Roper Technologies (ROP) has had various positive financial movements, according to released news. The company's Q2 earnings beat expectations with a GAAP EPS of $3.12 and revenue at $1.72 billion. Roper Technologies' application software sales also increased YoY, and it raised its full-year guidance. Along with that, several financial entities are investing in ROP. EP Wealth Advisors LLC invested $276,000, Covestor Ltd acquired 20 shares, and American International Group Inc. grew its position, among others. R.W. Baird upgraded ROP's rating to strong-buy and outperform. Despite a price target cut, ROP's shares achieved a new 52-week high at $579.10, although they later gapped down to $574.27. Some analysts recommend ROP due to its long-term growth aspects and strong revenue and EBITDA growth in Q4 2023. Nevertheless, ROP's earnings have raised questions about quality, and some even call the company's fundamentals uncertain, while others are not concerned about its share price.
Roper Technologies ROP News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 28 Jul 2024 16:40:56 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor 5
