Media coverage about Roper Technologies (NYSE:ROP) has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Roper Technologies earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.3377299417821 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Roper Technologies Schedules Third Quarter 2017 Financial Results Conference Call – GlobeNewswire (press release) (globenewswire.com)
- DAT Freight Index Hits All-Time High in September; Tight Capacity Sends Spot Rates to Their Highest Point Since December 2014 (finance.yahoo.com)
- Critical Survey: Roper Technologies (ROP) & The Competition (americanbankingnews.com)
- Comparing Roper Technologies (ROP) and Stanley Black & Decker (SWK) (americanbankingnews.com)
Roper Technologies (NYSE:ROP) last announced its earnings results on Monday, July 31st. The industrial products company reported $2.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.22 by $0.02. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. Roper Technologies had a return on equity of 13.66% and a net margin of 16.44%. The firm’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.56 earnings per share.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.56%. Roper Technologies’s dividend payout ratio (DPR) is currently 20.96%.
A number of research firms have issued reports on ROP. Cowen and Company reaffirmed a “buy” rating and issued a $250.00 target price on shares of Roper Technologies in a report on Thursday. Stifel Nicolaus reaffirmed a “buy” rating and issued a $242.00 target price on shares of Roper Technologies in a report on Friday, July 7th. Oppenheimer Holdings, Inc. raised their target price on Roper Technologies from $250.00 to $257.00 and gave the company an “outperform” rating in a report on Tuesday, August 1st. J P Morgan Chase & Co raised Roper Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $223.00 to $275.00 in a report on Wednesday, September 20th. Finally, BidaskClub lowered Roper Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $244.17.
In other news, VP Jason Conley sold 5,000 shares of the stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $245.00, for a total transaction of $1,225,000.00. Following the transaction, the vice president now owns 14,571 shares in the company, valued at $3,569,895. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Christopher Wright sold 1,000 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $234.00, for a total value of $234,000.00. Following the transaction, the director now owns 65,104 shares in the company, valued at approximately $15,234,336. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,500 shares of company stock worth $2,754,530. 2.50% of the stock is owned by corporate insiders.
Roper Technologies Company Profile
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