The stock of Roper Technologies Inc (ROP) has seen a 0.35% increase in the past week, with a -4.10% drop in the past month, and a -2.44% decrease in the past quarter. The volatility ratio for the week is 1.19%, and the volatility levels for the past 30 days are at 1.43% for ROP. The simple moving average for the last 20 days is -0.55% for ROP stock, with a simple moving average of 3.15% for the last 200 days.
Is It Worth Investing in Roper Technologies Inc (NASDAQ: ROP) Right Now?
Roper Technologies Inc (NASDAQ: ROP) has a price-to-earnings ratio of 42.23x that is above its average ratio. Additionally, the 36-month beta value for ROP is 0.99. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for ROP is 106.57M and currently, short sellers hold a 0.93% ratio of that float. The average trading volume of ROP on April 26, 2024 was 510.84K shares.
ROP) stock’s latest price update
The stock price of Roper Technologies Inc (NASDAQ: ROP) has plunged by -0.77 when compared to previous closing price of 540.41, but the company has seen a 0.35% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-26 that Although the revenue and EPS for Roper Technologies (ROP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of ROP
Many brokerage firms have already submitted their reports for ROP stocks, with Oppenheimer repeating the rating for ROP by listing it as a “Outperform.” The predicted price for ROP in the upcoming period, according to Oppenheimer is $650 based on the research report published on March 22, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see ROP reach a price target of $535. The rating they have provided for ROP stocks is “Market Perform” according to the report published on January 04th, 2024.
Wolfe Research gave a rating of “Outperform” to ROP, setting the target price at $558 in the report published on July 24th of the previous year.
ROP Trading at -1.62% from the 50-Day Moving Average
After a stumble in the market that brought ROP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.09% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.19%, as shares sank -4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.27% lower at present.
During the last 5 trading sessions, ROP rose by +0.08%, which changed the moving average for the period of 200-days by +12.07% in comparison to the 20-day moving average, which settled at $537.90. In addition, Roper Technologies Inc saw -1.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ROP starting from WRIGHT CHRISTOPHER, who sale 200 shares at the price of $549.71 back on Mar 18 ’24. After this action, WRIGHT CHRISTOPHER now owns 35,547 shares of Roper Technologies Inc, valued at $109,941 using the latest closing price.
WRIGHT CHRISTOPHER, the Director of Roper Technologies Inc, sale 300 shares at $547.00 during a trade that took place back on Feb 16 ’24, which means that WRIGHT CHRISTOPHER is holding 35,747 shares at $164,100 based on the most recent closing price.
Stock Fundamentals for ROP
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.7 for the gross margin
The net margin for Roper Technologies Inc stands at 0.22. The total capital return value is set at 0.07. Equity return is now at value 8.17, with 4.96 for asset returns.
Based on Roper Technologies Inc (ROP), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 10.6.
Currently, EBITDA for the company is 2.5 billion with net debt to EBITDA at 2.35. When we switch over and look at the enterprise to sales, we see a ratio of 10.27. The receivables turnover for the company is 6.28for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
In conclusion, Roper Technologies Inc (ROP) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
