Rogers Corp. (NYSE: ROG) has reported earnings for its first fiscal quarter (ending March 31) of $0.42 versus a loss $-0.19 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.65 versus $5.14 for the same period a year ago.
Recent Price Action
Rogers Corp. (NYSE: ROG) stock rose modestly by 0.4% on 4/25/24. The stock closed at $109.54. Moreover, unusually high trading volume at 153% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 3.5% during the last week.
Current PriceTarget Research Rating
ROG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Rogers has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rogers has a slightly negative Appreciation Score of 38 and a poor Power Rating of 22, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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