News coverage about Rogers (NYSE:ROG) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rogers earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media coverage about the electronics maker an impact score of 45.0487890354447 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- UWItv to honour regional broadcaster Julian Rogers (nationnews.com)
- Focus Features Takes Morgan Neville’s Fred Rogers Doc For Summer 2018 (moviecitynews.com)
- Rogers Park’s Lucas Jade Zumann takes fantasy trip in ‘Thrill Ride’ (chicago.suntimes.com)
- UWItv to honour Julian Rogers (m.jamaicaobserver.com)
- UWItv to honour Caribbean media icon Julian Rogers at 1st anniversary celebration and awards ceremony (stlucianewsonline.com)
ROG has been the topic of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $135.00 price target (up previously from $115.00) on shares of Rogers in a research note on Wednesday, August 2nd. B. Riley reaffirmed a “buy” rating and issued a $147.00 price target on shares of Rogers in a research note on Saturday, August 5th. BidaskClub raised Rogers from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. Finally, Zacks Investment Research raised Rogers from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research note on Friday, August 18th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $160.25.
Rogers (NYSE ROG) traded down $4.46 on Wednesday, reaching $159.26. The company had a trading volume of 189,500 shares, compared to its average volume of 127,850. Rogers has a 1 year low of $72.13 and a 1 year high of $168.07. The company has a current ratio of 3.74, a quick ratio of 2.74 and a debt-to-equity ratio of 0.18. The firm has a market cap of $3,010.80, a price-to-earnings ratio of 30.79 and a beta of 1.14.
Rogers (NYSE:ROG) last posted its earnings results on Thursday, November 2nd. The electronics maker reported $1.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.26 by $0.15. Rogers had a return on equity of 14.22% and a net margin of 10.88%. The firm had revenue of $206.80 million for the quarter, compared to analyst estimates of $198.16 million. During the same quarter in the prior year, the company earned $0.86 EPS. Rogers’s revenue was up 25.1% on a year-over-year basis. research analysts anticipate that Rogers will post 5.85 earnings per share for the current year.
In other Rogers news, SVP Jeffrey M. Grudzien sold 1,888 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $158.27, for a total value of $298,813.76. Following the sale, the senior vice president now owns 24,192 shares of the company’s stock, valued at approximately $3,828,867.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Robert C. Daigle sold 2,074 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $125.02, for a total value of $259,291.48. Following the completion of the sale, the senior vice president now directly owns 25,565 shares in the company, valued at approximately $3,196,136.30. The disclosure for this sale can be found here. Insiders sold a total of 31,327 shares of company stock worth $4,191,128 in the last ninety days. 1.50% of the stock is owned by corporate insiders.
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Rogers Corporation manufactures and sells engineered materials and components for mission critical applications. The Company’s segments are Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and Other. The ACS segment manufactures and sells circuit materials and solutions for applications in wireless communications infrastructure, automotive, connected devices, consumer electronics and aerospace/defense.
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