Roper stock: buy or sell?
September 20th, 2019
Roper Technologies, Inc. designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls.
Should I buy Roper stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Roper Technologies stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Roper Technologies stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we detected 9 ratings published for ROP stock in the last 30 days. The general sentiment of these ratings is bullish for ROP stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-27||Royal Bank of Canada||n/a||Outperform|
|2019-7-23||Wells Fargo & Co||n/a||Outperform|
|2019-4-3||Barclays||Equal Weight||Equal Weight|
|2019-2-4||Wells Fargo & Co||Outperform||Outperform|
|2019-2-4||Robert W. Baird||Neutral||Neutral|
Roper stock analysis
Shares of Roper Technologies raised a slightly fine 0.77% and closed at $359.28.
Roper shares raised 0.77% to $359.28 today. On July, ROP hit new all time highs, pushing higher previous ATH of $385.14 recorded on July. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Roper Technologies shares remained constant -0.08% this week, ending at $359.28.
Having descending tops is not good news for traders invested in Roper. Although it's only a warning signal, eyes should be on alert during next weeks to identify possible new signals. It's important ROP stock price keeps the level, and maybe bounce up from there forming a double bottom pattern. Not so far away is the last price record Roper marked by mid July. Since SMA20d and SMA40w crossed up by mid March, ROP price climbed $42.42 per share (13.39%). Since price and SMA40w lines crossed up late January, ROP climbed $76.86 (27.21%).
Roper stock price history
Roper IPO was on February 13th, 1992 at $1.64 per share1. Since then, ROP stock grew a 21,807.30%, with an average of 807.70% per year. If you had invested right after ROP's IPO a $1,000 in Roper stock in 1992, it would worth $218,073.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Roper stock historical price chart
ROP stock reached all-time highs on July with a price of $385.51.
Roper stock price target is $372.70Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 9 price targets for ROP stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-27||Royal Bank of Canada||Raises Target||$393.00||$404.00||2.8%|
|2019-7-3||Raymond James||Raises Target||$370.00||$394.00||6.5%|
|2019-7-23||Wells Fargo & Co||Reiterates||$400.00||$450.00||12.5%|
|2019-4-26||Raymond James||Raises Target||$330.00||$370.00||12.1%|
|2019-2-4||Wells Fargo & Co||Raises Target||$342.00||$345.00||0.9%|
|2019-2-4||Robert W. Baird||Raises Target||$285.00||$306.00||7.4%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when Roper published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an amazing gain of 12.67% to $5,191.20 M dollars. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) declined a -2.90% to 18.19%. Roper Technologies fiscal year ends in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Roper Technologies TTM sales up to March 2019 were $5,275.90 and income $1,102.70 M dollars. When comparing this TTM figures with the last reported annuality, we can review Roper business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stepped up a tiny 1.63%. Similarly, profit margin (net income/sales) appreciated at 18.19%.
|2013||$3,240 M||-||$538 M16.6%||-|
|2014||$3,549 M||9.55%||$646 M18.2%||20.02%|
|2015||$3,582 M||0.93%||$696 M19.4%||7.74%|
|2016||$3,790 M||5.79%||$659 M17.4%||-5.38%|
|2017||$4,608 M||21.57%||$972 M21.1%||47.55%|
|2018||$5,191 M||12.67%||$944 M18.2%||-2.82%|
|TTM||$5,276 M||1.63%||$1,103 M20.9%||16.76%|
Quarterly financial resultsRoper Technologies posted $1,287.20 M in revenues for 2019-Q1, a -6.47% less compared to previous quarter. Reported quarter earnings marked $369.60 million with a profit margin of 28.71%. Profit margin skyrocketed a 10.03% compared to previous quarter when profit margin was 18.68%. When comparing turnover to same quarter last year, Roper sales marked a remarkable growth and soared a 7.04%.
|2017-Q2||$1,130 M||-||$180 M15.9%||-|
|2017-Q3||$1,160 M||2.65%||$190 M16.4%||5.96%|
|2017-Q4||$1,227 M||5.74%||$444 M36.2%||133.29%|
|2018-Q1||$1,203 M||-1.96%||$211 M17.6%||-52.40%|
|2018-Q2||$1,294 M||7.58%||$228 M17.7%||8.09%|
|2018-Q3||$1,319 M||1.93%||$248 M18.8%||8.41%|
|2018-Q4||$1,376 M||4.37%||$257 M18.7%||3.84%|
|2019-Q1||$1,287 M||-6.47%||$370 M28.7%||43.76%|
Roper ownershipWhen you are planning to invest in a company, it's always worth to overview its ownership structure.
Roper shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.26% of all shares.
Bearish positions for ROP stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$37.4 B||$20.6 B||$1.6 B||$104.6 B||$40.1 B|
|Total shares||104.0 M||228.4 M||29.1 M||717.4 M||615.1 M|
|Float shares||103.4 M||224.9 M||28.7 M||636.3 M||610.8 M|
|- Institutional holdings (%)||94.8%||87.7%||90.0%||79.9%||74.2%|
|- Insider holdings (%)||2.3%||0.5%||1.1%||11.4%||0.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$354.42 - $360.34|
|Average true range||$8.37|
|50d mov avg||$361.99|
|100d mov avg||$361.15|
|200d mov avg||$333.87|
Roper performanceTo better understand Roper Technologies performance you must compare its gains with other related stocks in same sector or industry. We picked AMTEK, Badger Meter, Danaher, Emerson Electric, General Electric, IDEX, PerkinElmer, Teleflex, Thermo Fisher Scientific and Watts Water Technologies as the bechmarking frame for Roper stock.
|TMOThermo Fisher Sci...||0.33%||12.06%||21.59%|
|WTSWatts Water Techn...||6.01%||25.70%||19.35%|
Roper competitorsOne check before trading any stock is to have a look a list of its competitors, in this case for Roper Technologies. We chose 10 companies as Roper Technologies competitors as they are in the same industry or have similar market objectives.
- AMTEK (AME)
- Badger Meter (BMI)
- Danaher (DHR)
- Emerson Electric (EMR)
- General Electric (GE)
- IDEX (IEX)
- PerkinElmer (PKI)
- Teleflex (TFX)
- Thermo Fisher Scientific (TMO)
- Watts Water Technologies (WTS)
Latest Roper stock news
- InvestorPlace3 Big Stock Charts for Friday: AES, M&T Bank and Roper TechnologiesMay 31, 2019
- Seeking AlphaRoper's Growth Engine Keeps HummingApril 30, 2019
- Seeking AlphaRoper Technologies: Solid Growth From An Engineering CompanyFebruary 21, 2019