Roper Technologies Inc (ROP) is Initiated by Argus to Hold

Roper Technologies Inc (ROP) was Initiated by Argus to “Hold”. Argus advised their investors in a research report released on Oct 19, 2016.

Many Wall Street Analysts have commented on Roper Technologies Inc. Roper Technologies Inc was Upgraded by JP Morgan to ” Neutral” on Aug 1, 2016. Shares were Reiterated by RBC Capital Mkts on Jul 26, 2016 to “Outperform” and Lowered the Price Target to $ 196 from a previous price target of $205 .

On the company’s financial health, Roper Technologies Inc reported $1.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus of $1.61. The company had revenue of $934.00 million for the quarter, compared to analysts expectations of $955.47 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 EPS.

Roper Technologies Inc closed down -0.94 points or -0.54% at $172.94 with 4,83,411 shares getting traded on Friday. Post opening the session at $173.87, the shares hit an intraday low of $172.92 and an intraday high of $175.585 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Aug 17, 2016, Robert D Johnson (director) sold 1,400 shares at $173.41 per share price. According to the SEC, on Aug 12, 2016, John Humphrey (EVP, Chief Financial Officer) sold 40,000 shares at $172.92 per share price. On Aug 2, 2016, Robert E Jr Knowling (director) sold 4,000 shares at $171.54 per share price, according to the Form-4 filing with the securities and exchange commission.

Roper Technologies Inc. (Roper) formerly Roper Industries Inc. is a diversified technology company. The Company operates in four segments including Medical and Scientific Imaging segment which offers products and software in medical applications and digital imaging products; RF Technology segment which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology segment which produces fluid handling pumps materials analysis equipment and consumables leak testing equipment flow measurement and metering equipment and water meter and automatic meter reading products and systems and Energy Systems and Controls segment which produces control systems fluid properties testing equipment industrial valves and controls vibration sensors and controls and non-destructive inspection and measurement products and solutions.

Roper Technologies Inc

Leave a Reply

Roper Technologies Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Roper Technologies Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.