- Roper 2024 has forecasted an adjusted EPS from continuing operations of $17.85 to $18.15, which is below the estimated $18.37.
- The company’s application software net revenue from continuing operations was $851.8 million, surpassing the estimated $832.1 million.
- Network software net revenue from continuing operations was slightly less than estimated, at $362.7 million compared to the estimated $365.5 million.
- Technology-enabled products net revenue from continuing operations also beat estimates, coming in at $399.0 million compared to the estimated $379.1 million.
- The adjusted EPS from continuing operations was $4.37, slightly above the estimated $4.34.
- Net revenue from continuing operations reached $1.61 billion, beating the estimated $1.58 billion.
- Adjusted gross margin from continuing operations was 69.7%, slightly below the estimated 70.6%.
- The company expects the full year 2024 adjusted DEPS to be between $17.85 – $18.15, with the first quarter adjusted DEPS between $4.30 – $4.34.
- Full year total revenue growth is expected to be +11 – 12% and organic revenue growth of +5 – 6% is anticipated.
- Current ratings for the company stand at 11 buys, 8 holds, and 1 sell.
A look at Roper Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Roper Technologies, Inc. is a company that makes and sells industrial equipment. They make things like controls for machines, pumps, and technology for tracking things. They also make software. The company has been given a score of 3 out of 5 for value, which means they are doing okay in terms of how much their products are worth. However, their score for dividends, which is the money they give to their shareholders, is only 1 out of 5. This means they are not giving much money back to the people who own the company.
When it comes to growth, Roper Technologies has a score of 3 out of 5. This means they are doing decently well in terms of making their company bigger and better. They also have a score of 3 out of 5 for resilience, which means they are able to withstand challenges and keep going. In terms of momentum, which looks at how well the company is doing compared to others, Roper Technologies has a score of 4 out of 5. This is a good sign for the company’s future outlook. Overall, Roper Technologies seems to have a decent long-term outlook, with some areas of strength and areas for improvement.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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