Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates in Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES), and Other segments. The ACS segment offers circuit materials and solutions for connectivity applications in wireless infrastructure, automotive, aerospace and defense, connected devices, and wired infrastructure under the RO4000, RO3000, RT/duroid, TMM, AD Series, CuClad, Kappa, DiClad, IsoClad, COOLSPAN, MAGTREX, TC Series, IM Series, 92ML, and CLTE Series names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications for general industrial, portable electronics, automotive, mass transit, aerospace and defense, footwear and impact mitigation, and printing markets; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable, electrical insulation, and automotive applications under the PORON, BISCO, DeWAL, ARLON, Griswold, eSORBA, XRD, HeatSORB, and R/bak names. The PES segment offers ceramic substrate materials, busbars, and cooling solutions under the curamik and ROLINX names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.
IPO Year: 1960
Exchange: NYSE
Website: rogerscorp.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/14/2023 | $185.00 | Market Outperform | CJS Securities |
2/14/2023 | $180.00 | Buy | B. Riley Securities |
12/14/2021 | $277.00 | Market Outperform → Market Perform | CJS Securities |
11/4/2021 | $225.00 → $277.00 | Buy → Hold | Stifel |
11/4/2021 | $233.00 → $277.00 | Buy → Hold | Canaccord Genuity |
11/3/2021 | Outperform → Peer Perform | Wolfe Research | |
7/30/2021 | $260.00 → $233.00 | Buy | Canaccord Genuity |
The VENTANA FOLR1 (FOLR1-2.1) RxDx Assay detects the folate receptor 1 protein (FOLR1 or FRɑ), which is over-expressed in most ovarian cancers.The test identifies ovarian cancer patients eligible for targeted treatment with ELAHERE.This certification follows the unprecedented decision by regulators to grant an early exemption approval for the test in Germany and Austria earlier this year.TUCSON, Ariz., Nov. 18, 2024 /PRNewswire/ -- Roche ((SIX: RO, ROG, OTCQX:RHHBY) announced today that it has received CE Mark for its VENTANA® FOLR1 (FOLR1-2.1) RxDx Assay. This is the first immunohistochemistry (IHC) companion diagnostic test to be made widely available in Europe to aid in identifying epithe
Improved Operating Margin Drives Further Earnings Growth Rogers Corporation (NYSE:ROG) today announced financial results for the third quarter of 2024. "Third-quarter results were mixed with earnings that exceeded our guidance expectations and sales that were below the low end of our outlook," stated Colin Gouveia, Rogers' President and CEO. "The higher earnings resulted from our ongoing focus on operational improvements, improved product mix, and careful expense management. Sales for the quarter were lower than expected due to softer EV/HEV demand and a lower seasonal peak in portable electronics sales. Looking ahead to the fourth quarter, we expect sales to decline due to typical season
The new VENTANA CLDN18 (43-14A) RxDx Assay helps fulfil an unmet medical need by enabling clinicians to identify patients with gastric or gastroesophageal junction (GEJ) cancer who may benefit from a targeted treatment option. CLDN18.2 is an emerging biomarker in gastric and GEJ cancers and helps predict the likelihood of response to targeted therapy.As the leader in companion diagnostics, Roche continues to build on its commitment to improve personalised healthcare to enable better patient outcomes.TUCSON, Ariz., Oct. 18, 2024 /PRNewswire/ -- Roche ((SIX: RO, ROG, OTCQX:RHHBY) announced today that the VENTANAⓇ CLDN18 (43-14A) RxDx Assay is the first U.S. Food and Drug Administration (FDA) a
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce third quarter 2024 results on October, 24, 2024 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Laura Russell, Interim Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect
Survey findings from over 8,700 people in 12 countries show that half of those polled have inadequate understanding of HPV, with nearly one-third being unsure or unaware of it altogether.1Findings also show that significant barriers continue to exist that are preventing women from seeking screening.1However, more than 70% of the respondents indicated they would be interested in the option of collecting their own sample for screening if available.TUCSON, Ariz., Oct. 8, 2024 /PRNewswire/ -- GWI research commissioned by Roche ((SIX: RO, ROG, OTCQX:RHHBY) and carried out across 12 countries in Latin America and Europe has revealed that half of those polled have either limited or no awareness of
ANDOVER, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, today announced that Ram Mayampurath has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. He will report directly to John T.C. Lee, President and Chief Executive Officer, and will be a member of MKS' executive team. A global business leader with more than 25 years of experience in financial strategy, thought leadership, and value creation for shareholders and stakeholders, Mr. Mayampurath will join MKS from Rogers Corporation (NYSE:ROG), where he most recently served as Senior Vice P
