Roper Technologies Inc. (ROP) has seen continuous influx and decrease of shares by significant financial institutions. Companies like
Gilbert & Cook Inc.,
Stifel Financial Corp, and
TD Asset Management Inc. have increased their stakes, while others like
Parnassus Investments LLC, and
SageView Advisory Group LLC have reduced. The company's performance has been a mix of highs and lows lately, with reports of strong revenue and EBITDA growth for Q4 and FY 2023, and ROP's Q1 earnings surpassing estimates. This positive trend led to
Roper Technologies raising its full-year guidance. However, some investors remain cautious due to some concerns.
Down -7.23% in 4 weeks, Wall Street's Insights on Key Metrics weigh in on possible reasons that might explain ROP's status. Furthermore, Roper's stocks have been given
'Moderate Buy' by brokerages.
Major acquisitions and successful bids, such as with Procare Solutions and Vertafore, with a $5.5 billion bid respectively, have boosted its annual outlook. Additionally, it has also moved to Nasdaq
Roper Technologies ROP News Analytics from Sat, 10 Jun 2023 07:00:00 GMT to Sun, 02 Jun 2024 12:13:04 GMT -
Rating 5
- Innovation 5
- Information 8
- Rumor -3
