Wall Street analysts predict that Roper Technologies Inc (NYSE:ROP) will report earnings of $3.13 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Roper Technologies’ earnings, with the lowest EPS estimate coming in at $3.11 and the highest estimate coming in at $3.14. Roper Technologies posted earnings per share of $2.70 in the same quarter last year, which would indicate a positive year over year growth rate of 15.9%. The firm is scheduled to issue its next quarterly earnings report on Friday, February 1st.

On average, analysts expect that Roper Technologies will report full year earnings of $11.72 per share for the current year, with EPS estimates ranging from $11.70 to $11.73. For the next fiscal year, analysts anticipate that the firm will post earnings of $12.21 per share, with EPS estimates ranging from $11.95 to $12.90. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Roper Technologies.

Roper Technologies (NYSE:ROP) last posted its earnings results on Friday, October 26th. The industrial products company reported $3.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.94 by $0.15. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.31 billion. Roper Technologies had a net margin of 22.44% and a return on equity of 16.30%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period last year, the business posted $2.36 earnings per share.

Several equities research analysts have recently issued reports on ROP shares. Zacks Investment Research downgraded shares of Roper Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 24th. ValuEngine raised shares of Roper Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, July 25th. Raymond James downgraded shares of Roper Technologies from a “strong-buy” rating to an “outperform” rating in a research report on Friday, July 27th. They noted that the move was a valuation call. JPMorgan Chase & Co. increased their price objective on shares of Roper Technologies from $303.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, July 27th. Finally, Cowen reissued a “buy” rating and set a $330.00 price objective on shares of Roper Technologies in a research report on Tuesday, July 31st. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $317.82.

Shares of ROP stock opened at $289.34 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.76 and a debt-to-equity ratio of 0.58. Roper Technologies has a 12-month low of $252.23 and a 12-month high of $312.65. The firm has a market cap of $30.70 billion, a PE ratio of 30.72, a P/E/G ratio of 2.05 and a beta of 1.14.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 23rd. Stockholders of record on Wednesday, January 9th will be given a dividend of $0.4625 per share. This is an increase from Roper Technologies’s previous quarterly dividend of $0.41. This represents a $1.85 annualized dividend and a dividend yield of 0.64%. Roper Technologies’s dividend payout ratio is currently 17.52%.

In other Roper Technologies news, Director Richard F. Wallman bought 500 shares of the firm’s stock in a transaction that occurred on Friday, September 14th. The stock was acquired at an average price of $312.35 per share, with a total value of $156,175.00. Following the completion of the transaction, the director now owns 52,965 shares in the company, valued at $16,543,617.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert D. Johnson sold 750 shares of the firm’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $298.37, for a total transaction of $223,777.50. The disclosure for this sale can be found here. 2.30% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Psagot Investment House Ltd. bought a new position in Roper Technologies in the third quarter valued at $124,000. Harvest Fund Management Co. Ltd bought a new position in Roper Technologies in the third quarter valued at $126,000. Fort L.P. bought a new position in Roper Technologies in the second quarter valued at $120,000. IFP Advisors Inc grew its position in Roper Technologies by 82.1% in the third quarter. IFP Advisors Inc now owns 519 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 234 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in Roper Technologies in the second quarter valued at $149,000. 92.44% of the stock is owned by institutional investors and hedge funds.

About Roper Technologies

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. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID card readers, and metering and remote monitoring products.

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