Rogers Stock Today

ROG Stock  USD 109.07  0.14  0.13%   

Performance

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Odds Of Distress

Less than 8

 
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Rogers is trading at 109.07 as of the 25th of April 2024. This is a -0.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 108.39. Rogers has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Rogers are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
17th of March 1980
Category
Technology
Classification
Information Technology
Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona. Rogers Corp operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. The company has 18.66 M outstanding shares of which 580.08 K shares are at this time shorted by investors with about 3.33 days to cover. More on Rogers
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Rogers Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rogers' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rogers or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOBruce Hoechner
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, Swiss Leader Price, SP Small-Cap 600, Trump Equities, Tech Growth, Chemicals, ESG Investing, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Rogers report their recommendations after researching Rogers' financial statements, talking to executives and customers, or listening in on Rogers' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Rogers. The Rogers consensus assessment is calculated by taking the average forecast from all of the analysts covering Rogers.
Financial Strength
Based on the key indicators related to Rogers' liquidity, profitability, solvency, and operating efficiency, Rogers is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Rogers is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03660.0373
Fairly Down
Slightly volatile
Asset Turnover1.10.5987
Way Up
Slightly volatile
Gross Profit Margin0.260.3381
Way Down
Pretty Stable
Total Current Liabilities68.4 M116.4 M
Way Down
Slightly volatile
Non Current Liabilities Total117.9 M141.8 M
Significantly Down
Pretty Stable
Total Assets1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Current Assets553.2 M526.9 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities138 M131.4 M
Sufficiently Up
Slightly volatile
Rogers' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Rogers' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rogers' financial leverage. It provides some insight into what part of Rogers' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Rogers' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Rogers deploys its capital and how much of that capital is borrowed.
Liquidity
Rogers cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 50.4 M in debt with debt to equity (D/E) ratio of 0.27, which may show that the company is not taking advantage of profits from borrowing. Rogers has a current ratio of 4.53, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Rogers until it has trouble settling it off, either with new capital or with free cash flow. So, Rogers' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rogers sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rogers to invest in growth at high rates of return. When we think about Rogers' use of debt, we should always consider it together with cash and equity.

Free Cash Flow

78.12 Million
Rogers (ROG) is traded on New York Stock Exchange in USA. It is located in 2225 W. Chandler Boulevard, Chandler, AZ, United States, 85224-6155 and employs 3,300 people. Rogers is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rogers's market, we take the total number of its shares issued and multiply it by Rogers's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rogers runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 18.66 M outstanding shares of which 580.08 K shares are at this time shorted by investors with about 3.33 days to cover. Rogers has about 235.85 M in cash with 131.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.57.
Check Rogers Probability Of Bankruptcy
Ownership Allocation
Rogers has a total of 18.66 Million outstanding shares. The majority of Rogers outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Rogers to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Rogers. Please pay attention to any change in the institutional holdings of Rogers as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Rogers Ownership Details

Rogers Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Rogers jumping above the current price in 90 days from now is over 95.24%. The Rogers probability density function shows the probability of Rogers stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3699 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rogers will likely underperform. Additionally, rogers has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 109.07HorizonTargetOdds Above 109.07
4.68%90 days
 109.07 
95.24%
Based on a normal probability distribution, the odds of Rogers to move above the current price in 90 days from now is over 95.24 (This Rogers probability density function shows the probability of Rogers Stock to fall within a particular range of prices over 90 days) .

Rogers Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Rogers that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rogers' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Rogers' value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
359.2 K
Royce & Associates, Lp2023-12-31
346.3 K
Goldman Sachs Group Inc2023-12-31
253.1 K
Northern Trust Corp2023-12-31
205.7 K
Schroder Investment Management Group2023-12-31
202.7 K
Pertento Partners Llp2023-12-31
200.6 K
Charles Schwab Investment Management Inc2023-12-31
193.6 K
Bank Of New York Mellon Corp2023-12-31
151.3 K
Kingdon Capital Management Llc2023-12-31
145.4 K
Blackrock Inc2023-12-31
3.3 M
Vanguard Group Inc2023-12-31
2.2 M
View Rogers Diagnostics

Rogers Historical Income Statement

Rogers Income Statement is one of the three primary financial statements used for reporting Rogers's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Rogers revenue and expense. Rogers Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Rogers' Total Revenue is most likely to increase significantly in the upcoming years. The Rogers' current Gross Profit is estimated to increase to about 322.5 M, while Income Before Tax is projected to decrease to roughly 41.4 M. View More Fundamentals

Rogers Stock Against Markets

Picking the right benchmark for Rogers stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Rogers stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Rogers is critical whether you are bullish or bearish towards Rogers at a given time. Please also check how Rogers' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rogers without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Rogers Corporate Directors

Rogers corporate directors refer to members of a Rogers board of directors. The board of directors generally takes responsibility for the Rogers' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Rogers' board members must vote for the resolution. The Rogers board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ganesh MoorthyIndependent DirectorProfile
Stephen HaymoreDirector of Investor RelationsProfile
Helene SimonetIndependent DirectorProfile
William TryonDirector of Investor & Public RelationsProfile

How to buy Rogers Stock?

Before investing in Rogers, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Rogers. To buy Rogers stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rogers. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Rogers stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Rogers stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Rogers stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Rogers, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Rogers Stock please use our How to Invest in Rogers guide.

Already Invested in Rogers?

The danger of trading Rogers is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Rogers is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Rogers. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rogers is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Rogers is a strong investment it is important to analyze Rogers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rogers' future performance. For an informed investment choice regarding Rogers Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Rogers' price analysis, check to measure Rogers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rogers is operating at the current time. Most of Rogers' value examination focuses on studying past and present price action to predict the probability of Rogers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers' price. Additionally, you may evaluate how the addition of Rogers to your portfolios can decrease your overall portfolio volatility.
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Is Rogers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rogers. If investors know Rogers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rogers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
3.03
Revenue Per Share
48.839
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0205
The market value of Rogers is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers' value that differs from its market value or its book value, called intrinsic value, which is Rogers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rogers' market value can be influenced by many factors that don't directly affect Rogers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rogers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.