Roper Technologies, Inc. designs and develops software, and engineered products and solutions. The company offers management, campus solutions, laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, cloud-based financial analytics and performance management, and diagnostic and laboratory information system software; and software, services, and technologies for foodservice operations. It also provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; wireless sensor network and solutions; cloud-based software solutions; supply chain software; health care service and software; RFID card readers; data analytics and information; pharmacy software; and toll system and products, transaction and violation processing services, and intelligent traffic systems. In addition, the company offers precision rubber and polymer testing instruments, and data analysis software; ultrasound accessories; radiotherapy solutions; testing and analyzing plastic solutions; dispensers and metering pumps; control valves; precision weighing equipment; automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; automated leak detection equipment; medical devices; products and services for water and gas utilities; and equipment and consumables. It also provides temperature control and emergency shutoff valves; turbomachinery control hardware, software, and services; specialized pumps; flow meter calibrators and controllers; vibration monitoring systems and controls; analytical instrument; drilling power section; pressure and level sensors; and non-destructive testing equipment. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. The company was incorporated in 1981 and is based in Sarasota, Florida.
IPO Year: 1992
Exchange: NYSE
Website: ropertech.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2024 | $617.00 → $635.00 | Neutral → Outperform | Robert W. Baird |
| 6/13/2024 | Outperform → Peer Perform | Wolfe Research | |
| 3/22/2024 | $580.00 → $650.00 | Outperform | Oppenheimer |
| 1/4/2024 | $535.00 | Outperform → Market Perform | TD Cowen |
| 7/24/2023 | $558.00 | Outperform | Wolfe Research |
| 6/27/2023 | $530.00 | Buy | Jefferies |
| 5/2/2023 | $490.00 → $525.00 | Underperform → Mkt Perform | Bernstein |
| 3/23/2023 | $475.00 | Neutral | Mizuho |
| 3/22/2023 | $385.00 → $420.00 | Underweight → Neutral | JP Morgan |
| 3/20/2023 | $510.00 | Buy | Truist |
ATLANTA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- IntelliTrans, a global leader in multimodal transportation management solutions, has named Mayank Sharma as its new Chief Product Officer. In this role, Sharma will drive product strategy and direction, guiding the development and improvement of IntelliTrans' product lineup to deliver smarter, simpler solutions for customers. With over 20 years of experience in product innovation and leading global teams, he brings forward-looking insights into the company's growth and commitment to making complex logistics easier. Sharma has a strong background in creating innovative products across different sectors. Most recently, he led the launch of a top-ra
ATLANTA, Oct. 29, 2024 (GLOBE NEWSWIRE) -- PowerPlan, a leading provider of financial software and solutions for the energy industry, is pleased to announce three senior executive promotions. Paresh Patel, Jim Dahlby, and Sarah Park are stepping into new leadership roles with the company. The appointments demonstrate PowerPlan's commitment to expanding its position as a market leader and are a reflection on the executives' achievements in driving innovation and customer success. Paresh Patel, previously Senior Vice President of Professional Services, has been appointed to the role of Chief Operating Officer. Patel brings more than 20 years of leadership experience focused on building, tr
Collaborative effort aims to provide integrated, flexible solutions for colleges and universities Transact Campus, Inc. "Transact", an award-winning leader in innovative campus technology and payment solutions, today announces a new strategic partnership with Anthology, a global education technology company with millions of users around the world. This partnership will work to expand opportunities for colleges and universities by integrating Anthology's comprehensive suite of solutions with Transact's state-of-the-art payment and credentialing systems. Transact has been integrated with Anthology products for over 10 years. This new partnership marks the beginning of a collaborative effort
DAT Freight & Analytics announced that the value of freight transactions analyzed by its DAT iQ platform now exceeds $1 trillion, affirming its position as the industry's most comprehensive dataset for forecasting and benchmarking truckload, less-than-truckload, and intermodal pricing. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023523466/en/DAT iQ surpasses $1 trillion in freight transaction data (Graphic: DAT Freight & Analytics) Using invoices submitted by freight shippers and brokers, DAT iQ analyzes anonymized transactions to help freight brokers, shippers, and carriers understand and anticipate trends in market demand
SARASOTA, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) reported financial results for the third quarter ended September 30, 2024. The results in this press release are presented on a continuing operations basis. Third quarter 2024 highlights Revenue increased 13% to $1.76 billion; organic revenue increased 4%GAAP DEPS increased 6% to $3.40; adjusted DEPS increased 7% to $4.62GAAP net earnings increased 6% to $368 million; adjusted net earnings increased 7% to $499 millionAdjusted EBITDA increased 10% to $717 millionOperating cash flow was $755 million; adjusted operating cash flow increased 17% "Our portfolio of market-leading technolog
