At the time of writing, Roper Technologies Inc [ROP] stock is trading at $517.96, up 1.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ROP shares have gain 2.14% over the last week, with a monthly amount drifted -5.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays downgraded its rating to Underweight on December 05, 2024, and dropped its price target to $569. On July 25, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $635 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Oppenheimer reiterated its recommendation of a Outperform and raised its price target to $650 on March 22, 2024. TD Cowen downgraded its rating to Market Perform for this stock on January 04, 2024, but kept the price target unchanged to $535.
For the past year, the stock price of Roper Technologies Inc fluctuated between $499.47 and $580.09. Currently, Wall Street analysts expect the stock to reach $661 within the next 12 months. Roper Technologies Inc [NASDAQ: ROP] shares were valued at $517.96 at the most recent close of the market. An investor can expect a potential return of 27.62% based on the average ROP price forecast.
Analyzing the ROP fundamentals
According to Roper Technologies Inc [NASDAQ:ROP], the company’s sales were 6.78B for trailing twelve months, which represents an 12.87% jump. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.27%, 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 of0.45.
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 514.15 points at the first support level, and at 510.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 521.39, and for the 2nd resistance point, it is at 524.82.
Ratios To Look Out For
It is important to note that Roper Technologies Inc [NASDAQ:ROP] has a current ratio of 0.48. In addition, the Quick Ratio stands at 0.44 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 8.20, the price to book ratio is 2.99 and price to earnings (TTM) ratio is 38.16.
Transactions by insiders
Recent insider trading involved JOHNSON ROBERT D, Director, that happened on Dec 03 ’24 when 940.0 shares were sold. Director, SABRINA & ROBERT TRUST completed a deal on Dec 03 ’24 to buy 940.0 shares. Meanwhile, President and CEO HUNN LAURENCE NEIL sold 30000.0 shares on Nov 08 ’24.
