Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Roper Technologies Inc (NASDAQ: ROP) closed the day trading at $513.58 down -2.51% from the previous closing price of $526.78. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 0.69 million shares were traded. ROP stock price reached its highest trading level at $526.2857 during the session, while it also had its lowest trading level at $511.62.
Ratios:
For a better understanding of ROP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 277.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.00. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.49. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on March 22, 2024, Reiterated its Outperform rating but revised its target price to $650 from $580 previously.
On January 04, 2024, TD Cowen Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $535.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when WRIGHT CHRISTOPHER sold 200 shares for $549.71 per share. The transaction valued at 109,941 led to the insider holds 35,547 shares of the business.
WRIGHT CHRISTOPHER sold 300 shares of ROP for $164,100 on Feb 16 ’24. The Director now owns 35,747 shares after completing the transaction at $547.00 per share. On Dec 01 ’23, another insider, JOHNSON ROBERT D, who serves as the Director of the company, sold 250 shares for $538.25 each. As a result, the insider received 134,562 and left with 5,346 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROP now has a Market Capitalization of 56377221120 and an Enterprise Value of 62476660736. As of this moment, Roper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.79, and their Forward P/E ratio for the next fiscal year is 26.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.60 while its Price-to-Book (P/B) ratio in mrq is 3.15. Its current Enterprise Value per Revenue stands at 9.779 whereas that against EBITDA is 24.111.
Stock Price History:
The Beta on a monthly basis for ROP is 0.99, which has changed by 0.11473346 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ROP has reached a high of $565.00, while it has fallen to a 52-week low of $435.49. The 50-Day Moving Average of the stock is -5.73%, while the 200-Day Moving Average is calculated to be -1.25%.
Shares Statistics:
Over the past 3-months, ROP traded about 517.66K shares per day on average, while over the past 10 days, ROP traded about 580220 shares per day. A total of 106.90M shares are outstanding, with a floating share count of 106.57M. Insiders hold about 0.42% of the company’s shares, while institutions hold 94.93% stake in the company. Shares short for ROP as of 1713139200 were 987142 with a Short Ratio of 1.91, compared to 1710460800 on 1175509. Therefore, it implies a Short% of Shares Outstanding of 987142 and a Short% of Float of 0.9299999999999999.
Dividends & Splits
ROP’s forward annual dividend rate is 2.87, up from 2.865 a year ago. Against a Trailing Annual Dividend Yield of 0.0054387026The stock’s 5-year Average Dividend Yield is 0.52. The current Payout Ratio is 22.02% for ROP, which recently paid a dividend on 2024-04-04 with an ex-dividend date of 1712188800. Stock splits for the company last occurred on 2005-08-29 when the company split stock in a 2:1 ratio.
Earnings Estimates
The current rating of Roper Technologies Inc (ROP) is the result of assessments by 12.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $4.48 for the current quarter, with a high estimate of $4.55 and a low estimate of $4.4, while EPS last year was $4.12. The consensus estimate for the next quarter is $4.62, with high estimates of $4.72 and low estimates of $4.56.
Analysts are recommending an EPS of between $18.49 and $18.03 for the fiscal current year, implying an average EPS of $18.16. EPS for the following year is $19.87, with 14.0 analysts recommending between $22.27 and $19.05.
Revenue Estimates
12 analysts predict $1.73B in revenue for the current quarter. It ranges from a high estimate of $1.76B to a low estimate of $1.69B. As of the current estimate, Roper Technologies Inc’s year-ago sales were $1.5BFor the next quarter, 12 analysts are estimating revenue of $1.74B. There is a high estimate of $1.78B for the next quarter, whereas the lowest estimate is $1.72B.
A total of 15 analysts have provided revenue estimates for ROP’s current fiscal year. The highest revenue estimate was $6.96B, while the lowest revenue estimate was $6.85B, resulting in an average revenue estimate of $6.91B. In the same quarter a year ago, actual revenue was $6.18BBased on 15 analysts’ estimates, the company’s revenue will be $7.43B in the next fiscal year. The high estimate is $7.97B and the low estimate is $7.25B.
