Somewhat Positive Media Coverage Somewhat Unlikely to Affect Roper Technologies (ROP) Share Price

Press coverage about Roper Technologies (NYSE:ROP) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Roper Technologies earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 44.8370605173601 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

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

Roper Technologies (ROP) traded down $0.60 during midday trading on Thursday, reaching $258.38. The company had a trading volume of 210,298 shares, compared to its average volume of 431,759. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 0.76. Roper Technologies has a one year low of $182.03 and a one year high of $267.83. The stock has a market cap of $26,510.00, a PE ratio of 30.24, a PEG ratio of 2.26 and a beta of 1.06.

Roper Technologies (NYSE:ROP) last posted its quarterly earnings results on Monday, October 30th. The industrial products company reported $2.36 EPS for the quarter, topping the Zacks’ consensus estimate of $2.30 by $0.06. Roper Technologies had a return on equity of 14.47% and a net margin of 16.17%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the firm earned $1.65 EPS. The firm’s revenue was up 23.7% compared to the same quarter last year. sell-side analysts predict that Roper Technologies will post 9.31 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be issued a $0.4125 dividend. The ex-dividend date is Monday, January 8th. This is a boost from Roper Technologies’s previous quarterly dividend of $0.35. This represents a $1.65 dividend on an annualized basis and a yield of 0.64%. Roper Technologies’s payout ratio is currently 20.35%.

ROP has been the subject of a number of recent research reports. J P Morgan Chase & Co upgraded Roper Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $223.00 to $275.00 in a research note on Wednesday, September 20th. Zacks Investment Research upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $273.00 price objective for the company in a research note on Monday, October 2nd. Cowen reiterated a “buy” rating and set a $250.00 price objective on shares of Roper Technologies in a research note on Thursday, October 12th. Oppenheimer reiterated a “buy” rating on shares of Roper Technologies in a research note on Monday, October 30th. Finally, Royal Bank of Canada boosted their price objective on Roper Technologies from $259.00 to $282.00 and gave the company an “outperform” rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $253.67.

In related news, CEO Brian D. Jellison sold 81,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $259.63, for a total value of $21,159,845.00. Following the transaction, the chief executive officer now directly owns 1,448,575 shares of the company’s stock, valued at approximately $376,093,527.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Robert D. Johnson sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $260.03, for a total value of $312,036.00. Following the completion of the transaction, the director now directly owns 9,700 shares in the company, valued at $2,522,291. The disclosure for this sale can be found here. Over the last three months, insiders sold 86,950 shares of company stock worth $22,574,581. 2.50% of the stock is owned by insiders.

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