Truckload freight volumes and rates in September signaled that the usual cyclical demand for truckload capacity is on the upswing, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI) declined seasonally for van, refrigerated ("reefer"), and flatbed freight last month: Van TVI: 271, down 7% month over month Reefer TVI: 208, down 7% Flatbed TVI: 272, down 2% However, the TVI was higher for all three equipment types year over year. The van TVI was up 6%, the reefer TVI was 12% higher, and the flatbed TVI rose 2% compared to September 2023. Linehaul spot rates also were higher year over yea
Michelson succeeds Jeff Surges who transitions into Board Advisor Role CHICAGO, Oct. 15, 2024 /PRNewswire/ -- RLDatix, a leading global provider of connected healthcare operations software and services, announced today the appointment of Dan Michelson as its new Chief Executive Officer and a member of the Board, effective November 1, 2024. Michelson succeeds Jeff Surges, who has led the company through a period of transformational growth since 2019 and will continue as an advisor and Board member. Michelson brings over 30 years of healthcare experience in building and scaling
ITHACA, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- CBORD, a leading provider of integrated technology solutions powering access, foodservice, nutrition, commerce, and card systems for higher education, acute healthcare, senior living, and business campuses, is thrilled to announce its CBORD Online Transaction Processing solution has achieved StateRAMP Authorization, reaffirming its commitment to data security and compliance. StateRAMP, a nationally recognized risk authorization management program, provides a standardized approach to assessing cloud products. Achieving StateRAMP Authorization demonstrates CBORD's dedication to meeting the highest security and compliance standards, ensuring th
SARASOTA, Fla., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its financial results for the third quarter of 2024, ended September 30, 2024, will be released before the market opens on Wednesday, October 23, 2024. A conference call to discuss these results has been scheduled for 8:00 AM ET on Wednesday, October 23, 2024. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 50829. Webcast information and conference call materials will be made available in the Investors section of Roper's website prior to the start of the call. About Roper Technologies Roper Technologies is a con
iPipeline's AFFIRM® for Annuities expands relationship with FIDx Insurance Exchange to provide firms with streamlined solution for financial advisors' annuity needs iPipeline®, a leading provider of digital solutions for the life insurance and wealth management industries, and Fiduciary Exchange LLC (FIDx), a leading insurance technology provider, today announced an expansion of their relationship to offer wealth management firms and their advisors a more complete experience to help them research, open, and manage their annuity business through a digitized solution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925235248/en/
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Robert W. Baird upgraded Roper from Neutral to Outperform and set a new price target of $635.00 from $617.00 previously
Wolfe Research downgraded Roper from Outperform to Peer Perform
Oppenheimer reiterated coverage of Roper with a rating of Outperform and set a new price target of $650.00 from $580.00 previously
TD Cowen downgraded Roper from Outperform to Market Perform and set a new price target of $535.00
Wolfe Research resumed coverage of Roper with a rating of Outperform and set a new price target of $558.00
Jefferies initiated coverage of Roper with a rating of Buy and set a new price target of $530.00
Bernstein upgraded Roper from Underperform to Mkt Perform and set a new price target of $525.00 from $490.00 previously
Mizuho initiated coverage of Roper with a rating of Neutral and set a new price target of $475.00
JP Morgan upgraded Roper from Underweight to Neutral and set a new price target of $420.00 from $385.00 previously
Truist initiated coverage of Roper with a rating of Buy and set a new price target of $510.00
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ATLANTA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- IntelliTrans, a global leader in multimodal transportation management solutions, has named Mayank Sharma as its new Chief Product Officer. In this role, Sharma will drive product strategy and direction, guiding the development and improvement of IntelliTrans' product lineup to deliver smarter, simpler solutions for customers. With over 20 years of experience in product innovation and leading global teams, he brings forward-looking insights into the company's growth and commitment to making complex logistics easier. Sharma has a strong background in creating innovative products across different sectors. Most recently, he led the launch of a top-ra
Michelson succeeds Jeff Surges who transitions into Board Advisor Role CHICAGO, Oct. 15, 2024 /PRNewswire/ -- RLDatix, a leading global provider of connected healthcare operations software and services, announced today the appointment of Dan Michelson as its new Chief Executive Officer and a member of the Board, effective November 1, 2024. Michelson succeeds Jeff Surges, who has led the company through a period of transformational growth since 2019 and will continue as an advisor and Board member. Michelson brings over 30 years of healthcare experience in building and scaling
Yurich will lead business development teams to drive long-term growth and client satisfaction iPipeline®, a leading provider of digital solutions for the life insurance and wealth management industries, announces the appointment of Joe Yurich as Chief Revenue Officer. Yurich will lead the development and execution of strategies aimed at delivering accelerated, consistent, and organic top-line growth. With a proven track record in driving growth and fostering strong customer relationships, Yurich will lead iPipeline's revenue-generating departments, including sales, marketing, and customer success, ensuring a unified approach that maximizes customer value and business outcomes. Prior to
