Roper Technologies Inc. (NYSE:ROP) shares fell to a low of $445.21 before closing at $447.49. Intraday shares traded counted 0.44 million, which was 10.69% higher than its 30-day average trading volume of 496.83K. ROP’s previous close was $444.43 while the outstanding shares total 105.00M. The firm has a beta of 1.03, a 12-month trailing P/E ratio of 47.45, and a growth ratio of 4.27. The stock’s Relative Strength Index (RSI) is 62.26, with weekly volatility at 1.17% and ATR at 7.30. The ROP stock’s 52-week price range has touched low of $362.90 and a $455.72 high. The stock traded higher over the last trading session, gaining 0.69% on 05/27/21.
Investors have identified the Specialty Industrial Machinery company Roper Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $46.84 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Roper Technologies Inc. (ROP) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ROP, the company has in raw cash 331.0 million on their books with 502.1 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.74 billion total, with 2.46 billion as their total liabilities.
ROP were able to record 543.3 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by 22.7 million. In cash movements, the company had a total of 559.6 million as operating cash flow.
Potential earnings growth for Roper Technologies Inc. (ROP)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, Roper Technologies Inc. recorded a total of 1.53 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 11.64% coming in sequential stages and their sales for the 07/29/2021 quarter increasing by 1.52%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 534.8 million trying to sell their products during the last quarter, with the result yielding a gross income of 993.8 million. This allows shareholders to hold on to 105.00M with the recently reported earning now reading 2.75 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (3.60 cents a share).
Having a look at the company’s valuation, the company is expected to record 15.80 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ROP sounds very interesting.
Is the stock of ROP attractive?
In related news, Vice President and Controller, Conley Jason sold 5,000 shares of the company’s stock in a transaction that recorded on May 05. The sale was performed at an average price of 450.00, for a total value of 2,250,000. As the sale deal closes, the Executive VP, GC & Secretary, Stipancich John K now sold 3,500 shares of the company’s stock, valued at 1,575,000. Also, Executive VP and CFO, Crisci Robert sold 6,000 shares of the company’s stock in a deal that was recorded on Apr 19. The shares were price at an average price of 422.83 per share, with a total market value of 2,536,972. Following this completion of acquisition, the Director, JOHNSON ROBERT D now holds 500 shares of the company’s stock, valued at 189,865. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
8 out of 15 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Roper Technologies Inc.. 2 analysts has assigned a Sell rating on the ROP stock. The 12-month mean consensus price target for the company’s shares has been set at $471.60.