Rogers (NYSE:ROG) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Rogers (NYSE:ROG) from a hold rating to a buy rating in a research note published on Sunday morning.

A number of other research firms also recently commented on ROG. Weiss Ratings upgraded Rogers from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. B. Riley Financial lifted their target price on Rogers to $200.00 and gave the company a “buy” rating in a report on Monday, June 15th. Finally, Zacks Research downgraded Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $200.00.

Rogers Stock Performance

ROG opened at $124.90 on Friday. Rogers has a 1 year low of $75.14 and a 1 year high of $169.00. The company’s 50 day simple moving average is $139.37 and its 200 day simple moving average is $127.71. The stock has a market capitalization of $2.23 billion, a PE ratio of 71.37 and a beta of 0.51.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.92 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.07). The company had revenue of $216.80 million for the quarter, compared to analyst estimates of $215.00 million. Rogers had a return on equity of 5.17% and a net margin of 3.75%.Rogers has set its Q3 2026 guidance at 1.100-1.300 EPS. As a group, sell-side analysts expect that Rogers will post 3.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rogers

Several institutional investors and hedge funds have recently bought and sold shares of the business. State of Wyoming acquired a new position in Rogers in the second quarter valued at approximately $42,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Rogers during the 4th quarter worth approximately $42,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Rogers during the 2nd quarter worth approximately $67,000. Parallel Advisors LLC raised its position in shares of Rogers by 19.7% during the 1st quarter. Parallel Advisors LLC now owns 875 shares of the electronics maker’s stock worth $94,000 after purchasing an additional 144 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of Rogers by 6,576.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,135 shares of the electronics maker’s stock worth $104,000 after purchasing an additional 1,118 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Key Rogers News

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Rogers formed a bullish “hammer” chart pattern after recent weakness, suggesting potential technical support. The article also points to improving earnings-estimate revisions, which could support a near-term rebound if buying interest follows. Rogers Corp. Forms Hammer Chart Pattern: Time for Bottom Fishing?
• Neutral Sentiment: The other recent “Rogers” headlines largely concern unrelated individuals and companies, including soccer player Morgan Rogers, politician Mike Rogers, singer Kenny Rogers, investor John Rogers, and Rogers Sugar. They do not provide material information about Rogers Corporation’s operations, outlook, or valuation.
• Negative Sentiment: Rogers Corporation’s latest reported quarter included earnings of $0.92 per share, below the $0.99 consensus estimate, although revenue slightly exceeded expectations. The company’s modest 3.75% net margin and share price below its 50-day moving average may continue to weigh on sentiment. Management’s third-quarter EPS guidance of $1.10–$1.30 provides an important upcoming test for the recovery narrative.

About Rogers

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.