Roper Technologies Inc (NASDAQ:ROP) shares traded 0.03% higher at $573.58 on Wall Street last session.
ROP stock price is now 5.85% away from the 50-day moving average and 4.93% away from the 200-day moving average. The market capitalization of the company currently stands at $61.50B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $535 to $615, TD Cowen Upgraded its rating from Hold to Buy for Roper Technologies Inc (NASDAQ: ROP)., while ‘Barclays’ rates the stock as ‘Underweight’
In other news, Cross Brandon L, VP and Corporate Controller sold 750 shares of the company’s stock on Feb 04 ’25. The stock was sold for $433,373 at an average price of $577.83. Upon completion of the transaction, the VP and Corporate Controller now directly owns 1,329 shares in the company, valued at $0.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, Officer Cross Brandon L bought 750 shares of the business’s stock. A total of $433,374 was incurred on buying the stock at an average price of $577.83. A total of 0.39% of the company’s stock is owned by insiders.
During the past 12 months, Roper Technologies Inc has had a low of $499.47 and a high of $584.43. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 0.40, and a quick ratio of 0.37. According to the stock market information, the enterprise value for the company is $68979933184, which is based on a 39.99 price-to-earnings ratio, a 4.78 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for ROP is $541.8844 and a two-hundred day moving average price translates $546.6215 for the stock.
The latest earnings results from Roper Technologies Inc (NASDAQ: ROP) was released for 2024-12-31. The net profit margin was 22.01% and return on equity was 8.53% for ROP. The company reported revenue of $1.76 billion for the quarter, compared to $1.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.87 percent.
