Investors’ Patience Is Being Tested Right Now By Roper Technologies Inc (NASDAQ: ROP)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Roper Technologies announces 2023 financial results.

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Stocks Info

Roper Technologies Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Application industry. The current market capitalization of Roper Technologies Inc is $59.32B. A total of 0.61 million shares were traded on the day, compared to an average of 620.03K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ROP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 30 SELLs from insiders. Insiders purchased 91,977 shares during that period but sold 84,882.

In the most recent transaction, WRIGHT CHRISTOPHER sold 300 shares of ROP for 547.00 per share on Feb 16. After the transaction, the Director now owns 35,747 company shares. In a previous transaction on Dec 01, JOHNSON ROBERT D sold 250 shares at 538.25 per share. ROP shares that Director owns now total 5,346.

Among the insiders who sold shares, WRIGHT CHRISTOPHER disposed of 250 shares on Nov 27 at a per-share price of $525.93. This resulted in the Director holding 36,227 shares of ROP after the transaction. In another insider transaction, HUNN LAURENCE NEIL sold 13,468 shares at $511.58 per share on Nov 09. Company shares held by the President and CEO now total 114,713.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Roper Technologies Inc pays an annual dividend of $2.80, resulting in a dividend yield of 0.50%, and it has a price to earnings (P/E) ratio of 43.74.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ROP in the last 3 months, the mean price target is $598.23 with high estimates of $679.00 and low estimates of $515.00. In terms of 52-week highs and lows, ROP has a high of $562.69 and a low of $416.77.

As of this writing, ROP has an earnings estimate of $4.34 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $4.38 per share and a lower estimate of $4.32. The company reported an EPS of $4.32 in the last quarter, which was 2.40% higher than expectations of $4.22.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ROP’s latest balance sheet shows that the firm has $351.50M in Cash & Short Term Investments as of fiscal 2021. There were $7.97B in debt and $3.12B in liabilities at the time. Its Book Value Per Share was $159.51, while its Total Shareholder’s Equity was $11.56B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ROP is Buy with a score of 4.27.

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