Analysts See $1.26 EPS for Rogers Corporation (ROG)

October 13, 2017 - By Nellie Frank

 Analysts See $1.26 EPS for Rogers Corporation (ROG)
Investors sentiment decreased to 1.16 in 2017 Q2. Its down 0.41, from 1.57 in 2017Q1. It turned negative, as 26 investors sold Rogers Corporation shares while 61 reduced holdings. 40 funds opened positions while 61 raised stakes. 16.61 million shares or 0.33% less from 16.66 million shares in 2017Q1 were reported.
Bank Of Montreal Can, a Ontario – Canada-based fund reported 66,625 shares. Employees Retirement System Of Ohio invested in 825 shares. Invesco Ltd stated it has 115,212 shares or 0% of all its holdings. Bb&T stated it has 2,125 shares or 0% of all its holdings. Rhumbline Advisers accumulated 35,640 shares or 0.01% of the stock. Northern stated it has 618,786 shares. 350,482 were reported by Bank & Trust Of Ny Mellon. Castleark Ltd Company has invested 0.3% in Rogers Corporation (NYSE:ROG). Art Advsrs Ltd Limited Liability Company owns 10,500 shares. 3,614 are owned by Millennium Management Limited Liability Com. Westport Asset Mngmt has 80,000 shares for 7.47% of their portfolio. Next Grp reported 100 shares. Metropolitan Life Insurance Ny owns 0.01% invested in Rogers Corporation (NYSE:ROG) for 12,686 shares. Mycio Wealth Ptnrs Llc accumulated 79,016 shares. 9,959 were accumulated by Bogle Invest Mgmt Limited Partnership De.

Since May 1, 2017, it had 0 insider buys, and 6 selling transactions for $777,353 activity. Shares for $77,449 were sold by Zhang Helen. $107,499 worth of Rogers Corporation (NYSE:ROG) was sold by GLANDON GARY M. 2,000 shares were sold by Wallace Peter C, worth $214,550 on Tuesday, May 30. SHADDAY CHRISTOPHER sold 1,000 shares worth $105,883. $94,512 worth of Rogers Corporation (NYSE:ROG) was sold by BARNES KEITH on Friday, June 9. Grudzien Jeffrey M also sold $177,460 worth of Rogers Corporation (NYSE:ROG) on Monday, May 1.

Investors wait Rogers Corporation (NYSE:ROG) to report on November, 1. its quarterly earnings Wall Street analysts expect $1.26 earnings per share, up $0.40 or 46.51 % from last year’s $0.86 same quarter earnings. This translates into $22.86M profit for ROG giving the stock a 27.12 P/E. This is assuming the current $1.26 EPS is accurate. Rogers Corporation’s Wall Street analysts see -5.26 % negative EPS growth, taking into account the $1.33 EPS reproted in the previous quarter, The stock increased 0.63% or $0.85 during the last trading session, reaching $136.7. About 253,472 shares traded or 158.54% up from the average. Rogers Corporation (NYSE:ROG) has risen 78.68% since October 14, 2016 and is uptrending. It has outperformed by 61.98% the S&P500.

Rogers Corporation (NYSE:ROG) Ratings Coverage

Among 3 analysts covering Rogers Corp (NYSE:ROG), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rogers Corp had 9 analyst reports since October 2, 2015 according to SRatingsIntel. The stock has “Buy” rating by Needham on Tuesday, September 13. Sidoti downgraded the shares of ROG in report on Wednesday, November 16 to “Neutral” rating. The firm has “Buy” rating given on Wednesday, April 12 by Sidoti. Needham maintained the shares of ROG in report on Friday, April 28 with “Buy” rating. B. Riley & Co maintained Rogers Corporation (NYSE:ROG) on Tuesday, August 15 with “Buy” rating. On Monday, July 31 the stock rating was maintained by B. Riley & Co with “Buy”. The rating was maintained by Needham on Wednesday, August 2 with “Buy”. The firm has “Neutral” rating by B. Riley & Co given on Friday, October 2. The stock of Rogers Corporation (NYSE:ROG) earned “Buy” rating by B. Riley & Co on Thursday, March 10.

Rogers Corporation manufactures and sells engineered materials and components for mission critical applications. The company has market cap of $2.48 billion. The Company’s divisions are Advanced Connectivity Solutions , Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and Other. It has a 33.06 P/E ratio. The ACS segment makes and sells circuit materials and solutions for applications in wireless communications infrastructure, automotive, connected devices, consumer electronics and aerospace/defense.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.