Roper Technologies considers selling process technology unit for $3B

  • Roper Technologies (NYSE:ROP) is exploring the sale of its process technology division, a transaction that could bring in as much as $3B, Bloomberg reports, citing people familiar with the matter.
  • The industrial conglomerate has hired a financial adviser to consider its options for the business, and Roper (ROP) is open to selling the division outright or in pieces, the people told Bloomberg.
  • The possible transaction comes as the company seeks to focus on its core technology assets that serve the oil, gas, and other industrial industries.
  • Earlier this month, Roper (ROP) agreed to sell its TransCore business to Singapore Technologies Engineering for $2.68B, and earlier today agreed to sell its CIVCO Radiotherapy unit for ~$120M.

    For this year Roper Technologies Inc 's revenue will be around 5.8 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2021's revenue of 5.53 billion USD.

    Historical revenues and results Roper Technologies Inc plus estimates 2021

    fundamenteel onderzoek

    The analysts expect for 2021 a net profit of 1.44 billion USD. According to most of the analysts the company will have a profit per share for this book year of 14.12 USD. So the price/earnings-ratio equals 34.3.

    For this year the analysts expect a dividend of 2.25 USD per share. Roper Technologies Inc 's dividend yield thus equals 0.46 percent. The average dividend yield of the support companies is an attractive 1.75 percent.

    Roper Technologies Inc 's market capitalization is based on the number of outstanding shares around 50.42 billion USD. 25

    On Friday the stock closed at 484.3 USD.

    Historical stock prices Roper Technologies Inc2007-2021

    financial analysis ropertechnologiesinc

    ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
    news@valuespectrum.com

    Copyright analist.nl B.V.
    All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.