Roper Technologies: Strong Growth and Lots of Cash
Multi-industry industrial company Roper Technologies, Inc (NYSE: ROP) on Monday reported strong third-quarter earnings that helped illustrate the benefits of its asset-light business model and ongoing transition toward more software-based revenue streams. While the quarter wasn't without blemishes, the results reveal a company making strong progress following a difficult 2016.
Roper Technologies is a prodigious generator of cash. Image source: Getty Images.
Starting with the headline numbers:
Source: Fool.com
Roper Industries Inc. Stock
€498.20
2.730%
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 14.01% compared to the current price of 498.2 € for Roper Industries Inc..
