Roper Technologies Continues Its Transformation
Diversified industrial company Roper Technologies, Inc. (NYSE: ROP) reported a solid set of second-quarter results, which contained the usual hallmarks of a Roper earnings report. Revenue and core operating margin expanded in all four segments, and the company's asset-light business model helped to ensure strong ongoing free cash flow generation.
Meanwhile, Roper's acquisitions are settling in well, and the company's transition to more software-based revenue continues. Let's take a look at the report.
Software and IT are increasingly part of Roper Technologies' revenue. Image source: Getty Images.
Source: Fool.com
Roper Industries Inc. Stock
€498.90
2.100%
Roper Industries Inc. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
As a result the target price of 568 € shows a slightly positive potential of 13.85% compared to the current price of 498.9 € for Roper Industries Inc..
