had a net margin of 3.75% and a return on equity of 5.17%. Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. Equities analysts predict that Rogers will post 3.83 EPS for the current fiscal year.

Institutional Trading of Rogers

Several large investors have recently made changes to their positions in the company. State of Wyoming purchased a new position in Rogers in the 2nd quarter valued at $42,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Rogers during the second quarter worth $67,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Rogers during the fourth quarter worth $42,000. Parallel Advisors LLC grew its holdings in shares of Rogers by 19.7% during the first quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after buying an additional 144 shares in the last quarter. Finally, Nykredit A S acquired a new stake in shares of Rogers in the second quarter valued at about $149,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Key Rogers News

Here are the key news stories impacting Rogers this week:

• Neutral Sentiment: Mike Rogers’ support for a statewide Michigan data-center pause or moratorium was covered by several outlets. While data-center investment can influence demand for electronic materials, these articles do not involve Rogers Corporation or indicate any change to its business. Mike Rogers backs data center pause at campaign stop in Detroit After data center investments revealed, Rogers backs statewide moratorium
• Neutral Sentiment: Other articles discuss Michigan Senate polling, Mike Rogers’ outreach to Democrats, education programs, animal adoptions, and unrelated entertainment and sports stories. These reports are not relevant to ROG’s valuation. Abdul El-Sayed and Mike Rogers latest polls Erin Gray on Buck Rogers and auditioning for Star Trek Voyager
• Neutral Sentiment: A report about a Canadian Rogers customer affected by a cell-phone delivery scam refers to Rogers Communications and has no connection to Rogers Corporation. B.C. Rogers customer owes $4,000 after falling for cell phone delivery scam

About Rogers

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.