Rogers (ROG) Receiving Somewhat Favorable News Coverage, Accern Reports

Media stories about Rogers (NYSE:ROG) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rogers earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the electronics maker an impact score of 46.0120262224585 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

Rogers (NYSE:ROG) traded down $0.53 during trading on Thursday, reaching $162.12. 60,086 shares of the company’s stock were exchanged, compared to its average volume of 129,425. The firm has a market capitalization of $2,974.31, a P/E ratio of 30.42 and a beta of 1.16. The company has a current ratio of 3.74, a quick ratio of 2.74 and a debt-to-equity ratio of 0.18. Rogers has a 1 year low of $74.24 and a 1 year high of $168.07.

Rogers (NYSE:ROG) last released its quarterly earnings data on Thursday, November 2nd. The electronics maker reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.15. The firm had revenue of $206.80 million during the quarter, compared to the consensus estimate of $198.16 million. Rogers had a net margin of 10.88% and a return on equity of 14.22%. The firm’s revenue was up 25.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.86 earnings per share. research analysts predict that Rogers will post 5.85 EPS for the current year.

ROG has been the subject of a number of research analyst reports. B. Riley restated a “buy” rating and issued a $180.00 price target on shares of Rogers in a research note on Friday, December 15th. Needham & Company LLC restated a “buy” rating and issued a $165.00 price target on shares of Rogers in a research note on Friday, November 3rd. Zacks Investment Research lowered shares of Rogers from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, ValuEngine lowered shares of Rogers from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. One analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $164.00.

In other Rogers news, SVP Robert C. Daigle sold 1,766 shares of Rogers stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $133.04, for a total value of $234,948.64. Following the completion of the transaction, the senior vice president now owns 20,330 shares of the company’s stock, valued at $2,704,703.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jeffrey M. Grudzien sold 1,888 shares of Rogers stock in a transaction on Monday, November 20th. The stock was sold at an average price of $158.27, for a total transaction of $298,813.76. Following the completion of the transaction, the senior vice president now directly owns 24,192 shares of the company’s stock, valued at approximately $3,828,867.84. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,516 shares of company stock valued at $3,712,254. 1.50% of the stock is currently owned by corporate insiders.

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About Rogers

Rogers Corporation manufactures and sells engineered materials and components for mission critical applications. The Company’s segments are Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and Other. The ACS segment manufactures and sells circuit materials and solutions for applications in wireless communications infrastructure, automotive, connected devices, consumer electronics and aerospace/defense.

Insider Buying and Selling by Quarter for Rogers (NYSE:ROG)

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