Rogers (NYSE:ROG) Downgraded by Zacks Investment Research to Strong Sell

Rogers stock has undergone multiple analysts rating changes in the recent past.  Rogers Downgraded by Zacks Investment Research on 10/14/2021. In a note to investors, the firm issued a new rating of Strong Sell. The analysts previously had rating of Hold.

Shares of Rogers traded down -$0.14 on Wednesday, reaching $183.69. 0 shares of the stock traded hands, compared to its average volume of 66777. Shares of Rogers were trading at $183.69 on Wednesday. The firm’s 50 day moving average is $194.95 and its 200 day moving average is $188.23.Rogers has a 12 month low of $181.49 and a 12 month high of $215.02. While on yearly highs and lows, Rogers’s today has traded high as $184.33 and has touched $181.49 on the downward trend. See More Analyst Rating at: RATING

Rogers Earnings and What to expect: 

Rogers last issued its earnings results on July 29th, 2021. The electronics maker reported $1.72 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by $0.16. The company had revenue of $234.91 million for the quarter, compared to analysts’ expectations of $235.75 million. Rogers has generated $5.08 earnings per share over the last year ($4.36 diluted earnings per share) and currently has a price-to-earnings ratio of 42.1. Earnings for Rogers are expected to grow by 17.88% in the coming year, from $7.27 to $8.57 per share. Rogers has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Rogers are expected to grow by 17.88% in the coming year, from $7.27 to $8.57 per share. The P/E ratio of Rogers is 42.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.54. The P/E ratio of Rogers is 42.13, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 38.31. Rogers has a P/B Ratio of 3.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Rogers (NYSE:ROG) Moving Average Technical Analysis

5 day Moving Average is $183.94 And 5 day price change is $1.37 (0.75%)  with average volume for 5 day average is 39,840. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $186.53 and 20 day price change is -$9.24 (-4.79%) and average 20 day moving volume is 68,665. 50 day moving average is $194.95  and 50 day price change is -$6.64 ( -3.49%)  and with average volume for 50 days is : 63,332. 200 day moving average is $188.23  and 200 day price change is $25.56 (16.16%)  and with average volume for 200 days is : 72,548.

Other owners latest trading in Rogers :

  • On 10/13/2021 shares held by Private Capital Group LLC were 408 which equates to market value of $76K and appx 0.00% owners of Rogers
  • On 10/12/2021 shares held by Louisiana State Employees Retirement System were 9,000 which equates to market value of $1.68M and appx 0.00% owners of Rogers
  • On 10/8/2021 shares held by FDx Advisors Inc. were 1,830 which equates to market value of $0.34M and appx 0.00% owners of Rogers
  • In total Institutional ownership equates to Institutional Ownership Percentage: 95.84% for Rogers

See More Analyst Rating at: RATING