Roper Industries Director Robert D. Johnson Unloads 1,000 Shares (ROP)
Roper Industries (NYSE:ROP) Director Robert D. Johnson sold 1,000 shares of Roper Industries stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $143.94, for a total transaction of $143,940.00. Following the completion of the transaction, the director now directly owns 11,500 shares in the company, valued at approximately $1,655,310. The transaction was disclosed in a filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on ROP shares. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Roper Industries in a research note on Tuesday, July 29th. They now have a $170.00 price target on the stock, up previously from $167.00. Separately, analysts at Barclays raised their price target on shares of Roper Industries from $163.00 to $166.00 in a research note on Tuesday, July 29th. They now have an “overweight” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Roper Industries in a research note on Tuesday, July 29th. They now have a $150.00 price target on the stock, up previously from $140.00.
Roper Industries (NYSE:ROP) traded down 0.85% during mid-day trading on Tuesday, hitting $144.09. 388,479 shares of the company’s stock traded hands. Roper Industries has a 52-week low of $122.97 and a 52-week high of $151.45. The stock’s 50-day moving average is $145.4 and its 200-day moving average is $138.9. The company has a market cap of $14.392 billion and a price-to-earnings ratio of 24.10.
Roper Industries (NYSE:ROP) last released its earnings data on Monday, July 28th. The company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.06. The company had revenue of $885.00 million for the quarter, compared to the consensus estimate of $873.20 million. During the same quarter in the previous year, the company posted $1.31 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. On average, analysts predict that Roper Industries will post $6.33 earnings per share for the current fiscal year.
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.
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