Free Trial

Roper Technologies (ROP) Stock Price, News & Analysis

$551.48
+4.03 (+0.74%)
(As of 08/21/2024 ET)
Today's Range
$547.39
$551.91
50-Day Range
$515.25
$576.55
52-Week Range
$474.46
$579.10
Volume
324,374 shs
Average Volume
597,237 shs
Market Capitalization
$59.12 billion
P/E Ratio
40.02
Dividend Yield
0.54%
Price Target
$607.50

Roper Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
10.2% Upside
$607.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.65
Upright™ Environmental Score
News Sentiment
0.55mentions of Roper Technologies in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$2.21 M Sold Last Quarter
Proj. Earnings Growth
8.31%
From $18.16 to $19.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.96 out of 5 stars

Computer And Technology Sector

174th out of 594 stocks

Process Control Instruments Industry

7th out of 13 stocks

ROP stock logo

About Roper Technologies Stock (NYSE:ROP)

Roper Technologies, Inc. designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; data analytics and information; and pharmacy software solutions. The Technology Enabled Products segment offers ultrasound accessories; dispensers and metering pumps; wireless sensor network and solutions automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; RFID card readers; and medical devices. It distributes and sells its products through direct sales, manufacturers' representatives, resellers, and distributors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. The company was incorporated in 1981 and is based in Sarasota, Florida.

ROP Stock Price History

ROP Stock News Headlines

US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
Transact Campus Announces Sale to Roper
Roper Technologies to acquire Transact Campus
See More Headlines
Receive ROP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Roper Technologies and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 7/22 Dividend
7/08/2024
Dividend Payable
7/22/2024
Last Earnings
7/24/2024
Today
8/22/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electrical Components & Equipment
CUSIP
77669610
Employees
16,800
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$607.50
High Stock Price Target
$675.00
Low Stock Price Target
$530.00
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
27.81%

Debt

Sales & Book Value

Annual Sales
$6.18 billion
Cash Flow
$24.09 per share
Book Value
$163.31 per share

Miscellaneous

Free Float
106,114,000
Market Cap
$59.12 billion
Optionable
Optionable
Beta
1.02

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

Should I Buy Roper Technologies Stock? ROP Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Roper Technologies, Inc.:

  • Roper Technologies has a consistent dividend payout with a current yield of 0.53%, providing investors with a steady income stream.
  • Analysts have set a consensus target price of $604.33 for Roper Technologies, indicating potential for stock price appreciation.
  • Roper Technologies operates in three segments: Application Software, Network Software, and Technology Enabled Products, diversifying its revenue streams.
  • Recent analyst reports have upgraded Roper Technologies' rating to "strong buy" and "outperform," reflecting positive market sentiment.
  • The company's payout ratio is currently at 21.77%, indicating a healthy balance between dividend distribution and retained earnings for growth.

Cons

Investors should be bearish about investing in Roper Technologies, Inc. for these reasons:

  • Roper Technologies' stock price may be subject to volatility in the market, impacting short-term investor returns.
  • While the dividend yield is consistent, it is relatively low at 0.53%, which may not be attractive to investors seeking higher income.
  • There is competition in the software and technology sector, which could pose challenges to Roper Technologies' market share and growth prospects.
  • Recent price target adjustments by analysts, including both upgrades and downgrades, indicate uncertainty in the stock's future performance.
  • Investors should consider the overall market conditions and economic outlook when evaluating Roper Technologies as an investment option.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 8, 2024. Please send any questions or comments about these Roper Technologies pros and cons to contact@marketbeat.com.

ROP Stock Analysis - Frequently Asked Questions

How have ROP shares performed this year?

Roper Technologies' stock was trading at $545.17 at the beginning of the year. Since then, ROP shares have increased by 1.2% and is now trading at $551.48.
View the best growth stocks for 2024 here
.

How were Roper Technologies' earnings last quarter?

Roper Technologies, Inc. (NYSE:ROP) announced its earnings results on Wednesday, July, 24th. The industrial products company reported $4.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.46 by $0.02. The industrial products company had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.72 billion. Roper Technologies had a trailing twelve-month return on equity of 10.77% and a net margin of 22.14%.

What is Mike Epplen's approval rating as Roper Technologies' CEO?

27 employees have rated Roper Technologies Chief Executive Officer Mike Epplen on Glassdoor.com. Mike Epplen has an approval rating of 69% among the company's employees.

Does Roper Technologies have any subsidiaries?

The following companies are subsidiaries of Roper Technologies: Horizon Lab Systems LLC, American LegalNet Inc, EPSI, WELIS, Impact Financial Systems, Vertafore, Team TSI Corporation, and others.

Who are Roper Technologies' major shareholders?

Top institutional shareholders of Roper Technologies include Principal Financial Group Inc. (2.51%), Bank of New York Mellon Corp (1.13%), Mackenzie Financial Corp (1.05%) and Legal & General Group Plc (0.85%). Insiders that own company stock include Laurence Neil Hunn, Christopher Wright, Jason Conley, Shellye L Archambeau, Robert D Johnson, Richard F Wallman and John K Stipancich.
View institutional ownership trends
.

How do I buy shares of Roper Technologies?

Shares of ROP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Roper Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Roper Technologies investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners (CLMT), Two Harbors Investment (TWO), NovoCure (NVCR), BlackRock Capital Investment (BKCC) and Johnson & Johnson (JNJ).

This page (NYSE:ROP) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners