Roper Technologies Inc (NASDAQ: ROP) is -0.36% lower on its value in year-to-date trading and has touched a low of $499.47 and a high of $580.09 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 $510.69 in the last trading session, with the day’s gains setting it 7.27%.
Currently trading at $517.96, the stock is -0.29% and -4.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 1.42% at the moment leaves the stock -4.85% off its SMA200. ROP registered -3.04% loss for a year compared to 6-month loss of -8.66%. The firm has a 50-day simple moving average (SMA 50) of $542.5066 and a 200-day simple moving average (SMA200) of $544.58655.
The stock witnessed a -5.49% gain in the last 1 month and extending the period to 3 months gives it a -6.48%, and is 2.14% up 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 1.59% over the week and 1.50% over the month.
Roper Technologies Inc (ROP) has around 16800 employees, a market worth around $55.54B and $6.78B in sales. Current P/E ratio is 38.16 and Fwd P/E is 25.98. Profit margin for the company is 21.61%. Distance from 52-week low is 3.70% and -10.71% from its 52-week high. The company has generated returns on investments over the last 12 months (5.59%).
The EPS is expected to grow by 9.24% this year
1724.0 institutions hold shares in Roper Technologies Inc (ROP), with institutional investors hold 97.84% of the company’s shares. The shares outstanding are 106.90M, and float is at 106.82M with Short Float at 1.13%. Institutions hold 97.46% 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 940 shares of the company’s common stock on Dec 03 ’24 at a price of $561.80 per share for a total of $0.53 million. Following the sale, the insider now owns 4219.0 shares.
Still, SEC filings show that on Nov 08 ’24, HUNN LAURENCE NEIL (President and CEO) disposed off 30,000 shares at an average price of $572.47 for $17.17 million. The insider now directly holds 87,311 shares of Roper Technologies Inc (ROP).
