Roper Technologies Inc

Roper Technologies Inc Stock Forecast & Price Prediction

Live Roper Technologies Inc Stock (ROP) Price
$565.14

13

Ratings

  • Buy 10
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$565.14

P/E Ratio

41.65

Volume Traded Today

$382,964

Dividend

$0.75

52 Week High/low

579.10/508.22

Roper Technologies Inc Market Cap

$60.56B

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ROP Summary

From what 13 stock analysts predict, the share price for Roper Technologies Inc (ROP) might increase by 8.38% in the next year. This is based on a 12-month average estimation for ROP. Price targets go from $535 to $672.31. The majority of stock analysts believe ROP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ROP Analyst Ratings

ROP is a stock in Technology which has been forecasted to be worth $612.51 as an average. On the higher end, the forecast price is $672.31 USD by from and on the lower end ROP is forecasted to be $535 by Joseph Giordano from TD Cowen.

ROP stock forecast by analyst

These are the latest 20 analyst ratings of ROP.

Analyst/Firm

Rating

Price Target

Change

Date

Terry Tillman
Truist Securities

Buy

$665

Reiterates

Oct 24, 2024
Joe Vruwink
Baird

Outperform

$652

Maintains

Oct 24, 2024
Deane Dray
RBC Capital

Outperform

$666

Maintains

Oct 24, 2024
Brett Linzey
Mizuho

Neutral

$565

Maintains

Oct 17, 2024
Terry Tillman
Truist Securities

Buy

$660

Reiterates

Aug 27, 2024
Brent Thill
Jefferies

Buy

$635

Maintains

Aug 16, 2024
Deane Dray
RBC Capital

Outperform

$675

Maintains

Aug 16, 2024
Deane Dray
RBC Capital

Outperform

$674

Maintains

Jul 25, 2024
Joe Vruwink
Baird

Outperform

$635

Upgrade

Jul 25, 2024
Christopher Glynn
Oppenheimer

Outperform

$630

Maintains

Jul 25, 2024

Barclays

Overweight


Maintains

Jul 11, 2024
Julian Mitchell
Barclays

Overweight

$625

Maintains

Jul 10, 2024
Brad Hewitt
Wolfe Research

Peer Perform


Downgrade

Jun 13, 2024
Deane Dray
RBC Capital

Outperform

$680

Maintains

Apr 29, 2024
Brett Linzey
Mizuho

Neutral

$530

Maintains

Apr 29, 2024
Christopher Glynn
Oppenheimer

Outperform

$650

Maintains

Apr 29, 2024
Julian Mitchell
Barclays

Overweight

$600

Maintains

Apr 2, 2024
Christopher Glynn
Oppenheimer

Outperform

$650

Maintains

Mar 22, 2024
Julian Mitchell
Barclays

Overweight

$596

Maintains

Feb 5, 2024
Brian Gesuale
Raymond James

Strong Buy

$620

Maintains

Feb 2, 2024

ROP Company Information

What They Do: Develops software and technology-enabled solutions.

Business Model: Roper Technologies operates through three segments: Application Software, Network Software, and Technology Enabled Products. The company generates revenue by providing a wide range of software solutions across various industries, including finance, healthcare, and foodservice, alongside technology-enabled products like medical devices and measurement systems. Its distribution channels include direct sales, manufacturers' representatives, resellers, and distributors.

Other Information: Incorporated in 1981 and based in Sarasota, Florida, Roper Technologies was formerly known as Roper Industries, Inc. The company has a diverse product portfolio that caters to essential sectors, indicating a robust and versatile presence in the technology market.
ROP
Roper Technologies Inc (ROP)

When did it IPO

1992

Staff Count

16,800

Country

United States

Sector/Industry

Technology/Softwareโ€”Application

CEO

Mr. Laurence Neil Hunn

Market Cap

$60.56B

Roper Technologies Inc (ROP) Financial Data

In 2023, ROP generated $6.18B in revenue, which was a increase of 15.00% from the previous year. This can be seen as a signal that ROP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$4.02B

Revenue From 2021

$4.83B

20.17 %
From Previous Year

Revenue From 2022

$5.37B

11.13 %
From Previous Year

Revenue From 2023

$6.18B

15.00 %
From Previous Year
  • Revenue TTM $6.78B
  • Operating Margin TTM 28.1%
  • Gross profit TTM $4.31B
  • Return on assets TTM 4.0%
  • Return on equity TTM 8.2%
  • Profit Margin 21.8%
  • Book Value Per Share 172.67%
  • Market capitalisation $60.56B
  • Revenue for 2021 $4.83B
  • Revenue for 2022 $5.37B
  • Revenue for 2023 $6.18B
  • EPS this year (TTM) $13.56

Roper Technologies Inc (ROP) Latest News

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Keelvar announced an integration with DAT Freight & Analytics, providing real-time access to spot and contract rates on its platform, enhancing decision-making for shippers.

Why It Matters - Keelvar's integration with DAT enhances its platform with real-time pricing insights, potentially increasing efficiency for shippers and improving competitive positioning in logistics.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Roper Technologies declared a quarterly cash dividend of $0.825 per share, a 10% increase from 2024. It will be paid on January 17, 2025, to shareholders recorded as of January 3, 2025.

Why It Matters - Roper Technologies' 10% dividend increase signals strong financial health and commitment to returning value, potentially attracting income-focused investors and boosting stock demand.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - IntelliTrans has appointed Mayank Sharma as Chief Product Officer to enhance its product strategy and development, aiming to improve transportation management solutions for customers.

Why It Matters - The appointment of Mayank Sharma as Chief Product Officer signals a potential shift in product innovation at IntelliTrans, which may impact competitive positioning and market growth.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - PowerPlan has promoted Paresh Patel, Jim Dahlby, and Sarah Park to senior executive roles, highlighting its focus on innovation and leadership in the energy sector.

Why It Matters - Executive promotions at PowerPlan signal strategic shifts that may enhance operational efficiency and innovation, potentially boosting the company's market position and investor confidence.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Three growth stocks are highlighted as solid long-term investments that may aid in wealth growth for investors.

Why It Matters - Identifying solid growth stocks indicates potential for capital appreciation, attracting investors looking for long-term wealth accumulation and portfolio diversification.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Roper Technologies, Inc. held its Q3 2024 earnings call on October 23, 2024, featuring executives including CEO Neil Hunn and CFO Jason Conley, with participation from various analysts.

Why It Matters - The earnings call will provide insights into Roper Technologies' financial performance, strategies, and outlook, influencing investor sentiment and stock valuation.

...

ROP Frequently asked questions

The highest forecasted price for ROP is $672.31 from at .

The lowest forecasted price for ROP is $535 from Joseph Giordano from TD Cowen

The ROP analyst ratings consensus are 10 buy ratings, 3 hold ratings, and 0 sell ratings.