Rogers Corporation (NYSE:ROG) ("Rogers") announced today that Ram Mayampurath has resigned as Chief Financial Officer (CFO) to pursue another opportunity. Mr. Mayampurath will remain with Rogers through September 2024 to ensure an orderly transition. Effective August 12, 2024, Laura Russell will assume the role of interim CFO. Ms. Russell joined Rogers in September 2023 as Vice President of Finance and previously served in senior finance roles at Wolfspeed and NXP Semiconductors. "I want to thank Ram for his leadership and contributions to Rogers over the past 10 years," said Colin Gouveia, Rogers' President and CEO. "Since taking over as CFO in 2021, Ram has driven key initiatives to i
Stronger Gross Margin Drives Improved Results Rogers Corporation (NYSE:ROG) today announced financial results for the second quarter of 2024. "Solid execution contributed to results that were in line with our second quarter expectations," stated Colin Gouveia, Rogers' President and CEO. "Sales were near the mid-point of our Q2 guidance, as stronger portable electronics and wireless infrastructure revenues were tempered by lower general industrial demand. We achieved record quarterly sales of our leading EV battery solutions, but overall EV/HEV results were mixed as power substrate sales declined due to elevated customer inventory levels. Stronger gross margin results drove higher earnin
Roche will unveil the next generation of core lab and molecular systems, including a total solution for clinical mass spectrometry.Attendees can experience firsthand how fully integrated systems and data solutions can streamline lab operations, optimize resources and expedite care.The Roche exhibit booth and Roche Idea Lab series featuring industry experts will highlight how elevating diagnostics can lead to more insights and better patient outcomes.INDIANAPOLIS and CHICAGO, July 25, 2024 /PRNewswire/ -- Roche ((SIX: RO, ROG, OTCQX:RHHBY) will showcase a laboratory of the future exhibit at the 2024 Association for Diagnostics & Laboratory Medicine (ADLM) Scientific Meeting and Clinical Lab E
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce second quarter 2024 results on July 25, 2024 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Ram Mayampurath, Senior Vice President and Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power,
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Improved Operating Margin Drives Further Earnings Growth Rogers Corporation (NYSE:ROG) today announced financial results for the third quarter of 2024. "Third-quarter results were mixed with earnings that exceeded our guidance expectations and sales that were below the low end of our outlook," stated Colin Gouveia, Rogers' President and CEO. "The higher earnings resulted from our ongoing focus on operational improvements, improved product mix, and careful expense management. Sales for the quarter were lower than expected due to softer EV/HEV demand and a lower seasonal peak in portable electronics sales. Looking ahead to the fourth quarter, we expect sales to decline due to typical season
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce third quarter 2024 results on October, 24, 2024 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Laura Russell, Interim Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect
Stronger Gross Margin Drives Improved Results Rogers Corporation (NYSE:ROG) today announced financial results for the second quarter of 2024. "Solid execution contributed to results that were in line with our second quarter expectations," stated Colin Gouveia, Rogers' President and CEO. "Sales were near the mid-point of our Q2 guidance, as stronger portable electronics and wireless infrastructure revenues were tempered by lower general industrial demand. We achieved record quarterly sales of our leading EV battery solutions, but overall EV/HEV results were mixed as power substrate sales declined due to elevated customer inventory levels. Stronger gross margin results drove higher earnin
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce second quarter 2024 results on July 25, 2024 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Ram Mayampurath, Senior Vice President and Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power,
Q1 Sales And EPS Exceed Mid-Point Of Guidance As Outlook Improves Rogers Corporation (NYSE:ROG) today announced financial results for the first quarter of 2024. "We are encouraged by the improving demand that we saw in the first quarter, which resulted in sales near the top end of our guidance expectations," stated Colin Gouveia, Rogers' President and CEO. "Aerospace and defense sales were strong in the first quarter and after a prolonged downturn, the outlook for the general industrial market is improving with lower customer inventory levels and positive order trends. We expect overall sales to improve further in the coming quarters, tempered by some markets which continue to face near
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce first quarter 2024 results on April 25, 2024 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Ram Mayampurath, Senior Vice President and Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power,
