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Assessing Roper Techs: Insights From 9 Financial Analysts
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Assessing Roper Techs: Insights From 9 Financial Analysts
Mar 22, 2024 7:24 AM

9 analysts have expressed a variety of opinions on Roper Techs over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 6 2 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 1 4 1 0 0
3M Ago 0 1 1 0 0

In the assessment of 12-month price targets, analysts unveil insights for Roper Techs, presenting an average target of $595.89, a high estimate of $650.00, and a low estimate of $525.00. Surpassing the previous average price target of $568.86, the current average has increased by 4.75%.

Exploring Analyst Ratings: An In-Depth Overview

The standing of Roper Techs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christopher Glynn Oppenheimer Raises Outperform $650.00 $580.00
Julian Mitchell Barclays Raises Overweight $596.00 $580.00
Brian Gesuale Raymond James Raises Strong Buy $620.00 $572.00
Brett Linzey Mizuho Raises Neutral $525.00 $500.00
Deane Dray RBC Capital Raises Outperform $622.00 $620.00
Christopher Glynn Oppenheimer Maintains Outperform $580.00 -
Allison Poliniak Wells Fargo Raises Overweight $615.00 $560.00
Deane Dray RBC Capital Raises Outperform $620.00 $570.00
Joseph Giordano TD Cowen Maintains Market Perform $535.00 -

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Roper Techs. This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Roper Techs compared to the broader market.

Price Targets: Understanding forecasts, analysts offer estimates for Roper Techs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Capture valuable insights into Roper Techs's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Roper Techs analyst ratings.

Unveiling the Story Behind Roper Techs

Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.

Understanding the Numbers: Roper Techs's Finances

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Roper Techs showcased positive performance, achieving a revenue growth rate of 12.76% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, 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 24.11%, 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 2.26%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.38%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Roper Techs's debt-to-equity ratio is below the industry average at 0.37, reflecting a lower dependency on debt financing and a more conservative financial approach.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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