Roper stock: buy or sell?

ROP stock price: $359.28 0.77% At close on September 20th, 2019

Updated on:
September 20th, 2019

0

Roper shares raised 0.77% to $359.28 today.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ROP will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is ROP a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-27Royal Bank of Canadan/aOutperform
2019-7-9Oppenheimern/an/a
2019-7-9Barclaysn/aEqual Weight
2019-7-3Raymond Jamesn/aOutperform
2019-7-23Wells Fargo & Con/aOutperform
2019-4-3BarclaysEqual WeightEqual Weight
2019-4-26Raymond JamesOutperformOutperform
2019-2-4Wells Fargo & CoOutperformOutperform
2019-2-4Robert W. BairdNeutralNeutral

Roper stock analysis

Daily outlook

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.

ROP stock chart (daily)

Weekly outlook

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%).

ROP stock chart (weekly)

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 $372.70

Nobody 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:
ROP stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-27Royal Bank of CanadaRaises Target$393.00$404.002.8%
2019-7-9OppenheimerRaises Target$375.00$400.006.7%
2019-7-9BarclaysRaises Target$342.00$355.003.8%
2019-7-3Raymond JamesRaises Target$370.00$394.006.5%
2019-7-23Wells Fargo & CoReiterates$400.00$450.0012.5%
2019-4-3BarclaysRaises Target$316.00$330.004.4%
2019-4-26Raymond JamesRaises Target$330.00$370.0012.1%
2019-2-4Wells Fargo & CoRaises Target$342.00$345.000.9%
2019-2-4Robert W. BairdRaises Target$285.00$306.007.4%
(in average)$350.30$372.706.0%
The price forecast for Roper Technologies stock is $372.70, moving in a range between $450.00 and $306.00. In average, analysts' outlook on ROP price forecast is positive, improving the prediction by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since 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.
ROP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.74n/a
2017-Q32017-10-302.32.362.6%
2017-Q42018-02-022.612.73.4%
2018-Q12018-04-202.492.614.8%
2018-Q22018-07-262.72.897.0%
2018-Q32018-10-262.943.095.1%
2018-Q42019-02-013.133.222.9%
2019-Q12019-04-182.76n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

ROP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,240 M-$538 M16.6%-
2014$3,549 M9.55%$646 M18.2%20.02%
2015$3,582 M0.93%$696 M19.4%7.74%
2016$3,790 M5.79%$659 M17.4%-5.38%
2017$4,608 M21.57%$972 M21.1%47.55%
2018$5,191 M12.67%$944 M18.2%-2.82%
TTM $5,276 M1.63%$1,103 M20.9%16.76%

Quarterly financial results

Roper 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%.
ROP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,130 M-$180 M15.9%-
2017-Q3$1,160 M2.65%$190 M16.4%5.96%
2017-Q4$1,227 M5.74%$444 M36.2%133.29%
2018-Q1$1,203 M-1.96%$211 M17.6%-52.40%
2018-Q2$1,294 M7.58%$228 M17.7%8.09%
2018-Q3$1,319 M1.93%$248 M18.8%8.41%
2018-Q4$1,376 M4.37%$257 M18.7%3.84%
2019-Q1$1,287 M-6.47%$370 M28.7%43.76%

Roper ownership

When 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:

ROPAMEBMIDHREMR
Market cap$37.4 B$20.6 B$1.6 B$104.6 B$40.1 B
Total shares104.0 M228.4 M29.1 M717.4 M615.1 M
Float shares103.4 M224.9 M28.7 M636.3 M610.8 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 selling0.0%0.0%0.0%0.0%0.0%

Roper summary

Friday, September 20th, 2019
Open$359.15
Close$359.28
Day range$354.42 - $360.34
Previous close$356.53
Session gain0.77%
Average true range$8.37
50d mov avg$361.99
100d mov avg$361.15
200d mov avg$333.87
Daily patternlt02a
Weekly pattern lt01a

Roper performance

To 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.
Stock3m6m12m
ROPRoper Technologie...-1.55%9.33%18.06%
AMEAMTEK2.92%13.92%11.37%
BMIBadger Meter-5.53%0.18%1.85%
DHRDanaher1.53%12.67%35.61%
EMREmerson Electric0.15%-0.94%-13.86%
GEGeneral Electric-9.94%-5.42%-19.14%
IEXIDEX-0.23%13.37%8.07%
PKIPerkinElmer-9.16%-7.50%-10.13%
TFXTeleflex2.18%13.50%27.25%
TMOThermo Fisher Sci...0.33%12.06%21.59%
WTSWatts Water Techn...6.01%25.70%19.35%

Roper competitors

One 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.

Latest Roper stock news