Rogers (ROG) Given Daily Coverage Optimism Score of 0.17
Press coverage about Rogers (NYSE:ROG) has been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rogers earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 45.0087076264278 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Rogers beats profit expectations on improving wireless margins (seekingalpha.com)
- New Ranking Reveals Fayetteville/Springdale/Rogers, Little Rock, and Fort Smith As Top Cities Getting Kids Moving At School (prweb.com)
- Rogers beats by $0.02, revenue in-line (seekingalpha.com)
- WPSS And Morrison Company Engineer “Active Pick” Warehouse (prweb.com)
- Utilizing the 10 commandments of Lean Manufacturing (prweb.com)
Several analysts have weighed in on the company. Zacks Investment Research cut Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 4th. Needham & Company LLC lifted their price objective on Rogers to $180.00 and gave the company a “positive” rating in a research report on Tuesday, December 19th. B. Riley reaffirmed a “buy” rating and set a $180.00 price objective on shares of Rogers in a research report on Friday, December 15th. Finally, ValuEngine cut Rogers from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $164.00.
Rogers (NYSE:ROG) last released its earnings results on Thursday, November 2nd. The electronics maker reported $1.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.15. Rogers had a net margin of 10.88% and a return on equity of 14.22%. The firm had revenue of $206.80 million during the quarter, compared to analyst estimates of $198.16 million. During the same period last year, the business earned $0.86 earnings per share. The business’s revenue was up 25.1% on a year-over-year basis. analysts forecast that Rogers will post 5.85 earnings per share for the current year.
In other news, SVP Jeffrey M. Grudzien sold 1,888 shares of Rogers stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $158.27, for a total transaction of $298,813.76. Following the completion of the transaction, the senior vice president now directly owns 24,192 shares in the company, valued at $3,828,867.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by company insiders.
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Rogers Company Profile
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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