Report
Joshua Aguilar
EUR 100.00 For Business Accounts Only

We're Convinced Roper's Impressive Run Will Continue Post-IR Talk and Q1 Review

Wide-moat rated Roper had a solid first quarter, with broad-based organic top-line results that beat our near-term expectations. The firm also raised the top and bottom end of its adjusted diluted EPS range with the acquisition of Foundry, and a smaller-than-expected hit to this metric from the Gatan divestiture (to a nickel per share from a quarter per share previously). As a result of both near-term outperformance and raised guidance, we expect to raise our fair value estimate by about 1% to 2...
Underlying
ROPER TECHNOLOGIES INC.

Roper Technologies designs and develops software and engineered products and solutions for a variety of end markets. The company has four segments: Application Software, which includes Aderant, CBORD, CliniSys, and Data Innovations; Network Software and Systems, which includes ConstructConnect, DAT, Foundry, Inovonics; Measurement and Analytical Solutions, which includes Alpha, CIVCO Medical Solutions, CIVCO Radiotherapy, Dynisco, FMI, Hansen, Hardy, IPA, Logitech, Neptune, Northern Digital, Struers, Technolog, Uson, Verathon; and Process Technologies, which includes AMOT, CCC, Cornell, FTI, Metrix, PAC, Roper Pump, Viatran, Zetec.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joshua Aguilar

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