Rogers (NYSE:ROG) had its target price upped by equities research analysts at B. Riley from $150.00 to $180.00 in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the electronics maker’s stock. B. Riley’s price objective would indicate a potential upside of 26.82% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Sidoti restated a “buy” rating and issued a $175.00 price objective on shares of Rogers in a research note on Thursday, September 6th. ValuEngine upgraded Rogers from a “hold” rating to a “buy” rating in a research note on Tuesday, August 28th. Finally, Zacks Investment Research upgraded Rogers from a “sell” rating to a “hold” rating in a research note on Thursday, June 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $175.25.

NYSE ROG opened at $141.93 on Tuesday. The firm has a market cap of $2.71 billion, a PE ratio of 24.64 and a beta of 1.53. Rogers has a one year low of $105.60 and a one year high of $184.00. The company has a current ratio of 4.92, a quick ratio of 3.72 and a debt-to-equity ratio of 0.17.

Rogers (NYSE:ROG) last released its earnings results on Tuesday, July 31st. The electronics maker reported $1.19 EPS for the quarter, missing the Zacks’ consensus estimate of $1.33 by ($0.14). The business had revenue of $214.68 million for the quarter, compared to the consensus estimate of $214.33 million. Rogers had a return on equity of 13.02% and a net margin of 8.99%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.33 earnings per share. sell-side analysts forecast that Rogers will post 5.47 EPS for the current fiscal year.

In related news, SVP Christopher Shadday sold 1,500 shares of the business’s stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $139.77, for a total value of $209,655.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Marc J. Beulque sold 2,865 shares of the business’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $137.92, for a total value of $395,140.80. Following the completion of the sale, the vice president now owns 2,298 shares in the company, valued at $316,940.16. The disclosure for this sale can be found here. Insiders sold a total of 6,116 shares of company stock worth $834,369 over the last 90 days. 0.96% of the stock is currently owned by company insiders.

Institutional investors have recently made changes to their positions in the stock. Mount Yale Investment Advisors LLC purchased a new position in Rogers during the 1st quarter valued at about $111,000. Oppenheimer Asset Management Inc. purchased a new position in Rogers during the 1st quarter valued at about $213,000. Global X Management Co LLC purchased a new position in Rogers during the 2nd quarter valued at about $217,000. SG Americas Securities LLC purchased a new position in Rogers during the 1st quarter valued at about $219,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Rogers during the 1st quarter valued at about $223,000. Institutional investors and hedge funds own 93.94% of the company’s stock.

Rogers Company Profile

Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. The company's Advanced Connectivity Solutions segment offers circuit materials and solutions for connectivity applications in wireless communications infrastructure, automotive, connected devices, wired infrastructure, consumer electronics, and aerospace/defense.

Recommended Story: Stock Symbol

Receive News & Ratings for Rogers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers and related companies with MarketBeat.com's FREE daily email newsletter.