Analysts predict that Roper Technologies Inc (NYSE:ROP) will announce earnings per share of $2.61 for the current quarter, Zacks reports. Six analysts have made estimates for Roper Technologies’ earnings, with the highest EPS estimate coming in at $2.62 and the lowest estimate coming in at $2.58. Roper Technologies reported earnings per share of $1.86 during the same quarter last year, which would suggest a positive year-over-year growth rate of 40.3%. The business is expected to report its next earnings report before the market opens on Thursday, February 8th.
According to Zacks, analysts expect that Roper Technologies will report full-year earnings of $9.31 per share for the current year, with EPS estimates ranging from $9.28 to $9.35. For the next fiscal year, analysts anticipate that the company will report earnings of $10.09 per share, with EPS estimates ranging from $9.90 to $10.25. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Roper Technologies.
Roper Technologies (NYSE:ROP) last issued its earnings results on Monday, October 30th. The industrial products company reported $2.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.30 by $0.06. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. Roper Technologies had a return on equity of 14.47% and a net margin of 16.17%. The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.65 EPS.
Shares of Roper Technologies (NYSE ROP) opened at $275.28 on Friday. The firm has a market capitalization of $28,180.00, a P/E ratio of 40.01, a P/E/G ratio of 2.19 and a beta of 1.06. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.94 and a current ratio of 1.07. Roper Technologies has a fifty-two week low of $185.10 and a fifty-two week high of $275.52.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th will be issued a $0.4125 dividend. The ex-dividend date of this dividend is Monday, January 8th. This is a boost from Roper Technologies’s previous quarterly dividend of $0.35. This represents a $1.65 annualized dividend and a yield of 0.60%. Roper Technologies’s payout ratio is currently 23.98%.
In other Roper Technologies news, Director Christopher Wright sold 250 shares of Roper Technologies stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $258.64, for a total value of $64,660.00. Following the completion of the transaction, the director now directly owns 64,450 shares of the company’s stock, valued at approximately $16,669,348. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brian D. Jellison sold 81,500 shares of Roper Technologies stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $259.63, for a total value of $21,159,845.00. Following the completion of the transaction, the chief executive officer now directly owns 1,448,575 shares of the company’s stock, valued at $376,093,527.25. The disclosure for this sale can be found here. Insiders sold a total of 86,950 shares of company stock valued at $22,574,581 over the last ninety days. Insiders own 2.50% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in ROP. CIBC World Markets Inc. acquired a new position in Roper Technologies in the 2nd quarter valued at $226,000. Wells Fargo & Company MN raised its holdings in Roper Technologies by 32.5% in the 2nd quarter. Wells Fargo & Company MN now owns 216,802 shares of the industrial products company’s stock valued at $50,197,000 after acquiring an additional 53,202 shares in the last quarter. Fiera Capital Corp raised its holdings in Roper Technologies by 3.5% in the 2nd quarter. Fiera Capital Corp now owns 1,340 shares of the industrial products company’s stock valued at $310,000 after acquiring an additional 45 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Roper Technologies by 2.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 190,407 shares of the industrial products company’s stock valued at $44,082,000 after acquiring an additional 3,910 shares in the last quarter. Finally, Norinchukin Bank The raised its holdings in Roper Technologies by 7.0% in the 2nd quarter. Norinchukin Bank The now owns 7,080 shares of the industrial products company’s stock valued at $1,639,000 after acquiring an additional 461 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.
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Roper Technologies Company Profile
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