最新ニュース Roper Techs (NASDAQ:ROP) 株価情報

Roper Techs

Roper Technologies is a diversified technology company that operates three segments: application software, network software, and technology enabled products. Roper acquires asset light, cash generative businesses and deploys excess cash to acquire further portfolio companies. The firm operates a highly decentralized model with portfolio company management holding autonomy and accountability for key operational decisions, and a small, centralized team overseeing capital deployment and providing executive coaching and reviewing strategic goals.

Roper Technologies

Roper Technologies Inc

Roper Techs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NYSE">ROP</a>) short percent of float has risen 10.62% since its last report. The company recently reported that it has 1.33 million shares sold short, which is 1.25% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.91 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Roper Techs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731509118_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Roper Techs has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Roper Techs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Roper Techs's peer group average for short interest as a percentage of float is 3.41%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Is The Market Feeling About Roper Techs?

Donald Trump will return to the White House and will bring major changes to the country's tax, AI and energy policies. RBC Capital Markets analyst Deane Dray highlighted some of the companies that may benefit <a href="https://www.benzinga.com/government/24/11/41828468/trump-says-hed-replace-income-taxes-with-tariffs-the-potential-economic-fallout">from Trump's policies. </a>
Fossil Fuel/ Energy Independence: Trump's plans for energy independence would reverse many of the Biden administration's policies in order to reinvigorate the fossil fuel industry. He aims to expand the construction of pipelines, grids, ports and refineries and emphasizes utilizing domestic oil, gas and coal resources. Dray pointed to Flowserve Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLS#NYSE">FLS</a>) and Emerson Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) as potential beneficiaries of Trump's energy policies. 
Read Next: <a href="https://www.benzinga.com/news/24/11/41781921/what-does-trumps-victory-mean-for-ev-giant-tesla-and-the-big-3-automakers">What Does Trump&#8217;s Victory Mean For EV Giant Tesla And The Big 3 Automakers?</a>
Rollback of IRA/ Reduced Clean Energy Investments: Trump has said he plans<a href="https://www.benzinga.com/news/24/07/39854007/trump-says-he-will-end-the-electric-vehicle-mandate-on-day-one-days-after-tesla-ceo-elon-musks-endor"> to eliminate</a> many vehicle emissions standards under the Environmental Protection Agency as well as many EV incentives included in the Biden administration&#8217;s Inflation Reduction Act (IRA). 
The RBC analyst again pointed to oil and gas companies as the key companies that could benefit from these potential policy adjustments, but cautioned it is too early to tell what the impacts might be for nuclear power companies. 
More Flexible/Reduced AI Regulation: RBC expects a Trump administration to be in favor of Big Tech and AI developers as he has called for a review of "unnecessary and burdensome regulations" on AI. The firm also pointed out that multi-industry data center-exposed stocks outperformed the sector by 500 basis points the day after Trump won the election. 
Dray said multi-industry companies involved in data centers that could benefit from Trump's less restrictive AI policies include nVent Electric Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) and Eaton Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>). 
Lower Corporate Tax Rate: Trump <a href="https://www.benzinga.com/government/24/10/41623850/trump-vs-harris-how-the-candidates-corporate-tax-proposals-stack-up">shared his plans</a> to lower the corporate tax rate to 15% for companies that make their products in the U.S. The RBC analyst sees lower corporate tax rates could lead to more reshoring from semiconductor and pharmaceutical companies and potentially more investment in the US. 
Dray pointed to Roper Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) specifically, but most publicly traded companies could benefit from lower tax rates. 
The Takeaway: "The bottom line is that early stock moves are playing out according to script, with the early stock outperformers being the electricals and oil and gas exposed names," Dray wrote. 
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/11/41774549/trumps-big-tech-policies-what-gop-victory-means-for-apple-google-microsoft">Trump&#8217;s Big Tech Policies: What GOP Victory Means For Apple, Google, Microsoft</a></li>
</ul>
Photo: Shutterstock

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Shares of software companies are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Dividends

Roper Technologies Increases Quarterly Dividend From $0.75 To $0.825 Per Share

Roper Techs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NYSE">ROP</a>) short percent of float has risen 8.65% since its last report. The company recently reported that it has 1.21 million shares sold short, which is 1.13% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Roper Techs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730493021_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Roper Techs has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Roper Techs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Roper Techs's peer group average for short interest as a percentage of float is 3.25%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

RBC Capital analyst Deane Dray maintains Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) with a Outperform and lowers the price target from $675 to $666.

