Rogers (NYSE:ROG) Upgraded at Zacks Research

Zacks Research upgraded shares of Rogers (NYSE:ROG) from a hold rating to a strong-buy rating in a report published on Tuesday morning,Zacks.com reports.

ROG has been the topic of a number of other research reports. B. Riley reaffirmed a “buy” rating on shares of Rogers in a report on Thursday. Weiss Ratings reissued a “sell (d)” rating on shares of Rogers in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $85.00.

Rogers Trading Up 5.8%

Shares of Rogers stock opened at $88.43 on Tuesday. The firm has a fifty day simple moving average of $82.03 and a 200-day simple moving average of $72.31. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of -24.36 and a beta of 0.46. Rogers has a 1-year low of $51.43 and a 1-year high of $114.05.

Rogers (NYSE:ROG) last posted its earnings results on Wednesday, October 29th. The electronics maker reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.20. The business had revenue of $216.00 million for the quarter, compared to analyst estimates of $207.53 million. Rogers had a negative net margin of 8.35% and a positive return on equity of 2.90%. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. As a group, research analysts predict that Rogers will post 3.57 earnings per share for the current year.

Institutional Trading of Rogers

Several institutional investors have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of Rogers by 81.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 199 shares during the period. CWM LLC boosted its stake in Rogers by 11.8% during the first quarter. CWM LLC now owns 2,271 shares of the electronics maker’s stock worth $153,000 after buying an additional 240 shares in the last quarter. Central Pacific Bank Trust Division increased its holdings in Rogers by 11.1% in the 3rd quarter. Central Pacific Bank Trust Division now owns 2,500 shares of the electronics maker’s stock valued at $201,000 after buying an additional 250 shares during the period. GAMMA Investing LLC raised its stake in shares of Rogers by 243.5% in the 1st 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. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Rogers by 6.5% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,328 shares of the electronics maker’s stock worth $296,000 after acquiring an additional 264 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.