Navigating Challenging Environment With Focus On Execution Rogers Corporation (NYSE:ROG) today announced financial results for the full year and fourth quarter of 2023. "We made significant progress this past year as we drove structural cost improvements, secured new design wins, generated solid free cash flow, and invested in targeted capacity expansions to drive future growth," stated Colin Gouveia, Rogers' President and CEO. "In the fourth quarter, the macroeconomic headwinds we faced throughout 2023 persisted, resulting in further inventory destocking by customers and softness in many end markets. The lower sales volumes, especially in industrial and portable electronics markets, mo
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce fourth quarter and full year 2023 results on February 21, 2024 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Ram Mayampurath, Senior Vice President and Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered ma
Operating Performance Drives Further Gross Margin and Earnings Improvement Rogers Corporation (NYSE:ROG) today announced financial results for the third quarter of 2023. "We continued our strong operating performance in the third quarter as we increased gross margin to over 35%, which drove stronger earnings and operating cash flow," stated Colin Gouveia, Rogers' President and CEO. "This marks the third consecutive quarter of gross margin improvement and delivers on the margin commitments we made previously. We are pleased with our progress thus far and remain committed to further improving our cost structure with our operational excellence initiatives. Third quarter sales were nearly f
Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce third quarter results on October 26 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Colin Gouveia, President and Chief Executive Officer, who will be joined by Ram Mayampurath, Senior Vice President and Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at https://rogerscorp.com/investors. A replay of the event will also be available on the Investor Relations' website. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect a
ANDOVER, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that transform our world, today announced that Ram Mayampurath has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. He will report directly to John T.C. Lee, President and Chief Executive Officer, and will be a member of MKS' executive team. A global business leader with more than 25 years of experience in financial strategy, thought leadership, and value creation for shareholders and stakeholders, Mr. Mayampurath will join MKS from Rogers Corporation (NYSE:ROG), where he most recently served as Senior Vice P
Veteran Operations Executive Larry Schmid to Lead Rogers' Global Operations and Supply Chain Management Rogers Corporation (NYSE:ROG) ("Rogers") today announced the appointment of Larry Schmid as Senior Vice President, Global Operations and Supply Chain. In this role, Mr. Schmid will direct the operational and supply chain organizations across Rogers' global operations, including in the U.S, China, Belgium, Germany, England, South Korea and Hungary. He will also implement Rogers' ongoing operational excellence initiatives to improve financial performance. "We are pleased to welcome Larry to Rogers and benefit from his more than 20 years of experience in global manufacturing operations and
Colin Gouveia to be Appointed President and CEO; Bruce Hoechner to Retire at Year End Rogers Corporation (NYSE:ROG) ("Rogers") today announced that Bruce D. Hoechner, President and Chief Executive Officer, has decided to retire, effective December 31, 2022. The Rogers Board of Directors plans to appoint Colin Gouveia, Senior Vice President and General Manager of Rogers' Elastomeric Material Solutions (EMS) business unit, to succeed him. To support a smooth transition process, Mr. Hoechner will remain as a member of the Board of Directors and act in an advisory capacity at the Company until March 31, 2023. This press release features multimedia. View the full release here: https://www.busin
Rogers Corporation (NYSE:ROG) announced today that Ram Mayampurath has been appointed to serve as the Company's new Senior Vice President, Chief Financial Officer and Treasurer effective May 1, 2021. Mr. Mayampurath is replacing Michael Ludwig as CFO, whose retirement was previously announced. Mr. Ludwig will remain with the Company for a transition period prior to his retirement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210429005925/en/Ram Mayampurath, Chief Financial Officer (Photo: Business Wire) "Ram is a trusted advisor and an experienced finance leader who will transition smoothly into the CFO role," commented Bruce D
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) announced today that Michael M. Ludwig, Senior Vice President, Chief Financial Officer and Treasurer, intends to retire from the Company in 2021. Mr. Ludwig has not given notice of a specific retirement date and he intends to continue in his role until his successor is appointed. The process to identify a successor will begin immediately. “I want to thank Mike for his leadership and his many contributions to Rogers,” commented Bruce D. Hoechner, Rogers’ President and CEO. “Mike has been a trusted strategic partner, helping to drive significant improvements in profitability and cash flow, while maintaining a focus on gr