Price Target

Analyst Ratings

RBC Capital Maintains Outperform on Roper Techs, Lowers Price Target to $666

Truist Securities analyst Terry Tillman reiterates Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) with a Buy and raises the price target from $660 to $665.

Reiteration

Truist Securities Reiterates Buy on Roper Techs, Raises Price Target to $665

Baird analyst Joe Vruwink maintains Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) with a Outperform and raises the price target from $635 to $652.

Baird Maintains Outperform on Roper Techs, Raises Price Target to $652

Roper Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) reported fiscal third-quarter 2024 <a href="https://www.benzinga.com/pressreleases/24/10/g41483573/roper-technologies-announces-third-quarter-financial-results" target="_blank" rel="noreferrer noopener">revenue growth of 13%</a> year-on-year to $1.77 billion, beating the analyst consensus estimate of $1.73 billion. 
<ul>
<li>Adjusted EPS of $4.62 beat the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">analyst consensus estimate of $4.53</a>.</li>
<li>Gross profit increased to $1.222 billion from $1.096 billion a year ago.</li>
<li>Operating income increased to $496.6 million from $446.1 million the prior quarter.</li>
<li>Adjusted EBITDA rose 10%&nbsp;year over year&nbsp;to $717 million, and the margin declined by 100 basis points to 40.7%.</li>
<li>Operating cash flow for the quarter totaled $755 million, up by 20% Y/Y.</li>
<li>The company held $269.6 million in cash and equivalents as of Sept. 30.</li>
</ul>
Also Read: <a href="https://www.benzinga.com/markets/equities/24/08/40416790/roper-strengthens-campus-solutions-offering-with-1-5b-transact-buyout-details" target="_blank" rel="noreferrer noopener">Roper Strengthens Campus Solutions Offering with $1.5B Transact Buyout: Details</a>
Roper Technologies CEO Neil Hunn said the company is increasing its full-year guidance &#8220;to the high end of the range,&#8221; citing the recurring revenue base. 
&#8220;During the third quarter, we completed the acquisition of Transact Campus, which has been combined with our CBORD business,&#8221; he added.
Outlook:&nbsp;Roper expects fiscal 2024 revenue growth of 13%+ or $6.98 billion (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38461514/software-provider-roper-tech-boosts-annual-outlook-following-q1-performance-the-details" rel="noreferrer noopener">prior ~12%</a>) vs. consensus of $6.91 billion and adjusted EPS of $18.21–$18.25 (prior $18.10–$18.25) vs. $18.21 estimate.
Roper expects adjusted EPS of $4.70–$4.74 for its fourth quarter, compared to the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">Street view of $4.77</a>.
Mizuho analyst Brett Linzey maintained Roper Techs with a Neutral and raised the <a target="_blank" href="https://www.benzinga.com/quote/ROP/analyst-ratings" rel="noreferrer noopener">price target from&nbsp;$530&nbsp;to&nbsp;$565</a>.
Price Action: ROP stock is down 0.29% at $550.50 premarket at&nbsp;last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41465662/metas-reels-monetization-and-ai-innovations-drive-top-ai-pick-analyst" target="_blank" rel="noreferrer noopener">Meta&#8217;s Reels Monetization and AI Innovations Drive Top AI Pick: Analyst</a></li>
</ul>

Earnings

Guidance

Roper Tech Q3 Earnings: 13% Revenue Growth, Higher Cash Flow, Lifts Full-Year Outlook

Updating 2024 guidance
Roper now expects full year 2024 adjusted DEPS of $18.21 - $18.25, compared to previous guidance of $18.10 - $18.25. The Company increased its full year total revenue growth outlook to 13%+ and continues to expect organic revenue growth of approximately 6%.

Roper Expects FY24 Adj. EPS $18.21-$18.25 (Prior $18.10-$18.25) vs $18.21 Est, Revenue Of $6.98B Vs $6.91B Est

Updating 2024 guidance
Roper now expects full year 2024 adjusted DEPS of $18.21 - $18.25, compared to previous guidance of $18.10 - $18.25. The Company increased its full year total revenue growth outlook to 13%+ and continues to expect organic revenue growth of approximately 6%.
For the fourth quarter of 2024, the Company expects adjusted DEPS of $4.70 - $4.74.

