Rogers (NYSE:ROG) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Rogers (NYSE:ROG) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

ROG has been the topic of several other reports. Zacks Research raised shares of Rogers from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. B. Riley reissued a “buy” rating on shares of Rogers in a report on Thursday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $85.00.

Rogers Stock Down 1.0%

ROG opened at $87.36 on Friday. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of -24.06 and a beta of 0.46. Rogers has a 52 week low of $51.43 and a 52 week high of $114.05. The business’s 50 day moving average is $82.18 and its two-hundred day moving average is $72.66.

Rogers (NYSE:ROG) last posted its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.20. The business had revenue of $216.00 million during the quarter, compared to the consensus estimate of $207.53 million. Rogers had a positive return on equity of 2.90% and a negative net margin of 8.35%. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. Equities analysts expect that Rogers will post 3.57 EPS for the current fiscal year.

Insider Transactions at Rogers

In other news, SVP Brian Keith Larabee sold 775 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $85.87, for a total transaction of $66,549.25. Following the completion of the transaction, the senior vice president directly owned 4,462 shares of the company’s stock, valued at approximately $383,151.94. This represents a 14.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.35% of the company’s stock.

Institutional Trading of Rogers

A number of institutional investors have recently modified their holdings of the business. Y Intercept Hong Kong Ltd raised its position in Rogers by 70.2% in the third quarter. Y Intercept Hong Kong Ltd now owns 15,992 shares of the electronics maker’s stock worth $1,287,000 after acquiring an additional 6,594 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Rogers by 7.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,574 shares of the electronics maker’s stock worth $377,000 after purchasing an additional 317 shares in the last quarter. Inspire Advisors LLC acquired a new position in shares of Rogers during the 3rd quarter worth $208,000. SG Americas Securities LLC increased its holdings in shares of Rogers by 73.2% in the 3rd quarter. SG Americas Securities LLC now owns 3,662 shares of the electronics maker’s stock valued at $295,000 after purchasing an additional 1,548 shares in the last quarter. Finally, Ethic Inc. acquired a new stake in shares of Rogers in the third quarter valued at about $226,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.