Stock of the Day

August 2, 2019

Roper Technologies (ROP)

$574.05
-$7.37 (-1.3%)
Market Cap: $62.35B

About Roper Technologies

Roper Technologies, Inc. designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; data analytics and information; and pharmacy software solutions. The Technology Enabled Products segment offers ultrasound accessories; dispensers and metering pumps; wireless sensor network and solutions automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; RFID card readers; and medical devices. It distributes and sells its products through direct sales, manufacturers' representatives, resellers, and distributors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. The company was incorporated in 1981 and is based in Sarasota, Florida.

Roper Technologies Bull Case

Here are some ways that investors could benefit from investing in Roper Technologies, Inc.:

  • Recent analyst upgrades have increased target prices significantly, with firms like Oppenheimer raising their target from $630.00 to $640.00, indicating strong market confidence in the company's growth potential.
  • The stock is currently priced around $578.05, which may present a buying opportunity for investors looking to enter at a lower price before potential upward movements.
  • Roper Technologies, Inc. has received multiple "buy" and "strong buy" ratings from analysts, suggesting a consensus that the stock is likely to perform well in the near future.
  • The company operates in diverse segments, including Application Software and Technology Enabled Products, which can provide stability and growth opportunities across different markets.
  • Insider activity shows confidence in the company, with executives like the CFO and Director recently selling shares, which can indicate a strategic move rather than a lack of confidence in the company's future.

Roper Technologies Bear Case

Investors should be bearish about investing in Roper Technologies, Inc. for these reasons:

  • Despite the positive outlook from analysts, one analyst has issued a sell rating, which could indicate potential risks or concerns about the stock's performance.
  • Insider sales, while sometimes viewed positively, can also raise concerns about the executives' confidence in the company's future performance, especially with the CFO reducing their stake by 8.69%.
  • The average target price set by analysts is $622.30, which is higher than the current stock price, suggesting that the stock may not have immediate upside potential.
  • Market volatility can impact technology stocks significantly, and Roper Technologies, Inc. operates in a sector that can be sensitive to economic changes and market conditions.
  • With a consensus rating of "Moderate Buy," there may be a lack of overwhelming enthusiasm from analysts, which could suggest caution for potential investors.

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