Roper Techs Expects Q4 Adj EPS Of $4.70-$4.74 Vs $4.77 Est

Earnings Beats

Roper Techs Q3 2024 Adj. EPS $4.62 Beats $4.53 Estimate, Sales $1.765B Beat $1.727B Estimate

Across the recent three months, 7 analysts have shared their insights on Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $639.14, a high estimate of $675.00, and a low estimate of $565.00. This current average has increased by 0.74% from the previous average price target of $634.43. 
<img src="https://www.benzinga.com/files/images/story/2024/1729166482_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Roper Techs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$565.00</td>
<td>$530.00</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$660.00</td>
<td>$660.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$675.00</td>
<td>$674.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$635.00</td>
<td>$625.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$674.00</td>
<td>$685.00</td>
</tr>
<tr>
<td>Christopher Glynn</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$630.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Joe Vruwink</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$635.00</td>
<td>$617.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Roper Techs. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Roper Techs compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Roper Techs's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Roper Techs's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ROP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Roper Techs analyst ratings.</a>
<h2>About Roper Techs</h2>
Roper Technologies is a diversified technology company that operates three segments: application software, network software, and technology enabled products. Roper acquires asset light, cash generative businesses and deploys excess cash to acquire further portfolio companies. The firm operates a highly decentralized model with portfolio company management holding autonomy and accountability for key operational decisions, and a small, centralized team overseeing capital deployment and providing executive coaching and reviewing strategic goals.
<h3>A Deep Dive into Roper Techs's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Roper Techs's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 12.12%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Roper Techs's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 19.64% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Roper Techs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.88%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Roper Techs's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.13%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.41, Roper Techs adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Roper Techs: Insights From 7 Financial Analysts

Mizuho analyst Brett Linzey maintains Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) with a Neutral and raises the price target from $530 to $565.

Mizuho Maintains Neutral on Roper Techs, Raises Price Target to $565

CBORD, a leading provider of integrated technology solutions powering access, foodservice, nutrition, commerce, and card systems for higher education, acute healthcare, senior living, and business campuses, is thrilled to announce its CBORD Online Transaction Processing solution has achieved StateRAMP Authorization, reaffirming its commitment to data security and compliance. &nbsp;
StateRAMP, a nationally recognized risk authorization management program, provides a standardized approach to assessing cloud products. Achieving StateRAMP Authorization demonstrates CBORD's dedication to meeting the highest security and compliance standards, ensuring the trust and confidence of government agencies and organizations.

CBORD, A Roper Technologies Company Announces Its CBORD Online Transaction Processing Solution Has Achieved StateRAMP Authorization, Reaffirming Its Commitment To Data Security And Compliance

Truist Securities analyst Terry Tillman reiterates Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) with a Buy and maintains $660 price target.

Truist Securities Reiterates Buy on Roper Techs, Maintains $660 Price Target

Roper Technologies, Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) (the "Company") announced today the pricing of its public offering of $500 million of 4.500% Senior Notes due 2029 (the "2029 notes"), $500 million of 4.750% Senior Notes due 2032 (the "2032 notes"), and $1 billion of 4.900% Senior Notes due 2034 (the "2034 notes" and, collectively with the 2029 notes and 2032 notes, the "notes"). The offering is expected to close, subject to the satisfaction of customary closing conditions, on August 21, 2024.
The 2029 notes will bear interest at the rate of 4.500% per year, the 2032 notes will bear interest at the rate of 4.750% per year, and the 2034 notes will bear interest at the rate of 4.900% per year. Interest on the 2029 notes and 2034 notes will be payable semi-annually on April 15 and October 15 of each year, beginning April 15, 2025, and interest on the 2032 notes will be payable semi-annually on February 15 and August 15 of each year, beginning February 15, 2025. The 2029 notes will mature on October 15, 2029, the 2032 notes will mature on February 15, 2032, and the 2034 notes will mature on October 15, 2034. The notes will be senior unsecured obligations of the Company.
Net proceeds from the sale of the notes will be used (i) to repay a portion of the borrowings outstanding under the Company's five-year unsecured credit facility, including borrowings incurred to fund the purchase price of the Company's expected acquisition of Transact Campus, Inc. ("Transact"), (ii) to repay the Company's outstanding 2.350% Senior Notes due 2024, (iii) for general corporate purposes, including future acquisitions, or (iv) for any combination of the foregoing categories. This offering is not conditioned upon the consummation of the Transact acquisition and the Transact acquisition is not conditioned on the completion of this offering.

