Share on StockTwits

Roper Industries (NYSE:ROP)’s share price hit a new 52-week high on Friday , Stock Ratings News reports. The company traded as high as $144.06 and last traded at $144.06, with a volume of 124,847 shares. The stock had previously closed at $143.40.

ROP has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Roper Industries from $150.00 to $163.00 in a research note on Thursday, May 8th. They now have an “overweight” rating on the stock. Analysts at Canaccord Genuity raised their price target on shares of Roper Industries from $135.00 to $140.00 in a research note on Tuesday, April 29th. They now have a “hold” rating on the stock.

The stock has a 50-day moving average of $138. and a 200-day moving average of $135.. The company has a market cap of $14.440 billion and a price-to-earnings ratio of 25.70.

Roper Industries (NYSE:ROP) last posted its quarterly earnings results on Monday, April 28th. The company reported $1.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.35 by $0.11. The company had revenue of $834.00 million for the quarter, compared to the consensus estimate of $829.22 million. During the same quarter in the prior year, the company posted $1.27 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. Analysts expect that Roper Industries will post $6.30 EPS for the current fiscal year.

In other Roper Industries news, CFO John Humphrey unloaded 58,084 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $142.22, for a total value of $8,260,706.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Roper Industries, Inc (NYSE:ROP) designs, manufactures and distributes radio frequency (RF) products, services and application software, industrial technology products, energy systems and controls and medical and scientific imaging products and software.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.