Cover to spearhead industry-leading digital innovation in life insurance and wealth management industries, enhancing value to clients and driving sustained product differentiation iPipeline®, a leading provider of digital solutions for the life insurance and wealth management industries, today announces the hire of veteran technology strategy leader, Steve Cover, as Chief Technology Officer. Cover will establish the future technical vision and roadmap for the organization's next phase of growth, focusing on delivering innovative solutions that simplify, transform, and connect the industry while providing a market-leading level of technical quality and delivery. Cover will ensure that iPip
Inventive, Seasoned Technology Executive Bolsters Aderant Deep Bench of Technology Talent Aderant, a global legal business management software provider, continues to charge forward in attracting talent from the mainstream tech sector with the appointment of Michael "Mike" McKay as Vice President of Software Engineering. McKay was an Executive Director at NCR and holds several patents from his 25-year IBM tenure before joining NCR. McKay joins a dynamic team and will be partnering with Cody Walker, VP of Business of Law and Stridyn Services who joined Aderant in 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723097444/
DAT Freight & Analytics today named Jeff Clementz as Chief Executive Officer. Clementz joined DAT in 2023 as Chief Product Officer, a role he will oversee until a new CPO has been hired. "We are delighted to welcome Jeff as the new CEO," said Satish Maripuri, DAT's Interim CEO & Group Executive at Roper Technologies. "His success building and leading innovative marketplace platforms at eBay/PayPal and at Walmart eCommerce aligns with DAT's mission to intelligently connect freight carriers, brokers, and shippers to efficiently and profitably move freight. As Chief Product Officer, Jeff has significantly impacted DAT by fostering a customer-centric culture and driving growth-focused product
Leading Global Technology Providers Collaborate to Drive Innovation Aderant, a leading global provider of legal business management solutions, has announced a new partnership with BigHand, a leading provider of data and insights technology. BigHand is the first partner to join the Aderant Technology Partner Program at the Gold level. The Partner Program focuses on alignment with a small number of superior market-leading providers, ensuring better technology integrations and go-to-market activities to benefit clients. The Program aims to forge invaluable relationships with select partners at the center of the legal practice management ecosystem. This Aderant/BigHand partnership builds
Inaugural CPO Katie Kahl to establish strategic vision and roadmap for iPipeline's innovative life insurance and wealth management technology product portfolio iPipeline®, a leading provider of digital solutions for the life insurance and wealth management industries, today announces the appointment of veteran insurance technology product leader, Katie Kahl, to develop and execute product strategies as the company's first Chief Product Officer. Kahl takes the reins of iPipeline's growing product management team and will be tasked with bolstering its core product capabilities and executing on its commitment to spearhead strategic digital innovation in the life insurance, annuities, and wea
New CFO Adam Boone will lead iPipeline's financial management to drive long-term growth strategy iPipeline®, a leading provider of digital solutions for the life insurance and wealth management industries, today announces the appointment of Adam Boone as Chief Financial Officer, who will lead the financial management activities for the growing global business. Boone will play a critical role in advancing the company's strategic operating initiatives, including spearheading plans for sustained financial growth. In his 17-year-plus career, Boone has built an impressive track record of building and managing global finance functions and cultivating high-performing teams at high-growth techn
Shellye Archambeau brings over 30 years of expertise in technology leadership to the Lineage Board of Directors Lineage, Inc. ("Lineage"), the world's largest global temperature-controlled warehouse REIT and integrated solutions provider, today announced the appointment of Shellye Archambeau to the Board of Directors of Lineage's operating subsidiary, Lineage Logistics Holdings, LLC. Archambeau assumed her position on the board this month, bringing deep expertise as a seasoned CEO and public company board leader to her role. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423547241/en/Lineage today announced the appointment
SARASOTA, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) reported financial results for the third quarter ended September 30, 2024. The results in this press release are presented on a continuing operations basis. Third quarter 2024 highlights Revenue increased 13% to $1.76 billion; organic revenue increased 4%GAAP DEPS increased 6% to $3.40; adjusted DEPS increased 7% to $4.62GAAP net earnings increased 6% to $368 million; adjusted net earnings increased 7% to $499 millionAdjusted EBITDA increased 10% to $717 millionOperating cash flow was $755 million; adjusted operating cash flow increased 17% "Our portfolio of market-leading technolog
