Rogers Corporation Stock Intrinsic Value – Nuance Investments LLC Increases Stake in Rogers Co. with Latest Filing
September 17, 2024
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ROGERS CORPORATION ($NYSE:ROG) is a global technology company that specializes in innovative material solutions for a variety of industries including advanced electronics, automotive, and aerospace. The company is known for its cutting-edge products such as high-performance foams, elastomers, and printed circuit materials. Recently, Nuance Investments LLC, a registered investment advisor, revealed in its latest filing with the Securities and Exchange Commission that it has increased its stake in Rogers Co. in the second quarter of the year. This news has sparked interest among investors and industry analysts. Nuance Investments LLC is a long-term investor and focuses on fundamental analysis to identify undervalued companies with strong growth potential. This increase in stake by Nuance Investments LLC also highlights the confidence that the investment firm has in Rogers Co. and its management team. It is worth noting that Nuance Investments LLC has been steadily increasing its stake in the company over the past few quarters.
Rogers Co. has been performing well in the market, with its stock price steadily rising over the past year. The company’s strong financial performance, innovative product portfolio, and strategic partnerships have contributed to its success. This has not gone unnoticed by investors like Nuance Investments LLC. With Nuance Investments LLC’s increased stake in Rogers Co., it is expected that the company will continue to receive support and investments from other institutional investors as well. This will further strengthen the company’s position in the market and drive its growth and success. With its strong fundamentals, innovative products, and growing interest from investors, Rogers Co. is well-positioned for continued success in the market.
Market Price
This news has caused a positive impact on the stock market, as Rogers Corporation‘s stock opened at $103.63 and closed at $104.47 on Friday. This marks a significant increase of 3.27% from the previous day’s closing price of $101.16. The increase in their stake signals their belief that the company is well-positioned for growth and success in the coming days. It also showcases their trust in the company’s management and their ability to deliver strong financial results. It also reflects positively on the company’s overall financial health and stability. Rogers Co. has been making significant strides in recent years, expanding its product portfolio and strengthening its position in the market. With this increase in stake by Nuance Investments LLC, the company is in a better position to continue its growth trajectory and capitalize on new opportunities.
It is worth noting that Rogers Co.’s stock has been performing well in the market, with a steady increase in value over the past few years. This latest development is likely to further bolster investor confidence and attract more potential investors. In conclusion, Nuance Investments LLC’s increased stake in Rogers Co. is a positive development that bodes well for the company’s future. It is a testament to the company’s potential and the confidence of investors in its growth prospects. As the company continues to expand and innovate, it will be interesting to see how this investment pays off in the long run. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rogers Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 908.4 | 56.6 | 7.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rogers Corporation. More…
| Operations | Investing | Financing |
| 187.15 | -113.12 | -10.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rogers Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.52k | 257.6 | 67.66 |
Key Ratios Snapshot
Some of the financial key ratios for Rogers Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.2% | 8.3% | 9.5% |
| FCF Margin | ROE | ROA |
| 13.5% | 4.4% | 3.6% |
Analysis – Rogers Corporation Stock Intrinsic Value
After a thorough analysis of ROGERS CORPORATION‘s fundamentals, I have determined that the company is currently undervalued by 50.7%. Our proprietary Valuation Line suggests that the fair value of ROGERS CORPORATION’s stock should be around $212.0, which is significantly higher than its current trading price of $104.47. There are a few key factors that contribute to our valuation of ROGERS CORPORATION. Firstly, the company has a strong financial standing, with consistent revenue and earnings growth over the past few years. This indicates a stable and well-managed business, which is a positive factor for investors. In addition, ROGERS CORPORATION operates in a growing industry, particularly in the areas of advanced materials and components for various markets such as automotive, aerospace, and electronics. This provides the company with potential for further expansion and growth in the future. Furthermore, ROGERS CORPORATION has a strong balance sheet with low debt levels, which provides financial stability and flexibility for the company. This is important for investors as it reduces the risk of potential financial difficulties in the future. Based on these factors, we believe that ROGERS CORPORATION’s stock is currently undervalued and presents a good investment opportunity. As always, we recommend conducting your own research and considering your personal investment goals before making any decisions. However, from our analysis, it appears that ROGERS CORPORATION has strong fundamentals and potential for future growth, making it an attractive investment option at its current undervalued price. More…
Peers
In the electronics industry, Rogers Corp competes against Bel Fuse Inc, Interlink Electronics Inc, and Atotech Ltd. All four companies manufacture electronic components and materials.
– Bel Fuse Inc ($NASDAQ:BELFB)
Bel Fuse Inc is a leading provider of electronic components and solutions. Its products are used in a variety of industries, including automotive, consumer, industrial, medical, military, and telecommunications. The company has a market cap of 413.64M as of 2022 and a return on equity of 15.06%. Bel Fuse Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol BELFA and BELFB.
– Interlink Electronics Inc ($NASDAQ:LINK)
Interlink Electronics Inc is a company that designs, manufactures and sells various products and technologies related to human interface and machine interface. The company’s products are used in a variety of applications, including gaming, automotive, industrial, medical, consumer electronics and military. Interlink Electronics Inc has a market cap of 57.34M as of 2022, a Return on Equity of -1.4%. The company’s products are used in a variety of applications, including gaming, automotive, industrial, medical, consumer electronics and military.
Summary
Nuance Investments LLC, a company specializing in investment management, recently acquired a new position in Rogers Corporation during the second quarter. This move was reflected in the stock price of Rogers Corporation, which saw an increase on the same day. As an investment strategy, this could indicate that Nuance Investments LLC has confidence in the future potential and performance of Rogers Corporation.
It also suggests that the company has been closely monitoring Rogers Corporation and identified it as a promising investment opportunity. This news may be of interest to investors who are considering adding Rogers Corporation to their portfolio.
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