He has admired them for a long time. They are an aggregator of smaller niche profitable businesses. This generates a lot of cash and is well diversified. They have evolved into more digital technology companies and has adapted well. He would scale into a buy as it is pretty expensive here.
For the next 10-15 years. ROP is a private equity companies buying little software and engineering companies. They're smart in acquiring companies, like Foundry of the UK, making CGI for Hollywood movies. 70% of revenues are recurring. EBITDA margin is 40%. Good cash flow with more money owed them than going out. (Analysts’ price target is $381.15)
Roper Technologies Inc. is a American stock, trading under the symbol ROP-N on the New York Stock Exchange (ROP). It is usually referred to as NYSE:ROP or ROP-N
In the last year, there was no coverage of Roper Technologies Inc. published on Stockchase.
Roper Technologies Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Roper Technologies Inc..
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0 stock analysts on Stockchase covered Roper Technologies Inc. In the last year. It is a trending stock that is worth watching.
On 2024-11-08, Roper Technologies Inc. (ROP-N) stock closed at a price of $571.09.
Recent all time high of the stock good for shareholders. American version of Constellation Software (Canada). Dividend has grown at ~ 14% annually the past 10 years. M&A skill very good - usually pay cash and is friendly. Excellent growth prospects for the long term investor.