Rogers (NYSE:ROG) Shares Gap Up Following Strong Earnings

Rogers Corporation (NYSE:ROG)’s share price gapped up before the market opened on Thursday following a better than expected earnings announcement. The stock had previously closed at $83.59, but opened at $90.68. Rogers shares last traded at $94.5480, with a volume of 53,762 shares trading hands.

The electronics maker reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.20. Rogers had a negative net margin of 8.35% and a positive return on equity of 2.90%. The business had revenue of $216.00 million for the quarter, compared to analysts’ expectations of $207.53 million. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ROG shares. B. Riley reiterated a “buy” rating on shares of Rogers in a report on Thursday. Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a research note on Wednesday, October 8th. Finally, Zacks Research raised Rogers from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Rogers has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

Institutional Trading of Rogers

Several institutional investors and hedge funds have recently bought and sold shares of ROG. GAMMA Investing LLC raised its stake in Rogers by 243.5% during the first quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker’s stock valued at $25,000 after buying an additional 263 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Rogers by 81.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 199 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Rogers by 106.9% during the 2nd quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock valued at $51,000 after acquiring an additional 385 shares in the last quarter. Signaturefd LLC raised its position in shares of Rogers by 6,118.8% during the 1st quarter. Signaturefd LLC now owns 995 shares of the electronics maker’s stock valued at $67,000 after acquiring an additional 979 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Rogers by 67.3% during the 1st quarter. KBC Group NV now owns 1,119 shares of the electronics maker’s stock valued at $76,000 after acquiring an additional 450 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Price Performance

The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of -24.36 and a beta of 0.46. The stock’s fifty day simple moving average is $82.03 and its two-hundred day simple moving average is $72.31.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.