Alert: New Earnings Report (7/31/19)-Rogers Corp. (NYSE: ROG).


For its second fiscal quarter (ending June 30), Rogers Corp. (NYSE: ROG) has reported a 39% increase in E.P.S. from $0.94 a year ago to $1.31 in the current quarter. However, this performance was $-0.24 short of the consensus estimate of $1.55. For the latest four quarters through June 30, E.P.S. were $5.24 compared to $4.15 a year ago — an increase of 26%.


Recent Price Action

Rogers Corp. (NYSE: ROG) stock suffered a large decline of -3.6% on 7/31/19. The stock closed at $158.66. Moreover, above average trading volume at 124% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ROG is expected to continue to be an important Value Builder.

Rogers has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rogers has a neutral Appreciation Score of 44 but a very high Power Rating of 96, with the Highest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 121363 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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