uploads///Q ROP Peer Performance

How Has Roper Technologies’ Stock Fared ahead of Its 2Q16 Earnings?

Jessica Stephans - Author

Nov. 20 2020, Updated 3:50 p.m. ET

Stock performance

Roper Technologies’ (ROP) stock has declined since July 2015, after touching a high of $195.93 per share on November 30, 2015. On a YoY (year-over-year) basis as of July 13, 2016, ROP has declined by 3.9%. ROP’s stock price has been impacted by reporting lower-than-expected 4Q15 earnings and below Wall Street’s estimated guidance for 2016.

ROP’s guidance for 2016 has been impacted by slowdowns in its Industrial Technology and Energy Control segments, which has come on the back of lumpiness in oil and gas (XOP) and weak industrials (XLI).

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Stock returns in 1H16

As you can see in the graph above, with 1H16 a return of -8.8% as of July 13, 2016, Roper Technologies’ stock was far below those of its peers’ and the market. As of July 13, the S&P 500 Index has risen by 6.9% since the beginning of 2016.

Roper Technologies’ returns have been declining throughout the trailing-six-month period. Among ROP’s peers in industrial (XLI) markets, General Electric (GE), Honeywell International (HON), and 3M Co (MMM) rose by 6.2%, 16.1%, and 22.1%, respectively, in 1H16.

Investors who want indirect exposure can consider investing in the PowerShares Global Water Portfolio ETF (PIO) or the PowerShares Water Resources Portfolio ETF (PHO) or the PowerShares DWA Industrials Momentum Portfolio ETF (PRN). PIO, PHO, and PRN hold 3.9%, 7.7%, and 4.0%, of Roper Technologies.

In the next part, we’ll analyze the effect of the UK’s Brexit decision on Roper Technologies.


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