Roper Technologies (ROP) Scheduled to Post Quarterly Earnings on Friday

Roper Technologies (NYSE:ROP) will announce its earnings results before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $4.34 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Roper Technologies (NYSE:ROP) last released its earnings results on Wednesday, January 31st. The industrial products company reported $4.37 EPS for the quarter, topping the consensus estimate of $4.34 by $0.03. Roper Technologies had a return on equity of 10.63% and a net margin of 22.41%. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the company posted $3.92 earnings per share. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. On average, analysts expect Roper Technologies to post $18 EPS for the current fiscal year and $20 EPS for the next fiscal year.

Roper Technologies Trading Down 0.3 %

Roper Technologies stock opened at $538.01 on Thursday. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 0.33. The business’s fifty day simple moving average is $545.58 and its two-hundred day simple moving average is $533.12. Roper Technologies has a 12 month low of $430.03 and a 12 month high of $565.00. The company has a market capitalization of $57.58 billion, a price-to-earnings ratio of 41.74, a price-to-earnings-growth ratio of 2.84 and a beta of 0.99.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 22nd. Shareholders of record on Friday, April 5th were issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.56%. The ex-dividend date was Thursday, April 4th. Roper Technologies’s dividend payout ratio (DPR) is 23.27%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ROP shares. Royal Bank of Canada boosted their target price on Roper Technologies from $620.00 to $622.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. Wells Fargo & Company upped their price target on Roper Technologies from $560.00 to $615.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. TD Cowen downgraded Roper Technologies from an “outperform” rating to a “market perform” rating and set a $535.00 price target on the stock. in a report on Thursday, January 4th. Barclays upped their price target on Roper Technologies from $596.00 to $600.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Finally, Oppenheimer upped their price target on Roper Technologies from $580.00 to $650.00 and gave the company an “outperform” rating in a report on Friday, March 22nd. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $574.58.

Insider Activity at Roper Technologies

In related news, Director Christopher Wright sold 200 shares of the company’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $549.71, for a total transaction of $109,942.00. Following the completion of the sale, the director now owns 35,547 shares in the company, valued at $19,540,541.37. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.94% of the stock is owned by company insiders.

Roper Technologies Company Profile

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.