We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Roper Technologies (ROP) Could Be Positioned for a Surge?
Read MoreHide Full Article
Roper Technologies, Inc (ROP - Free Report) thatdesigns and develops license and software-as-a-service software, and engineered products and solutionscould be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on ROP’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Roper Technologies could be a solid choice for investors.
Current Quarter Estimates for ROP
In the past 30 days, three estimates have gone higher for Roper Technologies while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from $1.79 a share 30 days ago, to $1.99 today, a move of 11%.
Current Year Estimates for ROP
Meanwhile, Roper Technologies’ current year figures are also looking quite promising, with eight estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $7.40 per share 30 days ago to $9.04 per share today, an increase of 22.2%.
The stock has also started to move higher lately, adding 11.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today
In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why Roper Technologies (ROP) Could Be Positioned for a Surge?
Roper Technologies, Inc (ROP - Free Report) thatdesigns and develops license and software-as-a-service software, and engineered products and solutionscould be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on ROP’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Roper Technologies could be a solid choice for investors.
Current Quarter Estimates for ROP
In the past 30 days, three estimates have gone higher for Roper Technologies while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from $1.79 a share 30 days ago, to $1.99 today, a move of 11%.
Current Year Estimates for ROP
Meanwhile, Roper Technologies’ current year figures are also looking quite promising, with eight estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $7.40 per share 30 days ago to $9.04 per share today, an increase of 22.2%.
Roper Technologies, Inc. Price and Consensus
Roper Technologies, Inc. Price and Consensus | Roper Technologies, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 11.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today
In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>