Roper Technologies Inc (NYSE:ROP) Director Christopher Wright sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $280.08, for a total transaction of $420,120.00. Following the transaction, the director now directly owns 62,050 shares in the company, valued at approximately $17,378,964. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Roper Technologies Inc (NYSE ROP) opened at $281.14 on Monday. Roper Technologies Inc has a 52-week low of $203.50 and a 52-week high of $290.42. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.77 and a current ratio of 0.87. The company has a market cap of $28,780.00, a P/E ratio of 38.51, a P/E/G ratio of 2.06 and a beta of 1.08.
Roper Technologies (NYSE:ROP) last issued its quarterly earnings results on Friday, February 2nd. The industrial products company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.61 by $0.09. Roper Technologies had a net margin of 21.09% and a return on equity of 15.28%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the prior year, the business posted $1.86 earnings per share. Roper Technologies’s revenue for the quarter was up 21.2% compared to the same quarter last year. equities research analysts expect that Roper Technologies Inc will post 11.09 EPS for the current fiscal year.
Several brokerages recently issued reports on ROP. Robert W. Baird reissued a “hold” rating on shares of Roper Technologies in a research note on Monday, February 5th. Royal Bank of Canada upped their price objective on shares of Roper Technologies to $319.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Citigroup reissued an “outperform” rating and set a $335.00 price objective (up previously from $275.00) on shares of Roper Technologies in a research note on Monday, February 5th. Zacks Investment Research downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. Finally, Canaccord Genuity upped their price objective on shares of Roper Technologies from $260.00 to $310.00 and gave the company a “hold” rating in a research note on Monday, February 5th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Roper Technologies currently has an average rating of “Buy” and a consensus price target of $293.58.
Roper Technologies Company Profile
Roper Technologies, Inc is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for various end markets, including healthcare, transportation, commercial construction, food, energy, water, education and academic research. The Company operates in four segments: Medical & Scientific Imaging, which offers products and software in medical applications, and digital imaging products; RF Technology, which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology, which produces fluid handling pumps, materials analysis equipment and consumables, leak testing equipment, flow measurement and metering equipment, and Energy Systems & Controls, which produces control systems, fluid properties testing equipment, industrial valves and controls, vibration sensors and controls, and non-destructive inspection and measurement products and solutions.
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