Rogers (NYSE:ROG) Shares Gap Up – What’s Next?

Rogers Corporation (NYSE:ROG) gapped up before the market opened on Monday . The stock had previously closed at $75.56, but opened at $79.78. Rogers shares last traded at $79.8070, with a volume of 7,145 shares trading hands.

Analyst Ratings Changes

ROG has been the topic of several research reports. B. Riley reissued a “buy” rating on shares of Rogers in a research note on Thursday, October 30th. Wall Street Zen upgraded shares of Rogers from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings restated a “sell (d)” rating on shares of Rogers in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded Rogers from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $85.00.

Rogers Price Performance

The company has a market capitalization of $1.47 billion, a P/E ratio of -22.65 and a beta of 0.55. The company has a 50 day moving average of $82.66 and a 200-day moving average of $75.37.

Rogers (NYSE:ROG) last released its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.20. Rogers had a positive return on equity of 2.90% and a negative net margin of 8.35%.The business had revenue of $216.00 million during the quarter, compared to analyst estimates of $207.53 million. Rogers has set its Q4 2025 guidance at 0.400-0.800 EPS. Research analysts predict that Rogers Corporation will post 3.57 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Brian Keith Larabee sold 775 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $85.87, for a total value of $66,549.25. Following the completion of the sale, the senior vice president directly owned 4,462 shares of the company’s stock, valued at approximately $383,151.94. This trade represents a 14.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.35% of the company’s stock.

Hedge Funds Weigh In On Rogers

A number of institutional investors have recently bought and sold shares of the stock. Coldstream Capital Management Inc. bought a new stake in Rogers during the 3rd quarter valued at approximately $228,000. Virtus Advisers LLC purchased a new position in shares of Rogers in the 3rd quarter valued at approximately $127,000. Paloma Partners Management Co purchased a new position in shares of Rogers in the 3rd quarter valued at approximately $2,012,000. Holocene Advisors LP bought a new stake in shares of Rogers during the third quarter valued at approximately $245,000. Finally, Cinctive Capital Management LP purchased a new stake in Rogers in the third quarter worth $5,337,000. 96.02% of the stock is owned by institutional investors.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.