Roper Technologies Inc (NASDAQ: ROP) is -1.05% lower on its value in year-to-date trading and has touched a low of $474.46 and a high of $579.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ROP stock was last observed hovering at around $545.93 in the last trading session, with the day’s loss setting it -6.48%.
Currently trading at $539.45, the stock is -2.00% and -1.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.54 million and changing -1.19% at the moment leaves the stock -0.99% off its SMA200. ROP registered 8.50% gain for a year compared to 6-month gain of -0.04%. The firm has a 50-day simple moving average (SMA 50) of $545.5658 and a 200-day simple moving average (SMA200) of $544.85144.
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The stock witnessed a -1.89% loss in the last 1 month and extending the period to 3 months gives it a -3.39%, and is -1.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.40% over the week and 1.24% over the month.
Roper Technologies Inc (ROP) has around 16800 employees, a market worth around $57.83B and $6.57B in sales. Current P/E ratio is 40.39 and Fwd P/E is 27.16. Profit margin for the company is 21.89%. Distance from 52-week low is 13.70% and -6.85% from its 52-week high. The company has generated returns on investments over the last 12 months (5.74%).
The EPS is expected to grow by 8.84% this year
1713.0 institutions hold shares in Roper Technologies Inc (ROP), with institutional investors hold 98.17% of the company’s shares. The shares outstanding are 106.90M, and float is at 106.77M with Short Float at 1.04%. Institutions hold 97.75% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.26 million shares valued at $5.78 billion. The investor’s holdings represent 9.5851 of the ROP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.6 million shares valued at $5.41 billion to account for 8.9701 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 6.06 million shares representing 5.6647 and valued at over $3.42 billion, while STATE STREET CORP holds 4.2971 of the shares totaling 4.6 million with a market value of $2.59 billion.
Roper Technologies Inc (ROP) Insider Activity
The most recent transaction is an insider sale by JOHNSON ROBERT D, the company’s Director. SEC filings show that JOHNSON ROBERT D sold 750 shares of the company’s common stock on Sep 13 ’24 at a price of $553.78 per share for a total of $0.42 million. Following the sale, the insider now owns 5159.0 shares.
Still, SEC filings show that on Jul 26 ’24, JOHNSON ROBERT D (Director) disposed off 140 shares at an average price of $550.34 for $77048.0. The insider now directly holds 5,909 shares of Roper Technologies Inc (ROP).