Offerings

Reported Earlier, Roper Tech Raised $3B Via 3 Separate Senior Unsecured Notes Offering For Debt Repayment

During the last three months, 6 analysts shared their evaluations of Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $645.67, a high estimate of $675.00, and a low estimate of $625.00. Surpassing the previous average price target of $643.67, the current average has increased by 0.31%.
<img src="https://www.benzinga.com/files/images/story/2024/1723834853_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Roper Techs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$675.00</td>
<td>$674.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$635.00</td>
<td>$625.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$674.00</td>
<td>$685.00</td>
</tr>
<tr>
<td>Christopher Glynn</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$630.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Joe Vruwink</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$635.00</td>
<td>$617.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$625.00</td>
<td>$611.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Roper Techs. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Roper Techs compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Roper Techs's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Roper Techs's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ROP/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Roper Techs analyst ratings.</a>
<h2>About Roper Techs</h2>
Roper Technologies is a diversified technology company that operates three segments: application software, network software, and technology enabled products. Roper acquires asset light, cash generative businesses and deploys excess cash to acquire further portfolio companies. The firm operates a highly decentralized model with portfolio company management holding autonomy and accountability for key operational decisions, and a small, centralized team overseeing capital deployment and providing executive coaching and reviewing strategic goals.
<h3>Roper Techs: A Financial Overview</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Roper Techs showcased positive performance, achieving a revenue growth rate of 12.12% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Roper Techs's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 19.64%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Roper Techs's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.88%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Roper Techs's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.13%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Roper Techs's debt-to-equity ratio is below the industry average. With a ratio of 0.41, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For Roper Techs

RBC Capital analyst Deane Dray maintains Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) with a Outperform and raises the price target from $674 to $675.

RBC Capital Maintains Outperform on Roper Techs, Raises Price Target to $675

Roper Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) has agreed to acquire Transact Campus, Inc. for a net purchase price of $1.5 billion, which includes a $100 million tax benefit from the transaction.
The net purchase price is about 14 times the projected 2025 EBITDA, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/g40393151/roper-technologies-to-acquire-transact-campus" rel="noreferrer noopener">the company said on Thursday.</a>
Transact provides campus technology and payment solutions and offers services like campus ID software, tuition payment processing, and point-of-sale systems.
The company will merge with Roper&#8217;s CBORD business, which provides similar solutions to healthcare, education, and K-12 institutions.
The transaction is <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/n40393184/transact-campus-inc-a-reverence-capital-partners-portfolio-company-announces-sale-to-roper-technol" rel="noreferrer noopener">set to close in this quarter</a>, with Roper funding the acquisition through its cash reserves and revolving credit facility.
As of June-end, Roper&#8217;s cash and equivalents <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39927504/roper-technologies-announces-second-quarter-financial-results" rel="noreferrer noopener">stood at $251.5 million</a>.
Synergies: Transact is projected to generate around $325 million in revenue and $105 million in EBITDA in 2025, <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">with cost synergies boosting these figures</a>.
Roper anticipates long-term, high, single-digit organic revenue growth from Transact.
Neil Hunn, Roper Technologies&#8217; President and CEO, said, &#8220;Transact is an excellent business that meets all of our acquisition criteria, including mission critical solutions, strong customer retention, and excellent cash conversion.&#8221;
&#8220;Bringing together Transact and CBORD and leveraging each business&#8217;s unique core competencies will expand and accelerate the innovation they will bring to their customers.&#8221;
The combined business will use both the Transact and CBORD brand names and be led by Transact&#8217;s CEO, Nancy Langer, with CBORD&#8217;s CEO, Dan Park, serving as Chief Operating Officer.
Investors can gain exposure to the stock via&nbsp;Invesco Global Water ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIO#NASDAQ">PIO</a>) and&nbsp;Invesco Water Resources ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHO#NASDAQ">PHO</a>).
Price Action: ROP shares closed higher by 3.52% at $546.57 on Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Unsplash

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