Equities research analysts predict that Roper Technologies, Inc. (NYSE:ROP – Get Rating) will report $1.53 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Roper Technologies’ earnings, with the highest sales estimate coming in at $1.56 billion and the lowest estimate coming in at $1.52 billion. Roper Technologies posted sales of $1.59 billion in the same quarter last year, which suggests a negative year over year growth rate of 3.8%. The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that Roper Technologies will report full year sales of $6.22 billion for the current year, with estimates ranging from $6.15 billion to $6.28 billion. For the next fiscal year, analysts expect that the firm will report sales of $6.56 billion, with estimates ranging from $6.45 billion to $6.70 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Roper Technologies.
Roper Technologies (NYSE:ROP – Get Rating) last issued its quarterly earnings data on Tuesday, April 26th. The industrial products company reported $3.77 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.68 by $0.09. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.48 billion. Roper Technologies had a return on equity of 13.36% and a net margin of 47.36%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business earned $3.60 EPS.
In related news, Director Robert D. Johnson sold 250 shares of the stock in a transaction dated Tuesday, March 1st. The shares were sold at an average price of $449.21, for a total value of $112,302.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.80% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Trustcore Financial Services LLC grew its holdings in Roper Technologies by 2.4% during the 3rd quarter. Trustcore Financial Services LLC now owns 925 shares of the industrial products company’s stock worth $413,000 after acquiring an additional 22 shares in the last quarter. SPC Financial Inc. increased its holdings in Roper Technologies by 3.2% during the 3rd quarter. SPC Financial Inc. now owns 764 shares of the industrial products company’s stock valued at $341,000 after acquiring an additional 24 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Roper Technologies by 0.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,630 shares of the industrial products company’s stock worth $2,066,000 after purchasing an additional 24 shares during the last quarter. FourThought Financial LLC boosted its stake in shares of Roper Technologies by 11.0% during the 1st quarter. FourThought Financial LLC now owns 242 shares of the industrial products company’s stock worth $114,000 after purchasing an additional 24 shares during the last quarter. Finally, Fieldpoint Private Securities LLC boosted its stake in shares of Roper Technologies by 1.9% during the 3rd quarter. Fieldpoint Private Securities LLC now owns 1,368 shares of the industrial products company’s stock worth $610,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 91.73% of the company’s stock.
Roper Technologies stock opened at $469.92 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.72 and a current ratio of 1.28. The firm has a market cap of $49.62 billion, a P/E ratio of 17.38, a P/E/G ratio of 2.95 and a beta of 1.07. The business’s fifty day moving average is $460.89 and its two-hundred day moving average is $465.12. Roper Technologies has a 52 week low of $417.54 and a 52 week high of $505.00.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 22nd. Stockholders of record on Tuesday, April 5th were given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date was Monday, April 4th. Roper Technologies’s payout ratio is 9.17%.
Roper Technologies Company Profile (Get Rating)
Roper Technologies, Inc designs and develops software, and engineered products and solutions. The company offers management, campus solutions, diagnostic and laboratory information management, enterprise management, 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.
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