Analyst Perspectives | With price targets ranging from $625 to $675, analysts maintain a positive outlook on Roper's growth potential and strategic positioning |
Tech-Driven Growth | Explore how Roper leverages GenAI to enhance its software offerings, positioning itself at the forefront of technological advancements in niche markets |
Financial Resilience | Despite Q3 guidance concerns, Roper maintains strong free cash flow growth and reaffirms full-year 2024 adjusted EPS guidance at the high end of estimates |
Strategic Expansion | Roper Technologies' acquisition of Transact Campus for $1.5 billion strengthens its position in the education vertical and Card Systems market segment |
Roper Technologies, Inc. designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; data analytics and information; and pharmacy software solutions. The Technology Enabled Products segment offers ultrasound accessories; dispensers and metering pumps; wireless sensor network and solutions automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; RFID card readers; and medical devices. It distributes and sells its products through direct sales, manufacturers’ representatives, resellers, and distributors. 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.
Metrics to compare | ROP | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipROPPeersSector | |
---|---|---|---|---|
P/E Ratio | 40.8x | 41.5x | 11.3x | |
PEG Ratio | −0.81 | 0.29 | 0.01 | |
Price / Book | 3.2x | 11.8x | 2.4x | |
Price / LTM Sales | 9.0x | 7.8x | 2.1x | |
Upside (Analyst Target) | 13.4% | 19.8% | 23.9% | |
Fair Value Upside | Unlock | 4.5% | 4.7% | Unlock |