Roper Technologies Inc (NASDAQ: ROP) is 10.73% higher on its value in year-to-date trading and has touched a low of $499.47 and a high of $584.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ROP stock was last observed hovering at around $570.60 in the last trading session, with the day’s gains setting it 5.05%.
Currently trading at $575.65, the stock is 9.19% and 6.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 0.89% at the moment leaves the stock 5.75% off its SMA200. ROP registered 2.51% gain for a year compared to 6-month loss of 5.67%. The firm has a 50-day simple moving average (SMA 50) of $538.254 and a 200-day simple moving average (SMA200) of $544.3748.
The stock witnessed a 10.73% gain in the last 1 month and extending the period to 3 months gives it a 4.89%, and is 8.33% 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 2.69% over the week and 1.76% over the month.
Roper Technologies Inc (ROP) has around 16800 employees, a market worth around $61.73B and $7.04B in sales. Current P/E ratio is 40.13 and Fwd P/E is 26.79. Profit margin for the company is 22.01%. Distance from 52-week low is 15.25% and -1.48% from its 52-week high. The company has generated returns on investments over the last 12 months (6.09%).
with sales reaching $1.88B over the same period.The EPS is expected to grow by 9.12% this year, but quarterly earnings will post 10.04% year-over-year. Quarterly sales are estimated to grow 12.03% in year-over-year returns.
Roper Technologies Inc (ROP) Top Institutional Holders
1728.0 institutions hold shares in Roper Technologies Inc (ROP), with institutional investors hold 97.94% of the company’s shares. The shares outstanding are 107.23M, and float is at 106.82M with Short Float at 1.15%. Institutions hold 97.55% 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
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Still, SEC filings show that on Jan 31 ’25, Conley Jason (Officer) Proposed Sale 3,000 shares at an average price of $578.05 for $1.73 million. The insider now directly holds shares of Roper Technologies Inc (ROP).
