Roper Techs ROP has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 5 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 3 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $590.38, a high estimate of $650.00, and a low estimate of $525.00. Observing a 4.02% increase, the current average has risen from the previous average price target of $567.57.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive Roper Techs is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Brett Linzey | Mizuho | Raises | Neutral | $530.00 | $525.00 |
Julian Mitchell | Barclays | Raises | Overweight | $600.00 | $596.00 |
Christopher Glynn | Oppenheimer | Raises | Outperform | $650.00 | $580.00 |
Julian Mitchell | Barclays | Raises | Overweight | $596.00 | $580.00 |
Brian Gesuale | Raymond James | Raises | Strong Buy | $620.00 | $572.00 |
Brett Linzey | Mizuho | Raises | Neutral | $525.00 | $500.00 |
Deane Dray | RBC Capital | Raises | Outperform | $622.00 | $620.00 |
Christopher Glynn | Oppenheimer | Maintains | Outperform | $580.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Roper Techs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Roper Techs compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
To gain a panoramic view of Roper Techs's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Roper Techs analyst ratings.
Unveiling the Story Behind Roper Techs
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.
Breaking Down Roper Techs's Financial Performance
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Roper Techs displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 12.76%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Roper Techs's net margin is impressive, surpassing industry averages. With a net margin of 24.11%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Roper Techs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.26%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Roper Techs's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.38%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.37, Roper Techs adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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