Wall Street Zen Upgrades Rogers (NYSE:ROG) to “Buy”

Rogers (NYSE:ROG) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Other research analysts also recently issued reports about the stock. Zacks Research raised shares of Rogers from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. B. Riley reissued a “buy” rating on shares of Rogers in a research report on Thursday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Rogers in a research report on Wednesday, October 8th. One investment 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

Rogers Stock Performance

NYSE:ROG opened at $87.36 on Friday. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of -24.06 and a beta of 0.46. Rogers has a 52 week low of $51.43 and a 52 week high of $114.05. The firm has a 50-day moving average price of $82.18 and a two-hundred day moving average price of $72.53.

Rogers (NYSE:ROG) last posted its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $0.90 EPS for the quarter, beating the consensus estimate of $0.70 by $0.20. The firm had revenue of $216.00 million during 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, sell-side analysts forecast that Rogers will post 3.57 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Brian Keith Larabee sold 775 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $85.87, for a total value of $66,549.25. Following the completion of the transaction, the senior vice president directly owned 4,462 shares of the company’s stock, valued at approximately $383,151.94. This trade represents a 14.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Y Intercept Hong Kong Ltd boosted its holdings in Rogers by 70.2% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 15,992 shares of the electronics maker’s stock worth $1,287,000 after buying an additional 6,594 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Rogers by 7.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,574 shares of the electronics maker’s stock worth $377,000 after buying an additional 317 shares during the period. Inspire Advisors LLC bought a new position in Rogers in the 3rd quarter worth approximately $208,000. SG Americas Securities LLC boosted its holdings in Rogers by 73.2% in the 3rd quarter. SG Americas Securities LLC now owns 3,662 shares of the electronics maker’s stock worth $295,000 after buying an additional 1,548 shares during the period. Finally, Ethic Inc. bought a new position in Rogers in the 3rd quarter worth approximately $226,000. 96.02% of the stock is owned by institutional investors.

Rogers Company Profile

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.