Stephens analyst Robert McCarthy maintained a Buy rating on Roper Technologies (NYSE:ROP) on Thursday, setting a price target of $382, which is approximately 2.39% below the present share price of $391.36.
McCarthy expects Roper Technologies to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Roper Technologies, with an average price target of $425.8.
The analysts price targets range from a high of $491 to a low of $310.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.51 billion and a net profit of $380.7 million. The company's market cap is $41.04 billion.
According to TipRanks.com, Stephens analyst Robert McCarthy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.8% and a 79.76% success rate.
Roper Technologies, Inc. is diversified technology company, which engages in the provision of engineered products and solutions for the global niche markets. It operates through the following segments: Medical and Scientific Imaging, RF Technology, Industrial Technology, and Energy Systems and Controls. The Medical and Scientific Imaging segment offers products and software for medical applications and digital imaging. The RF Technology segment provides radio frequency identification communication technology and software solutions that are used in toll and traffic systems and processing; security and access control; campus card systems; software-as-a-service in the freight matching and food industries; and metering and remote monitoring applications. The Industrial Technology segment produces fluid handling pumps; equipment and consumables for materials analysis; leak testing equipment; flow measurement and metering equipment; and water and automatic meter reading. The Energy Systems and Controls segment manufactures control systems; fluid properties testing equipment; industrial valves and controls; sensors and controls; and non-destructive inspection and measurement instrumentation. The company was founded on December 17, 1981 and is headquartered in Sarasota, FL.