SARASOTA, Fla., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its financial results for the third quarter of 2024, ended September 30, 2024, will be released before the market opens on Wednesday, October 23, 2024. A conference call to discuss these results has been scheduled for 8:00 AM ET on Wednesday, October 23, 2024. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 50829. Webcast information and conference call materials will be made available in the Investors section of Roper's website prior to the start of the call. About Roper Technologies Roper Technologies is a con
SARASOTA, Fla., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its Board of Directors has approved a dividend of $0.75 per share payable on October 21, 2024 to stockholders of record on October 8, 2024. About Roper Technologies Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its exce
SARASOTA, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) reported financial results for the second quarter ended June 30, 2024. The results in this press release are presented on a continuing operations basis. Second quarter 2024 highlights Revenue increased 12% to $1.72 billion; organic revenue increased 4%GAAP DEPS decreased 7% to $3.12; adjusted DEPS increased 9% to $4.48GAAP net earnings decreased 7% to $337 million; adjusted net earnings increased 9% to $483 millionAdjusted EBITDA increased 13% to $695 millionOperating cash flow increased 20% to $384 million "Our portfolio of market-leading technology businesses delivered a solid quarter, highli
SARASOTA, Fla., July 02, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its financial results for the second quarter of 2024, ended June 30, 2024, will be released before the market opens on Wednesday, July 24, 2024. A conference call to discuss these results has been scheduled for 8:00 AM ET on Wednesday, July 24, 2024. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 31548. Webcast information and conference call materials will be made available in the Investors section of Roper's website prior to the start of the call. About Roper Technologies Roper Technologies is a constituent o
SARASOTA, Fla., June 12, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its Board of Directors has approved a dividend of $0.75 per share payable on July 22, 2024 to stockholders of record on July 8, 2024. About Roper Technologies Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capi
SARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) reported financial results for the first quarter ended March 31, 2024. The results in this press release are presented on a continuing operations basis. First quarter 2024 highlights Revenue increased 14% to $1.68 billion; organic revenue increased 8%GAAP DEPS increased 33% to $3.54; adjusted DEPS increased 13% to $4.41GAAP net earnings increased 34% to $382 millionAdjusted EBITDA increased 16% to $676 millionOperating cash flow increased 14% to $531 million "We had a great start to 2024, highlighted by 14% total revenue growth, 8% organic revenue growth, 16% EBITDA growth, and a 31% free cash
SARASOTA, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its financial results for the first quarter of 2024, ended March 31, 2024, will be released before the market opens on Friday, April 26, 2024. A conference call to discuss these results has been scheduled for 8:00 AM ET on Friday, April 26, 2024. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using confirmation number 02972. Webcast information and conference call materials will be made available in the Investors section of Roper's website prior to the start of the call. About Roper Technologies Roper Technologies is a constituent of
SARASOTA, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) announced that its Board of Directors has approved a dividend of $0.75 per share payable on April 22, 2024 to stockholders of record on April 5, 2024. About Roper Technologies Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess c
SARASOTA, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NASDAQ:ROP) reported financial results for the fourth quarter and full year ended December 31, 2023. The results in this press release are presented on a continuing operations basis. Fourth quarter 2023 highlights Revenue increased 13% to $1.61 billion; organic revenue increased 8%GAAP DEPS increased 51% to $3.50; adjusted DEPS increased 11% to $4.37GAAP net earnings were $378 millionAdjusted EBITDA increased 11% to $659 millionGAAP operating cash flow was $622 million; adjusted operating cash flow increased 34% to $638 million Full year 2023 highlights Revenue increased 15% to $6.18 billion; or
Oppenheimer analyst Christopher Glynn maintains Roper Techs (NASDAQ:ROP) with a Outperform and lowers the price target from $650 to $630.
5 analysts have expressed a variety of opinions on Roper Techs (NASDAQ:ROP) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 2 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Roper Techs, presenting an average target of $624.0, a high estimate of $680.00, and a low estimate of $530.00. This upwar
Baird analyst Joe Vruwink upgrades Roper Techs (NASDAQ:ROP) from Neutral to Outperform and raises the price target from $617 to $635.
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp
Roper Techs (NASDAQ:ROP) reported quarterly earnings of $4.48 per share which beat the analyst consensus estimate of $4.46 by 0.45 percent. The company reported quarterly sales of $1.720 billion which missed the analyst consensus estimate of $1.732 billion by 0.70 percent. This is a 12.34 percent increase over sales of $1.531 billion the same period last year.
Barclays analyst Julian Mitchell maintains Roper Techs (NASDAQ:ROP) with a Overweight and raises the price target from $611 to $625.
Roper Techs's (NYSE:ROP) short percent of float has fallen 3.05% since its last report. The company recently reported that it has 1.35 million shares sold short, which is 1.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.23 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is