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) announced today that its Board of Directors appointed Megan Faust and Keith Larson to serve as members of the Company’s Board. “We are very pleased to welcome Megan and Keith to our Board of Directors,” said Peter Wallace, Lead Director of Rogers Corporation. “Megan is an active financial executive in technology manufacturing and Keith has extensive corporate development expertise in the technology space, so both are well aligned with our current operational model and strategic growth priorities. We look forward to working with both Megan and Keith on Rogers’ future success.” Megan Faust is currently Executive Vice Pr
CJS Securities initiated coverage of Rogers Corp with a rating of Market Outperform and set a new price target of $185.00
B. Riley Securities resumed coverage of Rogers Corp with a rating of Buy and set a new price target of $180.00
CJS Securities downgraded Rogers Corp from Market Outperform to Market Perform and set a new price target of $277.00
Stifel downgraded Rogers from Buy to Hold and set a new price target of $277.00 from $225.00 previously
Canaccord Genuity downgraded Rogers from Buy to Hold and set a new price target of $277.00 from $233.00 previously
Wolfe Research downgraded Rogers from Outperform to Peer Perform
Canaccord Genuity reiterated coverage of Rogers with a rating of Buy and set a new price target of $233.00 from $260.00 previously
Wolfe Research initiated coverage of Rogers with a rating of Outperform
Canaccord Genuity initiated coverage of Rogers with a rating of Buy and set a new price target of $260.00
B. Riley FBR reiterated coverage of Rogers with a rating of Buy and set a new price target of $240.00 from $225.00 previously
Rogers will continue to support its advanced circuit materials customers through its existing footprint in China and the U.S. These actions are expected to improve operating profit between $7 to $9 million annually, once fully implemented. To achieve these savings the Company expects to incur total charges in the range of $18 to $28 million, comprised of employee severance and related shutdown expenses.
Shares of Aon plc (NYSE:AON) fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results. Aon posted adjusted earnings of $5.66 per share, missing market estimates of $5.91 per share. The company's sales came in at $4.070 billion versus expectations of $4.126 billion, according to data from Benzinga Pro. Aon shares dipped 7.4% to $283.19 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) shares jumped 73.3% to $1.2475 after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa. Pineapple Energy Inc. (NASDAQ
U.S. stocks were higher, with the Dow Jones jumping over 150 points on Friday. Shares of Skechers U.S.A., Inc. (NYSE:SKX) rose sharply during Friday's session after the company reported better-than-expected first-quarter FY24 earnings. Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204 billion. EPS of $1.33 beat the analyst consensus of $1.10, according to data from Benzinga Pro. Skechers raised FY24 sales outlook from $8.60 billion-$8.80 billion to $8.725 billion-$8.875 billion, against an estimate of $8.781 billion. The company also raised FY24 EPS outlook from $3.65-$3.85 to $3.95-4.10 versus
Rogers (NYSE:ROG) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.55 by 5.45 percent. This is a 33.33 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $213.400 million which beat the analyst consensus estimate of $210.000 million by 1.62 percent. This is a 12.49 percent decrease over sales of $243.847 million the same period last year.
Shares of Etsy, Inc. (NASDAQ:ETSY) fell sharply during Thursday’s session after the company reported mixed fourth-quarter financial results. Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents. The company reported quarterly sales of $842.3 million, beating the analyst consensus estimate of $827.81 million. Etsy shares dipped 7.5% to $71.34 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers La Rosa Holdings Corp. (NASDAQ:LRHC) shares jumped 160.7% to $3.6499 after the company said it has acquired a 100% interest in the Company's franchisee - La Rosa Realty Winter Garden LLC located in Winter G
New facility will support growing EV/HEV and renewable energy demand in North AmericaRogers Corporation (NYSE:ROG) announced today that it has signed a lease on a factory in Monterrey, Mexico for advanced busbar manufacturing and engineering services. The first phase of the new site is slated for completion in late 2024 and continues Rogers' manufacturing footprint strategy of supporting customers in the regions where they operate.Rogers' advanced ROLINX® busbars provide effective and efficient power distribution in a variety of applications in the electric and hybrid-electric vehicle (EV/HEV), renewable energy, mass transit and industrial markets. Customers choose ROLINX® busbars based on R