Market Resilience: Roper Technologies Inc (ROP) Finishes Strong at 540.89, Up 1.68

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Roper Technologies Inc (NASDAQ: ROP) closed the day trading at $540.89 up 1.68% from the previous closing price of $531.97. In other words, the price has increased by $1.68 from its previous closing price. On the day, 1.07 million shares were traded. ROP stock price reached its highest trading level at $548.19 during the session, while it also had its lowest trading level at $534.615.

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 230.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.38.

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 the company, Robert W. Baird on Jul-26-24, Upgraded its rating to Outperform and sets its target price to $635 from $617 previously.

Oppenheimer reiterated its Outperform rating for the stock on March 22, 2024, while the target price for the stock was revised from $580 to $650.

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 Jun 20 ’24 when Conley Jason sold 3,500 shares for $563.02 per share. The transaction valued at 1,970,555 led to the insider holds 33,685 shares of the business.

WRIGHT CHRISTOPHER sold 400 shares of ROP for $220,696 on Jun 18 ’24. The Director now owns 35,550 shares after completing the transaction at $551.74 per share. On Jun 07 ’24, another insider, WRIGHT CHRISTOPHER, who serves as the Director of the company, sold 300 shares for $554.67 each. As a result, the insider received 166,401 and left with 35,247 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 57899573248 and an Enterprise Value of 65101717504. As of this moment, Roper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.50, and their Forward P/E ratio for the next fiscal year is 27.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.81 while its Price-to-Book (P/B) ratio in mrq is 3.25. Its current Enterprise Value per Revenue stands at 9.902 whereas that against EBITDA is 24.406.

Stock Price History:

Over the past 52 weeks, ROP has reached a high of $579.10, while it has fallen to a 52-week low of $474.46. The 50-Day Moving Average of the stock is -1.96%, while the 200-Day Moving Average is calculated to be 0.82%.

Shares Statistics:

Over the past 3-months, ROP traded about 545.25K shares per day on average, while over the past 10 days, ROP traded about 694080 shares per day. A total of 106.90M shares are outstanding, with a floating share count of 106.60M. Insiders hold about 0.42% of the company’s shares, while institutions hold 93.53% stake in the company. Shares short for ROP as of 1721001600 were 1340700 with a Short Ratio of 2.46, compared to 1718323200 on 1349273. Therefore, it implies a Short% of Shares Outstanding of 1340700 and a Short% of Float of 1.26.

Dividends & Splits

ROP’s forward annual dividend rate is 2.93, up from 2.933 a year ago. Against a Trailing Annual Dividend Yield of 0.005513469The stock’s 5-year Average Dividend Yield is 0.53.

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