Rogers Corp. (NYSE: ROG) stock enjoyed a major increase of 10.5% on 4/26/24. The shares closed at $121.03. Moreover, exceptionally high trading volume at 335% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 13.7% during the last week.
Current PriceTarget Research Rating
ROG is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Rogers has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Rogers has a slightly negative Appreciation Score of 35 and a poor Power Rating of 22, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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