ROG Stock Summary and Trading Ideas (Rogers | NYSE:ROG)

Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue in the United States, China, and Germany, but has a presence around the world.

Rogers trades on the NYSE stock market under the symbol ROG.

As of April 19, 2024, ROG stock price climbed to $109.16 with 263,290 million shares trading.

ROG has a beta of 1.09, meaning it tends to be more sensitive to market movements. ROG has a correlation of 0.20 to the broad based SPY ETF.

ROG has a market cap of $2.04 billion. This is considered a Mid Cap stock.

Last quarter Rogers reported $205 million in Revenue and $.60 earnings per share. This fell short of revenue expectation by $-15 million and missed earnings estimates by -$.40.

In the last 3 years, ROG stock traded as high as $274.51 and as low as $98.45.

The top ETF exchange traded funds that ROG belongs to (by Net Assets): IJR, VTI, VB, IWM, VGT.

ROG has underperformed the market in the last year with a price return of -32.2% while the SPY ETF gained +21.2%. ROG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.2% and -6.9%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

ROG support price is $104.35 and resistance is $108.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROG stock will trade within this expected range on the day.