Roper Technologies Inc [ROP] stock prices are down -0.44% to $548.93 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ROP shares have lost -0.65% over the last week, with a monthly amount drifted -1.72%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Roper Technologies Inc [NASDAQ: ROP] stock has seen the most recent analyst activity on July 25, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $635 from $617. Previously, Wolfe Research downgraded its rating to Peer Perform on June 13, 2024. On March 22, 2024, Oppenheimer reiterated its Outperform rating and revised its price target to $650 on the stock. TD Cowen downgraded its rating to a Market Perform but stick to its price target of $535 on January 04, 2024. Jefferies started tracking with a Buy rating for this stock on June 27, 2023, and assigned it a price target of $530. In a note dated May 02, 2023, Bernstein upgraded an Mkt Perform rating on this stock and boosted its target price from $490 to $525.
The stock price of Roper Technologies Inc [ROP] has been fluctuating between $474.46 and $579.10 over the past year. Currently, Wall Street analysts expect the stock to reach $582.88 within the next 12 months. Roper Technologies Inc [NASDAQ: ROP] shares were valued at $548.93 at the most recent close of the market. An investor can expect a potential return of 6.18% based on the average ROP price forecast.
Analyzing the ROP fundamentals
The Roper Technologies Inc [NASDAQ:ROP] reported sales of 6.57B for trailing twelve months, representing a surge of 12.12%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 545.10 points at the first support level, and at 541.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 552.70, and for the 2nd resistance point, it is at 556.47.
Ratios To Look Out For
It’s worth pointing out that Roper Technologies Inc [NASDAQ:ROP]’s Current Ratio is 0.53. Further, the Quick Ratio stands at 0.48, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 8.95, the price to book ratio is 3.24 and price to earnings (TTM) ratio is 41.10.
Transactions by insiders
Recent insider trading involved JOHNSON ROBERT D, Director, that happened on Sep 13 ’24 when 750.0 shares were sold. Officer, SABRINA & ROBERT TRUST completed a deal on Sep 13 ’24 to buy 750.0 shares. Meanwhile, Director JOHNSON ROBERT D sold 140.0 shares on Jul 26 ’24.
