2-May-2024
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Rogers Schedules First Quarter 2024 Earnings Call for April 25
Business Wire (Thu, 11-Apr 4:05 PM ET)
Rogers Corporation Announces New Factory in Monterrey, Mexico
Business Wire (Thu, 22-Feb 8:30 AM ET)
Rogers Corporation Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Wed, 21-Feb 4:05 PM ET)
Rogers Schedules Fourth Quarter 2023 Earnings Call for February 21
Business Wire (Thu, 8-Feb 4:36 PM ET)
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 May 2, 2024, ROG stock price climbed to $120.00 with 131,604 million shares trading.
ROG has a beta of 1.14, meaning it tends to be more sensitive to market movements. ROG has a correlation of 0.22 to the broad based SPY ETF.
ROG has a market cap of $2.24 billion. This is considered a Mid Cap stock.
Last quarter Rogers reported $213 million in Revenue and $.58 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.03.
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 return of -24.6%, while the SPY ETF gained +24.6%. In the last 3 month period, ROG fell short of the market, returning +2.0%, while SPY returned +2.5%. However, in the most recent 2 weeks ROG has outperformed the stock market by returning +12.8%, while SPY returned +1.1%.
ROG support price is $115.97 and resistance is $121.27 (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.