How to Buy Roper Technologies Stock
Roper Technologies Inc
Roper Technologies, Inc. designs and develops software, and engineered products and solutions.
Roper Technologies stock last closed at $528.26, down 1.41% from the previous day, and has increased 19.27% in one year. It has underperformed other stocks in the Software - Application industry by 0.01 percentage points. Roper Technologies stock is currently +22.84% from its 52-week low of $430.03, and -6.5% from its 52-week high of $565.00.
At the moment, there are 107.02M ROP shares outstanding. The market value of ROP is $56.54B. In the last 24 hours, 726,593 ROP shares were traded.
How to Buy Roper Technologies Stock
Wondering how to invest in Roper Technologies stock? Here's how.
- Choose where to buy Roper Technologies stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Roper Technologies stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Analyze Roper Technologies stock: The Roper Technologies ticker symbol is ROP. Is Roper Technologies stock a good investment? Should you buy shares of ROP? How do ROP's underlying business fundamentals look? Do top analysts think Roper Technologies is a good buy? Why has ROP's stock price moved recently? (Hint: Our stock market research website can help you decide if ROP is a good stock to buy).
- Make your ROP trade: Decide if you will purchase ROP shares at the current market price or use a limit order to buy ROP stock at a particular price.
- Get the latest news on your ROP position: Create a watchlist to get live updates on your new investment in Roper Technologies stock.
Step 1: Choose where to buy Roper Technologies stock
You will need an online brokerage account to access the NASDAQ market and buy ROP stock.
Our recommended brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Energy, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you are able to buy ROP stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the highest rated stock app, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing funds into your brokerage account.
Step 4: Analyze Roper Technologies stock
After you have decided on the best place to buy Roper Technologies stock, it's critical to analyze their stock before you invest, so you can comprehend the risk and upside.
Roper Technologies Metrics
Roper Technologies Fundamentals
WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ROP's stock page.
Is ROP stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ROP's intrinsic value.
Using relative valuations methods:
- ROP may be undervalued based on its P/E ratio of 40.7x, relative to Software - Application industry P/E ratio of 99.06x
- ROP could be undervalued based on its P/B ratio of 3.24x, relative to Software - Application industry P/B ratio of 6.46x
- ROP may be overvalued based on its PEG ratio of 2.69x
You can do additional valuation analysis on ROP's stock here.
Is ROP a healthy company?
Positive Financial Indicators:
- ROP earnings of $1.92B is not enough to cover its interest payments.
- Total ROP debt is lower than 5 years ago, relative to shareholder equity.
- ROP's operating cash flow of $2.04B allows it to safely service it's debt of $6.33B.
Negative Financial Indicators:
- ROP has a relatively high debt to equity ratio of 0.62.
- ROP profit margin has gone down from 84.6% to 22.4% in the past year.
- There are more short-term liabilities than short-term assets on the ROP balance sheet.
- There are more long-term liabilities than short-term assets on the ROP balance sheet.
Is ROP stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 sell side analysts who research ROP, the consensus analyst rating on Roper Technologies is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ROP Analyst Forecasts
Allison Poliniak Cusic, a top 5% analyst from Wells Fargo maintains ROP with a strong buy rating and raises their ROP price target from $560.00 to $615.00, on Jan 22, 2024.
Joseph Giordano, a top 19% analyst from TD Cowen downgrades ROP to a hold rating and maintains their ROP price target from $535.00 to $535.00, on Jan 4, 2024.
Terry Tillman, a top 19% analyst from Truist Securities reiterates ROP with a strong buy rating and maintains their ROP price target from $575.00 to $575.00, on Oct 20, 2023.
You can dig deeper into what analysts are forecasting on the Roper Technologies stock forecast page.
Metrics for Advanced ROP Traders
ROP Revenue
Last year, ROP earnings were $1.38B. Over the past five year, ROP's earnings have grown by 7.24% per year. This was slower than the Software - Application industry average of 31.68%.
Last year, ROP revenue was $6.18B. In the last 5 year, ROP's revenue has grown by 3.54% per year. This was slower than the Software - Application industry average of 27.52%.
Dive into ROP's earnings and revenue performance here.
What are ROP insiders up to?
Over the last year, insiders at ROP have sold more shares than they have bought.
Brandon L. Cross, VP and Corporate Controller of ROP, was the latest ROP insider to sell. They sold $24,676.96 worth of ROP shares on Mar 31, 2024.
Research more about who owns ROP shares here.
Can I rely on ROP as an income stream?
Roper Technologies pays a dividend of 0.54%, compared to the Software - Application industry's average dividend yield of 2.4%. If you owned $1,000 of ROP stock, you would have received $5.42 in the past 12 months.
Roper Technologies dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Roper Technologies dividend yield and history here.
What others are saying about ROP
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your ROP trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, use a limit order.
Hit the Open button and eToro will place the order.
If you require additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your ROP position
Now that you own some ROP stock, you'll want to keep up with your investment.
Add ROP to a watchlist to track your ROP stock.
ROP Feed
How to Buy Stock in Roper Technologies
To reiterate, here are the 6 steps for buying Roper Technologies stock:
- Choose where to buy Roper Technologies stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Analyze Roper Technologies stock
- Make your ROP trade
- Get the latest news on your ROP position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Roper Technologies, add ROP to your watchlist below.
Other "How To" Guides You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.